Latest from Mighty River Power

Mighty River dividend lift on track + video

Mighty River shares up as profit rises

Mighty River shares are up nearly 2 per cent this morning after a good profit announcement.

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.

Green Party criticises Mighty River Power sale

The Green Party has criticised the $65 million cost of selling shares in Mighty River Power to the public.

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.

Asset sales: Where the money is going

Funding generated by the Government's asset sales programme now extends to the $40 million bill for the Mighty River share loyalty bonus scheme.

Drop in power output and sales hits Mighty River

Stock Takes: Tenon sparks up

A weaker New Zealand dollar and signs of life in the US housing market have combined to drive the share price of timber products group Tenon higher.

Australian funds biggest sellers of Mighty River shares

Overseas investors sell up

A sell-off by international investors is likely to be behind the weakness in Mighty River Power's share price, say analysts.

Peter Lyons: Misguided logic behind asset sales pitch

I see little point in the Govt selling shares generating dividend yields of 6 to 7 per cent to avoid borrowing to fund its deficits at around 3 to 4 per cent, writes Peter Lyons.

Stock Takes: Research shortfall

Ebos Group's $1.1 billion acquisition of Australian firm Symbion this week again highlighted an ongoing issue with getting independent research on NZX-listed companies.

MRP directors buy up slipping shares

Mighty River Power directors have taken advantage of the slide in the state-controlled power company's price, buying up shares before trading restrictions kick in.

Meridian may be floated in chunks

The Meridian Energy partial privatisation is so large it may have to be split in two, Prime Minister John Key says.

Companies are 'mum & dad' investors

The 113,000 so called "mum and dad" investors who bought Mighty River shares included companies, trusts and investment institutions, Treasury has confirmed.

MRP shares went to just a few - Greens

The Green Party says that shares sold in the recent float of Mighty River Power went to only a small group of investors - and claims of widespread 'mum and dad' ownership are false.

John Armstrong: Tepid float frustrating for National's plans

Unless National offers a better loyalty scheme there will be little incentive to apply for shares in Meridian and Genesis, writes John Armstrong.

Meridian tougher to sell

The Government will have to bump up the sweeteners to get enough mum and dad investors to buy into Meridian Energy, an analyst says.