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BusinessDesk - Latest News [Page 240]

While you were sleeping: Pfizer weighs on Wall St

Wednesday, 2 May 2018, 10:28 am | BusinessDesk

May 2 (BusinessDesk) - Wall Street was mixed as a slide in Pfizer shares weighed on the Dow, while Federal Reserve policy makers began their two-day meeting. More >>

Dairy product prices decline for fifth time in six auctions

Wednesday, 2 May 2018, 9:34 am | BusinessDesk

May 2 (BusinessDesk) - Dairy product prices fell at the Global Dairy Trade auction, led by declines in rennet casein and whole milk powder. More >>

Auckland developers to pay cost of housing infrastructure

Tuesday, 1 May 2018, 9:22 pm | BusinessDesk

May 1 (BusinessDesk) - Auckland Council has announced a plan for developers to fund the additional $800 million over 10 years needed to pay for extra infrastructure to support its housing targets. But some in the construction industry worry that ... More >>

MARKET CLOSE: NZ shares dip, Kiwi Property, Fletcher drop

Tuesday, 1 May 2018, 8:51 pm | BusinessDesk

MARKET CLOSE: NZ shares dip, Kiwi Property, Fletcher drop while energy stocks Meridian, Genesis, Contact gain More >>

Evolve annual profit falls 25%

Tuesday, 1 May 2018, 8:25 pm | BusinessDesk

May 1 (BusinessDesk) - Evolve Education Group said annual profit fell by about 25 percent, falling within its twice downgraded earnings guidance after failing to meet new enrolment targets and reaffirmed the prospect of a smaller dividend than a year ... More >>

NZ dollar trades near 4-month low as markets await

Tuesday, 1 May 2018, 8:11 pm | BusinessDesk

May 1 (BusinessDesk) - The New Zealand dollar continued to hover near a four-month low against the greenback as investors await the results of the US Federal Reserve's two-day meeting. More >>

Fonterra's season-to-date NZ milk collection falls

Tuesday, 1 May 2018, 7:07 pm | BusinessDesk

May 1 (BusinessDesk) - Fonterra Cooperative Group's milk collection this season is tracking 2 percent lower than in 2017, a steeper decline than for the industry as a whole and suggesting rivals have picked up more of the national milk pool. More >>

Ex-Hawkins business ordered to pay $13.4M for leaky school

Tuesday, 1 May 2018, 6:18 pm | BusinessDesk

May 1 (BusinessDesk) - H Construction North Island, which used to be part of the McConnell family's Hawkins construction business before it was sold last year, has been ordered to pay $13.4 million towards repairing nine leaky buildings at Botany ... More >>

Oceania Health on track to lift annual earnings at least 51%

Tuesday, 1 May 2018, 4:47 pm | BusinessDesk

May 1 (BusinessDesk) - Oceania Healthcare says it's on track to lift underlying earnings by at least 51 percent and meet forecasts in its offer document, with strong demand for its aged care suites. More >>

Decmil NZ wins $24.3M contract to revamp Waiheke schools

Tuesday, 1 May 2018, 4:27 pm | BusinessDesk

May 1 (BusinessDesk) - ASX-listed construction firm Decmil Group's New Zealand unit said it won a $24.3 million design and construction contract for two schools on Waiheke Island. More >>

Bill English join Wesfarmers board in life after politics

Tuesday, 1 May 2018, 4:15 pm | BusinessDesk

May 1 (BusinessDesk) - Former Prime Minister Bill English has been appointed to the board of ASX-listed conglomerate Wesfarmers, which owns Bunnings Australia and New Zealand, Kmart and Officeworks. More >>

Serko shares reach new record ahead of ASX secondary listing

Tuesday, 1 May 2018, 3:44 pm | BusinessDesk

May 1 (BusinessDesk) - Serko shares hit a new record after the online travel booking software developer announced plans for a secondary listing on the Australian Securities Exchange next month as a means to broaden its investor base. More >>

GST on low-value online retail purchases from October 2019

Tuesday, 1 May 2018, 2:55 pm | BusinessDesk

May 1 (BusinessDesk) - The government plans to impose goods and services tax on small online retail purchases which have previously been ignored by officials because it was too expensive to pursue, making foreign suppliers collect the tax and dropping ... More >>