BusinessDesk

BusinessDesk


MARKET CLOSE: NZ shares rise, led by Coats; Nuplex gains on dividend lift ** NZ wool prices jump to multi-year high at auction, amid strong exporter demand ** NZ dollar heads for 1.2% weekly decline as rate cuts considered ** NZ consumer confidence slips in May ** UPDATE: Comvita lifts FY profit 28% to record as Asian tourists help drive sales growth ** Hellaby buys auto parts, truck servicing businesses for 'less than $25M' ** Gap between benefits and low waged workers had got too large, English says ** Serko's annual loss widens, targets profitability in 2017 ** UPDATE: Ryman posts 24% gain in annual profit as property values, sales increase ** Comvita lifts annual profit 28 percent, beating expectations ** Commerce Commission says Christchurch Airport still targets excessive return ** Nuplex boosts dividend 28%, lifts payout range ** Coats says rising sales in early 2015 affirm outlook for stable annual profit ** NZ dollar drops to 4-year low vs. British pound after upbeat retail data ** Scutts found guilty of fraud after accepting kickbacks in wine industry ** NZ dollar holds near bottom of range as rate cut eyed; Fed speakers loom ** RESEND2: MARKET CLOSE: NZ shares rise; DNZ gains; Spark drops; Chorus at 2.5 year high ** FMA probes Arena Capital, operating as BlackfortFX, amid crackdown on FSPR firms ** NZ credit ratings unaffected by government's 2015 budget ** Govt warns KiwiRail that hundreds of millions in annual support can’t last **

Pattrick Smellie

021 588 203

pattrick@businessdesk.co.nz

Pattrick Smellie

Jonathan Underhill

027 466 0366

jonathan@businessdesk.co.nz

Jonathan Underhill

Paul McBeth

027 714 3344

paul@businessdesk.co.nz

Paul McBeth

Tina Morrison

021 213 2426

tina@businessdesk.co.nz

Tina Morrison