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Kiwi Stories

NZ dollar jumps against euro after ECB eyes government bond buying
Kiwi

NZ dollar jumps against euro after ECB eyes government bond buying

The New Zealand dollar jumped to a two-month high against the euro after European Central Bank president Mario Draghi said the bank may buy governm.

By Pattrick Smellie • 2 min read • Tue, 18th Nov 2014
MARKET CLOSE: NZ shares extend gains as NZOG signals capital return
Health Technologies

MARKET CLOSE: NZ shares extend gains as NZOG signals capital return

New Zealand shares rose, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return.

By Pattrick Smellie • 3 min read • Tue, 4th Nov 2014
RIS shares face suspension over late annual report
Shares

RIS shares face suspension over late annual report

RIS Group, the NZAX-listed shell company, has until the end of the week to file its annual report with NZX or its shares will be suspended from tra.

By Pattrick Smellie • 1 min read • Mon, 3rd Nov 2014
Strong Serko IPO demand sees early public pool closure
Serko

Strong Serko IPO demand sees early public pool closure

Serko closes public pool of its retail share offer early due to high demand, will allocate shares to institutions and public.

By Staff Writer • 1 min read • Tue, 10th Jun 2014
Struggling Rakon dangles dividends for 'long-suffering' shareholders
Rakon

Struggling Rakon dangles dividends for 'long-suffering' shareholders

Rakon pledges to pay up to 50% of net profit in dividends amidst a 37% share price slump this year, aiming to restore investor faith.

By Pattrick Smellie • 2 min read • Mon, 9th Sep 2013
Antitrust regulator backs away from probe into Chorus copper service, mulls pricing regime
Chorus

Antitrust regulator backs away from probe into Chorus copper service, mulls pricing regime

The Commerce Commission has halted its investigation into Chorus's copper service pricing, now pondering a suitable pricing regime for the ageing tech.

By Pattrick Smellie • 2 min read • Fri, 17th Aug 2012
Telecom, Chorus shares up
Chorus

Telecom, Chorus shares up

Telecom and Chorus shares rose on their NZX debut as separate entities, with Chorus up 11.26% to NZD $3.27 and Telecom rising 4.28% to NZD $2.02.

By Staff Writer • 1 min read • Wed, 23rd Nov 2011

Global Stories

GPG gets warning notice over Coats pension scheme
Shares

GPG gets warning notice over Coats pension scheme

Guinness Peat Group has received a warning notice over its Coats Pension Plan from the UK Pensions Regulator over the level of support for the supe.

By Pattrick Smellie • 2 min read • Mon, 22nd Dec 2014
Major step as Dick Smith lists on ASX
Dick Smith

Major step as Dick Smith lists on ASX

Iconic consumer electronics business has officially been admitted to the list of the Australian Securities Exchange.

By Staff Writer • 2 min read • Thu, 5th Dec 2013
Mobile business props up dwindling Telecom sales
Unified Communications

Mobile business props up dwindling Telecom sales

Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.

By Pattrick Smellie • 4 min read • Fri, 22nd Feb 2013