Article – BusinessDesk

May 20 (BusinessDesk) New Zealand shares edged higher, led by Fisher & Paykel Healthcare and NZX, while concerns about the Australian housing market weighed on Fletcher Building. Read more »

Article – BusinessDesk

May 20 (BusinessDesk) – Shares in MightyRiverPower, which the government partially privatised earlier this month, dipped below their $2.50 float price in afternoon trading, 10 days after listing on the stock exchange. Read more »

Press Release – Employers And Manufacturers Association

The world is looking a little brighter for Kiwis compared to three or four years ago, as a flow-on effect of the consistent upswing in manufacturing and service industries, said Employers and Manufacturers Association manager of advocacy, Bruce Goldsworthy. Read more »

Press Release – CMC Markets

The Australian market has made a strong start to the week, following another record breaking session in the US and signs of improving domestic consumer confidence. Read more »

Press Release – Morningstar

We review the read-throughimplications for Lend Leasesof recent competitor earningsdowngrades in theengineering and constructionsector and assess longer-termgrowth initiatives andprospects. Read more »

Press Release – IG Markets

The biggest ever bet against gold is now in place, as the Soros Fund Management LLC sold its final quarter of its gold fund after shedding 12% from the same fund the week before. This occurred as Goldman Sachs enters the ring behind Deutsche Bank, … Read more »

Press Release – BusinessNZ

Service sector expansion for April built on the solid performance of the previous two months, according to the BusinessNZ Performance of Services Index. Read more »

Article – Businesswire

May 20 (BusinessDesk) – SkyCity Entertainment Group has agreed to buy Queenstowns Wharf Casino for $5 million from Malaysias Lasseters, adding 74 electronic gaming machines and six gaming tables to its existing operations in the resort town. Read more »

Article – Businesswire

May 17 (BusinessDesk) – Summerset Group shareholder Quadrant Private Equity sold down its stake in the retirement village operator at $2.90 a share, raising some $89 million, and taking advantage of the stocks 34 percent advance this year. Read more »

Article – Businesswire

May 17 (BusinessDesk) Nuplex Industries cut the range for its full-year earnings guidance by about $11 million, saying Australias manufacturing slump has dented demand for its resins, specialty chemicals and plastic additive products. The shares … Read more »

Article – Businesswire

May 17 (BusinessDesk) – Summerset Group shareholder Quadrant Private Equity is selling down its 37.2 percent stake in the retirement village operator, taking advantage of the stocks 34 percent advance this year. Read more »

Press Release – King Country Energy

King Country Energy (KCE) acquired 100% of the Mangahao power station assets in 2012. The rationale for the acquisition was to enhance KCEs ability to maintain and grow value for the benefit of all Shareholders in an increasingly competitive and … Read more »

Article – BusinessDesk

Heartland among eight smaller NZ banks put on notice over rising housing risk by S&P Read more »

Article – Businesswire

May 16 (BusinessDesk) New Zealand shares fell after Telecom said competition in fixed-line sales meant full-year earnings would be at the bottom end of guidance, while Ryman Healthcare rose after chalking up another year of plus-15 percent earnings … Read more »

Article – Businesswire

May 16 (BusinessDesk) Wellington International Airport, which the Commerce Commission deems is extracting excessive profits, says a 20 percent increase in revenue from its airline customers reflects a new noise levy and the absence of an international … Read more »

Speech – ACT New Zealand

I rise on behalf of the ACT Party and the people of Epsom to support the Appropriation (2013/2014 Estimates) Bill. ACT will support this Budget and associated legislation. Read more »

Press Release – Mighty River Power

Mighty River Power today confirms the repayment of its $200 million retail bond that matured. Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – Telecoms Gen-i has agreed to sell its Davanti Consulting business in a management buy-out the latest step to trim down IT services unit. Read more »

Press Release – Fonterra

Fonterra Co-operative Group Limited today announced a Final Price of $7.92 per Economic Right of each share that farmer shareholders sell during the current Supply Offer. The price was calculated by reference to an average of the daily traded price on … Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – Agria Corp, the New York Stock Exchange-listed agriculture investor whose top executives left last year, has brushed off local subsidiary PGG Wrightsons profit warning as a temporary setback and is still optimistic … Read more »