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Businesswire - Latest News [Page 109]

While you were sleeping: Manufacturing advances

Friday, 2 April 2010, 11:44 am | Businesswire

April 2 (Business Wire) - Signs of continued economic expansion and positive sentiment from China through Europe and into the U.S. bolstered investors ahead of the Easter holiday weekend. More >>

MARKET CLOSE: NZ shares rise; Air NZ leads gains

Thursday, 1 April 2010, 6:08 pm | Businesswire

April 1 (BusinessWire) – New Zealand shares started the second quarter with a gain, after Air New Zealand Ltd. scotched reports its chief executive will leave soon and Contact Energy Ltd. benefited from high wholesale electricity prices. More >>

South Canterbury is admitted to extended guarantee

Thursday, 1 April 2010, 5:53 pm | Businesswire

April 1 (BusinessWire) – Investors in South Canterbury Finance can breathe a sigh of relief after their loyalty helped sway the Treasury in favour of approving its acceptance into the extended government retail deposit guarantee. More >>

Vision Securities sunk by failed loan settlement

Thursday, 1 April 2010, 2:57 pm | Businesswire

April 1 (BusinessWire) – Vision Securities Ltd., the specialist retirement village property lender, has been sent to the receivers after it failed to settle a major loan last week. Its 953 investors will be safe as they are covered by the government’s ... More >>

Environment gives reluctant support for ECan plan

Thursday, 1 April 2010, 12:45 pm | Businesswire

April 1 (BusinessWire) – The Ministry for the Environment has backed a government plan to replace Environment Canterbury councillors with a commission, albeit reluctantly. More >>

OIO seeeks more Natural Dairy information

Thursday, 1 April 2010, 10:17 am | Businesswire

April 1 (BusinessWire) – The Overseas Investment Office has asked Natural Dairy (NZ) Holdings, the Hong Kong-listed company looking to invest some $1.5 billion of dairy assets including the failed Crafar family assets, for more information about ... More >>

NZ dollar little changed ahead of US jobs data

Thursday, 1 April 2010, 9:30 am | Businesswire

April 1 (BusinessWire) – The New Zealand dollar stayed in a very tight range ahead of tomorrow’s release of U.S. employment data, which is expected to show the world’s largest economy added its most number of jobs since early 2007. More >>

Stocks to watch: Abano, DGL, GFF, KIP, PRC, XRO

Thursday, 1 April 2010, 9:24 am | Businesswire

April 1 (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: Quarter end pause

Thursday, 1 April 2010, 8:08 am | Businesswire

April 1 (Business Wire) - Weaker than expected U.S. economic data and rating cuts on some Greek banks led investors to end the quarter on the sidelines ahead of the Easter trading break. More >>

Kerr boosts support for ailing South Canterbury

Wednesday, 31 March 2010, 9:10 pm | Businesswire

March 31 (BusinessWire) – George Kerr, a cornerstone investor in Pyne Gould Corp., has boosted his support for the ailing South Canterbury Finance, subscribing to some $22 million worth of secured convertible notes in Allan Hubbard’s Southbury Corp. More >>

MARKET CLOSE: NZX 50 rises; NZX, CEN gain

Wednesday, 31 March 2010, 5:59 pm | Businesswire

March 31 (BusinessWire) – New Zealand’s benchmark NZX 50 Index rose on the final day of a quarter where it made no gains. Stocks exchange operator NZX Ltd. led gainers after predicting a strong year for listings and a pickup in terminal sales. More >>

Sky City rating outlook raised to 'positive': S&P

Wednesday, 31 March 2010, 5:03 pm | Businesswire

March 31 (BusinessWire) – Sky City Entertainment Group Ltd., New Zealand’s biggest casino company, had the outlook on its BBB- credit rating raised to ‘positive’ from ‘stable’ by Standard & Poor’s, reflecting its more conservative approach ... More >>

NZ businesses optimistic, investments lag

Wednesday, 31 March 2010, 4:29 pm | Businesswire

March 31 (BusinessWire) – New Zealand businesses remained upbeat about the outlook for the economy this month, though there are still concerns about the pace of economic recovery as firms’ investment lags behind. More >>

Ecoya bets it can grow a fragrant global brand

Wednesday, 31 March 2010, 1:23 pm | Businesswire

March 31 (BusinessWire) – Ecoya Ltd.’s initial public offering to fund its global expansion in the home fragrance and body and bath products markets is partly a bet on the crew that successfully brought the 42 Below vodka brand to market, says executive ... More >>

Scott Technologies returns to 1st-half profit

Wednesday, 31 March 2010, 1:06 pm | Businesswire

March 31 (BusinessWire) – Scott Technologies Ltd., the Dunedin-based automated production and process machinery designer and manufacturer, bounced back from a difficult 2009 with a profit of $973,000 for the first half of the current year. More >>

NAB negotiates ‘binding terms’ with AXA SA

Wednesday, 31 March 2010, 11:26 am | Businesswire

March 31 (BusinessWire) – National Australia Bank Ltd. and French insurer AXA SA have agreed “binding terms” for their proposed $13.3 billion acquisition of AXA Asia Pacific, which will split the wealth manager and insurer between its Asian and ... More >>

Abano trims profit guidance as ACC referrals drop

Wednesday, 31 March 2010, 10:31 am | Businesswire

March 31 (BusinessWire) – Abano Healthcare Group said second-half earnings will be “softer than planned” because of a drop in ACC referrals and a temporary slowdown in Australian Audiology. The company will maintain its annual dividend payment at ... More >>