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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.


Blis Technologies forecasts 75% gain in annual sales
31 Jul, 10:15am
Blis Technologies, the NZX listed biotech company, said sales will rise as much as 75 percent, helped by demand in Europe, North America and in New Zealand... More »

OceanaGold acquires Canada's Romarco to become 'world's cheapest gold producer'
31 Jul, 9:50am
OceanaGold Corp, the Australian gold miner, has acquired Canada's Romarco Minerals for a 73 percent premium, in a bid to become the world's cheapest gold miner... More »

NZ dollar extends slide as easing RBNZ contrasts with more upbeat Fed
31 Jul, 9:00am
The New Zealand dollar extended its decline, falling below 66 US cents as the prospect of more easing by the Reserve Bank dented the appeal of the kiwi in an enviroment where the US Federal Reserve prepares to hike interest rates... More »

While you were sleeping: Solid US GDP, jobs
31 Jul, 7:50am
Wall Street was mixed as better than expected US economic growth and solid jobs data offset disappointing results from Procter & Gamble as well as Whole Foods Market... More »

MARKET CLOSE: NZ shares rise; Heartland, Kathmandu climb
30 Jul, 5:45pm
New Zealand shares rose. Heartland New Zealand advanced after the bank affirmed its profit guidance. Kathmandu Holdings gained on the back of a positive earnings forecast by its would-be acquirer, Briscoe Group... More »

NZ dollar falls on Wheeler's argument for weaker currency, Fed's labour market view
30 Jul, 5:15pm
The New Zealand dollar fell as a combination of Reserve Bank governor Graeme Wheeler's message that the currency needs to depreciate and a more optimistic US labour market view from the Federal Reserve weighed on the local currency... More »

Moa employees get access to new share scheme
30 Jul, 4:50pm
Craft beer maker Moa Group will give workers another chance to get shares in the company, with a long term employee option scheme issuing up to 1.2 million share options... More »

Millennium & Copthorne 1H profit soars 93% on hotels, property developments
30 Jul, 3:55pm
Millennium & Copthorne Hotels New Zealand, the hotel operator and property developer, boosted first-half profit by 93 percent as it lifted the performance of its hotel operations and its property developments turned profitable in the period... More »

Harmoney founder and CEO Neil Roberts leaves board
30 Jul, 3:40pm
Neil Roberts, founder and majority owner of Harmoney Corp, has stepped down from the peer to peer lender's board but will remain as chief executive... More »

NZ billionaires generally increased their wealth, as record 15 new entrants added to NBR Rich List
30 Jul, 3:10pm
New Zealand's billionaires generally increased their wealth in the past 12 months, according to the National Business Review's 2015 Rich List, which welcomed a record 15 new entrants, bringing the collective wealth of Rich Listers to $68.9 billion... More »

Todd family patriarch Sir John Todd dies
30 Jul, 1:40pm
Sir John Todd, the patriarch of New Zealand's wealthy Todd family, has died aged 88 after a period of illness... More »

CDL Investments lifts 1H profit 3.6% on 'satisfactory' property sales
30 Jul, 12:45pm
CDL Investments, the residential property developer controlled by Millennium & Copthorne Hotels New Zealand, lifted first half profit 3.6 percent on what it called "satisfactory" sales which reflected the current market... More »

Jetstar adds 6th NZ domestic route, bolsters trans-Tasman flights
30 Jul, 12:25pm
Jetstar, the low-cost offshoot of Australian owned Qantas Airways, will add a sixth domestic route with a new Wellington/Dunedin schedule and bolster its trans-Tasman flights as it looks to win passengers from dominant rival Air New Zealand... More »

Brierley's Mercantile wins over Ask Funding board in sweeter takeover bid
30 Jul, 12:05pm
Ron Brierley's Mercantile Investment has won over the board of takeover target Ask Funding after sweetening its offer last week... More »

Murray Radford to stay on Bethunes board, after founder John Mowbray walks
30 Jul, 11:50am
Bethunes Investments' outgoing chairman Murray Radford will stay on the board of the auction house formerly known as Mowbray Collectables after founder John Mowbray declared his resignation as director yesterday... More »

NZ home building consents fall 4.1% in June as Canterbury work tapers off
30 Jul, 11:25am
New Zealand residential building consents fell 4.1 percent in June as construction intentions in Canterbury tapered off, with the region's housing rebuild nearing a plateau... More »

NZOG seeks partners for 2017 drilling at 'high-potential' Barque prospect
30 Jul, 10:55am
New Zealand Oil & Gas says exploration drilling of the Barque prospect in the Canterbury basin, which has the potential to be the nation's biggest ever hydrocarbon discovery, is expected to start in 2017, subject to securing suitable partners and... More »

Saatchi & Saatchi NZ owner's 2014 billings drop 4.7%, Clemenger's commissions rise 6.3%
30 Jul, 10:10am
By Jonathan Underhill     July 30 (BusinessDesk) - Secondo Investments, the owner of Saatchi & Saatchi New Zealand, posted a 6.3 percent drop in billings last year, while rival advertising... More »

Turners buys Southern Finance for $5 mln in South Island push
30 Jul, 9:30am
Turners, formerly known as Dorchester Pacific, has bought Southern Finance for $5 million, giving the finance company greater exposure in the South Island as it continues to expand its loan book... More »

Heartland says 2016 profit may rise as much as 15%, affirms 2015 guidance
30 Jul, 9:30am
Heartland New Zealand, the Auckland based lender, said profit may rise as much as 15 percent in 2016, while affirming its guidance for earnings this year to reach the top of its forecast range... More »

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