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Stock Market Stories - Page 11

Kiwi Stories

Stock Market stories

Arvida boosts retirement village portfolio
NZX

Arvida boosts retirement village portfolio

The deal will add 110 consented units and lift Arvida’s village count to 29, with future developments expected to boost earnings further.

By Staff Writer • 3 min read • Thu, 14th Sep 2017
Fuel market study raises pricing concerns
Power / Energy

Fuel market study raises pricing concerns

Consumers in New Zealand may be paying too much for petrol after a study found retail fuel margins have risen significantly in five years.

By Staff Writer • 3 min read • Tue, 4th Jul 2017
Property is New Zealand’s most significant industry
Stock Market

Property is New Zealand’s most significant industry

The sector's direct GDP contribution of NZD $29.8 billion outstrips manufacturing, agriculture and health, a new report says.

By Staff Writer • 2 min read • Wed, 10th May 2017
GeoOp to raise $2.4M in private placement to fund Australian growth, SPP to follow
Capital

GeoOp to raise $2.4M in private placement to fund Australian growth, SPP to follow

GeoOp to raise $2.4m to fund expansion in Australia through private placement to foreign investors, senior management and the board.

By Pattrick Smellie • 2 min read • Tue, 25th Aug 2015
FMA found nothing untoward in SkyCity share trading before casino statement
NZX

FMA found nothing untoward in SkyCity share trading before casino statement

The Financial Markets Authority says it found nothing of concern in trading of SkyCity Entertainment Group shares ahead of a government announcement t.

By Pattrick Smellie • 2 min read • Thu, 9th Apr 2015
NZX share trading rises for second month in March
NZX

NZX share trading rises for second month in March

The volume and value of cash trading on New Zealand's stock market rose for the second consecutive month in March as the NZX 50 Index rose to record l.

By Pattrick Smellie • 2 min read • Tue, 7th Apr 2015
Diligent names Brian Stafford as new CEO; Sodi to focus on product design and development
Unified Communications

Diligent names Brian Stafford as new CEO; Sodi to focus on product design and development

Diligent Board Member Services, the governance software developer, named former McKinsey partner Brian Stafford as its president and chief executive,.

By Pattrick Smellie • 1 min read • Wed, 1st Apr 2015
MARKET CLOSE: NZ shares rise, led by A2 on ASX debut
Power / Energy

MARKET CLOSE: NZ shares rise, led by A2 on ASX debut

NZ shares climbed as A2 Milk's promising ASX debut saw a 12% rise. Yet, Warehouse Group, Genesis Energy, and Metlifecare dipped amid ex-dividend status.

By Pattrick Smellie • 3 min read • Tue, 31st Mar 2015
NZOG says acceptances in Cue takeover lift holding to 27%, close to target
Power / Energy

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

Global Stories

Stock Market stories

Samsung posts healthy Q4 profit and 50:1 stock split
Digital Signage

Samsung posts healthy Q4 profit and 50:1 stock split

Samsung shares skyrocket on news of a strong Q4 profit and a 50:1 stock split aimed at attracting more investors, boosting accessibility.

By Patrick Martlew • 2 min read • Thu, 1st Feb 2018
Global warning as spam attacks target stock market manipulation
Spam

Global warning as spam attacks target stock market manipulation

Sophisticated spam blitz threatens markets as Retarus flags a botnet's discreet bid to skew a Latvian stock's value.

By Sara Barker • 2 min read • Thu, 4th May 2017
Okta celebrates going public on the Nasdaq Stock Market
Identity and Access Management

Okta celebrates going public on the Nasdaq Stock Market

The enterprise software company is quickly becoming a household name in APAC with great inroads in Australia and New Zealand.

By Ashton Young • 2 min read • Mon, 10th Apr 2017
Rakon back to profit
Rakon

Rakon back to profit

Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.

By Pattrick Smellie • 2 min read • Thu, 21st May 2015
While you were sleeping: JPMorgan Chase delivers
Power / Energy

While you were sleeping: JPMorgan Chase delivers

Wall Street advanced, pushing the Dow and the S&P 500 higher, after JPMorgan Chase reported better-than-expected earnings and energy stocks rose with.

By Pattrick Smellie • 3 min read • Wed, 15th Apr 2015
While you were sleeping: US durable goods orders drop
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
Shares

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
While you were sleeping: Weak data quell rate rise fear
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
While you were sleeping: Pressure eases on Fed
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