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Wall St up as US growth surprises

F&P Healthcare boss steps down

The departure of Fisher & Paykel Healthcare chief executive Mike Daniell might unsettle some investors but is unlikely to derail the company, say market players.

Stock Takes: Core business produces 61pc lift for Scales

Apple exporter Scales Corp boosted first-half profit 61 per cent as its Mr Apple unit beat expectations.

F&P Healthcare's Daniell retires, upgrades guidance

F&P Healthcare's boss Mike Daniell says he'll retire this year, as the company announces an upgrade to its earnings guidance.

Wall St rallies as buyers find bargains

Wall St rose overnight, rebounding from one of its worst slumps ever, as investors found value in beaten-down equities.

Trade deficit smaller than expected in July

The country's trade deficit was smaller than expected in July as exports of fruit and meat drove overseas sales higher.

NZX ignores Wall Street's weak finish

In the first minutes of trade, the S&P/NZX50 was up 28 points, led by post-result gains from Air NZ and Metlifecare.

Shockwaves after Black Monday

New Zealand experts surveying the fallout from China's "Black Monday" stock market tumble will look to see if it reflects bigger problems in that country's economy, which is a big buyer of our exports and a source of tourists.

China stocks tumble again

The New Zealand sharemarket staged a comeback yesterday after being 2.5 per cent down at one point but China's sharemarket rout continues.

Glenbrook viability to be assessed

Australian steel products group Bluescope is to review its steelmaking operations in Australia and New Zealand, saying it needs "game-changing" savings in operating costs.

Dairy most volatile of commodities

The international dairy trade has become the most volatile of all commodities markets.

William Pesek: SoftBank boss gives Japanese economy a jolt

Foreigners don't have all the answers, but they are responsible for Japan's biggest corporate governance successes this year, writes William Pesek.

Chorus stock falls as profit drops 39%

Chorus shares fell after the telecommunications network operator reported a 39 per cent decline in annual profit.

Shares slump after China meltdown

New Zealand share market slumps 2 per cent and almost $60 billion has been wiped from Australia's share market as concerns about China's economy shake investors.

Can Apple survive Dr Dre's abusive past?

Apple has released a statement supporting rap mogul Dr. Dre following reports that he physically abused women.

Christopher Niesche: Plague of short-term thinking

Christopher Niesche writes: The jobs and education portal is a mature business in Australia so it has to look for growth overseas, particularly in Asia.

Apple raises $2.45b in Aussie bond deal

Until November Apple had sold only US currency bonds but has since expanded its debt issuance to euros, yen, pounds and Swiss francs as well as Aussie dollars.

Finance co. directors enter guilty pleas

The directors of OPI Pacific Finance, which collapsed owing $247m, have pleaded guilty to making untrue statements.