Friday, 30 September 2016


Major Indices
NZX Top 5 by Value
FBUFletcher Building10.651,069,0080.121.11%
IAGFBIAG 15/06/2043 5.15% Insurance Australia99.60215,0000.400.40%
FPHFisher and Paykel Healthcare9.970605,4140.1301.29%
MELMeridian Energy Limited2.5901,389,5570.0301.15%
CNUChorus Limited Ordinary Shares3.83099,5970.1102.79%
Recent News
  • Fairfax to wind up staff pension schemes

    11:55 | 30/9/16
    Sept. 29 (BusinessDesk) - Fairfax New Zealand, the newspaper publisher seeking to merge with rival NZME, will wind up its two staff pension schemes today as dwindling membership coincided with multiple rounds of job cuts in recent years, while new ... more»
  • Singapore Airlines lifts 2016 profit in NZ

    11:53 | 30/9/16
    Sept. 30 (BusinessDesk) - The New Zealand branch of Singapore Airlines lifted annual profit by 63 percent as cheap jet fuel helped the airline fatten margins while reaping smaller passenger revenues.  more»
  • Aircastle Limited (NYSE:AYR) Expecting Mean EPS Of $0.53

    11:52 | 30/9/16
    Enterprise Leader
    Zacks is expecting EPS of $0.53 for Aircastle Limited (NYSE:AYR) for the year 2017. The median EPS is disclosed at $0.53. The estimate is based on 2 calls. more»
  • American Capital Ltd. (ACAS) Position Increased by Muzinich & Co. Inc.

    11:41 | 30/9/16
    Community Financial News
    Other institutional investors also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its position in American Capital by 9.7% in the first quarter. IFP Advisors Inc now owns 9,343 shares of the company's stock valued ... more»
  • Giesen Wines Awarded World’s Best Pinot Noir

    11:35 | 30/9/16
    30 September 2016 Giesen Wines Awarded World’s Best Pinot Noir Giesen Wines has been awarded the Champion Pinot Noir Trophy at the highly respected 2016 International Wine and Spirits Competition (IWSC), in the UK. Together with the Pinot Noir Trophy, ... more»
  • Companies embrace age of the connected vehicle

    11:32 | 30/9/16
    Universal application of driverless cars is some way off yet, but the 'connected vehicle' is already gaining widespread traction in New Zealand as the next best thing when it comes to managing driver behaviour, safety and productivity. more»
  • Restauranter seeks fellow investors

    11:30 | 30/9/16
    PIQUA, Ohio (WDTN) - Longtime businessman and restauranter John R. Irmscher is making his way to Piqua with the restaurant JT's Brew & Grill in tow - but he needs other investors to make it happen. Irmscher ... Irmscher explained that he also helped ... more»
  • NZ residential building consents fall for a second month

    11:30 | 30/9/16
    Sept. 30 (BusinessDesk) - New Zealand residential building consents fell for a second month as more permits for new houses couldn't offset a dip in the more volatile intentions to construct apartments and retirement village units.  more»
  • Real talk: The device translating any language

    11:28 | 30/9/16
    Ever wished there was a device that allowed you to understand foreign languages? Well, now there is. more»
  • Samsung under fire for exploding washing machine

    11:17 | 30/9/16
    Owners of the top-loader washing have described the explosion as "the loudest sound. It sounded like a bomb went off in my ear,".  more»
  • Auckland VIPs Celebrate First H&M New Zealand Store

    11:10 | 30/9/16
    Last night, Thursday 29th September 2016, H & M Hennes & Mauritz AB (H&M) unveiled its first New Zealand store, located at Sylvia Park Shopping Centre with an exclusive VIP launch event, ahead of the official public opening tomorrow October ... more»
  • The Australian dollar just took a hit

    11:07 | 30/9/16
    Business Insider Australia
    On the back of rising risk aversion and technical selling, the Australian dollar closed sharply lower in overnight trade. As was the case for stocks, the selling in the Aussie was primarily as a result of intensified concerns over German banking giant ... more»
  • Ensco plc Class A (ESV) Pops 2.82% for September 29

    10:56 | 30/9/16
    One of the S&P 500's big winners for Thursday September 29 was Ensco plc Class A ($ESV) as the company's stock climbed 2.82% to $8.38 on volume of 20.05 million shares. more»
  • Dwelling consents pass $10 billion

    10:53 | 30/9/16
    The annual value of building consents for new homes has reached $10 billion for the first time, Statistics New Zealand said today.  more»
  • Foundation research for economic development

    10:53 | 30/9/16
    The newly established Central Economic Development Agency (CEDA) is undertaking a foundation research project to inform strategy and ensure future activities are targeted.  more»
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