Shares of Orion Health Group rose 14% on listing yesterday,
surprising brokers as investors topped up their accounts,
after being scaled back when shares were issued.
Ministry of Foreign Affairs and Trade chief executive John
Allen is set to become a million-dollar man when he leaves
his post next year to become chief executive of the New
Zealand Racing Board.
Auckland International Airport shares rebounded yesterday
after the release of the company's monthly traffic statistics
which showed an impressive increase in international travel.
Regulated telecommunications network operator Chorus
yesterday finally got to release some good news to the market
although its initial information took time to understand.
Former justice minister Judith Collins is exonerated, the
Department of Corrections has some faults and there is
nothing for Prime Minister John Key to apologise for, or so
the narrative goes.
Orion Health Group lists today following strong demand on
both sides of the Tasman which allowed the listing price for
shares to be placed at the top of the band at $5.70 each.
Labour leader Andrew Little (49) set about setting the tone
for his new caucus yesterday by rewarding loyalty but also
identifying MPs who reflect the face of New Zealand.
Immigration into New Zealand reached a new high in October,
with warnings coming the record levels could place
considerable pressure on New Zealand's housing market.
Scales Corp will provide updated guidance on its prospectus
forecasts before December 31 after indicating it may beat
earlier profit estimates.
Dunedin South MP Clare Curran is happy with her
responsibilities allocated yesterday by new Labour leader
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