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Businesswire - Latest News [Page 141]

Inflation flat lined in 4Q; RBNZ may hike in June

Monday, 18 January 2010, 8:28 am | Businesswire

NZ inflation may have flat lined in 4Q; RBNZ may hike OCR 75 bps by June More >>

WORLD WEEK AHEAD How sick is America?

Sunday, 17 January 2010, 5:07 pm | Businesswire

BusinessWire North American Correspondent Jan. 17 (BusinessWire) - JPMorgan Chase has dropped the gauntlet. Unfortunately, it wasn't quite what investors were seeking. More >>

MARKET CLOSE: NZ shares decline on low volumes

Saturday, 16 January 2010, 11:28 am | Businesswire

Jan. 15 (BusinessWire) – New Zealand shares fell in a muted trading session as the holiday period comes to a close, led by carpet maker Cavalier Corp. The NZX 50 Index fell 20.38, or 0.6%, to 3257.95. Within the index, 29 stocks declined, eight ... More >>

SMELLIE SNIFFS THE BREEZE: Europe's Irrelevance

Friday, 15 January 2010, 7:06 pm | Businesswire

by Pattrick Smellie Jan. 15 (BusinessWire) - It used to irk me, as a post-Rogernomics tourist in the 1980's, to fetch up in two-bit towns in France to find a gleaming and elaborate branch of the Paris department store, Galeries Lafayette, waiting to ... More >>

Next Wednesday for Tax Working Group report

Friday, 15 January 2010, 5:51 pm | Businesswire

Jan. 15 (BusinessWire) – The final report of the Victoria University Tax Working Group on strengthening the New Zealand tax base is due out next Wednesday. The TWG is already substantially influencing tax policy-making and the conclusions of its ... More >>

Provisions spark fresh Strategic Finance review

Friday, 15 January 2010, 2:20 pm | Businesswire

Jan. 15 (BusinessWire) – Strategic Finance Ltd., which missed its first payment to investors under the terms of its moratorium last week, has sparked a second review event with its trustee after boosting its provisions for bad loans. In a letter to ... More >>

First Kupe crude to Aust; OMV stalls on GSB

Friday, 15 January 2010, 12:43 pm | Businesswire

Jan. 15 (BusinessWire) - The first shipment of crude oil from the long-awaited Kupe oil and gas field heads for the Kwinana refinery in Australia from Port Taranaki next week, local partner in the field, New Zealand Oil & Gas announced today. More >>

Sealord auditor tags funding needs as concern

Friday, 15 January 2010, 11:57 am | Businesswire

Jan. 15 (BusinessWire) – Sealord Group, the fishing company owned by Aotearoa Fisheries and Japan’s Nippon Suisan Kaisha, had its funding lines flagged by the auditor of its annual financial statement, with almost $173 million falling due in June this ... More >>

Card statistics confirm flat Christmas

Friday, 15 January 2010, 11:54 am | Businesswire

Jan. 15 (BusinessWire) - Electronic card transaction figures for December confirm a modest recovery in consumer spending but, at best, an unspectacular Christmas for retailers depending on the yuletide season to boost sales. More >>

Stocks to watch: NZX, Warehouse, Air New Zealand

Friday, 15 January 2010, 9:47 am | Businesswire

Jan. 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. More >>

NZ dollar holds above 74 US cts

Friday, 15 January 2010, 9:27 am | Businesswire

Jan. 15 (BusinessWire) – The New Zealand dollar held above 74 U.S. cents after it surged up with its Australian counterpart following yesterday’s data showing unemployment unexpectedly fell to 5.5% last month. More >>

While you were sleeping: ECB holds, Obama moves

Friday, 15 January 2010, 7:06 am | Businesswire

Jan. 15 (BusinessWire) – Global stocks edged higher overnight, bolstered by positive comments from the European Central Bank, and continued optimism that the outlook for corporate earnings was improving. More >>

MARKET CLOSE: NZ shares edge up

Thursday, 14 January 2010, 6:05 pm | Businesswire

MARKET CLOSE: NZ shares edge up, led by ANZ and financial stocks Jan. 14 (BusinessWire) – New Zealand shares edged up in trading today, led by Australian New Zealand Banking Group and other financial stocks, amid an unexpected fall in Australia’s unemployment ... More >>

Harbour Asset Management team will have free rein

Thursday, 14 January 2010, 5:57 pm | Businesswire

Jan. 14 (BusinessWire) – Harbour Asset Management Ltd., the new funds management business made up of the old AllianceBernstein team, will operate on an arm’s length after broking house First NZ Capital helped set it up last month. First NZ chief ... More >>

Eastern Hi Fi calls in receivers

Thursday, 14 January 2010, 2:39 pm | Businesswire

Jan. 14 (BusinessWire) – Eastern Hi Fi Group, the home audio equipment company, has called in the receivers after the burden of leases on disused premises grew too much. In a statement to the stock exchange today, the NZAX-listed company it had ... More >>

TVNZ denies $15 million pay-out to Simunovich

Thursday, 14 January 2010, 2:30 pm | Businesswire

Jan. 14 (BusinessWire) – State broadcaster Television New Zealand is denying reports that it and the New Zealand Herald newspaper, owned by APN News & Media Ltd., have paid in excess of $15 million to settle the long-running defamation case with ... More >>

Home-building and hospitals boost Nov construction

Thursday, 14 January 2010, 11:24 am | Businesswire

Jan. 14 (BusinessWire) - The pace of residential home-building continues to pick up, although few new apartments are being built and non-residential construction is down across most sectors, according to November 2009 building consent totals released ... More >>