Broker gives evidence in market manipulation trial.
CBL raises millions in share placement
Capital raise came less than a year after raising $90m at IPO. With special feature audio.
Equity crowdfunding site folds in market shake-up
A second platform closes its doors but is offering the company shell for sale.
Hellaby MD warned his company could become a takeover target
When Bapcor’s $322.5 million takeover bid landed, Hellaby Holdings’ managing director Alan Clarke had been on a road show telling people his company’s share price was too low.
Editor's Insight: More women executives are 'leaning in' to close gender gap
But their demands for promotion and more pay are also likely to receive more pushback.
Pumpkin Patch loss widens 71% as sales slide, debt mounts
Pumpkin Patch's annual loss widened by 71% as the revenue sank with store closures.
Goldman Sachs details trading with ‘Ming’
High Court hears evidence from Goldman director Duncan Rutherford in market manipulation case against Mark Warminger.
While you were sleeping: Financial stocks slide
Wall Street dropped, with financial and health care stocks leading the way.
NZ dollar falls as fears over bank stocks weigh on US equities
The New Zealand dollar followed stocks on Wall Street lower as several hedge funds scaled back their business with Deutsche Bank.
Vector sees early interest in peer-to-peer energy trading platform
Simon Mackenzie says there has been early interest from both buyers and sellers in the peer-to-peer energy trading platform that it's trialling in New Zealand
Don't wait for mandatory data breach disclosure law: Privacy Commissioner
John Edwards on a two-tiered disclosure regime that will soon be a legal requirement. Plus: lessons from the latest Yahoo/Xtra Mail hack.
Christchurch council company meets first deadline for capital 'release'
Christchurch City Holdings Ltd has met its target under the city's long-term strategy by paying a $90 million dividend
Featured Comment:
Wasn't it the current Government and their coalition partner Rodney Hide who created this experiment and monster - not Brown? Big is not always best
Featured Comment:
Agree that one day we'll all need 1 gigabit/s or faster connections. Maybe in two, three or five years. But not everyone is going to want to pay a premium for it in the meantime.
Featured Comment:
Well if pigs can fly they will need a runway to land.
Featured Comment:
I am not a particular fan of Devoy but she does not shoot from the hip to nearly the extent that "Saymore" does.
Editor's pick
NBR BUSINESS PULSE
Business
Dollar little changed as Fed officials fail to give new direction
Chicago Fed president Charles Evans says US monetary policy isn't as loose as some market commentators assert
Property
JLL welcomes new head of Property and Asset Management
JLL has welcomed Richard Paul to its Auckland office as head of Property and Asset Management.
Banking & Finance
Hellaby board sees 'significantly' more value in company than Bapcor's $322.5m bid, managing director says
Hellaby Holdings' board sees more value in the "opportunistic" $322.5 million takeover bid on the table from Australia's Bapcor, managing director Alan Clarke says.
Game set and nearly match to the bidder. With 30% locked up it won't be too difficult to get another 20.5% to get above 50% or higher.
If CS did $28m in 7.5 months then assuming some seasonality (xmas etc) then one expects it would add say $15m for the other 4.5 months.
This makes getting to $100m basically standing still.
Technology
Politics
Need for big RMA overhaul – business groups
Local government's attempts at ensuring good environmental outcomes under the RMA "variable and often poor."
Law & Courts
Media
Sky will take a gamble and put Westworld, aka 'the next Game of Thrones' on Neon
Pay TV broadcaster balances cannibalisation fear with need to reach out to the download generation. With special feature audio and video.
I think Susan should stick to what she does best: squash.
When does her tenure expire??
Appointments
JLL announces new leadership role for valuer
JLL has announced the appointment of Dale Winfield to a leadership role within the Valuations and Advisory team.
NBR Rich List
People Scene
Appointments
NBR Special Report
