Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Businesswire for InfoPages here.
Businesswire - Latest News [Page 130]
MARKET CLOSE: NZ shares fall; NZX, FRE, PGW drop
Monday, 15 February 2010, 6:11 pm | Businesswire
Feb. 15 (BusinessWire) – New Zealand shares fell, led by NZX Ltd. after the market operator took an accounting charge against payments from its TZ1 carbon registry, and Freightways Ltd. fell after lowering its dividend and posting first-half earnings ... More >>
NZ Dollar Outlook: Kiwi may hold above 68 cts
Monday, 15 February 2010, 1:08 pm | Businesswire
NZ Dollar Outlook: Kiwi likely to hold above 68 US cts amid Europe debt issues More >>
NZ services sector expands for a third month: PSI
Monday, 15 February 2010, 11:31 am | Businesswire
Feb. 15 (BusinessWire) – New Zealand’s service sector expanded for a third month, albeit at a milder pace, adding to signs the economy’s recovery from recession will be gradual. More >>
NZX takes $20m hit on value of TZ1 post-Copenhagen
Monday, 15 February 2010, 10:57 am | Businesswire
Feb. 15 (BusinessWire) - A collapse in voluntary corporate participation carbon trading has forced NZX Ltd. To almost halve the value of shares it holds in Markit, the UK-based firm that purchased NZX’s TZ1 carbon registry last June. More >>
Freightways 1H net falls 14%, sees gradual pickup
Monday, 15 February 2010, 10:52 am | Businesswire
Feb. 15 (BusinessWire) – Freightways Ltd., the owner of courier brands including New Zealand Couriers, Post Haste and SUB60, posted a 14% decline in first-half earnings and said it expects a gradual pick-up as the domestic economy improves. More >>
NZ dollar falls on Greek bailout jitters
Monday, 15 February 2010, 10:28 am | Businesswire
Feb. 15 (BusinessWire) – The New Zealand dollar fell amid growing uncertainty over the European Union’s plan to bail out Greece from its fiscal woes, which sapped investors’ appetite for riskier, higher-yielding, assets. European officials warned ... More >>
Stocks to watch: AMP Office, AIA, LME, NZX, TEL
Monday, 15 February 2010, 9:22 am | Businesswire
Feb. 15 (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 of the day: Stocks fell on Wall Street ... More >>
World Week Ahead: Focus intensifies on euro-zone
Monday, 15 February 2010, 7:57 am | Businesswire
Feb. 15 (Business Wire) - Speculation is rife that the euro zone is about to implode and while the end result is likely to be less dramatic, investors will remain wary until some sort of concrete measures are detailed. More >>
SMELLIE SNIFFS THE BREEZE: Honeymoon over, game on
Friday, 12 February 2010, 6:41 pm | Businesswire
by Pattrick Smellie Feb. 12 (BusinessWire) - If I was John Key, I'd be rarked up too with Reserve Bank governor Alan Bollard raining on my parade by saying the most New Zealand could expect was "crumbs from Australia's table". More >>
MARKET CLOSE: NZ shares edge up
Friday, 12 February 2010, 6:32 pm | Businesswire
MARKET CLOSE: NZ shares edge up amid gloomy opening to earnings season Feb. 12 (BusinessWire) – New Zealand shares edged up today as Telecom Corp. reported a soft second quarter result despite some heavy cost-cutting measures, giving the earnings season a gloomy ... More >>
Key flays Bollard for ignoring NZ's potential
Friday, 12 February 2010, 5:12 pm | Businesswire
Key flays Bollard for ignoring NZ's water and mineral potential Feb. 12 (BusinessWire) – Prime Minister John Key today the opening of the world's largest milk treatment plant, in Southland, to lambast Reserve Bank Governor Alan Bollard's disbelief that ... More >>
EXCLUSIVE: Fonterra’s Ferrier on dairy prices
Friday, 12 February 2010, 3:04 pm | Businesswire
EXCLUSIVE: Fonterra’s Ferrier sees dairy prices stabilising, long-term growth Feb. 12 (BusinessWire) – Andrew Ferrier, the head of Fonterra Global Cooperative, expects dairy prices to ease back a bit after almost doubling through the last five ... More >>
Cellphone accounts top 5m, says 2degrees
Friday, 12 February 2010, 2:56 pm | Businesswire
Feb. 12 (BusinessWire) – New entrant mobile telco 2degrees is helping ensure there are more cellphone accounts than people in New Zealand, according to statistics released by the start-up carrier today. More >>
IN DETAIL: Telecom costs focus fails to halt slide
Friday, 12 February 2010, 12:51 pm | Businesswire
Feb. 12 (BusinessWire) – Telecom Corp., the country’s largest phone company, has seen its second-quarter profit slide 24% as its strong focus on cutbacks failed to yield bottom-line gains. More >>
Auck Airport off to Supreme Court over land claim
Friday, 12 February 2010, 12:42 pm | Businesswire
Auckland Airport heads to Supreme Court over land claim Feb. 12 (BusinessWire) - Auckland International Airport Ltd. is heading to the Supreme Court over a claim by the Craigie Trust, a property owner adjacent to the airport, for the return of ... More >>
Appliance wars and lattes boost Dec 1/4 retail
Friday, 12 February 2010, 12:11 pm | Businesswire
Appliance wars and lattes keep retail sales rising in Dec. quarter Feb. 12 (BusinessWire) - Retail sales continued to show gradual recovery in the three months to December 31, led by fierce competition among appliance retailers and the largest recorded ... More >>
House Sales Dry Up in January
Friday, 12 February 2010, 11:08 am | Businesswire
Feb. 12 (BusinessWire) - House sales fell close to 20 year lows last month, as uncertainty about property tax changes and ongoing fragility in the economic recovery continued to weigh on the market, according to Real Estate Institute of New Zealand figures ... More >>
Telecom Q2 underlying profit slumps 24
Friday, 12 February 2010, 10:04 am | Businesswire
Feb. 12 (BusinessWire) – Telecom Corp. the country’s largest phone company, announced a 24% slump in underlying second quarter profit as shrinking revenues took their toll in spite of a heavy cost-cutting programme. Net earnings fell to $80 million, ... More >>
NZ dollar pushes above 70 US cts
Friday, 12 February 2010, 9:16 am | Businesswire
NZ dollar pushes above 70 US cts on Aust employment data, Greece bail-out Feb. 12 (BusinessWire) – The New Zealand dollar pushed back above 70 U.S. cents for the first time in a week and a half after data showed Australian unemployment continued ... More >>
Stocks to watch: Telecom, Contact Energy, Tenon
Friday, 12 February 2010, 8:56 am | Businesswire
Feb. 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 >>
