Dissident shareholders want to buy 30.99 per cent of the company to build a controlling stake.

The New Zealand sharemarket ends weaker and well short of its recent record high as the reality of higher bond yields in a post US-election world starts to sink in.

A leading law firm says the proposed merger could end up in the High Court if it is not approved by the Commerce Commission.

The ComCom's early view that it would decline the proposed merger between NZME and Fairfax NZ is "a setback but not irreversible", says a competition lawyer.

Shares in New York Stock Exchange listed Agria Corp - PGG Wrightson's biggest shareholder - have been suspended.

New Zealand shares fell, the index's correction from a record high on September 7, as investors fretted that valuations weren't supported by earnings growth.

Hellaby Holdings told shareholders the $322.5 million takeover bid is "significantly below" its independent adviser's valuation range.

COMMENT: Two high-profile collapses from NZX-listed companies lately won't do wonders for the way bystanders perceive share investing.

The stock market operator's sales were bolstered by a flurry of new debt listings and an expanding funds management business.

Diversity champion Global Women wants to see a minimum target of 30 per cent of female directors on the boards of NZX-listed companies. The

A sell-off of New Zealand stocks this week could be just a taste of things to come, says a prominent market strategist.

New Zealand shares have bounced back following a savage sell-off yesterday.

Software developer's stock has done well since falling off cliff.

New Zealand shares rose after Tegel Group said it had been cleared to export raw poultry to Australia, Trade Me Group reported stronger

Trustpower may now have to pay nearly $15 million in tax and interest after losing a Supreme Court appeal.

Xero sees potential for sales growth among businesses in ''English-speaking'' southeast Asia, provided they can wean them off hand-written ledgers.

The NZX is the first of the world's sharemarkets to open after the turmoil of Friday.

New Zealand shares fell as fears around the potential for Britain to exit the European Union continued to erode risk appetite.

NZX posted a 9.6 per cent gain in first-quarter revenue as more companies turned to the debt market to raise funds.

Aaron Coupe had admitted running a business while bankrupt and concealing income.

Local fund managers are not pushing the panic button despite plunging world sharemarkets and plummeting oil prices.

Casino operator forecasts healthy lift in first-half profit as a result of higher turnover and lower costs.

The NZ sharemarket ended the first trading day of 2016 down just under 1 per cent, as concerns about world growth sent major markets sharply lower.

Markets reporter Christopher Adams looks at last year's winners and losers on the stockmarket.

Brokers are picking Fisher & Paykel Healthcare, Diligent and Infratil to be among the NZX's top-performing stocks in 2016.

There has been a lot of discussion around the NZX's new NXT market and if it will succeed and flourish, or languish as the NZAX market has.

Fast-growth companies are exciting investments. But they are not for the faint-hearted or the unprepared, writes Shane Solly.

The benchmark index's October run was bolstered by investor demand for investments paying regular income in a low interest rate environment.

Xero slowed its quarterly cash burn during July to September as customer receipts rose more quickly than its wage costs.