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Businesswire - Latest News [Page 108]
Finger-lickin' good result for Restaurant Brands
Wednesday, 7 April 2010, 10:38 am | Businesswire
April 7 (BusinessWire) - Fried chicken franchise KFC streaked ahead in the year to Feb. 28, helping to deliver a "very satisfactory" net profit after tax of $19.5 million for listed fast food operator Restaurant Brands Ltd., 137% up on ... More >>
NZ dollar pares loss on Fonterra auction
Wednesday, 7 April 2010, 9:41 am | Businesswire
April 7 (BusinessWire) – The New Zealand dollar had an overnight rollercoaster ride, dipping to a near four-week low below U.S. 70 cents at one point before roaring back above 70.50 cents as Fonterra announced a 21% increase in its online whole milk ... More >>
21-month high for Fonterra milk powder prices
Wednesday, 7 April 2010, 9:21 am | Businesswire
by Paul McBeth April 7 (BusinessWire) – The price of whole milk powder unexpectedly surged to a 21-month high in Fonterra Cooperative Group’s online trading auction, outstripping gains in U.S. dairy prices. More >>
Stocks to Watch: Fletcher Building, Infratil, RBD
Wednesday, 7 April 2010, 9:18 am | Businesswire
April 7 (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: Fed's ultra pledge
Wednesday, 7 April 2010, 8:24 am | Businesswire
April 7 (Business Wire) - Stocks mostly edged higher overnight on hopes for the U.S. economic recovery and after the Federal Reserve again confirmed interest rates would remain ultra-low for a lot longer than many investors have been betting. More >>
MARKET CLOSE: NZ shares rise; Telecom gains
Tuesday, 6 April 2010, 6:17 pm | Businesswire
April 6 (BusinessWire) – New Zealand shares gained for the third day in a row as investors rallied behind Telecom Corp., while data showed the country’s firms were more optimistic about the economic outlook in the coming year. More >>
Meridian wins West Coast hydro resource consent
Tuesday, 6 April 2010, 5:39 pm | Businesswire
April 6 (BusinessWire) - Meridian Energy Ltd. has won the first round in a hard-fought battle for resource consents to build a new hydro-electricity project of between 65 and 85 Megawatts on the Mokihinui River on the South Island's West Coast. More >>
High dollar offsets commodities’ price increase
Tuesday, 6 April 2010, 5:23 pm | Businesswire
April 6 (BusinessWire) – The ANZ commodity price index surged to a new record high last month, and while the lifting kiwi dollar almost offset the rises, the N.Z. dollar index also posted a new high. More >>
Group to explore NZ as global funds "back office"
Tuesday, 6 April 2010, 5:15 pm | Businesswire
April 6 (BusinessWire) – A private sector working group is to advise on the steps needed for New Zealand Inc. to create an international fund services industry. More >>
Aussie-kiwi interest rate gap at historic levels
Tuesday, 6 April 2010, 5:00 pm | Businesswire
April 6 (BusinessWire) – Reserve Bank of Australia Governor Glenn Stevens hiked Australia’s cash rate 25 basis points, taking the gap between New Zealand and Australian official interest rates to their widest gap ever. More >>
Treasury sees mixed messages in economic recovery
Tuesday, 6 April 2010, 4:02 pm | Businesswire
April 6 (BusinessWire) – The Treasury’s monthly summary of New Zealand’s economic indicators confirms the ‘curate’s egg’ views being expressed across different surveys – good in parts, not necessarily as good in others. More >>
NZ Dollar Outlook: It's All About the Aussie
Tuesday, 6 April 2010, 2:06 pm | Businesswire
April 6 (BusinessWire) – Australian monetary policy looks likely to be the biggest influence on the New Zealand dollar early this week, with higher interest rates across the Tasman continuing to sap global appetite for the Kiwi relative to its trans-Tasman ... More >>
NZX trading volume up, values ease back slightly
Tuesday, 6 April 2010, 11:27 am | Businesswire
April 6 (BusinessWire) – Trading on NZX Ltd.’s markets picked up again last month as recession fears fade and investors look for growth stocks in the coming month. More >>
Greymouth makes "significant" gas find in Chile
Tuesday, 6 April 2010, 11:18 am | Businesswire
April 6 (BusinessWire) - Greymouth Petroleum Ltd.'s Chilean subsidiary, PetroMagallanes, announced today it has made a "very significant" gas find in the Caupolican Block on Tierra del Fuego, following drilling of the Clarencia 1-A well. More >>
Tough times persist for SMEs: QSBO
Tuesday, 6 April 2010, 10:37 am | Businesswire
April 6 (BusinessWire) – Small, medium-sized firms and those without national reach are still doing it tough, as the gap between hopes and the reality of economic recovery remains wide, according to the latest quarterly survey of business opinion from the ... More >>
More tough times for SMEs as large firms recover
Tuesday, 6 April 2010, 10:19 am | Businesswire
April 6 (BusinessWire) – Small, medium-sized firms and those without national reach are still doing it tough, as the gap between hopes and the reality of economic recovery remains wide, according to the latest quarterly survey of business opinion from the ... More >>
Stocks to watch: Air NZ, Contact Energy, HLG, NZR
Tuesday, 6 April 2010, 9:39 am | Businesswire
April 6 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading last Thursday. All prices are in New Zealand dollars unless specified. More >>
NZ dollar sinks as data boosts outlook for US
Tuesday, 6 April 2010, 9:14 am | Businesswire
April 6 (BusinessWire) – The New Zealand dollar sank after strong American manufacturing and employment data underpinned a resurgence in U.S. interest rate markets and propped up the greenback, as local investors prepare for the New Zealand Institute of Economic ... More >>
While you were sleeping: US shifts gears
Tuesday, 6 April 2010, 8:11 am | Businesswire
April 6 (Business Wire) - Increasing signs that the world’s biggest economy is shifting gears buoyed investors on Wall Street, while most of the world’s other key markets remained closed for the Easter holiday weekend. More >>
While you were sleeping: Labour's slow heal
Saturday, 3 April 2010, 3:50 am | Businesswire
April 3 (Business Wire) - Expectations were simply too high. While the U.S. economy added jobs at the fastest rate in three years, the increase reflected a far more moderate pace of improvement. More >>
