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Businesswire - Latest News [Page 107]
MARKET CLOSE: NZ shares follow Asia down
Thursday, 8 April 2010, 5:57 pm | Businesswire
April 8 (BusinessWire) – New Zealand shares halted their four-day gain and followed global equity markets lower as the Asian session mirrored declines in Europe and the U.S. More >>
Fonterra Shareholders Council reassures farmers
Thursday, 8 April 2010, 5:56 pm | Businesswire
April 8 (BusinessWire) – The Fonterra Shareholders' Council has moved to help quell potential backlash from farmers misunderstanding a proposed new fund that will allow private investors exposure to the commercial performance of Fonterra's value added ... More >>
Vodafone wins TSO appeals - Telecom mulls options
Thursday, 8 April 2010, 5:26 pm | Businesswire
April 8 (BusinessWire) – Telecom Corp., the country’s largest phone company, is mulling its options after the High Court ruled against it in two separate decisions over the fee it charges competitors to provide basic phone services to its remote ... More >>
Non-bank lenders still vulnerable: S&P
Thursday, 8 April 2010, 5:18 pm | Businesswire
April 8 (BusinessWire) – Many of New Zealand’s finance companies continue to face the prospect of failure mainly, owing to liquidity and funding risks, says Standard & Poors in a report today. More >>
ETS follow-through in doubt
Thursday, 8 April 2010, 12:39 pm | Businesswire
April 8 (BusinessWire) - The government will proceed with introducing the emissions trading scheme in June to keep faith with the forestry sector but full implmenetation is not assured, says Environment Minister Nick Smith. More >>
TV3 cans breakfast business programming
Thursday, 8 April 2010, 11:04 am | Businesswire
April 8 (BusinessWire) - TV3's owners, Mediaworks Ltd., are cutting their losses on their low-rating breakfast television programming, cutting ASB Business and the Sunrise programmes, citing the need to cut costs. More >>
Stocks to watch: Sky TV, Air NZ, RBD, ALF
Thursday, 8 April 2010, 10:01 am | Businesswire
April 8 (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 >>
NZ dollar ‘outperforms’
Thursday, 8 April 2010, 9:55 am | Businesswire
April 8 (BusinessWire) – The New Zealand dollar “outperformed” overnight amid resurgent fears about Greece’s sovereign debt issues, and following a 21% surge in dairy prices on Fonterra’s online trading auction yesterday. The spread between ... More >>
While you were sleeping: Greece rattles the cage
Thursday, 8 April 2010, 7:40 am | Businesswire
April 8 (Business Wire) - Renewed concerns about Greece’s fiscal outlook rattled investors in both Europe and U.S. who, perhaps, were looking for an opportunity to rethink some holdings in the wake of recent gains. More >>
MARKET CLOSE: NZ shares rise for fourth day
Wednesday, 7 April 2010, 6:58 pm | Businesswire
April 7 (BusinessWire) – New Zealand shares gained for their fourth straight day as offshore investors returned to the local market at the start of the quarter, in a day where the headlines were dominated by Fonterra Cooperative Group. More >>
Natural Dairy launches broadside at Fonterra
Wednesday, 7 April 2010, 4:33 pm | Businesswire
April 7 (BusinessWire) - Natural Dairy (NZ) Holdings Ltd. has all but accused Fonterra of promoting xenophobic hysteria over the Hong Kong-based company's plans to invest in the dairy industry. More >>
Windfarms into ‘clean-up’ mode with landowners
Wednesday, 7 April 2010, 4:11 pm | Businesswire
April 7 (BusinessWire) - New Zealand Windfarms Ltd. is moving to mop up a range of outstanding issues with the landowners at its Te Rere Hau windfarm site in the Manawatu, and the supplier of its wind turbines, Windflow Technology Ltd. More >>
Failure to name our pastoral method fails NZ
Wednesday, 7 April 2010, 3:30 pm | Businesswire
What do the tourist lament that our countryside looks like a giant golf course, general urban misunderstanding of our agriculture and the reality that we’re still food commodity players all have in common? More >>
Public investment in Fonterra proposed
Wednesday, 7 April 2010, 3:06 pm | Businesswire
April 7 (BusinessWire) – Institutional investors and the public would finally be able to invest in Fonterra, New Zealand’s largest business, under proposed changes to its capital structure put forward to farmers today. More >>
Fonterra proposes share trading only among farmers
Wednesday, 7 April 2010, 2:42 pm | Businesswire
April 7 (BusinessWire) – Fonterra’s farmer-only shareholders will be able to trade shares among themselves, or via a new shareholders market, in plans announced today by the world’s largest dairy products exporter. More >>
Auckland house sales pick up in March, says agent
Wednesday, 7 April 2010, 1:18 pm | Businesswire
April 7 (BusinessWire) – House sales in Auckland picked up last month after early signs that the property market was running out of steam, according to Barfoot & Thompson. More >>
Woosh on a star as network takes hit
Wednesday, 7 April 2010, 12:37 pm | Businesswire
April 7 (BusinessWire) – Broadband provider Woosh Wireless Ltd. has written down its network assets value by up to 70% as it looks for new technologies to provide a springboard for future growth. More >>
Italian orchard write off won’t impact on Seeka
Wednesday, 7 April 2010, 11:40 am | Businesswire
April 7 (BusinessWire) – Seeka Ltd., New Zealand’s largest kiwifruit grower and listed company, doesn’t expect its share in an about to be written off Italian kiwifruit orchard, to impact on its expected earnings for the March year. More >>
Vector OK to raise NZ Windfarms stake
Wednesday, 7 April 2010, 10:57 am | Businesswire
Windfarms shareholders give go-ahead to Vector raising stake April 7 (BusinessWire) - Shareholders of New Zealand Winfarms have overwhelmingly supported the company's request that its 20% shareholder, Vector Ltd, be allowed to increase its holding ... More >>
Fonterra surprised by milk powder auction strength
Wednesday, 7 April 2010, 10:39 am | Businesswire
April 7 (BusinessWire) – Fonterra Cooperative Group, the world largest exporter of dairy products, put today’s 21% surge in the price of whole milk powder on its online auction trading platform down to tighter supply as Australia and New Zealand ... More >>
