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NZ sharemarket rises early

NZ sharemarket rises early
Wellington, Sept 21 NZPA - The New Zealand sharemarket rose in early trading after a strong showing by equities in the United States. Fletcher Building shares pushed up 6c to a five-month high of 856, while Cavalier Corp pushed up 9c to 319 -- its highest level in nearly three years.

IBM and KiwiRail announce $3m software deal

IBM and KiwiRail announce $3m software deal
Wellington, Aug 30 NZPA - KiwiRail and IBM have signed a $3 million management software deal, the companies announced today.

Market improves but credit crisis effects continue - GPT

Market improves but credit crisis effects continue - GPT
Wellington, May 11 NZPA - Goodman Property Trust is seeing the property market improve, but expects the effects of higher interest costs and lower property valuations to hit earnings this year.

Integral buys Axon for up to $18m - analyst

Integral buys Axon for up to $18m - analyst
Wellington, May 4 NZPA - New Zealand company Integral Technology Group has bought fellow privately owned information technology Axon Computer Systems for as much as an estimated $18 million.

Property Listings Hurt By Tax Speculation

Property Listings Hurt By Tax Speculation
Wellington, Jan 21 NZPA - The prices of listed property trust fell today after the Tax Working Group yesterday recommended the Government consider a land tax and removal of depreciation allowances on buildings.

NZ Sharemarket Claws Way Back Up After Early Dip

NZ Sharemarket Claws Way Back Up After Early Dip
Wellington, Jan 21 NZPA - The New Zealand sharemarket started the day with a dip but within a few minutes had clawed its way back to even, as Fletcher Building turned positive from an early deficit.

NZ Shares Rise, PGG Wrightson Up On Securing New Shareholder

NZ Shares Rise, PGG Wrightson Up On Securing New Shareholder
Wellington, Oct 16 NZPA - The sharemarket ended a busy day higher with plenty of corporate activity for investors to digest and the prospect of an initial public offering on the horizon.

NZ Sharemarket Opens Week On Positive Note

NZ Sharemarket Opens Week On Positive Note
Wellington, July 20 NZPA - The New Zealand sharemarket started the week with a modest gain on modest volume. A positive international backdrop is helping sentiment but the market continues to be in wait-and-see mode for the local corporate earnings season.

NZ Sharemarket Opens Week With Modest Gain

Wellington, July 20 NZPA - The New Zealand sharemarket started the week with a modest gain, despite an early drop by Fletcher Building shares. Fletcher was down 3c early to 680, while among other leading shares Contact Energy lifted 6c to 589 and Telecom was unchanged on 271.

Telecom Edges Ahead In Flat Market

Telecom Edges Ahead In Flat Market
Wellington, April 29 NZPA - Leading stock Telecom managed to edge ahead in early trade, after reaching an 11-week intraday high yesterday. In the first few minutes today, Telecom gained 1c to 272, having yesterday got as high as 273.

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