Latest from NZX Limited

Air New Zealand leads stock index down

New Zealand shares dipped, led lower by Air New Zealand and Vector, with Arvida Group and Tegel Group Holdings rising.

A2 Milk leads the way as market rises

New Zealand shares rose, with A2 Milk Co and high-yielding stocks such as Contact Energy and Genesis Energy gaining.

Hellaby directors now support Bapcor takeover

The independent directors of Hellaby Holdings now support a takeover bid by Bapcor after the offer was declared unconditional.

Shares follow global trend downwards

New Zealand shares fell, led lower by global markets, with ANZ Banking Group and A2 Milk Co down while Vital Healthcare Property Trust gained.

Bapcor takeover of Hellaby unconditional

Shareholders who have accepted the offer will receive $3.60 per share within the next 7 days.

Pushpay in talks with large US vendors

Pushpay Holdings says it's moving up the value chain and is in talks with large US vendors about its expanded product offering.

Pushpay confirms ACMR grew US$8.4m

Pushpay says it is on track to reach its ACMR target of US$72 million and breakeven on a monthly cashflow basis by the end of calendar 2017.

Augusta drops legal action against NPT

Augusta Capital has dropped its High Court proceedings seeking orders requiring listed property investor NPT to call a meeting of shareholders.

Pumpkin Patch owes $59.5m to ANZ

Pumpkin Patch owes $59.5 million to its bank and at least $6.6m to other creditors, receivers KordaMentha said.

Brokers picks - the shares to watch

Blue chip and small cap stocks lead the list of expected market performers for the coming year.

Airport flies high, Tenon gains in shortened trade

New Zealand shares rose in abbreviated trading ahead of the Christmas holiday, led by blue-chip stocks including Auckland Airport and Spark.

Wall Street slips, oil gains

Equities on both sides of the Atlantic slipped, as did the US dollar, while oil moved higher.

A2 scotches talk of infant formula woes

A2 Milk Co shares gained after the milk marketer played down fears about the infant formula market stemming from ASX-listed rival Bellamy's Australia's extended trading halt.

Intueri slashes guidance

Intueri's application for an A$6 million uplift in VHF funding has been denied.

NZ shares rise led by Tegel

New Zealand shares rose as Tegel Group Holdings continued its rebound from last week's record low while Warehouse Group dropped after weaker earnings guidance.

Bank boss to leave early next year

Cooperative Bank chief executive Bruce McLachlan will leave the lender early next year after choosing to take a new leadership position with another New Zealand business.