
Reject Diligent takeover bid, says broker
Shareholders are being told to vote against a takeover bid for the technology company.
Shareholders are being told to vote against a takeover bid for the technology company.
Businessman Peter Huljich and entities linked to him are set for a $26 million pay out if the Diligent Board Member Services takeover goes ahead.
Nuplex has been in secret talks with one of its rivals and says it has received a good offer.
Global stocks pushed into full-blown bear market territory, with the MSCI All-Country World Index falling 1.3 per cent overnight.
Local investors are expected to take to the sidelines this morning after share prices in the major international markets took a pounding.
New Zealand shares rose, led by milk marketer A2 Milk and Air New Zealand, although the value of trading continued to be relatively light.
The Chow brothers' back-door listing on the New Zealand stock exchange still needs the approval of shareholders.
New Zealand share prices have fallen this morning down 1 per cent after big falls on overseas markets.
New Zealand shares rose after some stability returned to global markets.
New Zealand shares have fallen sharply, taking a lead from an overnight sell-off on Wall St that pushed the S&P 500 index into correction territory.
New Zealand shares rose for the first time this year after a five-day slide.
A new year, and it appears Just Water International boss Tony Falkenstein isn't looking to back down from being a thorn in the side of sharemarket operator NZX.
New Zealand shares fell for a fourth day as fears over China's economy cloud global markets.
Share markets around the world continue to tumble as billionaire George Soros warned of more trouble ahead and urged investors to be cautious.
New Zealand shares rose to a record on the last day of the year.
Tony Falkenstein, chairman of Just Water responds to Tim Bennett's article: 'NZ's chance to grasp lost opportunity'.
Fund managers have hit back at criticism from NZX boss Tim Bennett that they are unwilling to back small Kiwi companies.
Just Water International and Coats have revived the controversy regarding the delisting of NZX companies, which was covered in the October 24 column.
Back in August, it would have been difficult to imagine the S&P/NZX 50 notching up yet another year of double-digit returns.
NZX, New Zealand's financial markets operator, has increased the minimum volume of lots required in block trades of whole and skim milk powder futures, citing increased activity.
The company behind products like Maxigesic will be listed on NZX.
Internet shopping's power has not hurt NZX-listed Precinct Properties' ambitious plans for its $550 million, 38-level Downtown tower.
Negative impact on world markets following Paris terrorists attacks is tipped to be short-lived.
The benchmark index's October run was bolstered by investor demand for investments paying regular income in a low interest rate environment.
New Zealand shares rose for a 10th straight day, propelling the benchmark S&P/NZX 50 Index to a record high.
It's billed as the place to trade shares in small, high growth businesses, but growth is something the new NXT market hasn't seen much of.