Businesswire - Latest News [Page 105]
While you were sleeping: Fuelled by earnings
Thursday, 15 April 2010, 7:14 am | Businesswire
April 15 (Business Wire) - Enthusiasm over the results of Intel Corp and JPMorgan Chase & Co paced equities higher in both Europe and the U.S. as investors bet that the world’s biggest economy was firmly in recovery mode and corporate profits ... More >>
MARKET CLOSE: NZX 50 reaches 19-month high; WBC up
Wednesday, 14 April 2010, 5:57 pm | Businesswire
April 14 (BusinessWire) – New Zealand’s NZX 50 Index rose to a 19-month high after Intel Corp.’s second-quarter forecast beat estimates, stoking optimism as the U.S., earnings season gets underway. Westpac Banking Corp. led a rally in Australian ... More >>
Government seeks private prison builder, operator
Wednesday, 14 April 2010, 3:46 pm | Businesswire
April 14 (BusinessWire) - Mum and Dad investors look likely to be offered investment opportunities in prison-building as the government unveils its first public-private partnership plan: to build a new 1,000 bed prison at Wiri, in south Auckland, by ... More >>
Pace of labour market recovery slows in March
Wednesday, 14 April 2010, 12:36 pm | Businesswire
April 14 (BusinessWire) – The pace of recovery in New Zealand’s labour market slowed last month, according to data from Seek New Zealand, which operates the country’s largest jobs website. More >>
Nuplex director resigns from Securities Commission
Wednesday, 14 April 2010, 12:11 pm | Businesswire
Nuplex director resigns as Securities Commissioner April 14 (BusinessWire) - Professional director and Securities Commission member David Jackson has resigned from the commission following the commission's prosecution of Nuplex Industries Ltd, of which he is a ... More >>
Transpower price control regime settled
Wednesday, 14 April 2010, 12:01 pm | Businesswire
April 14 (BusinessWire) - The Commerce Commission will regulate Transpower's pricing using a regime that recognises the national grid operator's unique circumstances and huge capital investment programme. More >>
NZ retail sales unexpectedly drop in February
Wednesday, 14 April 2010, 11:57 am | Businesswire
April 14 (BusinessWire) – New Zealand retail sales unexpectedly fell in February, led by department stores, appliance retailers and supermarkets, underlining the tepid pace of economic recovery. The New Zealand dollar dropped after the figures. More >>
Nuplex "very disappointed" at landmark prosecution
Wednesday, 14 April 2010, 10:35 am | Businesswire
April 14 (BusinessWire) - A landmark case over continuous disclosure obligations is shaping up as the board of Nuplex Industries Ltd. prepares to defend "very vigorously" its conduct during the renegotiation of banking arrangements which ... More >>
NZ dollar may gain with retail figures
Wednesday, 14 April 2010, 9:58 am | Businesswire
April 14 (BusinessWire) – The New Zealand dollar, little changed, may gain with retail sales figures today after spending on credit and debit cards jumped more than expected last month. More >>
Stocks to watch: Nuplex, Diligent, Infratil
Wednesday, 14 April 2010, 9:38 am | Businesswire
Stocks to watch: Nuplex, Diligent, Infratil April 14 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. More >>
While you were sleeping: Equities lose momentum
Wednesday, 14 April 2010, 8:28 am | Businesswire
April 14 (Business Wire) - Lingering worries about Greece and a tepid start to the U.S. earnings season took the wind out of the sails for global stocks overnight as European indexes drifted lower and Wall Street ended little changed. More >>
MARKET CLOSE: NZ shares mixed; DIL up, AIR down
Tuesday, 13 April 2010, 6:19 pm | Businesswire
April 13 (BusinessWire) – New Zealand shares were mixed, in heavier than average trading, with Guinness Peat Group leading advancers and Air New Zealand pacing weaker companies. More >>
Doug Graham to face civil proceedings over Lombard
Tuesday, 13 April 2010, 3:50 pm | Businesswire
April 13 (BusinessWire) – Former directors of failed Lombard Finance & Securities Investments, Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant, have been issued civil proceedings by the Securities Commission. More >>
Infratil, Super Fund get bargain with Shell assets
Tuesday, 13 April 2010, 2:04 pm | Businesswire
April 13 (BusinessWire) – The Infratil Ltd./New Zealand Super Fund joint venture that bought Royal Dutch Shell Plc’s local downstream assets gained an “extremely cheap” entry into the industry, according to brokerage McDouall Stuart. More >>
NZ spending on credit, debit cards jumps in March
Tuesday, 13 April 2010, 11:44 am | Businesswire
April 13 (BusinessWire) – New Zealanders pulled out their credit and debit cards and spent more last month, with food, liquor, furniture, appliance and fuel the big winners. More >>
Diligent expects positive cash flow in 3rd qtr
Tuesday, 13 April 2010, 10:53 am | Businesswire
April 13 (BusinessWire) – Diligent Board Member Services Ltd., the New Zealand-listed, New York-headquartered provider of online services to company boards, reported a 58% increase to $6.88 million in annualised licence fees. More >>
Lombard reverse takeover of ACIL now unconditional
Tuesday, 13 April 2010, 10:42 am | Businesswire
April 13 (BusinessWire) – Lombard Group Ltd.’s reverse takeover of Australian Consolidated Insurance Ltd. has gone unconditional after it gained acceptances for more than 90% of the Perth-based company’s stock. More >>
NZ dollar follows Australian dollar lower
Tuesday, 13 April 2010, 9:26 am | Businesswire
April 13 (BusinessWire) – The New Zealand dollar followed its Australian counterpart lower after weaker-than-expected home loans data across the Tasman, while a Reserve Bank of Australia official indicated the central bank is not far from a neutral monetary ... More >>
Stocks to watch: APT, MHI, MCK, OGC, RBD
Tuesday, 13 April 2010, 9:13 am | Businesswire
April 13 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. More >>
While you were sleeping: Dow rises on profit bets
Tuesday, 13 April 2010, 8:19 am | Businesswire
April 13 (Business Wire) - European bailout plans for Greece and hopes for strong first-quarter earnings from U.S. companies helped nudged Wall Street higher overnight. More >>
