
Fletcher Building leads sharemarket down
The S&P/NZX 50 Index dropped 45.35 points, or 0.6 per cent, to 8,130.86.
The S&P/NZX 50 Index dropped 45.35 points, or 0.6 per cent, to 8,130.86.
Dow climbed to a record 24,534.04 while the S&P 500 touched a record 2,665.19.
The S&P/NZX 50 Index slipped 3.96 points, or 0.05 per cent, to 8,184.87.
The Auckland-based company reported a net loss of $3.6 million.
Xero founder Rod Drury is set to gain $94.5 million from selling shares in the company.
Xero CEO Rod Drury says de-listing from the NZX for a sole listing on the ASX is logical.
The S&P/NZX 50 Index dropped 92.53 points, or 1.1 per cent, to 8,053.81.
The move comes in response to customer demand.
Builder tumbles 2.4% but good gains in lands of milk and honey.
Fidelity jettisons two senior executives amid sexual harassment complaints.
New Zealand shares gained, led by Meridian Energy and Port of Tauranga.
New Zealand shares fell slightly with Metro Performance Glass hitting a record low.
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New Zealand shares dropped, led lower by A2 Milk and Heartland Bank.
Stock price falls include Contact Energy and Auckland International Airport.
New Zealand shares rose, with Fisher & Paykel Healthcare edging up to a record.
A proposed transaction has stirred debate about foreign takeovers of US corporations.
New Zealand shares were mixed, with A2 Milk and Fisher & Paykel Healthcare gaining.
Liquidators were appointed after ACG Education bought its assets.
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Australian bosses pocketed over four times the amount their Kiwi counterparts did.
NZX says it's on track for a lift in annual net profit after a strong first half.
Operating expenses fell as it streamlined operations as it seeks to focus its business.
Rakon shares jumped 20 percent after the company said it anticipates a return to profit.