Latest from Markets

Stock Takes: Property wars

Trade Me's stoush with real estate agents over its fee increases for property listings has driven a down-grade from one analyst.

Turners Auctions shares at eight-year high as profit rises

Turners Auctions, which transacts about 10 per cent of the New Zealand used vehicle market, beat its annual profit forecast after widening its scope beyond auction sales.

Mobil wins waterfront clean up case

Xero taps ex-Microsoft CFO Liddell as chairman

Cloud-based accounting software developer Xero, has appointed former Microsoft chief financial officer Chris Liddell as its new chairman.

SkyCity profits drop 10.7pc

Moa strikes Irish gold in beer contest

Opus annual profit slips on rising tax

Opus, the engineering firm with one of four mandates to lead design the Christchurch rebuild, reported a 2.6 per cent decline in annual profit.

Local telco to accept Bitcoins

A small telco is accepting payment by Bitcoin and says it is first company in the industry from New Zealand to accept the digital currency.

Stock Takes: Not purple patch

NZX listing on cards for Wherescape

Cashed up with more than $10 million in fresh capital, Auckland software firm Wherescape is in expansion mode and considering listing on the NZX.

Kiwi company snares Euribor job

Euribor-EBF has chosen New Zealand's Global Rate Set Systems to collect, process and distribute its financial benchmarks from May.

Kiwi tech in comet catch

Milford snaps up 5 percent of Mercer

Milford Asset Management has spent $2.3 million buying into Mercer Group, building a 5.2 per cent stake in the stainless steel producer.

Sales up but prices down for Meridian Energy

Meridian Energy sold more electricity in the first six months of the current financial year than in the previous year, but prices achieved were significantly lower.

Michael Hill flags increased earnings

Michael Hill International expects first-half earnings to rise after reporting a 10 per cent lift in sales over the period.

Labour moots tough oil, gas law

Labour is looking at the Norwegian model for regulating the oil and gas industry, including stronger environmental safeguards and steeper taxes.

F & P Health shares near seven-year high

Shares in Fisher & Paykel Healthcare are near a seven-year high as it continued an 18-month trend of "winning back favour" with investors, according to an analyst.

OceanaGold gains on news of Q4 uplift

Shares of Melbourne based mining group OceanaGold has risen 9.7 per cent in early NZX trading after announcing its gold production exceeded expectations in 2013.