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Michael Hill

Michael Hill profit down 60 percent

Michael Hill profit down 60 percent
Wellington, Aug 20 NZPA - Jewellers Michael Hill International today announced a 60 percent fall in after tax annual profit to $26.51 million, on 7.6 percent higher operating revenue of $443.33m.

Michael Hill profit down 60 percent

Michael Hill profit down 60 percent
Wellington, Aug 20 NZPA - Jewellers Michael Hill International today announced a 60 percent fall in after tax annual profit to $26.51 million, on 7.6 percent higher operating revenue of $443.33m.

NZ sharemarket dives, bad news flows

NZ sharemarket dives, bad news flows
Wellington, Aug 12 NZPA - The New Zealand sharemarket dived today as fear gripped global markets, and further bad news from Allied Farmers and a bleak outlook statement from Steel and Tube added to investors' woes.

Telecom and Hallensteins up, and Allied Farmers down

Telecom and Hallensteins up, and Allied Farmers down
Wellington, Aug 9 NZPA - Shares in retailer Hallenstein Glasson continued to outperform the market today after a profit upgrade last week, while Allied Farmers shares traded at 3.5c each as investors wait for its future to be clarified.

NZ sharemarket closes flat but Hallenstein Glasson rises

NZ sharemarket closes flat but Hallenstein Glasson rises
Wellington, Aug 6 NZPA - Investors flocked to buy Hallenstein Glasson shares today after the operator of clothing chains forecast a big profit increase from managing its business well in a challenging trading environment.

NZ sharemarket falls, Kathmandu punished for disappointing

NZ sharemarket falls, Kathmandu punished for disappointing
Wellington, Aug 4 NZPA - Investors punished adventure wear retailer Kathmandu today for not obtaining the goals it set when selling shares last year.

NZ sharemarket posts solid gains after US market rises

NZ sharemarket posts solid gains after US market rises
Wellington, July 14 NZPA - The New Zealand sharemarket rose for its eighth trading day in nine after stocks in the United States rallied for a sixth straight day as the earnings season got off to a good start.

NZ sharemarket starts week positively on low volume

NZ sharemarket starts week positively on low volume
Wellington, July 12 NZPA - The New Zealand sharemarket posted modest gains on very low volume but brokers said it could be an interesting week with the US corporate reporting season getting under way.

NZ sharemarket slide continues for sixth consecutive session

NZ sharemarket slide continues for sixth consecutive session
Wellington, July 1 NZPA - The New Zealand sharemarket fell for its sixth consecutive session on continued weakness in offshore markets but the share price of fast food franchise operator Restaurant Brands rose after issuing a profit upgrade.

NZ sharemarket rises slightly, Nuplex gains

NZ sharemarket rises slightly, Nuplex gains
Wellington, June 9 NZPA - After hitting a 10-month low yesterday, the New Zealand sharemarket rose today with resins and chemicals supplier Nuplex Industries gaining 4 percent.