Guinness Peat Group stories
Guinness Peat Group, which is rebranding to UK threadmaker Coats after exiting its other investments, reported a 61 percent drop in annual profit afte.
New Zealand shares rose for a fourth day, closing at a new record, as a lack of profit warnings ahead of the earnings season reinforced confidence.
Guinness Peat Group has received a warning notice over its Coats Pension Plan from the UK Pensions Regulator over the level of support for the supe.
New Zealand shares joined in a global sell off, led by OceanaGold Corp and Fletcher Building, as investors were spooked by a falling oil price.
New Zealand shares fell from a record close paced by Meridian Energy, Precinct Properties New Zealand and Spark New Zealand, as the appetite for re.