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Sam Morgan trims holding in Xero to below 5 percent as stock charts record highs

Sam Morgan, who made his fortune when Trade Me was sold to Fairfax Media, has trimmed his holding in Xero, taking advantage of a share price that has soared by 179 percent this year. mac os x 10.4 download Morgan, a director of Xero, sold 1 million shares at $7.40 apiece in an off-market transaction to New Zealand institutions. The …

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NZ economy grows 0.2 percent in 3Q as construction provides buffer; kiwi drops

The New Zealand economy grew at a slower pace than expected in the September quarter as increased building activity provided a buffer from deteriorating mining, agricultural and manufacturing sectors. The kiwi dollar fell on the report. Gross domestic product grew 0.2 percent to $36.28 billion in the three months ended Sept. 30, from a 0.3 percent pace in the June …

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Ron Brierley still selling out of GPG, rated ‘outperform’ by analysts

Guinness Peat Group founder Ron Brierley has sold another 5 million tranche of shares in the investment firm, even as it’s rated an average ‘outperform’ by analysts. autocad 2014 for sale The veteran corporate raider sold the shares yesterday at 47 Australian cents apiece for some A$2.35 million, or $2.95 million in New Zealand dollar terms, according to a statement …

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