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Businesswire - Latest News [Page 111]
Treasury pours cold water on leaky home GST relief
Monday, 29 March 2010, 8:37 am | Businesswire
March 29 (BusinessWire) - The New Zealand Treasury today poured cold water on the hopes of additional financial relief for owners’ of leaky homes, saying government would not receive a GST windfall to provide additional funds for these repairs. More >>
Hawkins seals takeover deal for Cynotech
Friday, 26 March 2010, 8:17 pm | Businesswire
March 26 (BusinessWire) - Allan Hawkins, the former head of Equiticorp who was jailed in the 1990s for his role in the so-called H-fee scheme, has finalised the takeover over of Cynotech Holdings Ltd., after he convinced enough shareholders to swap their ... More >>
SMELLIE SNIFFS THE BREEZE: Never Saw That Coming
Friday, 26 March 2010, 8:12 pm | Businesswire
Get over it. Imagine being Barack Obama today - praised by Fidel Castro for his health reforms. New Zealand being criticised by The Economist for threatening its green image by mining conservation land pales in comparison. More >>
CME to launch milk powder futures ahead of NZX
Friday, 26 March 2010, 3:47 pm | Businesswire
CME, world’s largest futures exchange, to launch milk powder contract ahead of NZX start date More >>
Windfarms gets consent as Suncorp funds lift stake
Friday, 26 March 2010, 3:39 pm | Businesswire
March 26 (BusinessWire) - New Zealand Windfarms Ltd., the troubled electricity generator, has achieved a vital breakthrough in its struggle to remain viable, reaching agreement with an objector to allow a 56 turbine extension on a new site where higher wind ... More >>
Carter Holt sought cash up-front from UBNZ group
Friday, 26 March 2010, 3:20 pm | Businesswire
March 26 (BusinessWire) - Carter Holt Harvey Ltd., the forest products group owned by Graeme Hart, wanted cash up front before dealing with the Chinese investors who are attempting to buy the farms in the failed Crafar family dairying empire, says ... More >>
NZ posts smaller-than-expected Feb trade surplus
Friday, 26 March 2010, 2:59 pm | Businesswire
March 26 (BusinessWire) – New Zealand posted a smaller-than-expected trade surplus last month as exports weakened and imports were boosted by shipments of crude oil. More >>
RBNZ expects to catch more borrowers when it hikes
Friday, 26 March 2010, 2:39 pm | Businesswire
March 26 (BusinessWire) – The Reserve Bank of New Zealand expects to capture more mortgage borrowers than it has in the past when it starts hiking interest rates in the middle of the year. More >>
Crafar farm sales months away
Friday, 26 March 2010, 12:10 pm | Businesswire
March 26 (BusinessWire) - The sale of the Crafar family farms to Chinese investor UBNZ Ltd. is as much as two months away because the would-be purchaser has passed none of the hurdles required by the Overseas Investment Office. More >>
Xero, Schola Technologies unite on school plan
Friday, 26 March 2010, 11:03 am | Businesswire
March 26 (BusinessWire) – Xero Ltd., a company that offers online accounting services, has made a deal with Schola Technologies Ltd. to create an online school management system, to start in the 2011 school year. More >>
GPG announces scrip alternative for dividend
Friday, 26 March 2010, 10:34 am | Businesswire
March 26 (BusinessWire) – Guinness Peat Group, the investment company chaired by Ron Brierley, has announced its scrip dividend alternative, though there’s still no word on how it will go about rebuilding shareholder value. More >>
Strategic has no money for pref shares, to delist
Friday, 26 March 2010, 10:32 am | Businesswire
March 26 (BusinessWire) – Receivers of Strategic Finance Ltd. say there is no money available to repay the failed finance company’s preference shareholders and will likely be a shortfall in the amount available to credits. More >>
Stocks to watch: Dairy Equities, DGL, GPG, HLG
Friday, 26 March 2010, 9:57 am | Businesswire
March 26 (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 hits 53 euro cents ahead of summit
Friday, 26 March 2010, 9:28 am | Businesswire
NZ dollar hits 53 euro cents for first time since 2008 as EU mulls Greece bailout More >>
While you were sleeping: Stocks resume advance
Friday, 26 March 2010, 7:52 am | Businesswire
March 26 (Business Wire) - Equities advanced in both Europe and the U.S. on renewed hopes for a bail-out package for Greece and fresh signs that the world’s biggest economy was powering ahead. More >>
MARKET CLOSE: NZ shares mixed after GDP; HLG falls
Thursday, 25 March 2010, 5:52 pm | Businesswire
March 25 (BusinessWire) – New Zealand shares were mixed after figures showed the economy grew at its fastest pace in two years in the fourth quarter as investors await tangible signs the return to growth is stoking earnings. Hallenstein Glasson ... More >>
Hamburger to go, says Telecom
Thursday, 25 March 2010, 3:48 pm | Businesswire
March 25 (BusinessWire) – Telecom Corp.’s so-called Mr XT, Paul Hamburger, who led the retail mobile operation for the country’s largest phone company, will leave the company in July. More >>
Dairy Equities takes another step towards wind-up
Thursday, 25 March 2010, 2:48 pm | Businesswire
March 25 (BusinessWire) - Would-be Fonterra investor Dairy Equities Ltd. has agreed to sell the majority of its remaining Fonterra Fair Value Shares to a consortium of investors assembled by Craigs Investment Partners. More >>
CommComm delays on ANZ prosecution decision
Thursday, 25 March 2010, 2:22 pm | Businesswire
March 25 (BusinessWire) – The Commerce Commission’s announcement on whether it will prosecute ANZ National Bank over its promotion of two frozen ING New Zealand funds has been pushed out a fortnight due to a clash of regulatory work priorities. More >>
NZ economy expands at fastest pace in two years
Thursday, 25 March 2010, 11:46 am | Businesswire
March 25 (BusinessWire) – New Zealand’s economy accelerated in the fourth quarter, growing at the fastest clip in two years as manufacturing revived and companies built up inventories that had run down through the recession. More >>
