Latest fromNew Zealand Stock Exchange

Asset sales petition arrives at Parliament
The 68 boxes carried onto Parliament's forecourt this afternoon contained 393,000 signatures. It is thought to be the biggest ever petition in support of a citizen's initiated referendum.

390,000 sign petition against asset sales
The Government will push ahead with asset sales regardless of a referendum on the issue, Finance Minister Bill English says.

Brian Gaynor: Challenge holding onto investors after float
Mighty River Power needs to promote loyalty bonus scheme...

Warehouse almost doubles half year profits
Half year profits at the Warehouse have almost doubled after properties were sold and the company will pay a much bigger dividend than many were expecting.

NZX surges to all-time high
New Zealand's sharemarket hit an all-time high this afternoon, a market analyst says.

Float warning for novice investors
If you don't have a broker, you may not be able to sell Mighty River shares quickly, says one fund manager.

Warehouse shrugs off Torpedo7's history
The Warehouse boss Mark Powell is playing down the significance of an Australian company's aborted investment in Torpedo7.

Postie Plus shares tumble, losses widen
Retailer Postie Plus is again in talks with its bankers as it prepares to announce a "substantial loss" to the market.

Moa Beer enters Canadian market
Boutique beer maker Moa is hoping to cash in on a growing craft beer market in Canada.

Solid Energy in bank talks
Solid Energy, the state-owned coal miner whose chief executive quit this month, is in talks with its banks because of its deteriorating financial position.

Major Rakon shareholder cuts investment
One of Rakon's largest institutional shareholders has almost halved its investment in the high-tech electronic components maker.