Wednesday, 22 August 2018

Markets

  • Fletcher Building expects to resume dividends in FY119

    12:46 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - Fletcher Building reported a full year loss but expects to resume paying dividends this year after overhauling the business in the wake of steep losses in its Building + Interiors unit.  more»
  • Judgment: Baker v Hodder

    12:41 | 22/8/18
    Scoop
    CHRISTOPHER DUNCAN BAKER AND KATHRYN ANN BAKER v WALLACE DOUGLAS HODDER AND ANN ADELE HODDER AND KADD FARM LIMITED (SC 94/2017) [2018] NZSC 78  more»
  • TradeMe delivers 22cps special dividend

    12:21 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - TradeMe Group is distributing $100 million via a 22 cents per share special dividend, as the online auction company announced it turned over more than $250 million for the first time to deliver a 3.9 percent increase in net ... more»
Major Indices
 
 
 
 
Recent News
  • Vodafone faces charges over expired contracts

    12:16 | 22/8/18
    Scoop
    The Commerce Commission has laid 10 charges against Vodafone New Zealand Limited (Vodafone) alleging it made false representations in invoices sent to its customers.  more»
  • FIRST CUT: Meridian lifts earnings on late hydro recovery

    12:11 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - Meridian Energy, New Zealand’s biggest power generator, today reported a slight lift in full-year earnings despite weak hydro conditions for much of the period. more»
  • Taxpayers' Union: Government should sell more assets

    12:11 | 22/8/18
    Scoop
    A report by TDB Advisory showing the success of the Mixed Ownership Model demonstrates the need for more asset sales, says the New Zealand Taxpayers’ Union .  more»
  • Spark annual profit falls 7.9% as Quantum costs kick in

    12:09 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - Spark New Zealand posted a 7.9 percent decline in annual profit as the country's biggest telecommunications company booked restructuring costs as it chases the mantle of being the lowest cost operator. more»
  • A2 Milk doubles profit in 2018 on strong formula sales

    12:07 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - A2 Milk Co more than doubled its 2018 profit as it lifted its margins on increased infant formula sales.  more»
  • Receiving entries for broadcasting awards

    12:05 | 22/8/18
    Scoop
    The Bill Toft Memorial Fund awards a grant of $5,000 for broadcasters working in online or broadcasting media in New Zealand  more»
  • Tatau launches first AI-ready supercomputing platform

    11:59 | 22/8/18
    Scoop
    Tatau , a technology company delivering cost-effective and efficient computing outcomes to the artificial intelligence industry, today announced the launch of its blockchain-based supercomputing platform.  more»
  • Vodafone responds to outcome of investigation

    11:55 | 22/8/18
    Scoop
    The Commerce Commission has decided to bring proceedings against Vodafone under the Fair Trading Act regarding an historical billing issue.  more»
  • Fletcher Building's FY operating earnings within guidance

    11:49 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - Fletcher Building reported a full year loss, reflecting losses at its Building + Interiors unit, but said that its operating earnings excluding those losses were within guidance. more»
  • Valocity attracts investment from the Huljich family

    11:46 | 22/8/18
    Scoop
    Valocity, the leading cloud-based mortgage lending and valuation platform, is pleased to announce growth capital secured from the NZ-based Huljich family, who have acquired a 25.7% stake in the company. The capital raised from Valocity’s now cornerstone ... more»
  • NZ Q2 Retail Sales Release

    11:42 | 22/8/18
    Scoop
    NZ Retail Sales for Q2 numbers have just been released. They came in stronger than expected. Adjusted Retail Sales on Qtr 1.1%(Consensus +0.4%) Actual retail sales rose 3.1% versus the results from 12 months ago. Q1 Retail Sales were revised higher ... more»
  • Lessons of the NZ Nurses Organisation’s sellout

    11:39 | 22/8/18
    Scoop
    The Socialist Equality Group (New Zealand) invites health workers to take part in an online forum on Saturday September 1 at 4:30 p.m. to discuss the critical political lessons of the sellout pay agreement imposed by the New Zealand Nurses’ Organisation ... more»
  • Army Museum Director Leaves Legacy of Success

    11:37 | 22/8/18
    Scoop
    Tracy Puklowski, director of the National Army Museum Te Mata Toa in Waiouru, has resigned to take up the new position of Director Creative Arts and Cultural Services for the City of Launceston in Tasmania. more»
  • Comvita hones focus on biggest growth drivers

    11:36 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - Comvita, New Zealand’s largest producer and marketer of honey and bee-related products, is reducing its risk and positioning itself for future growth by honing in on where it can get the most bang for its buck. more»
  • NZ dollar gains as China rejects currency manipulation claim

    11:29 | 22/8/18
    Scoop
    Aug. 22 (BusinessDesk) - The New Zealand dollar gained as Chinese authorities rejected assertions from US President Donald Trump that the world's most populous nation was manipulating its currency.  more»
Global Indices
CodeLastChange
COMP7,859380.49%
DJI25,822640.25%
SP5002,86360.21%
DAX13,4662361.78%
FTSE7,48850.07%
NI22522,4204081.86%
TWI70.690.290.41%
Currencies
CodeLastChange
EURUSD1.1580.0010.04%
NZDUSD0.67090.00630.95%
AUDUSD0.73580.00240.33%
NZDAUD0.91160.00590.65%