New Zealand markets in holding pattern

Article – BusinessDesk

Jan 23 (BusinessDesk) – Both the New Zealand dollar and the stock exchange are a tad weaker but relatively steady today in the wake of US President Donald Trump’s inauguration and analysts expect the situation to continue as markets take a wait-and-see … Read more »

Abano uses Healthcare Partners’ dividend

Article – BusinessDesk

Jan. 23 (BusinessDesk) – Abano Healthcare has used Healthcare Partners Holdings’ interim dividend to offset the cost of a partial takeover mounted by the medical investor’s biggest shareholder. Read more »

World Week Ahead: President Trump takes office

Article – BusinessDesk

Jan. 23 (BusinessDesk) – US President Donald Trump will be closely watched for details on his plans to accelerate economic growth, principally by easing taxes and regulation. Read more »

Trump Trading

Press Release – CMC Markets

Trump Trading By Michael McCarthy (chief market strategist, CMC Markets) Ahead of the inauguration of the 45th US President markets took an each-way bet on the Trump trade. Shares and commodities rose and bonds sold off in anticipation of a stimulatory … Read more »

Xero and Meridian gain while Air NZ drops

Article – BusinessDesk

Jan. 19 (BusinessDesk) – New Zealand shares rose, led by Xero after news its chairman is leaving, with Meridian Energy gaining while Air New Zealand dropped Read more »

Abano Warns Of Solicitation Calls

Press Release – Abano Healthcare Group Limited

Abano Healthcare Group Limited (NZX:ABA) and other parties have been made aware that an Australian solicitation call centre has been hired by Healthcare Partners, to contact Abano shareholders in regards to Healthcare Partners partial takeover … Read more »

Xero mulling Liddell’s status after White House appointment

Article – BusinessDesk

Jan. 18 (BusinessDesk) – Cloud-based accounting software company Xero says it is still considering whetherchairman Chris Liddell’s position is compatible with his new role as a White House adviser in the Trump administrationand will update the … Read more »

NZ Refining reports record annual throughput, margins

Article – BusinessDesk

Jan. 18 (BusinessDesk) – New Zealand Refining, which operates the country’s only oil refinery, said Wednesday itsannual throughput hit record levels in 2016 and its fee income for the year was the third largest earned by the company in the past … Read more »

Bapcor offer for Hellaby goes unconditional

Article – BusinessDesk

Jan. 13 (BusinessDesk) – Bapcor’s takeover offer of Hellaby Holdings has now been declared unconditional, with shareholders who have accepted the offer to receive $3.60 per share within the next 7 days. Read more »

ASX-listed infant formula maker Bellamy’s shares plunge

Article – BusinessDesk

Jan 11 (BusinessDesk) – Bellamys Australia shares took a nose dive after it cut its profit forecast for a second time, announced chief executive Laura McBain is leaving the company, and tweaked the terms of its supply contract with Fonterra Cooperative … Read more »

Pushpay’s 3q update confirms 2017 ACMR and breakeven target

Article – BusinessDesk

Jan. 11 (BusinessDesk) – Pushpay Holdings,the mobile payments app developer, says itsannualised committed monthly revenue (ACMR) grew US$8.4 million in the December quarter, including US$1.1 million it made from acquiring USchurch app business … Read more »

US NFP data

Press Release – ThinkMarkets

US NFP data This was really a test of the sentiment among employers and it has shown that water is warm. The overall picture says that the report is solid and nothing is shocking. Most of the emphasis was towards the wage growth and labour participation … Read more »

German Data Disappoints | Investors Wary ahead of US NFP

Press Release – ThinkMarkets

Investors have decided that it is time to shave off some profit after record highs were recorded on the FTSE 100 index while the FTSE 250 wasn’t too far off from its record high either. The german non-manufacturing order data shown another adverse … Read more »

European Markets focus on PMI and FOMC Data

Article – ThinkMarkets

European markets are trading higher ahead of the important economic data release. Today is the day when we will have the services PMI data for Italy, Spain, France and Germany. Higher oil prices should have its rubber stamp on these numbers however, … Read more »

Dollar driver – By Michael McCarthy at CMC Markets

Article – CMC Markets

Asia Pacific shares are set for further gains after the USD pulled back from 14 year highs overnight. The minutes from the December Fed meeting clipped hawks wings, and bond yields slipped back to pre-hike levels. Copper and oil rallied hard, meaning … Read more »

MARKET CLOSE: NZ shares up on first trading day of the year

Article – BusinessDesk

Jan. 4 (BusinessDesk) – New Zealand shares rose on the first trading day of the year, buoyed by overseas sentiment, with Ryman Healthcare, Auckland International Airport and Australia & New Zealand Banking Group gaining. Read more »

Sealord profit more than doubles 2016 profit

Article – BusinessDesk

Jan. 4 (BusinessDesk) – Sealord more than doubled annual profit as the country’s second biggest fishing group reaped fatter margins from a larger catch attracting better prices. Read more »

Plexure inks second $1M contract at end of 2016

Article – BusinessDesk

Jan. 4 (BusinessDesk) – Plexure Group, the digital advertising firm formerly known as VMob, says it has passed $10 million in annualised committed monthly revenue (ACMR) after signing a new $1 million contract with an undisclosed client. Read more »

Will history repeat?

Article – CMC Markets

The combination of strong gains by the ASX 200 yesterday followed by relatively modest gains in US markets makes a steady opening look the logical assumption for our market this morning. Read more »

While you were sleeping: Stocks, greenback climb

Article – BusinessDesk

Jan. 4 (BusinessDesk) – Wall Street and the US dollar advanced as better-than-expected manufacturing data underpinned optimism about the outlook. Read more »

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