Latest fromXero

Chorus paces rise in sharemarket index
New Zealand shares rose yesterday, paced by Chorus as its first-half earnings met with market expectations. Xero rose to a four-month high as a seller exited the stock.

Xero's price jumps amid speculation
Shares in Xero have jumped 24 per cent in the past week, amid speculation a large seller has left the market.

Sharemarket heads back up after slide
New Zealand shares rose yesterday, heading back towards a record high after a two-day slide.

Xero seeks US boost
Accounting software firm Xero has introduced a new combined payroll and accounting software platform to help increase growth in the US.

Global markets feeling oil slump
Exceptionally low oil prices have thrown world financial markets a curve ball by driving bond yields sharply lower and undermining share prices.

Xero loss grows as staff hired
Cloud-based accounting firm Xero widened its first-half loss after spending more on staff and marketing.

Xero pays $10m for US online payroll firm
Xero has paid the equivalent of $10m US online payroll company Monchilla to help drive its expansion in the world's largest economy.

NZX's worst shares of 2014 (+graphic)
What are the top 10 worst performing shares of 2014 so far? Find out with a graphic showing the biggest losers.

NZ sharemarket extends gains
New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.

Michele Hewitson: Rod Drury
On Monday Rod Drury, the technology entrepreneur and chief executive of Xero, the small business accounting software company, was sounding very chipper.

Global fears hit NZ shares
Investor fears on world markets flowed through into local share trading yesterday as concern mounted about growth in the leading economies of the United States, China, Japan and the European....

Stutterers beacon of hope
Rod Drury, one of New Zealand's most successful businessmen, these days relishes speaking in front of crowds of 1500 or so.

Executive Success: Xero's Craig Walker
As Xero's CTO, Craig Walker is constantly working in the future, translating boss Rod Drury's vision for the business into hard technical reality.

Xero shares plunge after downgrade
Xero shares fell sharply this morning after Goldman Sachs slapped a sell recommendation on the New Zealand accounting software developer.

Heavy hitter to lead Xero US push
Cloud accounting software firm Xero has snared Andy Lark, an expatriate New Zealander with a stand-out global career, to be its new

Xero appoints heavy-hitter, Andy Lark, to push US sales
Xero has snared Andy Lark, an expatriate New Zealander to be its new chief marketing officer as it moves to strengthen its push into the vital US market.

Xero shares drop as US boss quits
Peter Karpas, Xero's North America chief executive has quit just six months after joining the cloud-based accounting software company

Stock takes: Drury Hits Back
Xero boss Rod Drury is disappointed with the sell recommendation Craigs Investment Partners has slapped on the company's stock.