New Zealand corporate earnings may fall short of investors’ expectations with the reporting season for June balance dates bearing down next month. Locally-listed companies’ valuations may start coming off the boil as the price-to-earnings ratio gets ahead of profits, and investors may be disappointed when firms publish their results next month, AMP Capital Investors (New Zealand) head of equities Guy …

Governance software purveyors Diligent Board Member Services continue to attract the attention of NZX regulators, who issued a ‘please explain’ notice today after a 17.3 percent drop in the company’s share price in the last four days. The inquiry is only the second this year from NZX Market Services under Section 10.1.1 of the NZX Listing Rules relating to the …

GFNZ Group, the finance company formerly known as Geneva Finance, says it has concluded talks on a series of funding transactions worth $27.5 million that will allow it to repay debenture holders, existing bank and other debt. The core part of the new arrangements is a $30 million securitized debt facility with Westpac Banking Corp, the company said. It also …