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    <title>sharechat.co.nz - Latest News</title>
    <link>http://www.sharechat.co.nz/</link>
    <description></description>
    <language>en-nz</language>
    <copyright>Copyright: (C) Tarawera Publishing Ltd</copyright>
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      <title><![CDATA[Snakk raises $6.5M in over-subscribed issue]]></title>
      <description><![CDATA[Snakk Media, the latest brainchild of Hyperfactory co-founder Derek Handley, has raised $6.5 million from an over-subscribed share purchase plan and private placement, which it will use both to fund its expansion and potentially takeover targets]]></description>
      <link>http://www.sharechat.co.nz/article/1959fc4a/snakk-raises-6-5m-in-over-subscribed-issue.html</link>
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      <title><![CDATA[NZ trade surplus misses expectations]]></title>
      <description><![CDATA[New Zealand's trade surplus in April was smaller than expected as a rise in petroleum imports more than offset increasing meat exports after farmer culled their livestock during this year's drought]]></description>
      <link>http://www.sharechat.co.nz/article/ad3b85cb/nz-trade-surplus-misses-expectations.html</link>
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      <title><![CDATA[SFO charges seven people over mortgage fraud]]></title>
      <description><![CDATA[The Serious Fraud Office has charge seven people over a series of alleged mortgage frauds between July 2007 and December 2010]]></description>
      <link>http://www.sharechat.co.nz/article/257fb439/sfo-charges-seven-people-over-mortgage-fraud.html</link>
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      <title><![CDATA[While you were sleeping Cautious calm returns]]></title>
      <description><![CDATA[Wall Street was mixed, paring sharp early losses after disappointing data from China and a slump in Japanese stocks outweighed better-than-expected reports on US jobs and housing]]></description>
      <link>http://www.sharechat.co.nz/article/f2fb4c56/while-you-were-sleeping-cautious-calm-returns.html</link>
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      <title><![CDATA[NZ dollar falls to 8-month low]]></title>
      <description><![CDATA[The New Zealand dollar fell to an eight-month low after figures indicated Chinese manufacturing shrank this month and Federal Reserve chairman Ben Bernanke told politicians quantitative easing could be tapered off if the world's biggest economy keeps gett]]></description>
      <link>http://www.sharechat.co.nz/article/8dde2786/nz-dollar-falls-to-8-month-low.html</link>
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      <title><![CDATA[NZ meat cleared to move from across Chinese wharves]]></title>
      <description><![CDATA[New Zealand meat has been cleared to move across Chinese wharves as soon as next week though the administrative logjam has been sheeted home to the Ministry for Primary Industries]]></description>
      <link>http://www.sharechat.co.nz/article/58ea5ee5/nz-meat-cleared-to-move-from-across-chinese-wharves.html</link>
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      <title><![CDATA[Xero posts $14.4 mln FY loss, doubles revenue and paying customers]]></title>
      <description><![CDATA[Xero, the cloud-based accounting firm, widened its annual loss in line with is guidance while using cash reserves to double revenue and paying customers]]></description>
      <link>http://www.sharechat.co.nz/article/a1c393a3/xero-posts-14-4-mln-fy-loss-doubles-revenue-and-paying-customers.html</link>
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      <title><![CDATA[Veolia Transport, Auckland rail operator, almost doubles FY profit after inking new contract]]></title>
      <description><![CDATA[Veolia Transport Auckland, which runs the city's urban passenger trains, almost doubled its annual profit last year after it changed the way it does business]]></description>
      <link>http://www.sharechat.co.nz/article/a9a6c6f7/veolia-transport-auckland-rail-operator-almost-doubles-fy-profit-after-inking-new-contract.html</link>
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      <title><![CDATA[F and P Healthcare shares jump to highest in more than 2 years on profit outlook]]></title>
      <description><![CDATA[Shares in Fisher &amp; Paykel Healthcare jumped to their highest in more than two years as the maker of breathing masks and respirators said it expects to beat analyst estimates for 2014 profit after surpassing its own guidance for 2013]]></description>
      <link>http://www.sharechat.co.nz/article/f08c7623/f-and-p-healthcare-shares-jump-to-highest-in-more-than-2-years-on-profit-outlook.html</link>
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      <title><![CDATA[James Hardie makes no provision on NZ Education Ministry's leaky school claim]]></title>
      <description><![CDATA[James Hardie Industries, the Australian building materials firm, hasn't made a provision for the New Zealand Ministry of Education's $1.5 billion suit over 300 leaky buildings, saying it hasn't worked out what loss, if any, it may face]]></description>
      <link>http://www.sharechat.co.nz/article/7e333920/james-hardie-makes-no-provision-on-nz-education-ministry-s-leaky-school-claim.html</link>
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      <title><![CDATA[Bathurst gets nod for DoC access to Denniston mine]]></title>
      <description><![CDATA[Conservation Minister Nick Smith has approved access over conservation estate land for Bathurst Resources to develop an open cast coal mine on the Denniston Plateau, above Westport, to the dismay of environmental opponents]]></description>
      <link>http://www.sharechat.co.nz/article/c6d96720/bathurst-gets-nod-for-doc-access-to-denniston-mine.html</link>
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      <title><![CDATA[No savings this year for Rakon's manufacturing shift to China, grand plan coming in July]]></title>
      <description><![CDATA[Rakon, which makes crystal oscillators used in smart phones and navigation systems, doesn't expect dividends from its decision to shift its local manufacturing to China this year, but is promising investors will get a better steer on its fortunes in a Jul]]></description>
      <link>http://www.sharechat.co.nz/article/1317e211/no-savings-this-year-for-rakon-s-manufacturing-shift-to-china-grand-plan-coming-in-july.html</link>
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      <title><![CDATA[Fronde mulls capital raising for Australian push as FY profit more than doubles]]></title>
      <description><![CDATA[Fronde Systems Group, a Wellington-based software and cloud-based services developer, is considering an equity raising to fund a bigger push into Australia after more than doubling annual profit]]></description>
      <link>http://www.sharechat.co.nz/article/73e37550/fronde-mulls-capital-raising-for-australian-push-as-fy-profit-more-than-doubles.html</link>
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      <title><![CDATA[GPG pension headache puts brake on wind-down plan]]></title>
      <description><![CDATA[Guinness Peat Group will have to keep on more staff than previously planned as it works with the UK regulator over its liability for the Coats pension schemes]]></description>
      <link>http://www.sharechat.co.nz/article/ca4139d0/gpg-pension-headache-puts-brake-on-wind-down-plan.html</link>
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      <title><![CDATA[F and P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 1/2 year high]]></title>
      <description><![CDATA[Fisher &amp; Paykel Healthcare, which makes breathing masks and respirators, expects to beat analyst expectations for 2014 profit as it surpassed its own guidance for 2013 profit today as a result of revenue growth, improved gross margins and operating ef]]></description>
      <link>http://www.sharechat.co.nz/article/82a4e5e0/f-and-p-healthcare-beats-2013-guidance-forecasts-boost-in-2014-profit-shares-gain-to-2-1-2-year-high.html</link>
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      <title><![CDATA[DNZ Property sells $60M of shares to institutions at 1.8 percent discount]]></title>
      <description><![CDATA[DNZ Property Fund, which reported a 14 percent decline in annual distributable earnings yesterday, completed its $60 million placement to institutional investors at a 1.8 percent discount]]></description>
      <link>http://www.sharechat.co.nz/article/002e86e6/dnz-property-sells-60m-of-shares-to-institutions-at-1-8-percent-discount.html</link>
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      <title><![CDATA[Rakon plunges deeper into the red on writedowns; shares tumble 8 percent]]></title>
      <description><![CDATA[Rakon, which makes crystal oscillators used in smart phones and navigation systems, plunged deeper into the red after writing down the value of its Chinese and New Zealand units, and posting underlying earnings at the bottom of its twice-downgraded guidan]]></description>
      <link>http://www.sharechat.co.nz/article/26645c44/rakon-plunges-deeper-into-the-red-on-writedowns-shares-tumble-8-percent.html</link>
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      <title><![CDATA[Comvita FY profit falls 10 percent , beating guidance, on honey shortage, rising costs]]></title>
      <description><![CDATA[Comvita, which produces health products from manuka honey and olive leaves, posted a 10 percent decline in full-year profit, beating its own guidance as it coped with a shortage of honey and higher costs]]></description>
      <link>http://www.sharechat.co.nz/article/90424db3/comvita-fy-profit-falls-10-percent-beating-guidance-on-honey-shortage-rising-costs.html</link>
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      <title><![CDATA[Argosy lifts FY profit after year-earlier charges, property income falls]]></title>
      <description><![CDATA[Argosy Property reported a jump in full-year profit after earnings in the previous year were eroded by the costs of internalising its management contract. Net property income fell 1.8 percent]]></description>
      <link>http://www.sharechat.co.nz/article/1a1a5414/argosy-lifts-fy-profit-after-year-earlier-charges-property-income-falls.html</link>
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      <title><![CDATA[NZ dollar declines after Bernanke says Fed may taper QE on signs of sustained improvement]]></title>
      <description><![CDATA[The New Zealand dollar fell after US Federal Reserve Chairman Ben Bernanke said the central bank may taper monthly bond purchases at its next few meetings if it's confident of sustained gains in the economy]]></description>
      <link>http://www.sharechat.co.nz/article/a26788f1/nz-dollar-declines-after-bernanke-says-fed-may-taper-qe-on-signs-of-sustained-improvement.html</link>
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      <title><![CDATA[While you were sleeping Fed opens taper door]]></title>
      <description><![CDATA[US stocks and bonds fell, both giving up earlier gains, after Federal Reserve chief Ben Bernanke suggested the central bank might scale back stimulus measures as early as at its next meeting]]></description>
      <link>http://www.sharechat.co.nz/article/a10c5091/while-you-were-sleeping-fed-opens-taper-door.html</link>
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      <title><![CDATA[Ecoya changes name to Trilogy as skincare range trumps scented candles]]></title>
      <description><![CDATA[Ecoya, which counts the Bakery Business LP as its biggest shareholder, has changed its name to Trilogy International as the skincare range it bought in 2010 dominates sales over its scented candle business and is seen as the driving force the company]]></description>
      <link>http://www.sharechat.co.nz/article/42b78c71/ecoya-changes-name-to-trilogy-as-skincare-range-trumps-scented-candles.html</link>
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      <title><![CDATA[Property For Industry merger with Direct Property Fund is fair, advisers say]]></title>
      <description><![CDATA[Property For Industry's proposed merger with Direct Property Fund to create an $800 million industrial property empire is fair, according to independent appraisals released today]]></description>
      <link>http://www.sharechat.co.nz/article/a5ed6951/property-for-industry-merger-with-direct-property-fund-is-fair-advisers-say.html</link>
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      <title><![CDATA[NZ Post sees no impact on debt on issue from S and P lowering rating outlook]]></title>
      <description><![CDATA[New Zealand Post, the state-owned postal service, says Standard &amp; Poor's move to lower the outlook on its A+ credit rating won't affect debt on issue or create any problems for its financing activities]]></description>
      <link>http://www.sharechat.co.nz/article/85a00416/nz-post-sees-no-impact-on-debt-on-issue-from-s-and-p-lowering-rating-outlook.html</link>
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      <title><![CDATA[DNZ annual earnings fall 14 percent, signals $80M capital raising for new acquisitions]]></title>
      <description><![CDATA[DNZ Property Fund, a diversified property investor, reported a 14 percent fall in annual earnings and plans to raise $80 million in a placement to institutional investors and a share purchase plan to help pay for two new acquisitions]]></description>
      <link>http://www.sharechat.co.nz/article/b86fcba3/dnz-annual-earnings-fall-14-percent-signals-80m-capital-raising-for-new-acquisitions.html</link>
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      <title><![CDATA[Vodafone NZ loses mobile customers for 9th straight quarter]]></title>
      <description><![CDATA[Vodafone New Zealand, which bought phone company TelstraClear for $840 million last year, lost a net 7,000 mobile customers in the first three months of the year, its ninth straight quarterly decline]]></description>
      <link>http://www.sharechat.co.nz/article/61a9f3a5/vodafone-nz-loses-mobile-customers-for-9th-straight-quarter.html</link>
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      <title><![CDATA[Minnow lender Asset Finance rapped by RBNZ over related party lending]]></title>
      <description><![CDATA[Asset Finance, the minnow lender which was temporarily stopped from seeking new investment last year over the representation of a related party loan, has been rapped over the knuckles by the Reserve Bank for breaching the cap on related party lending]]></description>
      <link>http://www.sharechat.co.nz/article/3ccd8b64/minnow-lender-asset-finance-rapped-by-rbnz-over-related-party-lending.html</link>
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      <title><![CDATA[NZ dollar weakens ahead of Federal Reserve comments on stimulus]]></title>
      <description><![CDATA[The New Zealand dollar weakened against its US counterpart amid speculation growth in the world's largest economy may spur the Federal Reserve to reduce stimulus, known as quantitative easing]]></description>
      <link>http://www.sharechat.co.nz/article/3aefacf3/nz-dollar-weakens-ahead-of-federal-reserve-comments-on-stimulus.html</link>
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      <title><![CDATA[While you were sleeping Bullard lifts stocks]]></title>
      <description><![CDATA[Wall Street gained, touching records, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should maintain its current bond-buying program to help bolster growth]]></description>
      <link>http://www.sharechat.co.nz/article/53ab0aa1/while-you-were-sleeping-bullard-lifts-stocks.html</link>
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      <title><![CDATA[NZ inflation expectations fall to lowest since June 1999 as growth uptick seen]]></title>
      <description><![CDATA[New Zealand inflation expectations have fallen to the lowest in 14 years, even as business managers raised their expectations for economic growth, suggesting the central bank won't have to rush to raise interest rates]]></description>
      <link>http://www.sharechat.co.nz/article/bd200d72/nz-inflation-expectations-fall-to-lowest-since-june-1999-as-growth-uptick-seen.html</link>
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      <title><![CDATA[F and P Healthcare shares rise to two-year high as First NZ raises rating on better outlook]]></title>
      <description><![CDATA[Shares of Fisher &amp; Paykel Healthcare, which has lifted its full-year guidance three times, rose to a two-year high after brokerage First NZ Capital raised its rating to "outperform" from "neutral", citing prospects for better growth and higher margins]]></description>
      <link>http://www.sharechat.co.nz/article/42898a77/f-and-p-healthcare-shares-rise-to-two-year-high-as-first-nz-raises-rating-on-better-outlook.html</link>
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      <title><![CDATA[Deep-sea phosphate miner CRP on track for final investment decision this year]]></title>
      <description><![CDATA[Independent research commissioned by would-be undersea phosphate miner Chatham Rock Phosphate has raised the company's share price to a target value of $2 from $1.87 last September as the timetable firms for mining from early 2015]]></description>
      <link>http://www.sharechat.co.nz/article/0829bf33/deep-sea-phosphate-miner-crp-on-track-for-final-investment-decision-this-year.html</link>
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      <title><![CDATA[Renaissance posts first-half loss on shrinking margins from Apple products, impairment]]></title>
      <description><![CDATA[Renaissance Corp, the retailer of Apple products and design school operator, turned to a first-half loss on disappointing sales, shrinking margins and an impairment charge at its Yoobee stores]]></description>
      <link>http://www.sharechat.co.nz/article/5cfeafc3/renaissance-posts-first-half-loss-on-shrinking-margins-from-apple-products-impairment.html</link>
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      <title><![CDATA[Central Plains Water shareholders committed to capital raising up to $56 mln]]></title>
      <description><![CDATA[Shareholders of Central Plains Water, set up to draw water for irrigation from Canterbury's Rakaia and Waimakiriri rivers, have indicated their commitment to the equity component of a looming $140 million capital raising]]></description>
      <link>http://www.sharechat.co.nz/article/5907c3b1/central-plains-water-shareholders-committed-to-capital-raising-up-to-56-mln.html</link>
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      <title><![CDATA[NZ exodus across the Tasman slows to smallest monthly pace in almost three years]]></title>
      <description><![CDATA[The number of New Zealanders quitting this country for a better life across the Tasman slowed to its smallest monthly pace in almost three years, as the local economic prospects start overshadowing Australia's]]></description>
      <link>http://www.sharechat.co.nz/article/5d173c95/nz-exodus-across-the-tasman-slows-to-smallest-monthly-pace-in-almost-three-years.html</link>
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      <title><![CDATA[NZOG chair Griffiths backs director liability over health and safety failures]]></title>
      <description><![CDATA[New Zealand Oil &amp; Gas chairman Peter Griffiths has thrown his support behind legislative moves to make directors liable if the companies they govern fail to meet health and safety obligations]]></description>
      <link>http://www.sharechat.co.nz/article/dc101b64/nzog-chair-griffiths-backs-director-liability-over-health-and-safety-failures.html</link>
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      <title><![CDATA[Sealegs ekes out full-year profit, raising prices as volume of boats sold slips]]></title>
      <description><![CDATA[Sealegs Corp, which makes amphibious boats, posted a return to full-year profit after raising prices while sales of its vessels slipped]]></description>
      <link>http://www.sharechat.co.nz/article/5475a5e1/sealegs-ekes-out-full-year-profit-raising-prices-as-volume-of-boats-sold-slips.html</link>
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      <title><![CDATA[NZ dollar gains on concern Bernanke may be cautious on US growth]]></title>
      <description><![CDATA[The New Zealand dollar rose as the greenback weakened on trader bets that Federal Reserve Chairman Ben Bernanke on Wednesday may say he is still cautious about the pace of recovery in the world's largest economy]]></description>
      <link>http://www.sharechat.co.nz/article/7b67bca3/nz-dollar-gains-on-concern-bernanke-may-be-cautious-on-us-growth.html</link>
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      <title><![CDATA[While you were sleeping Hesitancy after new records]]></title>
      <description><![CDATA[Wall Street touched fresh records earlier in the day before giving up gains as investors await clues from the US Federal Reserve on its plans for maintaining stimulus measures]]></description>
      <link>http://www.sharechat.co.nz/article/9eaaba63/while-you-were-sleeping-hesitancy-after-new-records.html</link>
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      <title><![CDATA[MightyRiverPower shares dip below $2.50 offer price]]></title>
      <description><![CDATA[Shares in MightyRiverPower, which the government partially privatised earlier this month, dipped below their $2.50 float price in afternoon trading, 10 days after listing on the stock exchange]]></description>
      <link>http://www.sharechat.co.nz/article/7fb3ea67/mightyriverpower-shares-dip-below-2-50-offer-price.html</link>
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