Shares stories - Page 4

NZ shares dropped today, with Meridian Energy leading the fall as investors booked profits ahead of an upcoming payment. Spark and Fletcher also declined.

Seeka Kiwifruit Industries, the country's biggest kiwifruit grower, doesn't expect earnings to be materially affected by a fire that destroyed a shed.

Goodman Property Trust, New Zealand's largest listed property investor by market value, will spend $28 million on two new industrial plants and an off.

Pyne Gould Corp, whose 2014 accounts are being looked into by the market regulator, reported a first-half loss as it was hit with foreign exchange adj.

Bathurst Resources, which last year wrote off the value of assets covered by its Buller coal project, posted a first-half loss as it continues to wait.

Countdown, the New Zealand supermarket chain owned by Australian retailer Woolworths, increased first-half earnings.

Marsden Maritime reports a solid 5.7% profit rise in H1, with full-year gains set to echo last year's figures amid steady cargo flow.

Allied Farmers, which is rebuilding after taking over the failed Hanover and United Finance loan books, turned to a profit in the first-half.

Fliway Group, the transport and logistics group, will seek up to $50 million in New Zealand's first initial public offering of the year, with a sale e.

Veritas Investments, the food and beverage investor, reported a 16 percent decline in first-half profit as acquisition costs mounted during a buying s.

Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.

Turners and Growers reports a 1.9% decline in full-year profit to NZD $16.6 million, attributing losses to processed foods and New Zealand trading pressures.

Xero's share price soars to a new high with a $147m boost from US investors, signalling strong future growth and new leadership in North America.

Airwork Holdings, the aviation service firm, lifted first-half profit 19 percent, beating its prospectus guidance, and has raised its annual earnings.

SLI Systems, the online retail search engine developer, widened its first-half loss by 75 percent as it chases growth in the US eCommerce market.

Electricity generator and retailer Mighty River Power declared a massive drop in earnings for the six months to Dec.

New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.

Colonial Motor Co nets a modest profit rise to £12.9m, grappling with fierce competition offsetting surging new car sales.

InvoCare, Australia's largest undertaker, said its New Zealand unit earnings jumped up 24 percent after it bought two Christchurch crematoriums.

Coca-Cola Amatil, which bottles Coca-Cola, Lift, Fanta and other drinks brands, said earnings in New Zealand were flat as sales of fizzy drinks in.