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Businesswire - Latest News [Page 140]
NZ consumer prices fell 0.2% in 4Q; kiwi drops
Wednesday, 20 January 2010, 11:30 am | Businesswire
Jan. 20 (BusinessWire) – New Zealand consumer prices fell in the fourth quarter, matching the central bank’s forecast and sending the kiwi dollar lower on the prospects of a longer wait before the bank raises interest rates. More >>
NZ dollar trades near top of range before CPI
Wednesday, 20 January 2010, 9:22 am | Businesswire
Jan. 20 (BusinessWire) – The New Zealand dollar held near the top of its recent range ahead of the fourth-quarter Consumer Price Index data which is expected to show inflation is tracking ahead of the central bank’s forecasts and will force ... More >>
Stocks to watch: Cynotech, Diligent, NZO, OGC, SPY
Wednesday, 20 January 2010, 8:51 am | Businesswire
Jan. 20 (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: Stocks higher on Kraft, Citi
Wednesday, 20 January 2010, 7:10 am | Businesswire
Jan. 20 (Business Wire) - Stocks edged higher overnight, paced by Cadbury’s acceptance of a takeover offer from Kraft Foods and an improving financial outlook for Citigroup. More >>
MARKET CLOSE: NZ shares fall to 2010 low; TEL down
Tuesday, 19 January 2010, 6:26 pm | Businesswire
Jan. 19 (BusinessWire) – New Zealand shares fell, pushing the NZX 50 Index to its lowest level this year, as concern about the prospects of tepid earnings in 2010 weighed on equity markets across Asia. Telecom Corp. led the decline. More >>
Crackdown on rental property loopholes tempts Key
Tuesday, 19 January 2010, 5:57 pm | Businesswire
Jan. 19 (BusinessWire) - Prime Minister John Key has given his strongest signal yet that the massive tax loophole around residential rental property investment is a prime target for reform, a day before the Victoria University Tax Working Group releases ... More >>
Hawk confident of success in 2nd tilt at Cynotech
Tuesday, 19 January 2010, 2:16 pm | Businesswire
Jan. 19 (BusinessWire) – Allan Hawkins is confident of success in his second attempt to take Cynotech Holdings Ltd. private after the Takeovers Panel granted exemptions for his preference share scheme. More >>
D&B tips RBNZ to hold rates until mid-year
Tuesday, 19 January 2010, 12:43 pm | Businesswire
Jan. 19 (BusinessWire) – Dun & Bradstreet, the debt collection agency, is tipping central bank Governor Alan Bollard will hold off hiking interest rates until the middle of this year. More >>
Global recovery will stoke appetite for M&A: KPMG
Tuesday, 19 January 2010, 12:39 pm | Businesswire
Jan. 18 (BusinessWire) – Appetite for mergers and acquisitions may return this year as the global economy emerges from the worst slump since WWII, helping stoke valuations as companies trim debt and lift earnings, according to KPMG. More >>
NZ dollar gains as U.S. takes holiday, CPI looms
Tuesday, 19 January 2010, 9:48 am | Businesswire
Jan. 19 (BusinessWire) – The New Zealand dollar edged higher in trading muted by a U.S. holiday ahead of inflation figures tomorrow that are expected to show prices are stronger than the central bank has forecast. More >>
Stocks to watch: ANZ Bank, Fletcher, PGC, TEL
Tuesday, 19 January 2010, 9:45 am | Businesswire
Jan. 19 (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: European shares mostly higher
Tuesday, 19 January 2010, 7:12 am | Businesswire
Jan. 19 (Business Wire) - Shares were mostly higher across Europe, paced by gains in base metals. U.S. markets were closed for the Martin Luther King Jr holiday. More >>
MARKET CLOSE: NZ shares dip on outlook, FBU down
Monday, 18 January 2010, 5:48 pm | Businesswire
Jan. 18 (BusinessWire) – New Zealand shares fell in light trading amid expectations companies will struggle to lift earnings this year and concern that consumers aren’t yet prepared to resume their spending habits. More >>
Expect a strong recovery in NZ economy: Westpac
Monday, 18 January 2010, 4:33 pm | Businesswire
Jan. 18 (BusinessWire) - New Zealand's economic recovery will be stronger than most economists are forecasting, with growth likely to top 4% next year, Westpac Banking Corp said in its quarterly economic overview. More >>
OceanaGold raises reserves estimate - again
Monday, 18 January 2010, 2:07 pm | Businesswire
Jan. 18 (BusinessWire) – OceanaGold Corp., the Macraes mine operator whose shares have soared as the price of gold climbed over the past 12 months, raised its reserves estimate for the third time in as many months. More >>
NZ Dollar Outlook: Kiwi trading water ahead of CPI
Monday, 18 January 2010, 1:10 pm | Businesswire
Jan. 18 (BusinessWire) – The New Zealand will likely trade within its recent ranges as investors wait for local consumer price index data on Wednesday to give indications on when the central bank will move in hiking interest rates. More >>
NZ house prices rose last month, sales dropped
Monday, 18 January 2010, 10:54 am | Businesswire
Jan. 18 (BusinessWire) – New Zealand house prices edged up in December as the property market continued to recover from its trough last year, though activity was at a “concerning” low level. More >>
NZ dollar eases as U.S. data supports greenback
Monday, 18 January 2010, 10:42 am | Businesswire
Jan. 18 (BusinessWire) – The New Zealand dollar fell after U.S. data underpinned support for the greenback while weak earnings in the world’s largest economy damped investors’ appetite for risk. More >>
Pyne Gould joins NZX 50 today, replacing Skellerup
Monday, 18 January 2010, 10:18 am | Businesswire
Jan. 18 (BusinessWire) - Pyne Gould Corp., the finance group that raised $267 million last year, joins the NZX 50 today, replacing manufacturing Skellerup Holdings. More >>
Stocks to watch: Fletcher, Infratil, PGW, Spotless
Monday, 18 January 2010, 9:18 am | Businesswire
Jan. 18 (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 >>
