PGG Wrightson downgrades forecast as trading conditions worsen
Market conditions are impacting the whole of the agricultural sector, the firm says.
Market conditions are impacting the whole of the agricultural sector, the firm says.
The index powered ahead after falling nearly 1 per cent yesterday.
Regulator slams the platform for a "history of non-compliance".
It was the lower-risk stocks that outperformed today.
Some confidence returned to the local index in the afternoon but it remained in the red.
The CEOs of NAB and BNZ explain how their banking brotherhood works. Video / Carson Bluck
The New Zealand sharemarket was marginally down to finish the week flat.
Every minute on the clock, and meal on a plate, matters for margins.
One of the biggest restaurant groups Savor has turned its finances around with a relentless focus on margins. Video / Carson Bluck
The Reserve Bank was the deliverer of good tidings today.
The S&P/NZX 50 Index fell at the opening and never got out of first gear.
35,000 new investors get in the game.
Synlait has put its chief finance officer in charge of speeding up the sale of Dairyworks.
The New Zealand sharemarket was lower for the seventh time in eight trading days.
Heartland CEO Jeff Greenslade will leave after the Challenger acquisition.
Financial Times: Traders are asking how much further oil can rally.
Research from Mercer reveals private equity is the best asset of the past decade but there’s an even better performer that was left off the list – Bitcoin. Video / Carson Bluck
Private equity proves the place for investors to be.
The company has kicked its debt repayment down the track to July 15.
Investors like monopolies, but consumers and Governments loathe them. This episode explores our love-hate relationship with market dominance. Video / Carson Bluck
Monopolies: Investors love them, consumers loathe them.
The NZ sharemarket had a mixed trading day before eventually finishing lower.
The local index was rescued somewhat with a late rise in the matching session.
The New Zealand sharemarket had a down day following the Easter break.
A slump in red meat export prices has plunged Silver Fern Farms into the red.
World stocks rise 7.7% as optimism about US economy offsets expectations of rate cuts.
"Central banks globally including us and fiscal authorities pumped money in."
The Governor of the Reserve Bank of New Zealand explains how the expansion of money supply and higher consumer prices have eroded people’s purchasing power. Video / Carson Bluck / Mark Mitchell
The uptick came despite a trading halt, voluntary administration and a product recall.
Investors in company will have to wait until Tuesday for an update on its debt.