KKR's approach to struggling clothing company Pacific Brands is seen as opportunistic, given the target's weak earnings outlook, and some are tipping are higher offer.

The volume of trading in shares on the NZX climbed almost 42 per cent last year.

Restaurant Brands will open a Carl's Jr burger restaurant in every major urban centre in New Zealand, its chief financial officer says.

University of Canterbury will rely on its implicit government guarantee to meet payments to investors on its bonds after the earthquakes scared off students, seriously denting finances.

Trading in NZX dairy futures passed the 10,000-lot mark today for the first time. NZX says this milestone means the market is well on the way towards reaching critical mass.

The Warehouse says implementing its strategic plan and reinvestment programme should bring an 8pc fall in profits.

Air New Zealand, wants to lift annual profit by $110 million by 2015 and is picking a better performance than the latest earnings performance.