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Businesswire - Latest News [Page 126]

NZ housing confidence still upbeat: ASB

Tuesday, 23 February 2010, 11:53 am | Businesswire

Feb. 23 (BusinessWire) – New Zealand housing confidence is still upbeat even if it’s somewhat tarnished, according to ASB economists. More >>

Telecom network executive resigns amid XT outages

Tuesday, 23 February 2010, 11:51 am | Businesswire

Feb. 23 (BusinessWire) – One of Telecom Corp.’s key executives responsible for its networks has resigned amid further XT outages, following the departure of the New Zealand chief of Alcatel-Lucent, which built the system. More >>

NZ dollar holds above 70 cts after Yellen comments

Tuesday, 23 February 2010, 11:42 am | Businesswire

Feb. 23 (BusinessWire) – The New Zealand dollar held above 70 U.S. cents as San Francisco Federal Reserve President Janet Yellen reaffirmed the central bank’s stance that interest rates will remain exceptionally low. More >>

Charlie’s squeezes more profit on Australian sales

Tuesday, 23 February 2010, 11:37 am | Businesswire

Feb. 23 (BusinessWire) –Charlie’s Group Ltd., the beverage company, turned to a profit in the first half, helped by a jump in sales in Australia, where the company is expanding. More >>

Contact 1H earnings flat amid low tariffs

Tuesday, 23 February 2010, 9:59 am | Businesswire

Feb. 23 (BusinessWire) - Contact Energy Ltd., the biggest utility on the NZX 50 Index, posted little-changed underlying earnings for the first-half, missing some analyst estimates. More >>

Stocks to watch: AIA, Contact, CYT, KMD, SKT

Tuesday, 23 February 2010, 9:15 am | Businesswire

Feb. 22 (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: Directions awaited

Tuesday, 23 February 2010, 6:20 am | Businesswire

Feb. 23 (Business Wire) - Global stocks slipped amid uncertainty about the euro-zone’s plan to bolster Greece and ahead of Congressional testimony by Federal Reserve Chairman Ben Bernanke on the state of the U.S. economy. More >>

MARKET CLOSE: NZ shares rise; CAV gains, ALF down

Monday, 22 February 2010, 7:01 pm | Businesswire

Feb. 22 (BusinessWire) – New Zealand shares rose, with Westpac Banking Corp. leading gains in Australian or dual-listed companies as the S&P/ASX 200 Index rose, and Cavalier Corp. advancing after the carpet maker lifted its earnings guidance. More >>

XT network out again

Monday, 22 February 2010, 6:25 pm | Businesswire

XT network out again Feb. 22 (BusinessWire) - Telecom's troubled XT network has suffered another failure, affecting customers south of Taupo, including some in the South Island. More >>

Fairfax returns to profit amid online growth

Monday, 22 February 2010, 4:25 pm | Businesswire

Feb. 22 (BusinessWire) - Fairfax Media, publisher of daily newspapers in Australia and New Zealand and owner of the popular TradeMe auction website, returned to profit in the first half with print media continuing to weaken and earnings growth at its ... More >>

MRP 1st-half earnings flat compared to past trends

Monday, 22 February 2010, 4:08 pm | Businesswire

Feb. 22 (BusinessWire) - State-owned electricity generator and retailer MightyRiverPower has turned in historically flat underlying earnings of $85.5 million for the six months to Dec. 31, reflecting less favourable wholesale market conditions and increased ... More >>

NZ Dollar Outlook: Kiwi may hold below 71 US cts

Monday, 22 February 2010, 1:58 pm | Businesswire

Feb. 22 (BusinessWire) – The New Zealand dollar will likely be capped below 71 U.S. cents this week with prospects for the greenback to strengthen as the world’s largest economy resumes is gradual recovery. More >>

Allied Farmers not happy with NZX50 explanation

Monday, 22 February 2010, 12:59 pm | Businesswire

Feb. 22 (BusinessWire) - Allied Farmers Ltd. remains dissatisfied with two explanations from NZX Ltd., the New Zealand stock exchange operator, about its actions last week which informed a non-public group on Monday that ALF shares were to become part of ... More >>

Telecom, Vodafone win on mobile rates

Monday, 22 February 2010, 11:34 am | Businesswire

Feb. 22 (BusinessWire) – Telecom Corp. and Vodafone New Zealand, the country’s mobile phone powerhouses, have won over the regulator with their last-ditch effort to avoid regulation for mobile termination rates (MTRs). More >>

PFI distributable earnings up 1.4%

Monday, 22 February 2010, 10:18 am | Businesswire

Property for Industry distributable earnings up 1.4%, portfolio value shrinks for second year Feb. 22 (BusinessWire) – Property for Industry Ltd., the investment group managed by AMP Capital Investors, posted a 1.4% gain on its full-year earnings ... More >>