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Businesswire - Latest News [Page 133]

NZ business confidence still high, 2010 to be hard

Tuesday, 9 February 2010, 10:54 am | Businesswire

NZ business survey shows confidence still high but coming year expected to be hard work More >>

Warehouse Group plans $100m mln sale of 5-yr bonds

Tuesday, 9 February 2010, 9:58 am | Businesswire

Feb. 9 (BusinessWire) – Warehouse Group Ltd. plans to raise $100 million by selling five-year bonds next month. More >>

NZ dollar trades near 5-mth low ahead of PM speech

Tuesday, 9 February 2010, 9:05 am | Businesswire

Feb. 9 (BusinessWire) – The New Zealand dollar held above its five-month low ahead of Prime Minister John Key’s speech today which is expected to unveil the direction of the government’s tax and economic policy More >>

While you were sleeping: Equities held in check

Tuesday, 9 February 2010, 7:11 am | Businesswire

Feb. 9 (BusinessWire) - Global equities continue to be held back by concerns over the deficit outlooks for Greece, Portugal and Spain. More >>

MARKET CLOSE: NZX 50 hits 5-mth low; PGC, PRC fall

Monday, 8 February 2010, 6:19 pm | Businesswire

Feb. 8 (BusinessWire) – New Zealand shares fell, pushing the NZX 50 Index to a five-month low as Pyne Gould Corp. said it would take a charge against a loan on Marac’s books and Pike River Coal fell amid expectations it will tap investors ... More >>

Genesis opens bidding for Sth Island customer base

Monday, 8 February 2010, 4:25 pm | Businesswire

Genesis opens bidding for a South Island customer base Feb. 8 (BusinessWire) - Genesis Energy is the latest power company to go for a chunk of the once-lucrative Dunedin retail electricity market, following the announcement of electricity reforms that ... More >>

Kiwibank lowers floating rate

Monday, 8 February 2010, 4:05 pm | Businesswire

Feb. 8 - Kiwibank is the first bank to change its floating mortgage rate this year, cutting it by 14 basis points to 5.65% which is the second lowest floating rate behind BNZ's TotalMoney product offering the lowest rate of 5.59%. More >>

Pyne Gould’s Marac takes $2.5M provision for loan

Monday, 8 February 2010, 12:18 pm | Businesswire

Feb. 8 (BusinessWire) - Pyne Gould Corp.’s Marac finance unit has turned up irregularities relating to a business loan and will take a $2.5 million provisions against its first-half results. More >>

Margin pressure is rising for NZ power retailers

Monday, 8 February 2010, 12:02 pm | Businesswire

Feb. 8 (BusinessWire) - Electricity retailers will experience pressure on their profit margins in 2010, thanks to higher wholesale electricity prices, transmission system upgrade costs, and investment in new generation capacity, says Fitch Ratings in its ... More >>

NZ Dollar Outlook: Kiwi may weaken on global risk

Monday, 8 February 2010, 11:56 am | Businesswire

Feb. 8 (BusinessWire) – The New Zealand dollar may weaken this week from a five-month low as concern about sovereign risk in Europe drives investors to the relative safety of the greenback and the yen. More >>

Stocks to watch: Abano, Briscoe, FPH, SPY, TPW

Monday, 8 February 2010, 9:13 am | Businesswire

Feb. 8 (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 >>

Kiwi touches new five-month low as US sheds jobs

Monday, 8 February 2010, 9:02 am | Businesswire

Feb. 8 (BusinessWire) – The New Zealand dollar touched a new five-month low of 68.17 U.S. cents after weak domestic labour market and retail sales data late lastn weeke and weekend data showed the US unexpectedly shed jobs last month. More >>

World Week Ahead: Tolerance for risk takes a hit

Monday, 8 February 2010, 7:35 am | Businesswire

Feb. 8 (Business Wire) - Fear has returned and it appears set to drive many investors’ trading strategies at least until there are clearer signs how Europe is coping with rising deficits and more data supporting the recovery in the U.S. economy. More >>

NZ housing market ‘spongy,’ no sign of boom: RBNZ

Monday, 8 February 2010, 7:24 am | Businesswire

Feb. 8 (BusinessWire) – New Zealand’s housing market hasn’t worked itself up into another boom as initially feared, with weaker sales, less home building and lower mortgage approvals, Reserve Bank Governor Alan Bollard said. More >>

NZ house values rose last month in ‘patchy’ market

Monday, 8 February 2010, 7:18 am | Businesswire

Feb. 7 (BusinessWire) – House values rose 4.4% in the year through January in what was a “patchy” first month for 2010, according to State-owned property valuer QV Valuations. More >>

SMELLIE SNIFFS THE BREEZE: Foreshore, seabed, agh!

Friday, 5 February 2010, 7:04 pm | Businesswire

Feb. 5 (BusinessWire) - Early reports from today's hui of Maori and national leaders at Waitangi suggest a typically turbulent exchange, piqued this year by signs of how the John Key-led National-Maori Party government continues to change the way ... More >>

MARKET CLOSE: NZ stocks stumble in global sell-off

Friday, 5 February 2010, 6:45 pm | Businesswire

Feb. 5 (BusinessWire) – New Zealand shares fell, driving the NZX 50 Index to its biggest decline this year, as reverberating concerns over sovereign debt in Europe drive down equity markets worldwide. Fletcher Building, Telecom Corp. and New Zealand ... More >>