Gill Bonnett
Morning markets for 28 May 2014
US stocks are trading higher today, with the S&P 500 at record levels, but gains are concentrated in the Nasdaq as high-growth sectors like biotech and Internet stocks also perform well. Audio
Fonterra sells milk powder factories in south America to Nestle
Fonterra has announced it's selling its share in milk powder factories and a liquid dairy business to the food giant Nestle. Audio
NZIER says slumping house prices a risk to the recovery
The Institute of Economic Research says slumping house sales pose a significant risk to the continuing recovery. Audio
Markets Update for 27 May 2014
A brief update of movements in the financial sector. Audio
Martinborough Vineyard Estates faces takeover
The board of Martinborough Vineyard Estates is recommending shareholders accept a takeover offer or face the possibility of the winemaker going into receivership or liquidation. Audio
Serko seeks to raise up to $22m
Meanwhile, another technology company is seeking funds to grow. Audio
Markets Update for 21 May 2014
A brief update of movements in the financial sector. Audio
Global dairy auction prices continue to fall
Dairy prices dropped again at Fonterra's latest global auction which took place overnight. Audio
Kiwi Income Property Trust's annual profit falls 8 percent
Kiwi Income Property Trust's annual profit fell nearly 8 percent to more than 101 million dollars because of the near 75 million dollar cost of buying its management contract. Audio
Markets Update for 20 May 2014
A brief update of movements in the financial sector. Audio
Morning markets for 20 May 2014
The Dow Jones Index is up 22 points and the NZX 50 yesterday fell 18 points to 5168. Audio
US backing for Auckland drugs company gives more credibility
The backing of Auckland drugs company, AFT Pharmaceuticals, by an American investor should give it more credibility to break into the US market. Audio
Markets Update for 13 May 2014
A brief update of movements in the financial sector. Audio
Markets for 13 May 2014
The Dow is at a new high today, the S&P 500 is not too far behind. Audio
Housing confidence remains low
New Zealanders' house price expectations remain elevated, but have fallen from last year, and more people are expecting interest rates to continue rising. Audio
Global Dairy Trade prices down
International milk prices have dropped for the sixth time in a row at Fonterra's fortnightly auction, down 1.1% Audio
