Company Overview and News

Petrol prices hit record levels on the road to $2.30 a litre

A petrol retailer claims little more can be done to make petrol cheaper at the pump. Prices in some parts of the country are at their highest levels at just under $2.30 a litre for 91 octane.

Shares gain as Ryman posts record profit

New Zealand shares rose as Goodman Property Trust's joint venture with GIC sold seven buildings in downtown Auckland, and as Ryman Healthcare chalked up another record profit. A2 Milk Co and Comvita fell.

Stock Takes: A2 fall shows NZ's frailty

A2 Milk's plunge on Wednesday shows just how exposed the New Zealand market can be to one stock.

Supermarket chain Foodstuffs admits facial recognition technology used in some stores

New Zealand's largest supermarket company has quietly rolled out facial recognition CCTV technology in some of its North Island stores.

Comment: Super Fund should not be Auckland's cash cow

Is an unexpected white knight riding into Auckland, weaving through the chronic congestion of a city bursting at the seams?

MARKET WRAP: NZ shares rise, Xero flies

Harbour Asset Management analyst Shane Solly says Westpac is still under pressure following the Royal Commission’s findings.

NZ shares mixed, A2 gains while Gentrack, Spark, bank stocks drop

New Zealand shares were mixed, with A2 Milk pulling the index up while Gentrack Group, Spark New Zealand and banking stocks dropped.

NZ shares rise, Z Energy gains after annual earnings

New Zealand shares gained, led by Z Energy following its annual results, with Chorus and Genesis also rising.

Z Energy thinks watchdog review would show competitive petrol pricing

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Z Energy lifts annual net profit 8% on extra Caltex contribution

Z Energy’s net profit rose 8%, although its preferred replacement cost result was up 16%, reflecting an extra two-month contribution from the Caltex business and an 18% jump in crude oil prices.

Z Energy's profit rises

The country's biggest fuel company, Z Energy, has reported a modest lift in its profit as competition and supply disruption partly offset increased sales and higher margins.

Z Energy $263 million profit a record for fuel retailer

Z Energy, the nation's biggest fuel retailer, has announced a $263 million profit for the 12 months ended March 31, 2018.

NZ shares dip; Kiwi Property, Fletcher drop

New Zealand shares fell slightly, despite a gain in energy stocks and ANZ Bank New Zealand rising on its first-half earnings.

NZ shares mixed ahead of Anzac Day holiday; A2, Synlait fall

New Zealand shares were mixed in light trading ahead of tomorrow's public holiday, with A2 Milk Co and Synlait Milk continuing to weaken while Fisher and Paykel Healthcare Corp rebounded and Fletcher Building extended gains.

Shares fall as investors weight up Fletcher rights issue

New Zealand shares fell as investors weighed up the impact of Fletcher Building's deeply discounted rights issue soaking up demand from the broader market. Auckland International Airport and exporters A2 Milk Co and Comvita dropped.

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