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Businesswire - Latest News [Page 114]
World Week Ahead: Catching one’s breath
Monday, 22 March 2010, 7:38 am | Businesswire
March 22 (BusinessWire) - It’s been a good start to the year for most equities investors and while correction chatter is on the rise, it appears investors are simply looking to catch their breath. More >>
SMELLIE SNIFFS THE BREEZE: It's Only Natural
Friday, 19 March 2010, 7:23 pm | Businesswire
March 17 (BusinessWire) - Like deluge from a dirty drain, a whole pile of news landed on the dairy sector at the end of this week. More >>
MARKET CLOSE: NZX 50 rises; Kathmandu up, TEL down
Friday, 19 March 2010, 5:59 pm | Businesswire
March 19 (BusinessWire) – New Zealand shares rose, as Kathmandu Holdings Ltd. lead gains in retailers following its upbeat results, while Telecom Corp. drifted lower. The NZX50 climbed for the second-day running, rising 9.718, or 0.3% to 3230.40. Within ... More >>
South Canterbury bonds trade up to 40% yields
Friday, 19 March 2010, 5:51 pm | Businesswire
by Jonathan Underhill March 19 (BusinessWire) – South Canterbury Finance’s 2012 bonds have changed hands in a flurry this week at yields ranging between 30% and 40% as investors demand more of a premium to hold debt that would fall outside the ... More >>
NZ Windfarms outlines $34m rescue rights issue
Friday, 19 March 2010, 4:12 pm | Businesswire
March 18 (BusinessWire) - New Zealand Windfarms Ltd. is seeking $34.1 million in a deeply discounted eight-for-three cash issue that the company says must succeed "or the consequences will be dire." More >>
Aussie tourists boost visitor numbers
Friday, 19 March 2010, 3:58 pm | Businesswire
March 19 (BusinessWire) - More Australians are hopping across the Tasman for a holiday as the weakening New Zealand dollar gives them the most spending power in almost a decade, government figures show. More >>
Receivership for large North Island farm group
Friday, 19 March 2010, 3:45 pm | Businesswire
March 19 (BusinessWire) – Large Hawkes Bay and Manawatu farming enterprises Patoka Dairies Ltd. and McVitty Properties Ltd. have been placed into receivership under PricewaterhouseCoopers. More >>
Criminal charges filed against Capital + Merchant
Friday, 19 March 2010, 2:20 pm | Businesswire
March 19 (BusinessWire) – Directors of failed finance company Capital + Merchant Finance have had criminal charges laid against them by the Securities Commission. More >>
No losers from tax package, NZIER suggests
Friday, 19 March 2010, 12:24 pm | Businesswire
March 18 (BusinessWire) - All taxpayers should be the same or better off as a result of a tax package cutting income tax rates at every level of income while raising GST, the New Zealand Institute of Economic Research said today. More >>
RBNZ may hold off on raising OCR beyond mid-year
Friday, 19 March 2010, 12:04 pm | Businesswire
Reserve Bank may hold off on raising OCR beyond mid-year in face of sluggish economy, Borkin says More >>
Mackenzie Basin backers "gaming" resource process
Friday, 19 March 2010, 10:24 am | Businesswire
March 18 (BusinessWire) - The property development companies backing the Mackenzie Basin cubicle dairy farming proposals are gaming the resource consent application process by withdrawing from the government-ordered Board of Inquiry into its water ... More >>
NZ dollar rises on appeal of higher yields
Friday, 19 March 2010, 10:05 am | Businesswire
NZ dollar rises as muted US inflation keeps rate hike chances low; Greek aid talks drag More >>
Stocks to watch: Air NZ, Kathmandu, SPY, WHS
Friday, 19 March 2010, 9:30 am | Businesswire
March 19 (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: Stock investors hesitate
Friday, 19 March 2010, 8:08 am | Businesswire
March 19 (Business Wire) - Equities eased in Europe and were mixed in the U.S. amid concerns a bail-out plan for Greece was in trouble and speculation that the Federal Reserve was poised to increase its discount rate for a second time in as many months. ... More >>
SFO probes possible breaches at Capital + Merchant
Thursday, 18 March 2010, 6:27 pm | Businesswire
March 18 (BusinessWire) - Receivers for failed finance company Capital + Merchant Finance have referred documents to the Serious Fraud Office for investigation into transactions that appear to have benefitted "certain related parties." More >>
MARKET CLOSE: NZ shares rise; Kathmandu leads gain
Thursday, 18 March 2010, 5:48 pm | Businesswire
March 18 (BusinessWire) - New Zealand shares rose, snapping a two-day decline, as Kathmandu Holdings Ltd. beat its prospectus forecast and Telecom Corp. lifted from yesterday’s record-low close. More >>
Govt raids departments to fund productivity body
Thursday, 18 March 2010, 3:44 pm | Businesswire
March 17 (BusinessWire) - The government has raided small programmes across 29 government agencies to fund a new, $5 million a year Productivity Commission. More >>
Dairying gets dirtier, says Clean Streams report
Thursday, 18 March 2010, 2:35 pm | Businesswire
March 18 (BusinessWire) – Dairy farmers’ compliance with effluent rules deteriorated for the second year in a row in 2009, according to the latest annual report from the Dairying and Clean Streams Accord, prompting Fonterra Cooperative Group to institute ... More >>
Big is Good: Mitre 10 signs for Smart Pay system
Thursday, 18 March 2010, 2:10 pm | Businesswire
by Jess Jones March 18 (BusinessWire) - Smart Pay Ltd., the EFTPOS company that acquired assets when ProvencoCadmus failed in 2009, has confirmed a seven-figure contract to provide an in-store marketing and point of sale EFTPOS system for the New Zealand ... More >>
Tax package shrinking, says English
Thursday, 18 March 2010, 1:54 pm | Businesswire
March 17 (BusinessWire) - Finance Minister Bill English is talking down the size of the tax package for the May 20 Budget, saying Treasury analysis was finding a smaller contribution available from rental property tax changes than was estimated ... More >>
