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Businesswire - Latest News [Page 118]
Infratil to keep Shell name, focus on energy
Thursday, 11 March 2010, 12:17 pm | Businesswire
March 11 (BusinessWire) - Infratil Ltd., which is in advanced talks to acquire assets from Shell New Zealand, said there is substantial upside value in being an overtly New Zealand-owned dominant petrol company as the local oil industry restructures, ... More >>
New Zealand food prices fall in February
Thursday, 11 March 2010, 12:06 pm | Businesswire
March 11 (BusinessWire) – New Zealand food prices declined by 1.3% in February on the back of falls in fruit and vegetable costs, as well as lowered meat, poultry and fish prices. More >>
Lombard shareholders approve reverse takeover
Thursday, 11 March 2010, 10:57 am | Businesswire
March 11 (BusinessWire) – Long-suffering Lombard Group Ltd. shareholders have the opportunity to recoup a fraction of their investment in the failed financial company after approving an Australian insurance company’s offer for the shell as a backdoor ... More >>
NZ dollar slips as Bollard holds to rates timing
Thursday, 11 March 2010, 10:25 am | Businesswire
March 11 (BusinessWire) – New Zealand’s dollar fell after the central bank kept its policy assessment virtually unchanged from its review in December, saying the nation’s economic recovery will be subdued. More >>
ETS to push inflation 0.4%, says Bollard
Thursday, 11 March 2010, 9:55 am | Businesswire
by Jonathan Underhill March 11 (BusinessWire) – New Zealand’s amended Emissions Trading Scheme will stoke inflation starting next year, driving up prices of petrol and electricity, Reserve Bank Governor Alan Bollard says. More >>
NZX to consider Allied Farmers for NZX 50 in June
Thursday, 11 March 2010, 9:50 am | Businesswire
March 11 (BusinessWire) - NZX Ltd., the New Zealand stock exchange operator, has confirmed that Allied Farmers Ltd. won’t be included in the NZX50 Index at this time, but will be considered for inclusion at the June review. More >>
FULL REPORT: NZ’s Bollard keeps OCR at 2.5%
Thursday, 11 March 2010, 9:49 am | Businesswire
FULL REPORT: NZ’s Bollard keeps OCR at 2.5%, reiterates mid-year timing for rate hike More >>
FULL REPORT: NZ’s Bollard keeps OCR at 2.5%
Thursday, 11 March 2010, 9:49 am | Businesswire
FULL REPORT: NZ’s Bollard keeps OCR at 2.5%, reiterates mid-year timing for rate hike More >>
FULL REPORT: NZ’s Bollard keeps OCR at 2.5%
Thursday, 11 March 2010, 9:49 am | Businesswire
FULL REPORT: NZ’s Bollard keeps OCR at 2.5%, reiterates mid-year timing for rate hike More >>
Stocks to watch: Wakefield Health, Freightways
Thursday, 11 March 2010, 9:23 am | Businesswire
by Peter Kerr March 11 (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 >>
OCR stays at 2.5%, mid-year tightening still on
Thursday, 11 March 2010, 9:11 am | Businesswire
NZ’s Bollard keeps OCR at 2.5%, reiterates mid-year timing for rate hike More >>
While you were sleeping: Stocks steady, yen drops
Thursday, 11 March 2010, 7:27 am | Businesswire
March 9 (Business Wire) - Global equities were steady overnight ahead of the latest series of data on the Chinese economy, while the yen fell sharply on expectations the Bank of Japan was preparing to ease monetary policy. More >>
Wakefield seeks control of 4th hospital for $22.6M
Wednesday, 10 March 2010, 6:44 pm | Businesswire
March 10 (BusinessWire) – Wakefield Health Ltd., which operates two private hospitals in Wellington and one in Hastings, plans to acquire a controlling interest in the fourth facility, Tauranga’s Grace Hospital. More >>
MARKET CLOSE: NZ shares rise; PPL, MHI advance
Wednesday, 10 March 2010, 6:11 pm | Businesswire
March 10 (BusinessWire) – New Zealand shares rose, led by children’s clothing retailer Pumpkin Patch and jewellery chain Michael Hill International after a survey showed consumer confidence in Australia continues to track higher. More >>
Kiwibank to offer tradeable preference shares
Wednesday, 10 March 2010, 5:59 pm | Businesswire
March 10 (BusinessWire) - Kiwibank is planning to raise up to $150 million in tier one capital early next month through an issue of preference shares, listed on the NZX. More >>
Australian consumer sentiment keeps edging up
Wednesday, 10 March 2010, 3:36 pm | Businesswire
March 10 (BusinessWire) – Australian consumer sentiment has so far coped with increases in the central bank’s cash rate, though the point isn’t far away where confidence becomes much more sensitive to bank interest rate increases, according to the Westpac-Melbourne ... More >>
NZ terms of trade rises more than expected
Wednesday, 10 March 2010, 1:50 pm | Businesswire
March 10 (BusinessWire) – New Zealand’s terms of trade had its biggest jump since 1976 in the fourth quarter, as a decline in import prices outpaced an unexpected drop in exports. More >>
Wakefield Health in trading halt
Wednesday, 10 March 2010, 12:43 pm | Businesswire
Wakefield Health in trading halt March 10 (BusinessWire) - Trading in shares of Wakefield Health Ltd on the New Zealand stock exchange has been halted this morning, "pending a material announcement". More >>
Satara FY earnings drop 24% on less fruit
Wednesday, 10 March 2010, 12:39 pm | Businesswire
March 10 (BusinessWire) – Satara Cooperative Group, the fruit packer and coolstore operator, posted a 24% decline in full-year earnings, as a poorer harvest reduced fruit volumes, prompting a focus on increased efficiencies, including new automatic ... More >>
NZ dollar edges up before NZ, China trade data
Wednesday, 10 March 2010, 10:16 am | Businesswire
March 10 (BusinessWire) – New Zealand’s dollar edged up against most currencies as the euro weakened and traders await local and Chinese trade data and the central bank’s release of its review of interest rates tomorrow. More >>
