Latest fromNew Zealand Stock Exchange
Fund managers sounded out over Trade Me float pricing
As the Trade Me float draws nearer, fund managers are being asked about demand for the shares, which may raise $300 million.
Summerset share price set -$1.40 each
Summerset Group, the retirement village operator preparing a partial float, has set its listing price at $1.40 a share, the bottom end of the indicative range.
Shares inch up amid growing optimism over Europe
New Zealand shares rose yesterday, with OceanaGold, ANZ, Westpac and AMP leading the gains as equities reflected more optimism over Europe.
New Telecom tipped as takeover target
The 'New Telecom' - formed when its Chorus network business is split off in November will be the third biggest company on the NZX and a potential takeover target.
NZ shares, dollar steady after rough week
New Zealand financial markets markets were in a holding pattern today after Europe's debt woes sparked a wave of selling around world last week.
Warehouse earnings, sales drop - more pain in 2012
Times are tough at The Warehouse, with earnings and sales falling. The listed retailer says profits may also decline next year.