The following articles are sourced from The New Zealand Herald

World sharemarkets pause on Greece
Wed, 08 Feb 2012 07:48
Shares in Europe closed flat and US stocks were edging higher on hopes that Greek political leaders will agree on the terms needed to secure fresh bailout funds.Greek PM Lucas Papademos is holding new meetings with his political...

World shares drop as Greece frustrates
Tue, 07 Feb 2012 07:40
European Union leaders and investors alike grew ever more impatient with Greece's dillydallying on finalising agreements on the nation's debt reform measures needed to secure another bailout to prevent default.In early afternoon...

Andrew Gawith: Investors need to be mindful of hindsight
Tue, 07 Feb 2012 05:30
Ditching shares for bonds might not be best long term, writes Andrew Gawith, director at Gareth Morgan Investments. It's been a tough time for investors lately with the world's major sharemarkets struggling to produce any meaningful...

Stocks shake-up in wind as NZX looks to alter indices
Mon, 06 Feb 2012 05:30
The NZX is looking at changing the way it formulates its main indices, which could affect the price of some New Zealand's biggest stocks.The stock exchange operator released a consultation document in December on the methodology...

Facebook to cash in on mobile ads
Mon, 06 Feb 2012 05:30
Facebook is planning to announce that advertising will soon be allowed on its mobile apps, a move designed to bolster its flotation price.The social media group, which on Thursday filed for a US listing that could value it at as...

$1 billion Facebook fortune for Bono
Sat, 04 Feb 2012 05:30
Super-rich Irish rock star Bono is about to become even richer, thanks to Facebook.The initial public offering (IPO) of Facebook this week revealed that the shares Bono bought in the company three years ago could be worth about...

Mark Lister: Know when (and why) to buy, sell or hold 'em
Sat, 04 Feb 2012 05:30
Trying to navigate your way through the world of investment opportunities and risks is difficult even for the professionals. For everyone else, an added challenge to overcome is the confusing and overly complicated messages that come...

Warehouse cuts profit guidance, blames margin pressures
Fri, 03 Feb 2012 09:01
Warehouse Group, the country's biggest listed retailer, cut its guidance on adjusted profit for the current financial year, blaming a squeeze on margins in recent months.The retailer expects adjusted net profit of between $62...

Wall St revels in great January
Fri, 03 Feb 2012 07:44
It's been a great start to the year and investors found little reason to change much today, ahead of January's US jobs report due tomorrow.While Federal Reserve Chairman Ben Bernanke told lawmakers there were signs of improvement...

NZ shares follow overseas markets up in busy day
Fri, 03 Feb 2012 05:30
New Zealand shares rose, joining a global advance in equity markets on optimism world growth is reviving. Exporting manufacturers Fisher & Paykel Appliances and Methven led gainers even as the kiwi dollar climbed.The NZX-50 index...

Dollar on five month high on recovery signs
Fri, 03 Feb 2012 05:30
The New Zealand dollar rose to a new five-month high on optimism the global economy is reviving, giving investors more appetite for growth-linked assets such as the kiwi.The New Zealand dollar rose as high as US83.53c, the highest...

Stock takes: Briscoe on a roll
Fri, 03 Feb 2012 05:30
Briscoe Group continues to defy the gloom surrounding the retail sector.The homeware and sporting goods retailer posted a 4.7 per cent gain in fourth-quarter sales and said a strong finish to the year drove annual profit up at least...

Dairy, aluminium lead commodity price rise
Fri, 03 Feb 2012 05:30
New Zealand commodity prices rose for the first time in eight months in January, led by aluminium and dairy products.But the high kiwi dollar wiped out the benefits in local currency terms.The ANZ Commodity Price Index rose 1.2...

Facebook '$5b' share offer on
Thu, 02 Feb 2012 10:54
Facebook made a much-anticipated status update today: The internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.That means anyone with the right...

Xero taps major shareholders for $20m, buys rest of Max Solutions
Thu, 02 Feb 2012 10:47
Xero, the cloud-based accounting platform provider, raised $20 million in a placement to major shareholders and will offer new shares to other investors at the same price after electing to chase global revenue growth at the expense...

Briscoes tips 25pc annual profit boost
Thu, 02 Feb 2012 09:41
Briscoe Group is heading for a 2011/12 annual net profit of no less than $27 million, an increase of 25 per cent over previous year's, thanks to a strong sales performance, the retail chain said today.The company said its fourth...

Twist tipped in Facebook IPO
Thu, 02 Feb 2012 05:30
Facebook is expected to file today to sell stock on the open market in what will be the most talked-about initial public offering since Google in 2004, maybe since the go-go 1990s.Facebook will file plans with regulators to raise...

Can 'cocky' Zuckerberg run a Facebook IPO?
Wed, 01 Feb 2012 11:10
Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. "Cocky" is the word used to describe him most often, after "billionaire." He was Time's person of the year at 26.So when he takes Facebook public,...

Wall St down as news disappoints
Wed, 01 Feb 2012 07:30
Wall Street declined after reports on house prices, consumer confidence and business activity missed the mark, as did earnings by Exxon Mobil.In early afternoon trading in New York, the Dow Jones Industrial Average fell 0.52 per...

New NZX chief faces challenging times
Wed, 01 Feb 2012 05:30
The NZX's newly appointed chief executive will have a lot to "get his teeth into" when he starts in May, say market commentators.The stock exchange operator yesterday announced Singapore-based New Zealander Tim Bennett would replace...