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NZ sharemarket rises as offshore markets post gains

NZ sharemarket rises as offshore markets post gains
Wellington, Oct 14 NZPA - The New Zealand sharemarket started well and pushed on as world markets rallied and brokers talked of a building momentum.

NZ sharemarket starts well

NZ sharemarket starts well
Wellington, Oct 14 NZPA - The New Zealand sharemarket had a solid start to the day after a strong overnight performance on world exchanges. About 10.15am the benchmark NZX-50 index was up 11.66 points to 3243.48, having edged up a little under 1 point yesterday.

Wattyl says it will take US paint-maker's offer

Wattyl says it will take US paint-maker's offer
Wellington, June 28 NZPA - Trans-Tasman paint company Wattyl has accepted an $A142 million ($NZ175m) cash takeover bid from United States paint giant the Valspar Corporation, although the deal will have to be approved by New Zealand's Overseas Investment Office.

NZ sharemarket turns lower after Telecom lowers guidance

NZ sharemarket turns lower after Telecom lowers guidance
Wellington, April 15 NZPA - The New Zealand sharemarket pushed ahead to its highest level in 19 months in early trading before turning lower after Telecom cut its earnings guidance for the 2011 to 2013 financial years.

Telecom on trading halt as NZ sharemarket rises early

Telecom on trading halt as NZ sharemarket rises early
Wellington, April 15 NZPA - The New Zealand stock market pushed ahead to its highest level in 19 months in early trading while market heavyweight Telecom was placed on a trading halt.

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