Electricity company Mercury delivered on its expected record profit after its record hydro generation volumes, 24% higher than average, Forsyth Barr broker Damian Foster said yesterday.
Mining company Bathurst Resources says it will appeal against an ``unfavourable judgement'' from the High Court which would require it to pay $US40million ($NZ60.4million) to L&M Coal Holdings...
Failing a catastrophe today or tomorrow, the United States Standard & Poor's 500 should reach the longest bull market in the post-war period.
The weaker New Zealand dollar is boosting New Zealand commodity prices in local terms, ASB senior rural economist Nathan Penny says.
Investors may not be getting a straight story about company earnings, a paper co-authored by Prof David Lont and Prof Paul Griffin says.
The New Zealand dollar is on the endangered currency list and financial conditions are now getting looser, Kiwibank head of trading Ross Weston says.
New Zealand's economic growth is slowing and there are doubts even the Government’s substantial fiscal stimulus being delivered will result in a significant increase in the rate of expansion.
There appears to be a change in behaviour from the Reserve Bank since the new governor Adrian Orr took office.
Skellerup is confident its supply chain flexibility gives it the ability to adapt and mitigate the impacts of more restrictive international trade practices, chief executive David Mair says.
Precinct Properties is pushing ahead with its nearly $300million development of 1 Queen St, in Auckland, the company confirmed yesterday.
Heartland Bank delivered a mixed full-year financial result in line with forecasts and at the upper end of company guidance, Forsyth Barr broker Suzanne Kinnaird said yesterday.
Spark is expanding its role in the sports media market, putting it on a collision course with Sky Network Television.
The Otago-Southland services industry is well and truly leading the pack for growth.
Following the sale of assets by Contact and Trustpower, those businesses now have surplus capital and are in a position to return capital to shareholders.
The Government has launched a Trade for All agenda that critics say is a rehash of a National Party policy and a waste of time.
The Reserve Bank's monetary policy statement on Thursday will be the main economic event of the week but there are other economic indicators worth noting.
Winter has brought a diverse pattern of spending, Paymark spokesman Paul Brislen said yesterday.
The Reserve Bank is expected to reiterate its main "on-hold" message when it releases its Monetary Policy Statement on Thursday.
After a hectic week in trading, iPhone manufacturer Apple yesterday became the world’s first $US1 trillion dollar company after shares closed above the threshold needed to reach the benchmark.
Job advertisements are increasing but ANZ senior economist Liz Kendall is warning against reading too much into the monthly move on the ANZ Job Ads index.