Investors stories - Page 7
Hotchin drops Perpetual in appeal case
Thu, 26th Mar 2015
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fintech
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allied farmers
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has abandoned his appeal against Perpetual Trust to include them in the Financial Markets A.
NZ dollar hits new record against Aussie, stoking parity speculation
Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.
NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices
Thu, 12th Mar 2015
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housing
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rbnz
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demand
New Zealand residential property prices rose in February, led by Auckland where an under-supply of housing is putting pressure on the market.
MARKET CLOSE: NZ shares fall, led by MetroGlass, A2, NZOG
Wed, 11th Mar 2015
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power / energy
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nzx
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air new zealand
New Zealand shares fell, led by Metro Performance Glass and paced by New Zealand Oil and Gas as investors digested earnings season.
NZ dollar hits new record vs. euro ahead of ECB quantitative easing
Thu, 5th Mar 2015
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new zealand dollar
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kiwi
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anz bank
The New Zealand dollar rose to a record against the euro ahead of a European Central Bank meeting tonight where it's expected to detail plans for its.
NZX share trading climbs in February, equity market tops $100bln
Wed, 4th Mar 2015
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nzx
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stock market
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kiwisaver
The volume and value of cash trading on New Zealand's share market rose in February, snapping a decline a month earlier, and helped push the value of.
Wellington Drive widens annual loss, NZX's SuperLife underwrites $3m share issue
Mon, 2nd Mar 2015
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nzx
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sales
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superlife
Wellington Drive Technologies, the unprofitable manufacturer of energy efficient motors, widened its annual loss as sales dropped 35 percent.
UPDATE: Fonterra Shareholders' Council relieved at dairy forecast being maintained
Thu, 26th Feb 2015
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westpac
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fonterra
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strategy
Farmers will be relieved at today's decision by Fonterra Cooperative Group, the world's largest dairy exporter, to maintain its forecast payout to fa.
SLI first-half loss widens by 75%, says cash burn easing
Tue, 24th Feb 2015
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sli systems
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shares
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patents
SLI Systems, the online retail search engine developer, widened its first-half loss by 75 percent as it chases growth in the US eCommerce market.
NZ dollar edges higher after dairy auction as investors mull global concerns
Wed, 18th Feb 2015
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fonterra
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new zealand dollar
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nz dollar
The New Zealand dollar failed to jump significantly higher following a positive GlobalDairyTrade auction overnight as investors focused on global c.
Dairy product prices rise with cheddar, whole milk powder
Wed, 18th Feb 2015
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fonterra
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new zealand dollar
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globaldairytrade
Dairy product prices advanced in the latest GlobalDairyTrade auction, propelled by gains in cheddar and whole milk powder.
MARKET CLOSE: NZ shares fall; Contact drops 9% on offshore plans; Genesis declines
Mon, 16th Feb 2015
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power / energy
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fleet management
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nzx
NZ shares dip as Contact Energy's revealed offshore ambitions and a stagnant dividend weigh on the market. Genesis and Meridian also slide.
US FAA approved drone company Aeronavics to crowd fund up to $1.5 million
Fri, 13th Feb 2015
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snowball effect
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sales
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aeronavics
Aeronavics, a Waikato-based drone company with one of only two US Federal Aviation Authority permissions to be used for filming, is looking to rais.
SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields
Wed, 11th Feb 2015
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.
MARKET CLOSE: NZ shares close at new record as earnings season looms; Heartland gains
Thu, 5th Feb 2015
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healthtech
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nzx
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air new zealand
New Zealand shares rose for a fourth day, closing at a new record, as a lack of profit warnings ahead of the earnings season reinforced confidence.
NZX January trading volume drops, value edges up
Wed, 4th Feb 2015
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capital
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nzx
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shares
The volume of cash trading on New Zealand's share market dropped in January from a year earlier, in what's typically a quiet month, though the valu.
Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand
Tue, 3rd Feb 2015
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rbnz
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australian dollar
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inflation
The Reserve Bank of Australia cut its cash rate to a record low, saying weak domestic demand and tame inflation in the face of falling crude oil pr.
SkyCity cut to 'sell' by Craigs, citing lack of return and high risk
Tue, 3rd Feb 2015
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shares
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skycity
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investment
SkyCity Entertainment Group was downgraded to 'sell' from 'hold' by Craigs Investment Partners, reflecting that the brokerage doesn't expect shares.
NZ dollar edges up ahead of local business confidence, inflation
Mon, 19th Jan 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar edged up ahead of business confidence and inflation figures in coming days, as investors gauge the strength of local economy.