Latest from Shares

ASX firm to raise $234m for NZX education IPO

No deal, say Abano rebel shareholders to buyout bid

The brinksmanship between Abano Healthcare and two shareholders owning 19 per cent of the company continues.

Henri Eliot: Are NZ boards spending enough time on strategy?

A 2013 McKinsey survey asking board members where they would most like to spend additional time found two out of three picked strategy.

Tech IPOs face skittishness as market momentum slips

Goodbye, momentum. Technology companies had a relatively easy time marketing initial public offerings while stock markets were steadily rising.

Jilted Abano suitors turn guns on chairman

A rebel shareholder group has launched a campaign to unseat Abano Healthcare chairman, Trevor Janes, in a coordinated attack that also questions decisions by NZX Regulation and a valuation by investment house Grant Samuel.

Carl's Jnr drives growth at Restaurant Brands

Restaurant Brands posted a 23% rise in profit after it boosted sales even as increased rivalry forced it to cut prices.

Michael Hill boosts sales on Canadian growth

Jewellery chain Michael Hill International reported a 10.5 percent gain in sales for the first nine months of the year, led by growth in Canada and Australia.

Felix Salmon: The narrative fallacy of 'Flash Boys'

Felix Salmon takes a hard look at Michael Lewis’ latest book 'Flash Boys'.

Henri Eliot: Why are NZ shareholders so passive?

Low-ball share bids take $290,000 toll

Kiwis who accepted low-ball share offers sold their investments at $290,000 below market value in the year to February, despite rules aiming to limit the practice.

Dotcom firm heads for listing

The technology company started by Kim Dotcom is heading for the New Zealand sharemarket with a valuation of $210 million.

Mega share partner facing charges

One of the main shareholders of the company Mega plans to use to achieve a $210m listing on the NZ stock exchange is facing market manipulation charges in Australia.

What is a back door listing?

Mega, the online storage company set up by Kim Dotcom is to list on the NZX. Herald stock market specialist Tamsyn Parker offers some insights on stock exchange back-door listings.

Augusta Capital buys KCL Property

A listed property business with $350 million of real estate is growing into a business managing $1.2 billion of property through a deal

Feltex float 'squeezed juice from the lemon' - lawsuit

Feltex Carpets' former director Peter Thomas likened the firm's 2004 float to a lemon from which most of the juice had been squeezed out, according to an email.

Dita De Boni: Kiwi rubbish reeks of success

Many large players pitched for the Kiwi waste business, but Beijing Capital rolled in with a $950 million cheque, and the deal was done, writes Dita De Boni.