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MediaWorks and Fairfax NZ settle with Sky TV over copyright dispute

Free-to-air broadcaster MediaWorks Investments and publisher Fairfax New Zealand have settled with pay-TV operator Sky Network Television over a copyright dispute, leaving state-owned broadcaster Television New Zealand and NZX-listed NZME still defending the claim. (7-0)

NZX50 runs away with 22 per cent gain in 2017

New Zealand shares dipped in the final trading day of 2017 on lacklustre holiday volumes, rounding out a 22 per cent annual gain for the benchmark index in what's been a stellar year for a2 Milk Co. (17-1)

Sharemarket slips in thin holiday trade

New Zealand shares slipped in thin holiday trading as appetite declined for companies offering attractive dividend yields, such as regulated utilities Chorus and Genesis Energy and pay-TV operator Sky Network Television. (23-1)

NZ shares edge up as NZX leads late recovery, Air New Zealand falls

New Zealand shares edged up to a new record, led by stock market operator NZX and as investors changed their tune on a2 Milk Co late in the day. Air New Zealand fell on disappointing monthly metrics. (31-0)

Microsoft NZ lifts profit 15 per cent to $14 million

Microsoft New Zealand lifted annual profit 15 per cent as the local arm of the world's biggest software developer boosted sales of its consulting services, while its smaller rival Oracle New Zealand sank into the red after booking an impairment charge. (5-0)

Australian fund manager to boost Chorus stake up to 15 per cent

Australian fund manager L1 Capital has been granted approval to boost its Chorus stake to as much as 15 per cent by the Crown. (5-0)

Spark leads sharemarket higher

New Zealand shares rose, led higher by Fletcher Building and Spark New Zealand, while A2 Milk Co and Kathmandu Holdings weakened. (26-0)

Nyriad and Revera join forces to provide NZ organisations with blockchain technology

Cambridge-based start-up Nyriad has joined forces with Spark New Zealand's cloud service provider Revera to pilot a programme for Kiwi organisations to manage sensitive data using blockchain technology. (5-0)

Sharemarket edges lower amid quiet trading

New Zealand shares edged lower in quiet trading as investors weighed up the mixed messages from Wall Street on Friday and NZX's trading platform suffered an outage late in the day. Synlait Milk declined ahead of an investor update this week. (19-0)

NZ shares gain with Fletcher 'bargain-hunting'; Sky TV falls, Orion Health hits record low

New Zealand shares gained, with Fletcher Building rising as investors were lured back after its recent weakness, while Orion Health Group hit a record low. (15-0)

Communication Services Top Gain Stocks Are Consolidated, CenturyLink, And China Mobile Per Broker November Targets

2017-11-28 seekingalpha
Gains in telecom came home this month like long lost runaways as overseas firms stood down per analyst 1yr. targets. (41-0)

NZ shares gain, Ryman hits record

New Zealand shares rose as Ryman Healthcare climbed to a new record after last week's strong earnings result, while upcoming index reweightings stoked demand for Fisher & Paykel Healthcare while weighing on Contact Energy. (28-0)

Mercury and Genesis lead market higher, as Air NZ slides

New Zealand shares rose, led higher by gains from Mercury New Zealand and Genesis Energy, while Xero was flat on news that its chief executive had sold 15 per cent of his stake in the company. (15-0)

Investors take profits on top milk stocks

New Zealand shares fell as A2 Milk and Synlait Milk, the best-performing companies on the benchmark index this year, extended their decline amid speculation investors who enjoyed the run-up are now booking profits. (27-2)

Spark faces a number of 'big decisions' in rapidly changing environment

Spark New Zealand's board will have to make a number of "big decisions" in a rapidly changing environment as the country's biggest telecommunications firm overhauls itself to put customers front and centre, says chair Justine Smyth. (5-0)

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