Latest from New Zealand Stock Exchange

Referendum to be held on asset sales
Five months after the first share float of Mighty River Power a referendum on asset sales is to go ahead - news accidentally tweeted by the Greens co-leader.

Australia needs 'dose of Thatcher'
Australia has old-fashioned union arrangements and needs "a dose of Margaret Thatcher," says Mark Adamson, the British chief executive of Fletcher Building.

Trade Me lifts profit, issues warning
Trade Me, New Zealand's largest online auction site, posted slower profit growth for 2013 and warned earnings growth would remain tepid in the coming year.

NZX reopens, dollar down after quake
The New Zealand dollar dropped almost half a US cent and the NZX suspended trading after a 6.2 magnitude earthquake rocked Wellington.

Stock Takes: Ebos peaks
There has been much excitement about healthcare company Ebos since its spectacular $1.1 billion purchase of Australia's Symbion and its successful capital raising.

Xero revenue loses pace
Slowing revenue growth means Xero's soaring share price can no longer be justified, a fund manager says.

Skellerup in $7m stoush over faulty rubber rings
Skellerup Rubber Services has been accused of selling faulty rubber rings to PVC pipe maker Marley New Zealand.

Market manipulation case a NZ first
The FMA files civil proceedings against Diligent founder Brian Peter Henry for alleged involvement in the manipulation of company shares.

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.

Heartland seeks low-ball rule changes
Heartland New Zealand wants changes made to rules on low-ball share offers.