The following articles are sourced from The New Zealand Herald

NZ sharemarket reverses weak start
Thu, 29 Jul 2010 20:41
The New Zealand sharemarket rallied from a weak start on a day in which investors watched the currency plunge and the official cash rate rise.When announcing the official cash rate was being lifted 25 basis points to 3 per cent,...

Dow ends 4-day win streak on Fed economic report
Thu, 29 Jul 2010 09:20
NEW YORK - US Investors cashed in some of their recent gains on Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.The Dow Jones industrial average fell almost 40 points after...

Low offer for AMP shares sparks alert
Thu, 29 Jul 2010 04:00
AMP shareholders are being warned about a company offering to pay less than half the current market value for their shares.Investors received a letter from a company called Share Buyers Pty on Monday offering to pay A$2.29 per...

Wrightson delays trust deed meeting
Thu, 29 Jul 2010 04:00
PGG Wrightson Finance has rescheduled a special bondholder meeting because not enough bondholders either turned up or sent proxies.The meeting yesterday was to consider a proposal to amend the trust deed for $100 million of NZDX-listed...

NZ sharemarket lifts
Wed, 28 Jul 2010 18:44
The sharemarket rose today, led by Telecom and Contact Energy, and reflecting strength in offshore markets on the back of strong US corporate earnings.The benchmark NZX-50 index closed up 13.755 points, or 0.457 per cent, at 3022.181....

NZ sharemarket lifts early
Wed, 28 Jul 2010 10:39
The sharemarket gained in early trading as leading share Telecom reversed most of its decline yesterday.Telecom shares were up 3c to 196 in the first few minutes after the market opened, having yesterday depressed the market when...

Tax changes hit THL profit
Wed, 28 Jul 2010 05:20
NZX-listed Tourism Holdings expects its annual net profit to decline by $940,000 as a result of Government tax changes to depreciation. THL will increase its deferred tax liability adjustment for the year ended June 30 as a result...

David Pauly : Wall St's narrow vision is hitting firms in the wallet
Wed, 28 Jul 2010 04:00
To understand why individual investors abandon the stock market, you only have to look at the indignities suffered last week by Amazon.com, McDonald's Corp and T. Rowe Price Group.All three reported second-quarter profits that...

Telecom dips on uncertainty over separation plans
Wed, 28 Jul 2010 04:00
The New Zealand sharemarket shed some of Monday's gains, despite rises in markets around the world.The benchmark NZX-50 index lost 12.76 points to close at 3008.43 yesterday.Depressing the market was Telecom's 2 per cent...

Olam confident of Uruguay profit
Wed, 28 Jul 2010 04:00
Olam International could make takeover target NZ Farming Systems Uruguay profitable within two years, says the Singapore-listed company.Vivek Verma, managing director coffee and dairy divisions at Olam, said some of NZ Farming...

Telecom leads NZ stocks down
Tue, 27 Jul 2010 18:20
The New Zealand sharemarket shed some of yesterday's gains, despite rises in markets around the world.The benchmark NZX-50 index lost 12.76 points to close at 3008.43, after yesterday's gain of 26 points.Depressing the market...

NZ sharemarket edges up early
Tue, 27 Jul 2010 10:55
The New Zealand sharemarket managed only minor gains in early trading, despite widespread rises in stocks around the world.Around 10.20am the benchmark NZX-50 index was up 0.2 points to 3021.38, having yesterday gained 26.3 per...

Wesfarmers and banks lift ASX
Tue, 27 Jul 2010 04:00
The Australian sharemarket closed higher yesterday, aided by strong sales data from Wesfarmers and buoyant banking stocks.The benchmark S&P/ASX200 index was up 27.7 points, or 0.62 per cent, at 4486.1 at the close, while the broader...

Retail fund investment drops amid global market uncertainty
Tue, 27 Jul 2010 04:00
The amount of retail funds under management in New Zealand shrank during the past quarter, says new research that partly attributes the decrease to global uncertainty.NZX subsidiary Fundsource says retail managed funds decreased...

Big shake-up expected at property trust
Tue, 27 Jul 2010 04:00
Investor activism has set the scene for a radical shake-up of the $191.2 million National Property Trust on Friday.Institutional investors and the wealthy Cushing family of Hawkes Bay have called for an overhaul of the trust's...

John Naughton : Apple's thinking too small for its rapidly growing boots
Tue, 27 Jul 2010 04:00
Over the past two months, Apple's market capitalisation (ie its value as measured by the stock market) averaged out at US$229.8 billion ($315.9 billion).The corresponding figure for Microsoft was US$215.9 billion. Yes, you read...

APN News, Rakon lead sharemarket higher
Mon, 26 Jul 2010 18:34
NZ sharemarket rises outnumber declinesThe New Zealand sharemarket had a broad-based rally today with the number of stocks rising nearly three times the number falling.The benchmark NZX-50 index closed up 26.283 points at...

Infratil manager in running to buy Port of Brisbane
Mon, 26 Jul 2010 13:26
Infratil's manager HRL Morrison & Co, which has a global infrastructure investment mandate from the New Zealand Superannuation Fund, is leading one of five groups bidding for the Port of Brisbane.The port is being sold by the...

NZ shares up in early trading
Mon, 26 Jul 2010 11:10
The New Zealand sharemarket rose in early trading with Fisher & Paykel Healthcare pulling itself off a nine-month low and Rakon reaching its highest level since early May.Around 10.20am the benchmark NZX-50 index was up 5.75 points...

Fears bank stress tests too weak
Mon, 26 Jul 2010 04:00
European regulators have found seven banks need to raise a combined ?3.5 billion ($6.2 billion) of capital, leading analysts to think the stress tests may not have been strict enough."The amount of capital needed is much lower...