CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Investors stories - Page 5

Stock

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

Tue, 31st Mar 2015
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power / energy
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healthtech
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shares
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.
Settlement

Update: Hotchin settles with Perpetual before appeal to draw into FMA case

Thu, 26th Mar 2015
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fintech
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allied farmers
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has reached a confidential settlement with one of Hanover's trustees, Perpetual Trust, leav.
Court room

Hotchin drops Perpetual in appeal case

Thu, 26th Mar 2015
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fintech
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allied farmers
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has abandoned his appeal against Perpetual Trust to include them in the Financial Markets A.
Thinkstockphotos 468108075

NZ dollar hits new record against Aussie, stoking parity speculation

Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.
Housing

NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices

Thu, 12th Mar 2015
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housing
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rbnz
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demand
New Zealand residential property prices rose in February, led by Auckland where an under-supply of housing is putting pressure on the market.
Nzx share

MARKET CLOSE: NZ shares fall, led by MetroGlass, A2, NZOG

Wed, 11th Mar 2015
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power / energy
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nzx
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air new zealand
New Zealand shares fell, led by Metro Performance Glass and paced by New Zealand Oil and Gas as investors digested earnings season.
Money

NZ dollar hits new record vs. euro ahead of ECB quantitative easing

Thu, 5th Mar 2015
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new zealand dollar
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kiwi
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anz bank
The New Zealand dollar rose to a record against the euro ahead of a European Central Bank meeting tonight where it's expected to detail plans for its.
Nzx share 1

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

Wed, 4th Mar 2015
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nzx
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stock market
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kiwisaver
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.
Bldgwellington drive 13 william pickering 001

Wellington Drive widens annual loss, NZX's SuperLife underwrites $3m share issue

Mon, 2nd Mar 2015
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supply chain
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nzx
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sales
Wellington Drive Technologies, the unprofitable manufacturer of energy efficient motors, widened its annual loss as sales dropped 35 percent.
Cows

UPDATE: Fonterra Shareholders' Council relieved at dairy forecast being maintained

Thu, 26th Feb 2015
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westpac
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fonterra
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strategy
Farmers will be relieved at today's decision by Fonterra Cooperative Group, the world's largest dairy exporter, to maintain its forecast payout to fa.
Sli systems new logo design e commerce retail 2

SLI first-half loss widens by 75%, says cash burn easing

Tue, 24th Feb 2015
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sli systems
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shares
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patents
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.
Fallback

NZ dollar edges higher after dairy auction as investors mull global concerns

Wed, 18th Feb 2015
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fonterra
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new zealand dollar
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nz dollar
The New Zealand dollar failed to jump significantly higher following a positive GlobalDairyTrade auction overnight as investors focused on global c.
Fallback

Dairy product prices rise with cheddar, whole milk powder

Wed, 18th Feb 2015
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fonterra
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new zealand dollar
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globaldairytrade
Dairy product prices advanced in the latest GlobalDairyTrade auction, propelled by gains in cheddar and whole milk powder.
Fallback

MARKET CLOSE: NZ shares fall; Contact drops 9% on offshore plans; Genesis declines

Mon, 16th Feb 2015
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power / energy
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fleet management
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nzx
NZ shares dip as Contact Energy's revealed offshore ambitions and a stagnant dividend weigh on the market. Genesis and Meridian also slide.
Fallback

US FAA approved drone company Aeronavics to crowd fund up to $1.5 million

Fri, 13th Feb 2015
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snowball effect
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sales
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aeronavics
Aeronavics, a Waikato-based drone company with one of only two US Federal Aviation Authority permissions to be used for filming, is looking to rais.
Fallback

SkyCity's big spending plans may not deliver enough to earnings, investors say

Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
Fallback

NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields

Wed, 11th Feb 2015
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.
Fallback

MARKET CLOSE: NZ shares close at new record as earnings season looms; Heartland gains

Thu, 5th Feb 2015
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healthtech
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nzx
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air new zealand
New Zealand shares rose for a fourth day, closing at a new record, as a lack of profit warnings ahead of the earnings season reinforced confidence.
Fallback

NZX January trading volume drops, value edges up

Wed, 4th Feb 2015
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capital
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nzx
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shares
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.
Fallback

Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand

Tue, 3rd Feb 2015
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rbnz
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australian dollar
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inflation
The Reserve Bank of Australia cut its cash rate to a record low, saying weak domestic demand and tame inflation in the face of falling crude oil pr.