Latest from New Zealand Stock Exchange

Lower fuel cost a global tax break: Luxon
Air New Zealand chief executive Christopher Luxon expects low oil prices to stimulate demand for travel but for their beneficial effect on the airline's fuel bill to be muted by the fall in the New Zealand dollar.

NZX to spend $35m for fund manager SuperLife
NZX, will spend up to $35 million buying fund manager and KiwiSaver provider SuperLife.

Herald Business Leader of the Year
Today we count down to the announcement of the Herald Business Leader of the Year. Here are the first of this year’s nominees. The winner will be named on Saturday.

Childcare group makes solid market debut
Evolve Education Group made a solid sharemarket debut yesterday, with its shares closing at an 8 per cent premium to the $1 offer price.

John Drinnan: Change, change and more change
The year is approaching its end with uncertainty over the future shape of the two big media corporates - MediaWorks, owner of TV3, and NZME., owner of the Herald,

Orion's value tops $1 billion
Orion Health has made an impressive sharemarket debut, but analysts say the software developer has a big job ahead in pulling off its ambitious growth targets.

Orion geared up for 'R&D arms race'
Shares in Orion Health have risen 14% above the offer price following the software developer's sharemarket debut this morning.

Brian Gaynor: Backdoor lister's huge fall from grace
Ken Wikeley's bankruptcy is a massive fall from grace for one of the NZX's more colourful characters.

F&P at record on higher profit
New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance. Xero fell as its first-half results showed a slower pace of growth.

Childcare roll-up Evolve sets IPO price
Childcare roll-up Evolve Education Group has set the price for its initial public offer at $1 per share giving it a market share of $177 million.

NZ Oil & Gas leads index to record
New Zealand shares rose yesterday, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return given cash flow from production at its Tui oil field.