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Businesswire - Latest News [Page 124]
NZ business confidence jumps to 10-year high
Thursday, 25 February 2010, 5:32 pm | Businesswire
Feb. 25 (BusinessWire) - New Zealand business confidence rose to the highest level since April 1999, with companies growing more upbeat across manufacturing, agriculture, construction and services, suggesting the economic recovery will gather pace this ... More >>
Hellaby jumps on recouped BBQ Factory provisioning
Thursday, 25 February 2010, 4:14 pm | Businesswire
Feb. 25 (BusinessWire) – Hellaby Holdings, the diversified investment group, got a 509% boost in its first-half profit after it recouped $1.2 million of provisioning on the sale of its BBQ Factory chain in 2008. More >>
Hellaby jumps on recouped BBQ Factory provisioning
Thursday, 25 February 2010, 4:11 pm | Businesswire
Feb. 25 (BusinessWire) – Hellaby Holdings, the diversified investment group, got a 509% boost in its first-half profit after it recouped $1.2 million of provisioning on the sale of its BBQ Factory chain in 2008. More >>
Downer ekes out 1.9% gain in 1H profit
Thursday, 25 February 2010, 3:57 pm | Businesswire
Downer EDI ekes out 1.9% gain in first-half profit as sales growth stalls More >>
Nuplex posts record jump in profit on China sales
Thursday, 25 February 2010, 2:33 pm | Businesswire
Feb. 25 (BusinessWire) – Nuplex Industries Ltd., the NZX 50 listed resins and specialist chemical group, announced a record 477% increase in interim profit, driven chiefly by strong demand growth from China. The shares rose 1.8% to $3.39. More >>
Goodman Fielder fattens margins in first half
Thursday, 25 February 2010, 2:12 pm | Businesswire
Feb. 25 (BusinessWire) – Goodman Fielder Ltd., Australia’s biggest baking company, posted a 25% jump in first-half profit after cutting manufacturing and logistics costs and benefiting from more stable raw material prices. More >>
Port of Tauranga 1H net rises 2% on cost control
Thursday, 25 February 2010, 12:28 pm | Businesswire
Feb. 25 (BusinessWire) – Port of Tauranga, New Zealand’s biggest export port, posted a 2% gain in first-half profit by reining in costs as freight volumes fell, eroding revenue. More >>
A2 reduces first half loss despite revenue slump
Thursday, 25 February 2010, 12:27 pm | Businesswire
Feb. 25 (BusinessWire) - A2 Corp., the speciality milk products manufacturer, made a reduced loss of $717,172 in the six months to Dec. 31, thanks to the elimination of debt servicing costs and a strengthening performance from its Australian joint ... More >>
Heatley resigns over credit card spending
Thursday, 25 February 2010, 12:23 pm | Businesswire
Feb.25 (BusinessWire) – Housing and Fisheries Minister Phil Heatley has resigned his portfolios as a result of further discrepancies over his ministerial credit card spending. More >>
Metlifecare returns to profit on property gain
Thursday, 25 February 2010, 10:21 am | Businesswire
Feb. 25 (BusinessWire) – Metlifecare Ltd. returned to profit in the six months through December after the operator of 17 retirement villages recognised a gain in the value of its investment properties. More >>
Stocks to watch: Comvita, MET, PGW, Pike, SKC
Thursday, 25 February 2010, 10:00 am | Businesswire
Feb. 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 >>
Wrightson names Anderson as chairman, posts profit
Thursday, 25 February 2010, 9:45 am | Businesswire
Feb. 25 (BusinessWire) – PGG Wrightson Ltd., New Zealand’s biggest rural services company, named John Anderson as chairman of a revamped board and reported a modest profit on reduced spending by farmers and costs to refinance debt. More >>
NZ dollar edges up on weak US outlook
Thursday, 25 February 2010, 9:24 am | Businesswire
by Paul McBeth Feb. 25 (BusinessWire) – The New Zealand dollar edged up as Federal Reserve Chairman Ben Bernanke gave a fairly downbeat assessment of the world’s largest economy and reaffirmed U.S. interest rates will stay near zero “for an ... More >>
ACIL may move quickly to raise funds
Thursday, 25 February 2010, 8:40 am | Businesswire
Feb. 25 (BusinessWire) – Australian Consolidated Insurance Ltd., the Perth-based insurer planning to list on the NZX, is likely to move quickly to raise more funds after its auditor suggested its survival may depend on a successful capital raising. More >>
While you were sleeping: Bernanke confidence boost
Thursday, 25 February 2010, 6:35 am | Businesswire
Feb. 25 (Business Wire) - Ben Bernanke gave a positive outlook on the U.S. economy and reaffirmed that interest rates would remain near historic lows for an “extended period”, bolstering equities and bonds. More >>
Fonterra lifts forecast for ‘distributable' profit
Wednesday, 24 February 2010, 11:21 pm | Businesswire
Feb. 24 (BusinessWire) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, lifted its forecast for 2010 distributable profit, citing divestments, improved joint venture returns and lower funding costs. More >>
MARKET CLOSE: NZ shares mixed; Pike falls, CEN up
Wednesday, 24 February 2010, 5:50 pm | Businesswire
Feb. 24 (BusinessWire) – New Zealand shares were mixed. Pike River Coal fell after announcing plans to issue more shares and bonds for working capital to complete its mine. Contact Energy Ltd., which posted unchanged first-half earnings yesterday, ... More >>
TVNZ interim profits take 51% hit
Wednesday, 24 February 2010, 4:24 pm | Businesswire
by Jason Krupp Feb. 24 (BusinessWire) - TVNZ, New Zealand’s state owned television and digital media company, announced a 51% drop in after tax profit compared to the previous year, from $18.3 million to $8.9 million, when it released its interim half-year ... More >>
Big private companies can keep their secrets
Wednesday, 24 February 2010, 4:22 pm | Businesswire
Big private companies can keep their secrets, says Power Feb. 24 (BusinessWire) - Private, unlisted companies will escape proposals to make them file annual accounts with the Companies Office, leaving important decisions about reporting standards ... More >>
Big private companies can keep their secrets
Wednesday, 24 February 2010, 4:20 pm | Businesswire
Feb. 24 (BusinessWire) - Private, unlisted companies will escape proposals to make them file annual accounts with the Companies Office, leaving important decisions about reporting standards for small business and charities to be resolved,says Commerce ... More >>
