Latest from Markets

Stock takes: Meridian D-Day and Fed timing

The price retail investors can expect to pay for Meridian Energy shares will be revealed today when its prospectus is officially lodged with the Financial Markets Authority.

Bernanke boosts markets

The New Zealand sharemarket rallied by more than 1 per cent yesterday after US Federal Reserve chairman Ben Bernanke said he would maintain the country's stimulus programme.

NZX to publish Meridian research reports

Meridian listing due next month

The Government's decision to move earlier than signalled on the Meridian Energy float shows there is positive interest in the float but pricing will remain key

Stock Takes: Fletcher Building, ASX up - Trilogy woes

Big NZX property floats tipped

Investment specialists said yesterday the deals could involve business people with a long and stable track record in development activity with strong entrepreneurial drive.

Kiwi dollar stays on traders' hot list

The New Zealand dollar remains the 10th most traded currency on the world's foreign exchange markets, according to a triennial survey by the Bank for International Settlements.

Rakon expects $54m loss next year

Diligent censured, fined for NZX rules breaches

NZOG sees need to find new fields

New Zealand Oil & Gas says it should have been developing new oil fields by now as reserves at its producing assets dwindle.

Govt opens forest to prospectors

The Government has opened up much of the volcanic plateau for gold and silver prospecting, including one of the largest tracts of native forest left in the North Island.

Mighty River shares slump to new low

Shares in Mighty River Power traded at $2.18 this morning, their lowest point since listing on May 10.

We did right thing by Pike River - NZOG

NZ Oil & Gas says it's satisfied it "did the right thing" following the disaster at its subsidiary Pike River Coal, as it posts an after-tax profit of $16.7m.

Merger helps Metlifecare post $120.3m profit

Stock Takes: The big deal, Meridian, Z and Moa

The Government's announcement of an early November listing for Meridian Energy confirmed market expectations although the timing was a little bit interesting.

Port of Tauranga down despite record

Venture capital tech fund launches with $50m offer

Punakaiki Fund, set up by Lance Wiggs, is seeking to raise up to $50m to invest in early stage NZ technology, internet and design companies.

Editorial: Meridian float made much more enticing

Editorial: The Govt has recognised that it needs to make Meridian a much more enticing proposition if it is to attract a far better take-up from mum and dad investors.