Stock Market Stories - Page 8

Kiwi Stories

Stock Market stories

NZOG says acceptances in Cue takeover lift holding to 27%, close to target

New Zealand Oil and Gas said acceptances under its hostile takeover offer for ASX-listed Cue Energy Resources lift its interest in the target company.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015

Health Technologies

NZ listed company earnings underwhelm analysts in market priced for stronger growth

New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.

By Pattrick Smellie • 3 min read • Tue, 10th Mar 2015

Power / Energy

MARKET CLOSE: NZX 50 rises to record led by Genesis on yield hunt

New Zealand shares rose led by Genesis Energy and paced by Spark New Zealand, as the international hunt for income paying investment returned.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015

NZX

NZX share trading climbs in February, equity market tops $100bln

The volume and value of cash trading on New Zealand's share market rose in February, snapping a decline a month earlier, and helped push the value of.

By Pattrick Smellie • 3 min read • Wed, 4th Mar 2015

Marketing Technologies

While you were sleeping: Fresh S&P 500 record

The Standard & Poor's 500 Index touched a record high, rising above 2,100 for the first time, even as Wall Street's gains were muted by concern abo.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015

Quantum Computing

Millennium & Copthorne lifts annual profit 11%, on the back of CDL gains

Millennium & Copthorne Hotels New Zealand, one of New Zealand's largest hotel operators, has lifted annual profit 11 percent and its dividend after.

By Pattrick Smellie • 2 min read • Tue, 10th Feb 2015

Capital

NZX January trading volume drops, value edges up

The volume of cash trading on New Zealand's share market dropped in January from a year earlier, in what's typically a quiet month, though the valu.

By Pattrick Smellie • 2 min read • Wed, 4th Feb 2015

Fintech

MARKET CLOSE: NZ shares resume rally led by MRP; Kathmandu tumbles

New Zealand shares rose, heading back toward a record high after a two-day slide, as investors regained their appetite for companies offering relat.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015

PwC

FMA looking into Pyne Gould's accounts after company says most of 2014 profit wasn't received

Pyne Gould Corp's 2014 accounts are being looked into by the Financial Markets Authority after the asset management firm controlled by managing dir.

By Pattrick Smellie • 4 min read • Mon, 2nd Feb 2015

Unified Communications

MARKET CLOSE: NZ shares fall, rounding out 18% annual gain led by Chorus

New Zealand shares fell on the last day of 2014, rounding out an 18 percent annual gain that was led by telecommunications network operator Chorus,.

By Pattrick Smellie • 4 min read • Wed, 31st Dec 2014

Stock Market

MRP to quit Chilean, German geothermal investments, sticks with US plant

MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will quit its geothermal investments in Chile.

By Pattrick Smellie • 2 min read • Tue, 16th Dec 2014

Customers

MARKET CLOSE: NZ stocks fall, led by Kathmandu as kiwi climbs; NZOG drops

New Zealand shares fell, led by Kathmandu, on concern a stronger kiwi dollar reduces the value of the retailer's offshore sales.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014

Global Stories

Stock Market stories

Wall Street

While you were sleeping: US durable goods orders drop

Stocks on Wall Street and in Europe slid after an unexpected drop in US durable goods orders bolstered concern about the strong greenback and its impa.

By Pattrick Smellie • 3 min read • Thu, 26th Mar 2015

Auckland Airport international passenger numbers rise 5.4% in February, on jump in Chinese

Auckland International Airport said international passenger numbers through New Zealand's busiest gateway rose 5.

By Pattrick Smellie • 2 min read • Mon, 23rd Mar 2015

Wall Street

While you were sleeping: Weak data quell rate rise fear

Wall Street advanced as weaker-than-expected data on US manufacturing and the housing industry bolstered hopes the Federal Reserve might affirm that i.

By Pattrick Smellie • 3 min read • Tue, 17th Mar 2015

Supply Chain

While you were sleeping: Pressure eases on Fed

Wall Street gained after a surprise drop in US retail sales bolstered hope that Federal Reserve policy makers might not be in a rush to raise interest.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015