Investors stories - Page 7
Tweaked Connor ownership soothes regulator's concerns in Acurity takeover
Fri, 19th Dec 2014
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healthtech
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commerce commission
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regulation
The Commerce Commission has signed off a takeover bid for Acurity Health Group by its three biggest shareholders after tweaks to the holding compan.
NZ dollar edges up after Swiss National Bank imposes negative rates
Fri, 19th Dec 2014
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travel
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new zealand dollar
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nz dollar
The New Zealand dollar edged up after the Swiss National Bank imposed negative deposit rates in a bid to keep a cap on the nation's currency, leavi.
Crown Asset Management discontinues South Canterbury Finance claim
Thu, 18th Dec 2014
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government
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financial markets authority
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serious fraud office
Crown Asset Management, the government entity set up to wind down the remaining assets of finance companies that called on the retail deposit guara.
Connor Healthcare tries again for Acurity takeover
Wed, 17th Dec 2014
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healthtech
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commerce commission
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wellington hospital
The three biggest shareholders of Wellington hospital owner Acurity Health Group have put a second application to the Commerce Commission, reducing.
FMA leaves civil claim against SCF to Crown Asset Management
Wed, 17th Dec 2014
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government
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financial markets authority
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serious fraud office
The Financial Markets Authority won't chase South Canterbury Finance in a civil claim, saying it can't justify the cost of doing so and leaving it.
'We're not going away,' says seabed miner, as EPA appeal dropped
Fri, 12th Dec 2014
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chatham rock phosphate
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environmental protection authority
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epa
Would-be seabed miner Trans-Tasman Resources has dropped its appeal against its rejected proposal to vacuum ironsands off the ocean floor far offsh.
SCF's Sullivan sentenced to 12 months' home detention, 400 hours community work
Fri, 12th Dec 2014
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ministry of justice
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nz government
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investors
Former South Canterbury Finance director Ed Sullivan, the only person convicted in the Crown's fraud case against the Timaru-based lender, has been.
FMA to focus on 7 key market risks, including insurance mis-selling
Thu, 11th Dec 2014
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nzx
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insurance
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transparency
The Financial Markets Authority has seen an increasing number of complaints regarding insurance sales and is undertaking more work to assess the s.
NZ dollar gains amid yen strength ahead of Reserve Bank rate decision
Thu, 11th Dec 2014
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inflation
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kiwi
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growth
The New Zealand dollar gained as investors eschewed riskier assets in favour of the safe-haven yen, while locally traders await the Reserve Bank de.
NZ dollar falls to new 2 1/2-year low as Fonterra payout review looms
Tue, 9th Dec 2014
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kiwi
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hospitality
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farming
The New Zealand dollar fell to a two-and-a-half year low as investors wait for Fonterra Cooperative Group's board to reassess the forecast payout t.
NZ dollar drops to 2 1/2 year low as Fonterra, RBNZ loom; strong US jobs
Mon, 8th Dec 2014
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kiwi
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farming
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investors
The New Zealand dollar dropped to a two-and-a-half year low as investors mull the likelihood of a lower dairy payout when Fonterra Cooperative Grou.
Auckland housing market values rise 5 percent in three months
Thu, 4th Dec 2014
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investors
The latest Qotable Value residential housing sales figures further confirm the Auckland housing market is kicking off again, with values in some ar.
UPDATE: Chorus shares jump after regulator lifts access pricing
Tue, 2nd Dec 2014
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uc
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telco
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ufb
Shares of Chorus, the regulated telecommunications network operator, jumped as much as 17 percent after the Commerce Commission lifted the prices i.
NZ dollar gains, benefiting from weakness in other currencies
Thu, 27th Nov 2014
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kiwi
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investors
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currencies
The New Zealand dollar rose as investors look to exit currencies where central banks may continue with low interest rates and money printing progra.
MARKET CLOSE: NZ shares fall; Meridian, Genesis, MRP decline
Mon, 24th Nov 2014
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power / energy
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healthtech
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nzax
New Zealand share fell, paced by Meridian Energy, Contact Energy and MightyRiverPower as some investors looked to crystalise recent gains.
Arvida Group raises $75 million in IPO
Fri, 21st Nov 2014
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integration
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growth
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demand
Arvida Group, the new retirement village operator, has raised the full $75 million sought through an initial public offering following strong deman.
NZ dollar advances as some investors see declines as good buying
Fri, 21st Nov 2014
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kiwi
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expansion
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investors
The New Zealand dollar rallied to USD $0.7874 as investors saw the earlier declines as a buying opportunity, buoying the trade-weighted index.
Armillary, Crowdcube granted crowd funding licence by FMA
Tue, 18th Nov 2014
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pledgeme
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renaissance
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snowball effect
The Financial Markets Authority has licensed Armillary Capital's equity crowd funding platform, Crowdcube, adding competition to the new capital ra.
PledgeMe taps its crowd for $50,000 to fund staff and mobile site
Tue, 18th Nov 2014
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shares
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revenue
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investors
PledgeMe, the equity crowd funder, is using its own platform to raise as much as $100,000 to grow its staff and build a mobile-friendly website.
Rest home operator Arvida to raise $80 million in IPO
Mon, 17th Nov 2014
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all blacks
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shares
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fy
Arvida, the retirement village operator formerly known as Hercules, has issued a prospectus for an initial public offer to raise $80 million for a.