News
Education provider's future uncertain after audit
The future of Intueri Education Group is hanging in the balance as an Australian regulator threatens sanctions or even registration cancellations.
Warehouse sales figures boosted by Dick Smith's demise
The Warehouse Group's annual profit has beaten its own expectations, with the demise of the Dick Smith chain helping boost sales at its Noel Leeming stores.
Briscoe Group's first-half profit rises by a third
Briscoe Group has reported a 33 percent rise in net profit on rising sales and market share.
Weapons investments prompt call for ethical KiwiSaver fund
A KiwiSaver fund manager, Simplicity, is urging investment managers to cooperate in the design of an ethical global investment fund.
Employees clocked in but checked out
Staff at about 40 percent of NZ businesses have given up on their jobs even though they haven't actually resigned, a recruitment survey has found.
Vodafone slashes annual loss as sales rise
Vodafone New Zealand has cut its full year loss from $90.5 million last year to $18.3 million in 2016, with sales rising slightly in the year ended March.
Plan to regulate insolvency sector welcomed
A plan to regulate the insolvency sector and shut down unscrupulous operators is being welcomed by an industry body.
Intueri's first half net profit falls
Troubled education provider Intueri Education Group's first half net profit is down 42 percent.
Women, Māori, Asians still under-represented on boards
Company boards still have a long way to go to fully reflect New Zealand's gender and cultural diversity, a new report shows.
Warm winter hits Hallenstein Glassons' sales
Hallenstein Glassons' full year net profit is expected to be down by more than 20 percent on last year.
Intueri Education dumps chief executive
Troubled education provider Intueri Education Group's board has asked the chief executive to step aside, as it executes a plan to improve the company's poor financial performance.
Kathmandu increases forecast profit
Kathmandu Holdings has updated its forecast full year net profit, which will be close to the top end of its guidance, after making better-than-expected gross margins.
Briscoe Group profit up at least a third
Strong sales over the past few months are expected to drive Briscoe Group's first net half profit up by more than 32 percent.
Shareholders Assn calls for Rakon's Robinsons to step aside
The Shareholders Association is taking aim at the board and management of technology manufacturer Rakon and will oppose the re-election of director Darren Robinson.
Shareholders Assn calls for Rakon's Robinsons to step aside
The Shareholders Association is taking aim at the board and management of technology manufacturer Rakon and will oppose the re-election of director Darren Robinson.
Govt offices set for $213m upgrade
Precinct Properties will spend another $213 million to redevelop Wellington's Bowen Campus office buildings after the government signed long-term lease agreements.
Mainfreight board resist pressure for fresh blood
The board of the transport company Mainfreight is resisting pressure by institutional investors to introduce fresh blood around the table and replace their long-serving auditors with someone new.
Restaurant Brands
Fast food chain operator Restaurant Brands is looking to expand its Australian KFC franchise brand.
Xero says it's on track to meet growth targets
Xero is on track to meet its growth targets, according to the cloud accounting software company's founder and chief executive Rod Drury.
TGG ownership change likely to fuel takeover speculation
One of China's biggest fruit wholesalers has emerged as a significant shareholder in local produce exporter T&G Global.
Nuplex Industries takeover set to go ahead
Nuplex Industries looks set to be taken over by Belgian chemical manufacturer Allnex New Zealand, after 98 percent of shareholders voted in favour of the billion-dollar offer.
Sky TV shareholders give nod to Vodafone merger
Shareholders in Sky Network TV have overwhelmingly approved a proposed merger with Vodafone NZ, with 99.6 percent approving the deal.
Hellaby sells to focus on core sectors
Diversified investment company Hellaby Holdings is selling its Equipment Group business to a private equity fund for $81 million.
Markets in turmoil after 'leave' win
Brexit - Global financial markets are erratic, with the pound hitting a 31-year low in its biggest fall on record. Audio
Stride listing Investore on NZX as part of portfolio expansion
Property investor Stride is spinning off its Investore subsidiary in an IPO as part of a plan to buy 14 supermarket properties currently occupied by Countdown.