Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million, of which $60 million is newly issued capital and $22 million is to purchase of shares from its three largest shareholders. The $22 million is split three ways between director Craig Winkler, chief executive Rod Drury, and co-founder Hamish Edwards, who …

Fonterra Shareholders’ Fund units soared as much as 22 percent on their NZX debut as investors leapt at the chance to get access to the dairy exporters’ earnings stream, though no farmers used the scheme to trade their own shares. The units jumped as high as $6.71 from the $5.50 offer price set in this week’s book-build in a flurry …

Energy Mad, which raised $5 million in an initial public offering last year to kick start sales of its energy-efficient light bulbs, widened its first-half loss after quality control issues in manufacturing a halogen bulb replacement for the Australian market. The shares dropped 8.5 percent. The loss was $500,000 in the six months ended Sept. 30, from a loss of …