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Businesswire - Latest News [Page 112]
Hallenstein first-half profit beats guidance
Thursday, 25 March 2010, 10:15 am | Businesswire
March 25 (BusinessWire) – Hallenstein Glasson Holdings, owner of the men’s and women’s clothing chains, beat its guidance on first-half profit, which surged 56%, and said it is ‘cautiously optimistic’ on the outlook. More >>
Stocks to watch: FPA, FPH, Hallenstein, PGC, SPY
Thursday, 25 March 2010, 9:39 am | Businesswire
March 25 (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 falls on Portugal downgrade, before GDP
Thursday, 25 March 2010, 9:18 am | Businesswire
March 25 (BusinessWire) – The New Zealand dollar edged lower after Fitch Ratings cut Portugal’s credit rating over fears of a budget blow-out, while local investors await fourth-quarter gross domestic product data, which is expected to show economy ... More >>
While you were sleeping: Risks rise for equities
Thursday, 25 March 2010, 7:34 am | Businesswire
March 25 (Business Wire) - When it rains, it pours and so with a downgrade of Portugal’s credit rating and another report showing that the U.S. housing market’s woes continue, equities dropped overnight on Wall Street. More >>
Hong Kong, NZ Chinese group chase Crafar’s farms
Wednesday, 24 March 2010, 10:42 pm | Businesswire
Hong Kong, NZ Chinese group chase Crafar’s farms, other assets, for $1.5 bln More >>
MARKET CLOSE: NZ shares rise; PGC, NPX advance
Wednesday, 24 March 2010, 6:55 pm | Businesswire
March 24 (BusinessWire) – New Zealand shares rose, led by Pyne Gould Corp., after the finance group said its Marac unit sold an insurance business into a joint venture with the Automobile Association. Nuplex Industries rose after announcing it had acquired ... More >>
CORRECT: Nuplex guidance reiterates of forecast
Wednesday, 24 March 2010, 6:23 pm | Businesswire
(Corrects story that ran earlier today to show earnings guidance given in Nuplex’s interim report was first released with its first-half results on Feb. 25) More >>
Natural Dairy seeks consent to buy Crafar farms
Wednesday, 24 March 2010, 4:42 pm | Businesswire
March 24 (BusinessWire) –Natural Dairy NZ Holdings today lodged an application with the Overseas Investment Office after announcing plans to buy the Crafar family’s farms as part of a $1.5 billion buy-up of land, stock and milk production plants ... More >>
Nuplex boosts FY guidance for fourth time
Wednesday, 24 March 2010, 2:57 pm | Businesswire
March 24 (BusinessWire) - Nuplex Industries Ltd., the resins maker that announced a first-half profit of $34.6 million January, has boosted its full-year guidance for the fourth time as the price of raw materials increases. More >>
Employee confidence suffers a minor snag
Wednesday, 24 March 2010, 12:11 pm | Businesswire
March 24 (BusinessWire) – New Zealand employees have little to cheer about with a drop in confidence, though optimism about the future of the labour market shone through, according to the Westpac: McDermott Miller Employment Confidence Index. More >>
Current account deficit stays low
Wednesday, 24 March 2010, 11:58 am | Businesswire
March 24 (BusinessWire) - New Zealand's deficit on current account with the rest of the world remained at historically low levels for the year to December, although there was a dramatic swing between the September and December quarters as foreign-owned ... More >>
Fonterra reiterates milk forecast as sales slip
Wednesday, 24 March 2010, 11:48 am | Businesswire
March 24 (BusinessWire) – Fonterra Cooperative Group, the world’s biggest exporter of dairy products, reiterated its forecast milk price for the 2010 season after posting a 3.7% decline in first-half sales. More >>
Marac sells half its insurance unit to AA JV
Wednesday, 24 March 2010, 10:48 am | Businesswire
Marac sells half its insurance business to AA in joint venture for $2.2 mln More >>
Moller named chairman of NZ Transport Agency
Wednesday, 24 March 2010, 10:17 am | Businesswire
March 24 (BusinessWire) – Chris Moller, former boss of the New Zealand Rugby Union, has been tapped as chairman of the NZ Transport Agency, the government body responsible for planning, enforcement, regulation and revenue collection for land transport. More >>
Nuplex agrees to buy Med-Chem ingredients business
Wednesday, 24 March 2010, 9:52 am | Businesswire
March 24 (BusinessWire) – Nuplex Industries Ltd., a specialty chemicals manufacturer, agreed to buy the ingredients business of Med-Chem group, saying the purchase will lift earnings for its Specialties unit in the next 12 months. More >>
Stocks to watch: Contact, Nuplex, POT, SLG, WID
Wednesday, 24 March 2010, 9:43 am | Businesswire
March 24 (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 little changed before BOP, GDP
Wednesday, 24 March 2010, 9:21 am | Businesswire
March 24 (BusinessWire) – The New Zealand dollar was little changed ahead of figures today and tomorrow that are expected to show the nation’s current account deficit shrank and economic growth accelerated in the fourth quarter. More >>
While you were sleeping: 18-month highs
Wednesday, 24 March 2010, 7:58 am | Businesswire
March 24 (Business Wire) - Hopes for IMF aid for Greece and better than expected housing data in the U.S. provided enough impetus for shares to rise to 18- month highs in both Europe and on Wall Street overnight. More >>
MARKET CLOSE: NZ shares mixed; NZR, WHS rise
Tuesday, 23 March 2010, 6:23 pm | Businesswire
March 23 (BusinessWire) - New Zealand shares were mixed, with New Zealand Refining leading advancers as investors await news of Infratil Ltd.’s talks to buy Shell Group assets including 17% of the refiner. Warehouse Group rose after saying its ... More >>
Contact’s Tauhara 2 geothermal plant fast-tracked
Tuesday, 23 March 2010, 5:11 pm | Businesswire
March 23 (BusinessWire) - Contact Energy Ltd., the biggest utility on the NZX 50 Index, has become the first to have a power station proposal referred to an independent board of inquiry under the fledgling Environmental Protection Authority. More >>
