About Us  |   Advertise  |   Contact Us  |   Terms & Conditions  |   RSS Feeds
Open account with Equity Investment Advisers

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.

Metlife buys McClymonts Road site, fourth property purchase on Auckland's North Shore
7 Oct, 11:40am
Metlifecare, the retirement village operator, has entered into a conditional agreement to buy land in Auckland's North Shore for an undisclosed sum as part of its proposed $300 million village project... More »

Comcom warns roofer on cartel behaviour
7 Oct, 11:35am
The Commerce Commission has formally warned Consolidated Alloys N.Z. for cartel-like behaviour after the Australian owned manufacturer used a settlement over a patent dispute to try and restrict roofing products available in New Zealand... More »

US-based D&S Communications buys assets of failed Mako Networks
7 Oct, 11:00am
US telecommunications company D&S Communications has paid $3 million for the assets of Mako Networks from the failed network security company’s receivers... More »

NZ Super Fund seeking more NZ investments where it has 'hometown advantages'
7 Oct, 9:35am
The New Zealand Superannuation Fund is actively seeking new domestic investment opportunities where it believes it has “hometown advantages” but chief executive Adrian Orr said they’re difficult to find at the scale it needs... More »

NZ dollar gains as dairy prices rise in latest GDT auction, sapping rate cut expectations
7 Oct, 9:05am
The New Zealand dollar gained after dairy prices rose at the latest GlobalDairyTrade auction, soothing concerns about the local economy and eroding expectations the Reserve Bank will cut interest rates this month... More »

Summerset lifts annual earnings guidance as sales jump 64% in third quarter
7 Oct, 9:00am
Summerset Group, the retirement village developer and operator, raised annual earnings guidance after sales climbed 64 percent in the third quarter and in anticipation of increased activity in the final three months of the year, when residents move i... More »

While you were sleeping: IMF cuts global growth outlook
7 Oct, 8:15am
Wall Street was mixed, as shares of DuPont rallied, while biotech stocks dropped, while the International Monetary Fund downgraded its global growth forecasts... More »

Dairy product prices increase on optimism for outlook
7 Oct, 6:55am
Dairy product prices climbed in the latest GlobalDairyTrade auction, increasing for a fourth consecutive time after nearly six months of declines... More »

MARKET CLOSE: NZ shares rise on TPP; SkyCity, Xero, Fletcher advance
6 Oct, 5:45pm
New Zealand shares rose after agreement was reached on the Trans Pacific Partnership deal. Xero, SkyCity Entertainment Group and Fletcher Building gained... More »

NZ dollar slips vs. Australian dollar after RBA gives no hint of lowering interest rates
6 Oct, 5:25pm
The New Zealand dollar dipped against its trans-Tasman counterpart after the Reserve Bank of Australia disappointed traders looking for hints of another rate cut, keeping the target cash rate unchanged and saying data will inform future movements... More »

RBA sees regulatory measures helping contain risks in Sydney, Melbourne housing markets
6 Oct, 5:20pm
The Reserve Bank of Australia kept its cash rate unchanged at 2 percent, as expected, and indicated it has become slightly less concerned about volatility in financial markets and the overheated housing market in Sydney and Melbourne... More »

NZ govt lifts target speeds for rural broadband in drive to lift ICT investment
6 Oct, 5:10pm
The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key dr... More »

Affinity's Tegel may be heading for NZX 50 as fund managers warm to chicken business
6 Oct, 4:40pm
Tegel Foods may be headed for the NZX 50 Index in an initial public offering that could value Affinity Equity Partners' New Zealand poultry business at about $800 million, although there is a question mark about whether the sale could be co... More »

Affco denies fixed-term contract meat workers are locked out
6 Oct, 1:45pm
Talleys Group controlled meat processor Affco New Zealand, has told the Employment Court case law to backs up its stance that seasonal meat workers are not employed continuously and instead sign fixed-term contracts, so cannot be said to have been lo... More »

Labour says jury's out on supporting TPP
6 Oct, 1:10pm
Senior Labour Party politicians are waiting for the detail of the Trans Pacific Partnership trade and investment pact before declaring whether it breaches any of the five "bottom lines" the party says the TPP must meet before deciding whether to... More »

Mercer to sell unprofitable medical division for $2mln
6 Oct, 12:20pm
Mercer Group, the stainless steel fabricator and manufacturer, has agreed to sell its unprofitable medical division for $2.03 million, kicking off an asset sale programme signalled in August when the company wrote off $6 million from the value of goodwill... More »

MediaWeb's Victor Clarke pleads guilty to $2.2 million fraud
6 Oct, 12:10pm
Victor Clarke, a former director of MediaWeb, one-time publisher of NZ Management magazine, has pleaded guilty to forgery and false accounting charges, brought by the Serious Fraud Office, relating to loans of $2.2 million for the fail... More »

Orion shares jump 9% after Leidos syndicate wins US defence contract
6 Oct, 11:05am
Orion Health shares jumped 9 percent after the listed healthcare system software developer said it was part of a group that won a US Department of Defense contract to help modernise the department's healthcare data system... More »

Auckland house prices rise to record in September as regulation looms, Barfoot says
6 Oct, 11:00am
Auckland house prices rose to a record in an unseasonably busy September as buyers sought properties ahead of new regulations aimed at cooling the market, according to the city's largest realtor... More »

Sanford appoints Rob McLeod to board, seeks tie-up with Maori fisheries
6 Oct, 10:40am
Sanford, New Zealand's largest listed fishing group, will add Ernst & Young chairman Rob McLeod to its board next year as it seeks to get closer with Maori fishing firms in a bid to lift the industry's performance against foreign rivals... More »

Find more news in the News Archive

  forex centre
cfd centre
options centre
NZX 15 Index
News Alerts
Breaking News (Up to 10 Emails a day) 
After the Bell (Daily) 
Gold News 

Unsubscribe/Update »

RSS feeds »
Twitter »
Facebook »

Most Commented On

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