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Nzx

NZX Looks At Allocation Of Regulatory Functions

NZX Looks At Allocation Of Regulatory Functions
Wellington, Aug 24 NZPA - Stock exchange operator NZX is raising the possibility it could step back from some of its regulatory and supervisory functions.

NZX First Half Profit Leaps On Asset Sales, Derivatives Eyed

NZX First Half Profit Leaps On Asset Sales, Derivatives Eyed
Wellington, Aug 7 NZPA - Sharemarket operator NZX is confident there will be demand for its proposed dairy futures contracts. NZX today said net profit for the six months to the end of June 30 was $60.76 million, up from $4.97 million a year earlier.

NZ Sharemarket Edges Up In Early Trading

NZ Sharemarket Edges Up In Early Trading
Wellington, Aug 7 NZPA - The New Zealand sharemarket edged higher today with market operator NZX in the limelight with a strong earnings result. The earnings season here kicks off in earnest next week with Fletcher Building reporting on Wednesday and Contact Energy on Friday.

NZX First Half Profit Leaps On Asset Sales

NZX First Half Profit Leaps On Asset Sales
Wellington, Aug 7 NZPA - A big jump in sharemarket operator NZX's half year profit is largely attributed to gains on the sale of both TZ1 Registry and the company's stake in the Bond Exchange of South Africa (BESA).

Kingfish Sees Market Positives

Kingfish Sees Market Positives
Wellington, Aug 4 NZPA - For the first time in a long time the June quarter saw share market behaviour and economic behaviour not joined at the hip, says small cap investor Kingfish.

IRG Breaches Covenants, Needs $500,000, In Talks With Bankers

IRG Breaches Covenants, Needs $500,000, In Talks With Bankers
Wellington, Aug 5 NZPA - Investment adviser Investment Research Group (IRG) has breached its banking covenants and needs to raise about $500,000. The company was negotiating with its bankers, who had advised they did not propose to take action at this time, IRG said.

Fonterra Chairman Says Too Much Being Read Into NZX Decision

Fonterra Chairman Says Too Much Being Read Into NZX Decision
Wellington, July 27 NZPA - Fonterra chairman Henry van der Heyden says too much is being read into his decision, announced on Friday, to step down from the board of sharemarket operator NZX.

Fonterra Chairman Wants "Clear Air"

Fonterra Chairman Wants "Clear Air"
Wellington, July 24 NZPA - Fonterra chairman Henry van der Heyden says he wants "as much clear air as possible" when Fonterra comes out with its next bid to re-jig the cooperative's capital structure.

Fonterra Chairman Van Der Heyden Resigns From NZX Board

Fonterra Chairman Van Der Heyden Resigns From NZX Board
Wellington, July 24 NZPA - Fonterra chairman Henry van der Heyden has resigned as a director of stock exchange operator NZX to remove any perceptions of potential conflict of interest.

NZ Sharemarket Falls In Lacklustre Trading

NZ Sharemarket Falls In Lacklustre Trading
Wellington, July 13 NZPA - The New Zealand sharemarket got off to a quiet start to a week that is expected to be lacklustre. The turnover was a $79 million worth of shares, of which $22.3m was in Fletcher Building.

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