Stock Takes

 

Stock Takes

Sharemarket

Wool price hits 3-year high

Photo / APN

New Zealand lamb wool prices rose to a three-year high last week on increased demand for the fibre from clothing manufacturers…

NZ dollar drops to 3-year low

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening…

Watchdog's probe clears Fletcher

The Commerce Commission says it found no evidence that Fletcher Building's Winstone Wallboards unit engaged in anti-competitive…

Carpark hole plumbs new depths

Andrew Rolfe, Fletcher Construction project manager, said a 16m hole on the corner of Halsey St and Gaunt St in the Wynyard…