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First NZ Capital Limited

Delegat's to bid for rest of Oyster Bay

Delegat's to bid for rest of Oyster Bay
(Adds background and response) Wellington, Oct 18 NZPA - Delegat's Wine Estate Ltd is bidding to buy all of the shares it does not already own in Oyster Bay Marlborough Vineyards Ltd after receiving an approach from the independent directors of financially troubled Oyster Bay.

New Zealand sharemarket falls 1.5 percent

New Zealand sharemarket falls 1.5 percent
Wellington, Sept 30 NZPA - The New Zealand sharemarket was shaken today by a fall in Fletcher Building shares on disappointing building consent data in both Australia and New Zealand.

NZ stocks slip along with others on fragile recovery worries

NZ stocks slip along with others on fragile recovery worries
Wellington, Sept 24 NZPA - The New Zealand sharemarket slipped today as other markets weakened and investors fretted that the economic recovery is fragile. The benchmark NZX-50 index closed down 16.871 points, or 0.523 percent, at 3211.155.

NZ sharemarket little changed on Monday

NZ sharemarket little changed on Monday
Wellington, Sept 20 NZPA - The New Zealand sharemarket put in a flat performance on Monday ahead of key economic data this week, as Pike River Coal went looking for more capital and Greenstone Energy concluded a successful bond sale.

Greenstone raises $147 million in bond issue

Wellington, Sept 20 NZPA - Greenstone Energy Finance Ltd has raised $147 million from its bond sale to pay down bank funding when it acquired assets from Shell in April.

Fletcher Building, Steel & Tube lead NZ sharemarket higher

Fletcher Building, Steel & Tube lead NZ sharemarket higher
Wellington, Sept 6 NZPA - Fletcher Building, Steel & Tube and Cavalier Carpets shares soared and Tower shares plunged as investors assessed the implications of Saturday's destructive earthquake in Canterbury on the corporate sector.

Deutsche Bank to advise Fonterra on share trading

Wellington, Sept 2 NZPA - Fonterra has appointed First NZ Capital-Credit Suisse and Deutsche Bank-Craigs Investment Partners to advise it on creating two new markets, one to allow farmer-shareholders to trade shares among themselves, and another to allow indirect public investment in the co-opera

NZ sharemarket rises slightly, reverses earlier weakness

NZ sharemarket rises slightly, reverses earlier weakness
Wellington, Aug 24 NZPA - The New Zealand sharemarket edged higher today with the help of strength in Fletcher Building and other leaders. The focus is also turning to mid-cap stocks, with many due to report later this week, particularly on Thursday.

NZ sharemarket ends slightly firmer amid earnings reports

NZ sharemarket ends slightly firmer amid earnings reports
Wellington, Aug 19 NZPA - The New Zealand sharemarket ended slightly firmer today as it braced for earnings reports from Telecom, Contact Energy and Sky Television tomorrow.

NZ sharemarket eases but outperforms other markets

NZ sharemarket eases but outperforms other markets
Wellington, Aug 11 NZPA - The New Zealand sharemarket managed to outperform weak offshore markets to end just a touch lower today.

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