BusinessDesk

BusinessDesk


NZ dollar gains after Australian inflation faster than expected ** Quattro IPO back on, as it halves NZ property portfolio, cuts capital raise by 28% ** NZ Super Fund encouraged to bed in changes, set up derivatives policy ** MARKET CLOSE: NZX 50 rises to record, led by Xero, Nuplex as volatility abates ** Vector warns on $80 mln hit from falling electricity consumption, CEO says ** Orion private placements provide clue for IPO price ** Fletcher shares drop to 2014 low as investors sell on guidance ** James Pascoe increases stake in out-of-favour Warehouse to 6.3% ** CORRECT: ACC annual profit more than halves as claims mount, investment returns disappoint ** Xero eyes possible A$1 billion float in US, media reports ** Jimmy Koh, KVB Kunlun fined $65,000, censured for NZX rule breaches over Z, other IPOs ** Seeka sees annual profit growth of up to 11%, planning for beefed-up capacity ** UPDATE: Nuplex shares rise 3.9% on A$127.5 sale of ANZ units to CHAMP backed company ** Second judgment in Motor Trade Finance fees case leaves open further work ** NZ dollar falls amid speculation ECB will inject more stimulus ** While you were sleeping: US housing recovers ** MARKET CLOSE: NZ shares extend gains; Contact, Trustpower gain, F&P at record ** NZ dollar holds gains as Chinese data beats estimates, narrow trading range seen ** Power companies face ban on "saving' departing customers ** Cavalier and NZ Wool Services to merge wool scouring businesses **

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