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Cavalier Corporation Ltd

Cavalier discloses impact of budget tax changes

Wellington, June 30 NZPA - Cavalier Corp Ltd said the benefit from the reduction in the corporate tax rate in the Government's budget will be more than offset by the impact of the removal of the ability to depreciate buildings and the removal of a depreciation loading for certain assets.

NZ sharemarket falls early

NZ sharemarket falls early
Wellington, June 17 NZPA - The New Zealand sharemarket fell in early trading, after weak United States housing data raised risk aversion among investors. Around 10.15am the benchmark NZX-50 index was down 8.7 points to 3057.88, having gained 22.7 points yesterday.

NZ sharemarket punishes companies which disappoint

NZ sharemarket punishes companies which disappoint
Wellington, May 27 NZPA - The New Zealand sharemarket fell to its lowest level in 10 months during a mixed session in which companies reporting disappointing results were punished.

NZ sharemarket falls early

NZ sharemarket falls early
Wellington, May 27 NZPA - The New Zealand sharemarket fell to its lowest level in 10 months in early trading. Shares in Mainfreight fell 14c to 585 after it reported a 2.5 percent rise in full-year net profit, while total sales fell by 10.5 percent.

NZ sharemarket ends higher as investors eye Telecom's future

Wellington, May 25 NZPA - The New Zealand sharemarket opened flat after euro zone turbulence kept investors in the United States wary of taking on risk. Around 10.20am the benchmark NZX-50 index was down 2.39 points to 3058.84, after yesterday closing up 11.1 points.

NZ sharemarket tumbles early

NZ sharemarket tumbles early
Wellington, April 28 NZPA - The New Zealand sharemarket tumbled in early trading in the wake of falling equities around the world as downgrades of Greece and Portugal fuelled fear about euro-zone economic stability.

NZ sharemarket down early

NZ sharemarket down early
Wellington, April 22 NZPA - The New Zealand sharemarket was down in early trading as leading stocks Fletcher Building and Telecom both slipped.

NZ sharemarket edges up early

NZ sharemarket edges up early
Wellington, April 9 NZPA - The New Zealand sharemarket edged ahead in early trading with Pike River Coal advancing again, to a five-month high.

Profit-Takers hit NZ shares, Infratil continues to rise

Profit-Takers hit NZ shares, Infratil continues to rise
Wellington, March 30 NZPA - The New Zealand sharemarket slipped a little today, despite a solid gain for top stock Telecom and continued support for infrastructure investor Infratil.

NZ Sharemarket Gains Early

Wellington, March 17 NZPA - The New Zealand sharemarket gained in early trading following a rally by stocks in the United States, after the US Federal Reserve kept monetary policy unchanged, with a nod to an improving economic recovery.

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