News
Ryman Healthcare returns to positive cashflow for first time in decade
But the retirement village operator has still reported a loss for the first half of the current financial year.
Fisher & Paykel Healthcare expected to deliver strong first half result
The respiratory appliance manufacturer's first half net profit for the period ended September was expected to be up 31 percent to $200 million.
Fonterra narrows Farmgate Milk Price point
Strong milk flows in NZ and other milk-producing changes have seen the price range narrow to $9.50 a kilo of milk solids, from $10.
Kiwi Property's net profit falls 77 percent
The Sylvia Park and Drury township developer's net profit fell 77 percent with an unrealised fair value loss of $30.3 million.
Board directors believe economy is improving - report
The annual Director Sentiment Survey indicated 55 percent of directors thought the economy would improve over the next 12 months.
The different investing strategies of over-60s and under-30s
Overall, confidence is improving and investors are becoming more accustomed to global uncertainty, a new survey shows.
More than 20 public companies set to report financial results over next 10 days
Investors are keen to see any signs of an improving economy.
Exporters to benefit from weak dollar, strong demand
That is despite a drop in prices for key agricultural products, including dairy, forestry and fruit.
Warehouse Group jobs to go in cost-cutting drive
The Warehouse Group plans to cut head office jobs as increased sales fail to deliver profit growth.
Ed-tech company Kami named EY entrepreneur of the year
Kami will be competing with the other country winners at EY's Global event to be held in Monaco, June 2026.
Infratil posts $2 billion first-half revenue
It reported a strong first half net profit with revenue up more than a third.
Mainfreight's net profit down 18.5% on previous year in six months to September
Global transport firm Mainfreight has seen a difficult first half, with tighter margins and sales harder to make.
Vital Healthcare takes management in-house
A $220 million capital raising will fund the change and position the property trust for near-term development projects.
Employers forking out more for employees in 'talent-short' market
Top shelf employees are expected to cost employers much more to retain and recruit as the economy recovers.
Shareholders grill Spark over lacklustre run
The past two years have been "incredibly challenging" for the telco, its chief executive says.
NZ still ranks amongst best in commercial property investment
A report showed in addition to long-term growth prospects, New Zealand enjoyed sustained investor confidence.
Reserve Bank warns risks remain high due to global uncertainty
Governor Christian Hawkesby also said underperformance in parts of the New Zealand economy had created challenging conditions for households and businesses.
SkyCity shareholders vent frustration over casino operator's performance
Chair Julian Cook told shareholders it still had an outstanding regulatory issue to deal with at the Adelaide Casino as they expressed frustrations over poor performance.
Proposed government water reforms will cost ratepayers more - report
A report says it will undoubtedly see some councils facing continued downward pressure on their credit ratings.
NZ's largest hotel chain to open 50th lodging
The company says anticipated growth in events-based tourism is behind its increased investment.
High Court appeal over airport charges dismissed but legal action continues
The appeal centred on a controversial Commerce Commission decision on how much regulated airports can charge airlines.
Farmers vote on the Fonterra brand sale today - what you need to know
Shareholders are set to vote on whether to sell the company's consumer arm, which includes well-known brands like Mainland and Anchor, to a French company.
Tech companies eye stock market listings, but not on NZX
Most of the biggest players are "directing their energy and aspirations towards the listing in the US", Icehouse Ventures chief executive says.
Fonterra sale could inject $4.5b into economy
The dairy giant is hoping to sell its Anchor and Mainland brands to a French company, though the deal is far from set in stone. Audio