Business News

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Business in brief for 30 May 2016

12:26 PM.Sealegs turns a profit; Turners reports higher pre-tax profit; Moa Group cuts full-year losses on improving sales.

Midday Markets for 30 May 2016

12:24 PM.For the latest from the markets we're joined by Brad Gordon at Macquarie Private Wealth.

NZ companies waste billions each year

12:22 PM.New Zealand companies are being urged to review and rethink their administrative systems to save time and money.

Research indicates NZ and Australian housing markets are one

12:20 PM.Economists have been pondering the implications of some research suggesting that the New Zealand and Australian housing markets are one in the same.

Hellaby Holdings' earnings expected to take a hit

12:18 PM.The diversified investment company, Hellaby Holdings, says its full-year earnings will be below previous guidance due to volatility in the oil and gas sector.

Stride Property's full-year net profit rises 34%, rents up 21%

12:17 PM.The commercial office, retail and industrial properties investor, Stride, has seen its full-year net profit rise by more than a third, reflecting increased property values and rents.

Markets Update for 30 May 2016

8:31 AM.A brief update of movements in the financial sector.

Business briefs

6:59 AM.The Australian newspaper is suggesting the chief executive of Fonterra Theo Spierings is about to leave the co-operative.

Morning markets for 30 May 2016

6:58 AM.Wall Street ended higher on Friday after Janet Yellen's comments and revised figures for economic growth.

Week ahead May 30-June 3

6:58 AM.Another solid week of events and activity.

Jim Parker in Australia

6:55 AM.As our man in Sydney, Jim Parker, reports, the debate in the prolonged election campaign is not about surpluses but who's got the bigger deficit.

Tax changes could be a disincentive for staff share schemes

6:53 AM.A tax specialist says proposed changes aimed at simplifying the way employee share schemes are taxed could end up saddling shareholders with a big tax bill somewhere down the road.

NZ companies waste billions each year

6:50 AM.New Zealand companies are throwing away billions of dollars a year on pointless, unproductive and unnecessary administration according to a study released this morning.

Early Business News for 30 May 2016

6:21 AM.A brief update of movements in the financial sector.

Midday Markets for 27 May 2016

12:25 PM.For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.

Fonterra dragged into Australian election campaign

12:23 PM.Australia's marathon election campaign has included claims New Zealand's Fonterra and Australia's major dairy co-op have been exploiting suppliers.

New futures contract an improvement - PwC

12:21 PM.A new fresh milk futures and options contract being launched today by the sharemarket operator, NZX, offers large and small dairy farmers a way to mange milk price volatility.

Trilogy's full-year profit and sales more than double

12:19 PM.The skin care and fragrance company, Trilogy International's full-year net profit has more than doubled, driven by strong growth in international markets, while its Trans-Tasman business exceeded expectations.

Fisher & Paykel Healthcare posts record profit and revenue

12:17 PM.One of the country's biggest manufacturers, Fisher & Paykel Healthcare, has had a bumper year, with a record full-year profit and revenue.

Markets Update for 27 May 2016

8:29 AM.A brief update of movements in the financial sector.

Morning markets for 27 May 2016

6:58 AM.The sharemarket operator, NZX, is stepping up its efforts to find out what's going on behind unusual movements in share prices.

NZX steps up investigation into unusual price movements

6:57 AM.The sharemarket operator, NZX, is stepping up its efforts to find out what's going on behind unusual movements in share prices.

Sanford optimistic about growth ahead

6:55 AM.The listed fishing company, Sanford, is optimistic about growth ahead, but says the weather remains a key headwind.

Mainfreight sees strong sales and profit margins continuing

6:53 AM.One of the country's biggest transport firms, Mainfreight, sees continued growth in revenue and profit after reporting a strong full-year result.

No surprises budget stirs few business passions

6:50 AM.The government's budget fulfilled most business expectations offering no surprises, sticking to a consistent and middle of the road approach to spending and economic management.

Early Business News for 27 May 2016

6:21 AM.A brief update of movements in the financial sector.

Evening Business for 26 May 2016

5:36 PM.News from the business sector, including a market report.

NZX says it is changing the way it deals with share prices

12:26 PM.The sharemarket operator, NZX, is changing the way it deals with unusual movements in share prices.

More company results

12:25 PM.There've been a number of other company results and announcements today.

Midday Markets for 26 May 2016

12:23 PM.For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners

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