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Shares stories - Page 7

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Meridian Energy abandons QLD hyrdo plans on 'puzzling' Australian stance
Fri, 12th Dec 2014
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cleantech
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nzx
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meridian energy
Meridian Energy, the partially privatised electricity generator and retailer, has abandoned plans for a Queensland hydro power project, blaming the.
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MetroGlass to join NZX 50, OceanaGold out
Thu, 11th Dec 2014
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shares
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stock market
Metro Performance Glass, which has more than half the country's glass processing market, will join the stock market's benchmark index later this mo.
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Hallenstein Glasson sales up on last year, margins improve, chairman Bell says
Wed, 10th Dec 2014
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data analytics
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planning
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bi
Hallenstein Glasson, the clothing chain, said sales are tracking above last year after four months of trading and margins have improved, though the.
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NZX to launch two Aust ETFs; Craigs appointed market maker
Tue, 9th Dec 2014
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physical security
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nzx
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shares
NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, will launch two new exchange traded funds giving investor.
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Rangatira holds first-half dividend at 20 cts
Mon, 8th Dec 2014
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fintech
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financial systems
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xero
Rangatira, the Wellington-based investment group, kept its first-half dividend unchanged at 20 cents a share after posting a drop in first-half pro.
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UPDATE: NZX to spend up to $35 mln for fund manager SuperLife
Mon, 8th Dec 2014
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shares
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low cost
NZX, the stock market operator, will spend up to $35 million buying fund manager and KiwiSaver provider SuperLife as part of a plan to capture the.
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Fletcher appoints Spaniard Irazusta to lead light building products unit
Fri, 5th Dec 2014
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sealord
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shares
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fletcher building
Fletcher Building, the country's biggest listed company, has appointed a former senior executive at CRH, a Dublin-based building materials group,,t.
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DNZ sells two Wellington properties for $5.3 mln to help fund Westgate Mall
Thu, 4th Dec 2014
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nzx
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shares
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industrial
DNZ Property Fund sells two Wellington sites for USD $5.3 million to fund its USD $155 million Westgate Mall project in Auckland.
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Michael Hill knuckles down on North American market, CEO Parsell says
Thu, 4th Dec 2014
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shares
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strategy
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sales
Michael Hill International, the jewellery retailer named for its founder, is bedding in a strategy to gain traction in North America, which it even.
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Intueri agrees to acquire Academy Group, adding pharmacy, floristry, building courses
Thu, 4th Dec 2014
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shares
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intueri education group
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students
Intueri Education Group, New Zealand's largest private training company, has agreed to buy Academy Group NZ for an initial payment of $4 million a.
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Tourism Holdings lifts annual profit forecast, shares rise
Wed, 26th Nov 2014
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shares
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sales
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m&a
Tourism Holdings, the biggest campervan rental company in Australia and New Zealand, said annual profit may rise as much as 44 percent on increased.
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MRP rejects carbon farmer's carbon unit top-up claim, court hears
Wed, 26th Nov 2014
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shares
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carbon credits
MightyRiverPower has claimed in the High Court it shouldn't have to pay for carbon units issued for years prior to the start of its contract with N.
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Pumpkin Patch stock sinks to record low on concern ailing retailer may seek more capital
Wed, 26th Nov 2014
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capital
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shares
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nz dollar
Pumpkin Patch shares fell to a record low on concern the unprofitable children's clothing chain may seek new capital to bolster its balance sheet a.
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Dorchester more than doubles 1H earnings, raises annual profit guidance
Wed, 26th Nov 2014
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shares
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revenue
Dorchester Pacific, the finance and insurance firm buying Turners Group, more than doubled first-half earnings with the contribution from recent ac.
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Vector cleared to buy Meridian's Arc metering business
Wed, 26th Nov 2014
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uc
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cx
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martech
Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business.
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MARKET CLOSE: NZ shares fall; Spark falls; Meridian, MRP heavily traded on MSCI changes
Tue, 25th Nov 2014
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supply chain & logistics
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fleet management
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healthtech
New Zealand shares fell, paced by Spark New Zealand and Fisher & Paykel Healthcare as investor looked to crystalise recent gains.
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CORRECT: Methven lifts 1H profit 3.4% on cost-cuts, lower tax bill
Tue, 25th Nov 2014
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shares
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sales
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guidance
NZ's Methven sees 3.4% profit rise in H1, beating sales dip with cost cuts and tax savings. Eyes top-end annual earnings forecast.
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Abano forecasts 40% jump in first-half profit as sales grow
Tue, 25th Nov 2014
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healthtech
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shares
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strategy
Abano Healthcare, the listed healthcare investor, said first-half profit may rise 40 percent even in the face of a weak Australian dollar and tepid.
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Acurity takeover bid extended as ComCom decision pushed out
Tue, 25th Nov 2014
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healthtech
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shares
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revenue
Connor Healthcare's takeover bid for private hospital operator Acurity Health Group has been pushed out to Dec.
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Chorus expects lower UFB build costs this year after signing new contracts
Tue, 25th Nov 2014
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uc
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chorus
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commerce commission
Chorus, the regulated telecommunications network operator, expects cheaper costs for the roll-out of its ultrafast broadband network in the current.