Nona Pelletier
Spark's 1st half revenue expected to be flat, rise in EBITFS
One analyst says Spark's half year financial result is expected to reflect ebbing revenue from its landline phone business, while its ability to control costs remains uncertain. Audio
Sky City sees strength in Auckland and high roller businesses
The casino operator, SkyCity, says its first half financial report is better than it looks on first glance, despite a 10-and-a-half-percent fall in net profit to 54.6 million dollars. Audio
Opus International cuts senior management jobs in NZ
The listed company, Opus International Consultants, has cut its New Zealand senior management team by over half. Audio
Auckland house prices surge and expected to continue to rise
Infometrics sees the Auckland housing market heating up again, as pent up demand drives prices ever higher. Audio
Kathmandu isn't alone in suffering holiday season sales slump
An Australian-based analyst says Kathamandu isn't the only retailer to suffer from a slump in holiday sales in Australia, as others have also experienced a difficult season. Audio
Fonterra says dry weather behind drop in milk volume forecast
Dry weather has prompted Fonterra to further reduce its milk volume forecast for the current season by 3.3 percent. Audio
Silver Fern Farms posts a small profit
Silver Fern Farms has posted a small annual profit after two years of losses, which the company says shows the changes its making, are on the right track. Audio
Markets Update for 24 December 2014
A brief update of movements in the financial sector. Audio
Morning markets for 24 December 2014
Wall Street is heading into the holiday season with a bang. Audio
Kiwi Property buys Apex Mega Centre for $64 million
Kiwi Property Group has bought the Apex Mega Centre in Auckland for 64-million dollars. Audio
Kathmandu says Australia sales, gross profit down on last year
Kathmandu is warning that sales and profit margins in Australia are below last year's result, although it's doing better in New Zealand and the United Kingdom. Audio
NZ seen as a hotbed of new business activity
New Zealand is a hotbed of new business activity as a couple of United States-based start-up investors have discovered. Audio
Arvida shares begin trading on the NZX:above issue price
Arvida shares have begun trading on the New Zealand sharemarket at 97 cents -- a 2-cent premium to the issue price. Audio
Scales says it's on track to meet its full year guidance
The managing director of Scales, Andy Borland, says the Mr Apple crop is expected to meet or exceed volume estimates, while ongoing strength in the Asian and Middle East markets will more than offset… Audio
Goodman Property's sales strategy is ahead of expectations
Goodman Property Trust's asset-recycling strategy is going much better-than-expected, with strong demand for its properties. Audio
Blis Technologies censured and fined $30,000
The biotechnology company, Blis Technologies, has been censured by the Markets Disciplinary Tribunal and fined 30-thousand dollars for failing to share information with the market that did materially… Audio
Manufacturing activity falls in November
Manufacturing activity fell in November, but the indicators still point to solid expansion, for the 26th month in a row. Audio
FMA to focus on sales tactics used by financial advisors
The Financial Markets Authority will be keeping a close eye on the sales tactics used by financial services advisors, as part of a strategic plan to focus its limited resources on areas of great… Audio
Snakk says Nativo app give customers better ad options
Snakk Media has entered into a preferred partnership with the United States-based advertising app company, Nativo, which will improve the range of mobile advertising options it can offer its customers… Audio
Yealands Wine Group considering a listing on the sharemarket
A large New Zealand winery is considering a listing on NZX as part of a plan to fast-track its growth strategy. Audio