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Businesswire - Latest News [Page 129]
ING Medical has swipe at tax reform, lifts profit
Wednesday, 17 February 2010, 11:56 am | Businesswire
Feb. 17 (BusinessWire) – ING Medical Properties Trust, the country’s only listed commercial landlord specialising in healthcare properties, took a swipe at the government’s proposal to eliminate tax write-offs for depreciating buildings. It posted a 15% ... More >>
Boost for Contact's customer numbers
Wednesday, 17 February 2010, 11:09 am | Businesswire
Feb. 17 (BusinessWire) - Contact Energy's electricity and gas customer numbers rose by 3,500 in January, suggesting the company's efforts to stem the tide of defections since late 2008 are starting to work. More >>
Fletcher 1H profit falls on steel, laminates
Wednesday, 17 February 2010, 10:28 am | Businesswire
Feb. 17 (BusinessWire) – Fletcher Building Ltd., New Zealand’s biggest construction company, posted a 10.5% decline in first-half earnings on lower sales of steel and laminates and said full-year profit will be eroded by weak commercial construction. More >>
Stocks to watch: Fletcher earnings, Contact, CCC
Wednesday, 17 February 2010, 9:40 am | Businesswire
Feb. 17 (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 >>
NZ dollar holds above 70 cts as RBA rate move eyed
Wednesday, 17 February 2010, 9:15 am | Businesswire
NZ dollar holds above 70 US cts as markets pick RBA to keep hiking rates More >>
While you were sleeping: Barclays bolsters optimism
Wednesday, 17 February 2010, 7:10 am | Businesswire
Feb. 17 (BusinessWire) - A surge in second-half profit at Barclays struck a chord with investors in Europe and the U.S. and propelled shares sharply higher. More >>
MARKET CLOSE: NZ shares gain; WBC, SKC rise
Tuesday, 16 February 2010, 6:52 pm | Businesswire
Feb. 16 (BusinessWire) - New Zealand shares rose, led by Westpac Banking Corp. after the second-largest Australian bank reported a jump in earnings on demand for loans and fewer defaults. Sky City Entertainment Group advanced after posting a gain in ... More >>
Fragrance provider hopes share offer smells sweet
Tuesday, 16 February 2010, 5:01 pm | Businesswire
Feb. 16 (BusinessWire) – New Zealand-based, globally oriented body, bath and home fragrance provider Ecoya is hoping a proposed $10 million share offer smells sweet to Kiwi investors. More >>
New Zealand bioscience sector growing
Tuesday, 16 February 2010, 4:25 pm | Businesswire
Feb. 16 (BusinessWire) – A quarter of New Zealand bioscience companies say access to capital for research is holding them back and a fifth say it is holding back commercialisation, says an expanded Statistics New Zealand survey of the bio-science sector. More >>
Uruguay dairy venture makes less of a loss
Tuesday, 16 February 2010, 4:02 pm | Businesswire
Feb. 16 (BusinessWire) – New Zealand Farming Systems Uruguay has done much better in the first half of the financial year compared to last season, but the corporate dairy farmer and land developer still has a way to go before it achieves profitability ... More >>
Refinery announces slashed profit for year
Tuesday, 16 February 2010, 3:44 pm | Businesswire
Feb. 16 (BusinessWire) – Decimation of the New Zealand Refining Company’s refining margins drove a sharp drop in profit for last year, with only a slight improvement in margins expected in the near future. More >>
Govt guarantee holds key to SCF's future: Maier
Tuesday, 16 February 2010, 3:10 pm | Businesswire
Feb. 16 (BusinessWire) – South Canterbury Finance's future depends on its acceptance into the government's deposit gurantee scheme as it approaches $1.1 billion of debt roll-overs between now and when the scheme shifts to new, more onerous conditions ... More >>
Costs up, prices down: NZ producers feel squeeze
Tuesday, 16 February 2010, 1:20 pm | Businesswire
Feb. 16 (BusinessWire) – New Zealand producers faced a double squeeze in the fourth quarter of last year as input prices rose while what they received fell, a sign that there is little room to pass on cost increases in a weak economy. More >>
Westpac first-quarter profit rises about 33%
Tuesday, 16 February 2010, 12:13 pm | Businesswire
Feb. 16 (BusinessWire) – Westpac Banking Corp., the second-largest Australian bank, said first-quarter profit jumped 33% as an improving economy stoked demand for loans and reduced defaults. More >>
Hercules upgrade delays cost 100 jobs in Blenheim
Tuesday, 16 February 2010, 12:07 pm | Businesswire
Feb. 16 (BusinessWire) - Air New Zealand Ltd.'s engineering subsidiary Safe Air is laying off close to a third of its workforce following indefinite delays in an upgrade project on the Royal New Zealand Air Force's fleet of C-130 Hercules transport aircraft. More >>
SkyCity profit surges 30% as interest costs fall
Tuesday, 16 February 2010, 11:51 am | Businesswire
Feb. 16 (BusinessWire) – SkyCity Entertainment Group, New Zealand’s biggest casino company, boosted first-half profit 30% after slashing interest costs by buying back U.S. debt with a favourable exchange rate. The shares gained 2.9% to $3.22 on the ... More >>
GPG ups offer for listed Australian farmer Tandou
Tuesday, 16 February 2010, 11:31 am | Businesswire
Feb. 16 (BusinessWire) – Guinness Peat Group, the investment group nursing an unprofitable threadmaker in Europe, has fattened its offer to shareholders of Tandou Ltd., the listed Australian farmer it aims to break up to extract greater returns from its ... More >>
Stocks to watch: AMP Office, AIA, LME, NZX, TEL
Tuesday, 16 February 2010, 9:53 am | Businesswire
Feb. 16 (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 >>
NZ dollar inches higher amid Asia, US holidays
Tuesday, 16 February 2010, 9:38 am | Businesswire
Feb. 16 (BusinessWire) – The New Zealand dollar inched higher, in subdued volumes with market holidays in the U.S. and much of East Asia, as investors await the outcome of the European finance ministers’ meeting which will decide the fate of a bailout ... More >>
While you were sleeping: Positive start in Europe
Tuesday, 16 February 2010, 7:36 am | Businesswire
Feb. 16 (BusinessWire) - Shares in Europe began the week on a positive note ahead of a key meeting on what the euro-zone group would do to help Greece through its deficit woes. More >>
