About Us  |   Advertise  |   Contact Us  |   Terms & Conditions  |   RSS Feeds
Support our sponsors:

Sharemarket News


The sharemarket news page contains the latest financial news on NZX listed companies together with global business news that impacts investors. You can also view the latest NZX announcements on the markets page. To receive finance headlines directly to your inbox, you can sign up to our free newsletter or RSS feed here.

TeamTalk revises first half profit expectations down after poor trading; shares drop
23 Jan, 3:45pm
TeamTalk, the listed telecommunications firm, has revised down its profit expectations for the first half of the financial year to about $2 million less than what it achieved at the same time last year, forcing an early refinancing of its debt facili... More »

NZX 50 soars to fresh record in global equities rally and hunt for yield
23 Jan, 2:45pm
The NZX 50 Index climbed to a fresh high as investors hunt for income paying investments on the prospect of interest rates staying lower for longer, as the European Central Bank embarks on a sovereign debt buying programme... More »

UPDATE: Tainui's Mike Pohio resigns; tribe reconsiders inland port development
23 Jan, 1:25pm
Mike Pohio, chief executive of Tainui Group Holdings, has resigned after eight years at the helm and as Waikato-Tainui reconsiders its capital commitment to a planned $3.3 billion transport hub north of Hamilton... More »

Kathmandu appoints Xavier Simonet as new chief executive
23 Jan, 12:30pm
Kathmandu, the Christchurch-based outdoor clothing retailer, has appointed Xavier Simonet as its new chief executive who will relocate from London to Melbourne to take up the role... More »

FMA warns trader on market manipulation
23 Jan, 11:45am
The Financial Markets Authority has formally warned an unnamed trader over market manipulation for buying the same shares they were trying to sell... More »

RESEND: Tainui Group Holdings CEO Mike Pohio resigns after building $840M asset base
23 Jan, 11:30am
Tainui Group Holdings chief executive Mike Pohio has resigned after eight years at the helm to pursue governance opportunities... More »

NZ govt operating deficit smaller than expected on lower expenses
23 Jan, 10:15am
The New Zealand's government's operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax take from last month's forecast... More »

Windflow to sack staff as UK, NZ energy markets remain slow
23 Jan, 9:35am
Windflow Technology, the unprofitable wind turbine manufacturer, will sack staff to reduce costs in the face of slow planning and production in the UK and weak demand in the New Zealand market... More »

NZ dollar holds at 2 1/2 year low as investors mull outlook
23 Jan, 9:10am
The New Zealand dollar held at a key two and a half year low as investors mull whether the currency is a good bet because of its high yield or whether it is risky bet given concern about slowing global growth... More »

While you were sleeping: ECB exceeds expectations
23 Jan, 7:55am
Equity markets climbed after European Central Bank President Mario Draghi delivered a larger-than-expected quantitative easing program worth more than 1 trillion euros in an effort to fuel the euro-zone economy and ward off deflation... More »

Contact Energy signs deal with Maui that could see it use less gas
22 Jan, 3:15pm
Contact Energy, one of New Zealand’s largest electricity generators and retailers, has signed a new deal with Maui Development Ltd to purchase between 22 and 26 petajoules of gas over a two to three year period that significantly boosts its ove... More »

NZ consumer confidence climbs in January on improving future outlook
22 Jan, 1:15pm
New Zealand consumer confidence rose for a second month in January as households grew more upbeat about the prospects for the future... More »

Manufacturing activity rises to decade high in December
22 Jan, 12:10pm
Activity in New Zealand's manufacturing sector rose last month to its highest level in a decade... More »

James Pascoe increases stake in Warehouse to 7.4%
22 Jan, 10:10am
James Pascoe, the retail group owned by David and Anne Norman, has added to its holding in Warehouse Group by buying on market this week, as the shares traded at a near two and a half year low... More »

MightyRiverPower to keep energy price on hold, other prices could change
22 Jan, 9:05am
MightyRiverPower, the first of the state owned power companies to be partially privatised in 2013, will keep the price it charges for electricity on hold for a third year in a row, but again will pass on any movements in the transmission and distribution... More »

GeoOp user growth accelerates in December quarter
22 Jan, 8:55am
GeoOp, whose software allows mobile businesses such as builders to manage their workforce, reported accelerating growth in user numbers through the final three months of 2014... More »

NZ dollar falls to 2 1/2 year low after Canadian central bank cuts rates
22 Jan, 8:40am
The New Zealand dollar fell to a two-and-a-half year low after the Bank of Canada cut its benchmark interest rate, weighing on other commodity-linked currencies such as the kiwi and the Aussie... More »

While you were sleeping: Stocks advance on ECB reports
22 Jan, 8:00am
Equities on both sides of the Atlantic rose after reports that the European Central Bank plans to spend 50 billion euros a month on debt purchases to stoke the languid euro-zone economy and ward off deflation... More »

Finance Minister English to keep lid on public sector wages
21 Jan, 1:45pm
Finance Minister Bill English has warned public sector employees will face "restrained" wage increases as he tries to get the government books back in the black while contending with lower than expected inflation... More »

NZ skilled job vacancies rise in December as Canterbury rebuild spurs hiring
21 Jan, 12:40pm
The number of skilled vacancies advertised online in New Zealand rose 1.1 percent last month to its highest level in nearly six years as the Canterbury rebuild increased demand for skilled construction workers and engineers, according to the Ministry... More »

Find more news in the News Archive

  forex centre
cfd centre
options centre
NZX 15 Index
News Alerts
Breaking News 
After the Bell (daily) 
Gold News 

Unsubscribe/Update »

RSS feeds »
Twitter »
Facebook »


© Copyright 2015 MoneyOnline Ltd & Investment Research Group Ltd. All Rights Reserved.