Featured Articles

RCG Retail & property Review: Difficult summer for some retailers

With the outstanding weather we’ve had across the country, little attention has been given to commercial activity. Yet, for all ...

Oceanagold exceeds production targets

Oceanagold is shaping up for a top year when it posts its 2014 results on 19 February, today confirming that ...

Hallenstein sales robust

Hallenstein Glasson advises that sales over the key Christmas trading period have been robust, and today there was an immediate ...

Marketweek: A dizzying week for financial markets

By WARREN HEAD Happy New Year to readers! Many of you were following the morning postings of daily currency reports and ...
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By WARREN HEAD The primary obsession among equity investors is to try and strike a balance between pure capital appreciation plays and those stocks that can afford to set a high payout ratio for dividends ...
Kathmandu looks afar for new CEO

Kathmandu today announced the appointment of Xavier Simonet as the new Chief Executive Officer of the company ...



TeamTalk revises 1H15 downwards

NZX-listed telco, TeamTalk, is revising down its profit expectations for the first half of the financial year. ...



Windflow to Reduce Staff Numbers

The Christchurch based Windlfow Technology is faced with a need to scale back staffing in the absence of steady orders for its windpower turbines in the UK market. ...



T & G updates guidance

Turners & Growers advises that it expects that its preliminary 2014 full year Profit Before Income Tax will exceed the 2013 reported result of $23.4m by approximately 10 to 20%. ...



Big contract in NSW for EBOS

EBOS Group’s Onelink division in Australia has been awarded a contract by the New South Wales Government for the warehousing and distribution of medical consumables to all public hospitals in the State. ...



Westpac Weekly Insight: The tide has turned image

Inflation is low and the exchange rate is rising on a trade-weighted basis, says Westpac chief economist Dominick Stephens.. OCR hikes are now a very distant prospect. The more interesting discussion is whether the RBNZ ...



MARKETWEEK: Record mark for the Kiwi bourse image

By WARREN HEAD The primary obsession among equity investors is to try and strike a balance between pure capital appreciation plays and those stocks that can afford to set a high payout ratio for dividends ...



RCG Retail & property Review: Difficult summer for some retailers image

With the outstanding weather we’ve had across the country, little attention has been given to commercial activity. Yet, for all the positive predictions (RCG included), some retailers had a difficult trading period over the break. ...



Marketweek: A dizzying week for financial markets image

By WARREN HEAD Happy New Year to readers! Many of you were following the morning postings of daily currency reports and market summaries we were posting on headliner.co.nz over the holiday break from the front benches ...



MARKETWEEK: What do you expect to earn from your investment? image

By WARREN HEAD What do you think is an acceptable rate of return on your equity investments? Twice the inflation rate, double the rate for 3-year Government stock? Maybe 6-7% would suffice? ...



US market gains, Europe rallies

Mario Draghi’s embrace of Federal Reserve-style stimulus gave U.S. equities their first weekly gain this year and sent European shares to the best rally since 2011, notes First NZ Capital. ...



Aussie market on the front foot image

Australian shares ended the Friday session the way they started – on the front foot. The key catalyst driving prices was the European Central Bank (ECB) which announced a QE programme (bond buying), said Tom ...



Market report 23.1.15

The New Zealand sharemarket leapt into the weekend with 77 stocks marked higher today and falls curtailed to just 46. The NZX50 index gained 26 points to set a new record at 5675.  TeamTalk was ...



Aussie market one of the best in region today image

The Australian share market consolidated on its early gains on Wednesday and closed at the best levels of the session ...



ASX finishes flat after recovering losses

The Australian sharemarket has finished down just one point, after dipping in and out of positive territory in late trade. ...



Forecast below consensus

[PREMIUM] Synlait Milk’s NPAT guidance was lifted this week but has been followed by two days of sell-off of the share price. ...



Outlook for gold

[PREMIUM] With the international price of gold retreating (and leading to job losses of 25% at OceanaGold's Macrae's mine), what do analysts see as the direction for gold this year? ...



SKYCITY weak trading update image

[PREMIUM] SKYCITY Entertainment provided a trading update across its casino properties and guided towards a 1H14 normalised NPAT range of $65–68m. What do equity analysts make of this? ...



Caltex Australia refocused

[PREMIUM] Caltex Australia has released their FY13 guidance, in line with consensus. What prospects, then, do equity analysts see for this Australian heavyweight? ...



BHP Billiton US Shale site visit

[PREMIUM] BHP hosted its long awaited shale tour this month, providing a holistic outlook for the business. ...



Market pricing higher chance of rate cut

NZ swaps closed up 2-3bps on Friday. On Friday night, US 10-year yields dipped back down to 1.80%. ...



Turbulent night on rates market

NZ swap and bond yields closed down 4-7bps yesterday. Overnight, US yields had a turbulent night after the ECB’s announcement but 10-year has returned to trade at 1.87%, says Kymberly Martin, senior markets strategist at ...



Rates curve eases on CPI

NZ swap and bond yields closed down 2-5bps across the curve yesterday. Overnight, US 10-year yields consolidated around 1.80% before pushing higher recently. ...



Rates curve steepens slightly

In a relatively quiet day of trading the NZ curve steepened a little says Kymberly Martin, senior market strategist at BNZ Markets this morning. ...



Yields close sharply lower

NZ yields closed down sharply on Friday and consolidated yesterday. US 10-year yields pushed higher on Friday to close at 1.84%, says Kymberly Martin, senior market strategist at BNZ Markets ...





Kiwi goes down in sympathy with AUD

The NZD dropped along with its G10 peers against the USD on Friday, closing 0.7% lower at 0.7450., says Rako Shareef, currency strategist at BNZ markets this morning. ...



Anzac duo dragged lower

Reverberations following the announcement of the ECB's quantitative easing programme continued, with sovereign bond yields falling sharply and EUR/USD plunging to new lows on Friday, says Con Williams, agri-economist at ANZ, this morning. ...



Focus is on 'no inflation'

The NZD/USD has consolidated over the past 24-hours to trade around 0.7540 at present. ...



Hello to European economic stimulus

The ECB has announced combined asset purchases of EUR60bn per month until September 2016, but possibly longer if inflation continues to undershoot the ECB’s slightly less than 2% target, reports Sharon Zollner, senior economist at ...



Canadian cut helps drags Kiwi lower

The NZD/USD was dragged lower in the early hours of this morning to trade at 0.7570 at present, reports Kymberly Martin, senior market strategist at BNZ Markets. ...



Augusta to Syndicate Southgate Centre

Augusta Capital Ltd said that its wholly owned subsidiary Augusta Funds Management Ltd has entered into an unconditional agreement to purchase the Southgate Centre in Takanini, Auckland. ...



DNZ in Second Stage at Westgate

DNZ Property Fund plans to develop a further 7,000m2 of retail, dining and office space on land opposite its $155m Westgate Mall development, in a project known as "Westgate Stage Two". ...



DNZ Sells Two Wellington Properties

DNZ Property Fund has unconditionally sold two properties in Wellington: 12 Tyers Road and 13 Jarden Mile. The total sale price of $5.3m represents a 5.5% premium above book value. ...



Property prices reset higher

Property selling prices reached a record high in November, Realestate.co.nz says. ...



Exclusive Taupo properties on market

Three multi-million dollar properties in an exclusive gated Taupo subdivision recognised as one of the country’s most sought after areas have been placed on the market for sale. ...



Copper price in tretreat

Copper has been the big mover of the last 24 hours, reports the ANZ this morning. ...



Commodities lower over 2014

The ANZ Commodity Price Index fell a further 4.4% in December – the tenth consecutive monthly decrease in the index. ...



Oil prices fall further

World oil prices fell on Friday in thin, holiday-affected trade. Metal priceds wqere also down, reports CommSc. Howevertm, gold has increased in value. ...



Crude oil prices falling

Crude oil prices dropped again as markets digested the fact that OPEC would not be cutting its production quotas. WTI crude closed down 10%, while Brent crude fell a further 3.5%, says Sharon Zollner, ANZ ...



Commodity prices drifting

New Zealand commodity prices are lower for the eighth consecutive month with October data at the lowest level since March 2013 ...




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