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Businesswire - Latest News [Page 134]

Auckland Airport gets more overseas flights in '09

Friday, 5 February 2010, 12:58 pm | Businesswire

Feb. 5 (BusinessWire) – Auckland International Airport Ltd., the country’s major gateway, welcomed more international flights on to its runways in 2009, but fewer passengers. More >>

Briscoe FY profit almost doubled; shares jump

Friday, 5 February 2010, 10:22 am | Businesswire

Feb. 5 (BusinessWire) – Briscoe Group Ltd., the retailer controlled by managing director Rod Duke, said full-year profit almost doubled, restoring earnings to levels last seen in 2008, after strong Christmas trading fattened its margins. More >>

NZ dollar sinks to 5-month low on Spain, Portugal

Friday, 5 February 2010, 9:33 am | Businesswire

Feb. 5 (BusinessWire) – The New Zealand dollar sank to a five-month low as ongoing fears about the state of Spain’s and Portugal’s economies sapped investors’ appetite for higher yields, extending the kiwi’s slide from yesterday, when figures ... More >>

Stocks to watch: Briscoe, GEN, NZ Windfarms, PGW

Friday, 5 February 2010, 9:27 am | Businesswire

Feb. 5 (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: Shares slump amid pessimism

Friday, 5 February 2010, 7:13 am | Businesswire

Feb. 5 (BusinessWire) - Stocks dropped across Europe and on Wall Street as pessimism about the outlook for sovereign debt, earnings and the U.S. jobs market shook investor confidence. More >>

MARKET CLOSE: NZX 50 snaps 6-day fall; PGC, PGW up

Thursday, 4 February 2010, 6:04 pm | Businesswire

Feb. 4 (BusinessWire) – New Zealand shares rose, snapping a six-day losing streak, as higher-than-expected jobless figures prompted some investors to wind back the timing of central bank rate hikes and the kiwi dollar tumbled. Pyne Gould Corp., ... More >>

Auckland January house prices fall as sales slide

Thursday, 4 February 2010, 3:00 pm | Businesswire

Feb. 4 (BusinessWire) – Auckland house prices slid 8.6% last month amid an ongoing decline in sales, even as more properties are put on the market. More >>

Mint Chicks dump Warner for local start-up

Thursday, 4 February 2010, 1:52 pm | Businesswire

Feb. 4 (BusinessWire) - Wellington-based global internet entrepreneur WebFund is backing what it hopes will be a new way to make money in the cruel and unusual world of digital music sales. More >>

More Kiwis stayed home for global financial crisis

Thursday, 4 February 2010, 12:18 pm | Businesswire

Feb. 4 (BusinessWire) - A 22% drop in the number of New Zealanders and long term residents departing the country last year produced the highest net rise in permanent, long term migration since 2004, Statistics New Zealand figures issued today show. More >>

AMP NZ Office says tax changes would dent earnings

Thursday, 4 February 2010, 12:07 pm | Businesswire

Feb. 4 (BusinessWire) – Reforms proposed by the Tax Working Group, including removal of building depreciation and the introduction of a land tax, could slash earnings at AMP NZ Office Trust as much as 10% next year, said chairman Craig Stobo. More >>

NZ jobless rate jumps to 7.3%, sending kiwi down

Thursday, 4 February 2010, 11:32 am | Businesswire

NZ jobless rate jumps to 7.3%, may slow start of rate hikes; kiwi, swap rates drop More >>

Nuplex names Boral Severin as CEO, replacing Hirst

Thursday, 4 February 2010, 10:25 am | Businesswire

Feb. 4 (BusinessWire) – Nuplex Industries named Boral Ltd. executive Emery Severin as CEO, replacing long-serving John Hirst and marking the completion of a changing of the guard at the specialty chemicals maker. More >>

Stocks to watch: Air NZ, AMP, AIA, Pike River, TEL

Thursday, 4 February 2010, 9:42 am | Businesswire

Feb. 4 (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 falls below 71 US cts before jobs data

Thursday, 4 February 2010, 9:30 am | Businesswire

Feb. 4 (BusinessWire) – The New Zealand dollar fell below 71 U.S. cents as risk appetite waned amid ongoing concerns over European nations’ sovereign debt, and ahead of today’s employment data which is expected to show the jobless rate rose ... More >>

While you were sleeping: Stocks slide on weak results

Thursday, 4 February 2010, 6:56 am | Businesswire

Feb. 4 (BusinessWire) - Stocks in Europe and on Wall Street slid overnight as results from Electrolux, Outokumpu, Pfizer and Ryder System provided reasons to sell. More >>

NZ banks post 2nd-half loss on debt write-off, tax

Wednesday, 3 February 2010, 5:51 pm | Businesswire

Feb. 4 (BusinessWire) – New Zealand’s five major banks sank into the red through the second half of last year amid mounting bad debts and the $2 billion hit from the Inland Revenue Department over tax avoidance. More >>

MARKET CLOSE: NZ shares fall as earnings loom

Wednesday, 3 February 2010, 5:43 pm | Businesswire

Feb. 3 (BusinessWire) – New Zealand shares drifted lower amid speculation corporate earnings over the next few weeks will show the domestic economy is reviving only weakly. Rakon Ltd., Pike River Coal and NZ Farming Systems Uruguay were among the ... More >>

Telecom downplays reports of IT outsourcing

Wednesday, 3 February 2010, 4:28 pm | Businesswire

Feb. 3 (BusinessWire) – Telecom Corp., the country’s largest phone company, downplayed media reports that it’s looking to ship IT services offshore, calling them “factually incorrect.” The shares slipped 0.8% to $2.33 in trading today. More >>

South Canterbury says impairments lead to 1H loss

Wednesday, 3 February 2010, 4:17 pm | Businesswire

Feb. 3 (BusinessWire) - South Canterbury Finance Ltd., the finance company controlled by Alan Hubbard, said it will post a first-half loss on writedowns of impaired assets. More >>

Housing NZ to insure Kiwibank home loans for Maori

Wednesday, 3 February 2010, 1:32 pm | Businesswire

Feb. 3 (BusinessWire) – Housing New Zealand will act as guarantor for Kiwibank home mortgages on multiple-owned Maori land, overcoming a problem for Maori who have struggled to provide collateral when they build on ancestral land. More >>

   

 
 
 
 
 

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