
Stock Takes: The big deal, Meridian, Z and Moa
The Government's announcement of an early November listing for Meridian Energy confirmed market expectations although the timing was a little bit interesting.
The Government's announcement of an early November listing for Meridian Energy confirmed market expectations although the timing was a little bit interesting.
Punakaiki Fund, set up by Lance Wiggs, is seeking to raise up to $50m to invest in early stage NZ technology, internet and design companies.
Editorial: The Govt has recognised that it needs to make Meridian a much more enticing proposition if it is to attract a far better take-up from mum and dad investors.
SkyCity Entertainment Group is eyeing a Manila casino opportunity but has stepped away from Gold Coast plans.
Shares in Z Energy have been priced at $3.50 each - the middle of an indicative range - after a book-building process.
There has been much excitement about healthcare company Ebos since its spectacular $1.1 billion purchase of Australia's Symbion and its successful capital raising.
Slowing revenue growth means Xero's soaring share price can no longer be justified, a fund manager says.
Michael Dell, the man who founded Dell Computers, has joined fellow US multi-billionaire George Soros on the Guinness Peat Group share register.
Shares in Auckland International Airport (AIA) have put on a strong burst over the past month and the market talk was that the company could be on the verge of selling its stake in North Queensland Airports.
Synlait Milk shares debuted at $2.62 and went on to trade in a $2.61 to $2.90 range before closing at $2.74.
Technology manufacturer Rakon has responded to a query from the Shareholders Association regarding an "unusual" rise in its share price in the lead-up to a major announcement last week.
Xero, the Kiwi accounting software provider that's yet to turn a profit, is now worth more than $2 billion.
Infant formula is clearly where the action is on the international dairy markets.
It's been a roller coaster week for the New Zealand share market. The NZX 50 fell more than 1 per cent on Tuesday as the Chinese stockmarket fell to its lowest level in four years amid fears of a credit squeeze slowing its economy.