Businesswire - Latest News [Page 117]
Stocks to watch: PGC, NZO, Telstra, Warehouse
Monday, 15 March 2010, 9:12 am | Businesswire
March 12 (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 >>
World Week Ahead: Fed back in focus, BOJ too
Monday, 15 March 2010, 7:46 am | Businesswire
March 15 (Business Wire) - The Federal Reserve rarely falls far out of focus but each time its policy committee meets - as this week - investors tend to be more alert for any insight that may emerge. More >>
SMELLIE SNIFFS THE BREEZE: Season of Disclosure
Friday, 12 March 2010, 10:26 pm | Businesswire
March 12 (BusinessWire) - Business journalists in New Zealand just came through an unusually busy half-year reporting season, partly because there are few of us left and also because the state-owned enterprises reported at about the same time. Previously, ... More >>
MARKET CLOSE: NZ shares slip; WHS down on results
Friday, 12 March 2010, 6:13 pm | Businesswire
March 12 (BusinessWire) – New Zealand shares fell, as Warehouse Group posted weaker first-half operating earnings and forecast a flat full year. Pyne Gould Corp. advanced after its Marac unit gained admissions to the extended guarantee scheme. More >>
Strategic Finance in receivership
Friday, 12 March 2010, 5:54 pm | Businesswire
Strategic Finance in receivership March 12 (BusinessWire) - Strategic Finance Ltd is this evening in the hands of receivers PricewaterhouseCoopers, ending moratorium arrangements that have been in place since December 2008. More >>
Food innovation aims to fast-track new products
Friday, 12 March 2010, 3:10 pm | Businesswire
March 12 (BusinessWire) – Small and medium-sized food and beverage companies will have access to state of the art research and development facilities with a new government initiative, Food Innovation Network New Zealand. More >>
January best month ever for Kiwi guest houses
Friday, 12 March 2010, 1:23 pm | Businesswire
by Peter Kerr March 12 (BusinessWire) – More Kiwis holidaying at home and more tourists staying longer has boosted January’s short-term commercial accommodation total guest nights by 4% compared to the previous January. More >>
NZ retail sales rose in January; core sales fell
Friday, 12 March 2010, 12:07 pm | Businesswire
March 12 (BusinessWire) – New Zealand retail sales rose more than expected in January, though the headline figure was driven by an increase in vehicle-related industries and core retail grew less than forecast. More >>
MARAC gains admission to extended scheme
Friday, 12 March 2010, 11:38 am | Businesswire
March 12 (BusinessWire) – MARAC Finance Ltd., the arm of Pyne Gould Corp. with ambitions to become a bank, has been accepted under the government’s extended Retail Deposit Guarantee Scheme through to the end of December 2011. More >>
Steam still coming out of house sales: REINZ
Friday, 12 March 2010, 11:13 am | Businesswire
March 12 (BusinessWire) - Total residential house sales rose sharply in February, compared with a 10 year low-point in January, but seasonally adjusted prices fell and it is taking longer to sell homes as tax-shy investors stay out of the market. More >>
Warehouse 1H profit gains on year-earlier costs
Friday, 12 March 2010, 10:45 am | Businesswire
March 12 (BusinessWire) – Warehouse Group Ltd., the biggest retailer on the NZX 50 Index, posted a 17% gain in first-half profit, reflecting year-earlier costs to close stores while operating earnings weakened. More >>
NZ dollar, little changed, may gain on retail data
Friday, 12 March 2010, 10:36 am | Businesswire
March 12 (BusinessWire) – New Zealand’s dollar, hovering around 70 U.S. cents, may rise if January retail sales figures prove stronger than market pundits are expecting. More >>
$100m Warehouse bond offer
Friday, 12 March 2010, 10:05 am | Businesswire
Warehouse seeks $100 million in tradeable bond offer March 12 (BusinessWire) - The Warehouse Group Ltd. has confirmed it is seeking up to $100 million in five year unsecured, unsubordinated fixed rate bonds, to be listed on the NZDX. More >>
Stocks to watch: Contact, TrustPower, Infratil
Friday, 12 March 2010, 8:49 am | Businesswire
Stocks to watch: Contact, TrustPower, Infratil March 12 (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. Themes ... More >>
While you were sleeping: Inflation fears take toll
Friday, 12 March 2010, 7:32 am | Businesswire
March 12 (Business Wire) - A spike in inflation in China took its toll on investors in both Europe and the U.S., leading equities lower as demand for raw materials was put under review. More >>
MARKET CLOSE: NZ shares mixed after MPS; RBD up
Thursday, 11 March 2010, 6:21 pm | Businesswire
March 11 (BusinessWire) – New Zealand shares were mixed after the central bank kept its benchmark interest rate at a record low, helping push down the kiwi dollar. Fast-food franchise company Restaurant Brands gained and foodmaker Goodman Fielder ... More >>
A-listers test waters for super-fast Pacific cable
Thursday, 11 March 2010, 4:34 pm | Businesswire
March 11 (BusinessWire) – A group of well-known New Zealand businessmen are sounding out appetite for a new internet fibre cable venture to link with Australia and the western United States seaboard. More >>
New Zealand manufacturing warms up
Thursday, 11 March 2010, 3:13 pm | Businesswire
by Peter Kerr March 11 (BusinessWire) – New Zealand manufacturing continued its slow but steady increase in output in February, with increased production and employment underpinning expansion. More >>
Hoki-1 well nears half-way mark
Thursday, 11 March 2010, 1:15 pm | Businesswire
Hoki-1 well nears half-way mark at 1505 metres March 11 (BusinessWire) - Drilling of the wildcat Hoki-1 well by AWE Ltd has reached a depth of 1505 metres as it targets a total depth of approximately 3570 metres. More >>
Power company customer scramble to continue
Thursday, 11 March 2010, 12:57 pm | Businesswire
March 11 (BusinessWire) - TrustPower Ltd expects electricity market reforms to drive customer churn as state-owned electricity retailers ditch and replace customers in different areas, reflecting asset swaps ordered in a December review by Energy Minister ... More >>
