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Businesswire - Latest News [Page 137]
Stocks to watch: Affco, Air NZ, Fletcher, Telecom
Friday, 29 January 2010, 9:32 am | Businesswire
Jan. 29 (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: Techs rattle Wall Street
Friday, 29 January 2010, 7:05 am | Businesswire
Jan. 28 (Business Wire) - Technology stocks took Wall Street sharply lower after Qualcomm and Motorola disappointed investors. Shares in Apple fell, adding to the gloom, as its new iPad tablet computer was harshly criticised by some bloggers. More >>
MARKET CLOSE: NZ shares extend drop; TEL, PPP fall
Thursday, 28 January 2010, 5:38 pm | Businesswire
Jan. 28 (BusinessWire) – New Zealand shares fell, pushing the NZX 50 Index to the lowest level in more than a month, as Telecom Corp. endured a second day of outages on its XT network and the price of oil fell, weighing on Pan Pacific Petroleum. More >>
NZ cartel crackdown aims to cut price gouging 20%
Thursday, 28 January 2010, 4:50 pm | Businesswire
Jan. 28 (BusinessWire) – A crackdown on cartels in New Zealand led by Commerce Minister Simon Power could save consumers facing prices up to 20% higher by companies gouging them. More >>
Telecom’s Reynolds apologises for XT outage
Thursday, 28 January 2010, 3:46 pm | Businesswire
Jan. 28 (BusinessWire) – Paul Reynolds, the head of Telecom Corp., has been forced to apologise to customers after an outage on its XT network extended into a second day, sending share down 0.7% to $2.42 in trading today. More >>
NZ dollar above 70.50 cts on global outlook, OCR
Thursday, 28 January 2010, 10:55 am | Businesswire
Jan. 28 (BusinessWire) – The New Zealand dollar held above 70.50 U.S. cents after central bank Governor Alan Bollard held the official cash rate at a record-low 2.5%, as ongoing concerns about the state of the global economy stay at the forefront of ... More >>
Stocks to watch: Abano, PRC, Telecom, WHS, XRO
Thursday, 28 January 2010, 9:32 am | Businesswire
Jan. 28 (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 >>
Bollard holds OCR at 2.5%, reiterates outlook
Thursday, 28 January 2010, 9:14 am | Businesswire
(BusinessWire) – Reserve Bank Governor Alan Bollard kept the official cash rate at a record-low 2.5% as expected, and said the gradual recovery in the economy was in line with expectations and gave him breathing space to stick to his timeline of ... More >>
While you were sleeping: Stocks extend their slide
Thursday, 28 January 2010, 7:00 am | Businesswire
Jan. 28 (Business Wire) - Concerns about stimulus measures being unwound around the globe and whether stock prices have risen too fast given the profit outlook took a bit more wind out of investors’ sails overnight. More >>
MARKET CLOSE: NZ shares fall; Nuplex, FBU drop
Wednesday, 27 January 2010, 6:55 pm | Businesswire
Jan. 27 (BusinessWire) – New Zealand shares fell as questions over the pace of world growth and China’s demand for raw materials weighed on the region’s equity markets. At home, Auckland International Airport is tapping investors for $126 million ... More >>
Outlook for NZ banks lifted to stable by Moody's
Wednesday, 27 January 2010, 4:30 pm | Businesswire
Jan. 27 (BusinessWire) – Ratings agency Moody’s Investors Service predicts New Zealand’s non-performing loans have peaked and has boosted its outlook on the country’s banking sector to stable as the economy dragged itself out of its worst recession ... More >>
Sanford’s Barratt calls for tax on forex trading
Wednesday, 27 January 2010, 3:02 pm | Businesswire
Jan. 27 (BusinessWire) – Sanford Ltd. chief Eric Barratt has called for a tax on non-trade related currency transactions in a bid to smooth the volatility of the kiwi after the rampant currency sapped returns on exports through the second half ... More >>
Abano first-half profit soars on asset sale
Wednesday, 27 January 2010, 12:09 pm | Businesswire
Jan. 27 (BusinessWire) – Abano Healthcare Group posted a surge in first-half profit on proceeds of the sale of its Bay Audiology unit that allowed it to slash debt and return funds to investors. More >>
Auckland Airport seeks $126M for Queensland foray
Wednesday, 27 January 2010, 11:26 am | Businesswire
Jan. 27 (BusinessWire) –Auckland International Airport Ltd. plans to raise as much as $126.4 million through a pro rata share offer to fund its investment in North Queensland airports that’s copped flack from investors wanting proof it will boost ... More >>
Xero signs accord with Yodlee, gaining bank feeds
Wednesday, 27 January 2010, 11:03 am | Businesswire
Xero enters agreement with Yodlee in the U.S., gaining access to more bank feeds More >>
Stocks to watch: Auckland Airport, NZO, PGW, XRO
Wednesday, 27 January 2010, 9:59 am | Businesswire
Jan. 27 (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 below 71 cts on US fiscal plans
Wednesday, 27 January 2010, 9:25 am | Businesswire
Jan. 27 (BusinessWire) – The New Zealand dollar held below 71 U.S. cents as investors were given the jitters by policy makers in the U.S. and China looking to put a freeze on non-military spending and reining in credit respectively. More >>
While you were sleeping: Confidence renewed
Wednesday, 27 January 2010, 7:04 am | Businesswire
Jan. 27 (Business Wire) - A boost in U.S. consumer confidence paced Wall Street higher after a weak lead from Europe on renewed concerns about the strength of the global economic recovery. More >>
S&P 500 results so far hint at pickup, Poore says
Wednesday, 27 January 2010, 12:59 am | Businesswire
Jan. 26 (BusinessWire) – Among companies on the Standard & Poor’s 500 that have reported so far there are early indications that an earnings recovery is underway after nine quarters of dwindling profits. More >>
MARKET CLOSE: NZX 50 snaps 7-day drop; MHI, AIA up
Tuesday, 26 January 2010, 5:54 pm | Businesswire
Jan. 26 (BusinessWire) – New Zealand shares snapped a seven-day slide in light trading as the Australia Day holiday sapped activity in the local market. Michael Hill International led gainers. More >>
