Stock Exchange stories
Utilico Investments sold $30.7m of Infratil shares as prices soared, reducing its stake to 6.9% amidst a market high not seen since 2007.
Lenovo has exited takeover discussions with IBM over the valuation of IBM's X86 server business, refusing a USD $6 billion offer.
Tony Falkenstein, founder and majority owner of Just Water International, will take over as head of the water cooler and supplies business after ch.
Pyne Gould Corp, which lost one of its New Zealand resident directors in July, was censured and fined by the stock exchange disciplinary body for b.
TruScreen, which develops a cervical cancer screening system, plans to join the small-cap NZX Alternative Market next week in a compliance listing.
New Zealand shares fell, paced by Spark New Zealand and Fletcher Building, snapping 12 consecutive days of gains as some investors looked to book r.
JB Hi-Fi reports slight sales growth in New Zealand, with total sales rise of 5.3% across Australia and New Zealand.
NZX recovers after a 3-hour glitch, marking its second shutdown this month, raising concerns over its operation stability.
NZX trading halted due to an IT issue, marking the second major outage this year as investigations are underway.
Smartphone and tablet advertising specialist expands NZ presence with new Auckland office and executive appointment.
