Businesswire - Latest News [Page 142]
Fragile jobs mood turning positive
Wednesday, 13 January 2010, 6:32 pm | Businesswire
Jan. 13 (BusinessWire) - New Zealanders are feeling more confident about the current jobs outlook than at any time in the last two years, but job security is still fragile as the economy reaches a turning point out of recession, says Westpac Bank. More >>
MARKET CLOSE: NZ shares fall for third straight da
Wednesday, 13 January 2010, 5:40 pm | Businesswire
Jan. 13 (BusinessWire) – New Zealand shares fell for a third straight day, led by financial stocks, amid indications the Chinese government may be putting the brakes on its economy. The NZX 50 Index dropped 14.09, or 0.4%, to 3276.19. Within the index, ... More >>
NZ commodity index up 30% in 2009: ANZ
Wednesday, 13 January 2010, 3:45 pm | Businesswire
Jan. 13 (BusinessWire) – The largest annual increases in the price of dairy, aluminium and sawn timber products led the 30% gain in New Zealand commodity prices last year. The ANZ Commodity Price Index gained 2.6% in December from a month earlier, with ... More >>
Keep dumping duties on Malaysian wire, says MED
Wednesday, 13 January 2010, 12:57 pm | Businesswire
by Paul McBeth Jan. 13 (BusinessWire) – Pacific Wire, a unit of the country’s largest listed company Fletcher Building Ltd., could come under threat if the government removes its anti-dumping duty on galvanised wire, according to the Ministry of Economic ... More >>
Full takeover bid for Horizon as interest mounts
Wednesday, 13 January 2010, 10:41 am | Businesswire
by Pattrick Smellie Jan. 13 (BusinessWire) - Eastern Bay of Plenty Trust is to make a full takeover bid for the local monopoly lines company, NZX-listed Horizon Energy Distribution Ltd, the trust announced this morning. More >>
Stocks to watch: Air NZ prepares for ski season
Wednesday, 13 January 2010, 9:33 am | Businesswire
Jan. 13 (BusinessWire) - The following stocks may be active on the New Zealand exchange after developments since the close of trading last week. All prices are in New Zealand dollars unless specified. More >>
NZ dollar slips as China moves on monetary policy
Wednesday, 13 January 2010, 9:25 am | Businesswire
Jan. 13 (BusinessWire) – The New Zealand dollar slipped below 74 U.S. cents after the Chinese central bank signalled an early move towards a more normal monetary policy setting. The People’s Bank of China boosted banks’ reserve requirements 50 basis ... More >>
While you were sleeping: Stocks fall, USD rises
Wednesday, 13 January 2010, 7:12 am | Businesswire
Jan. 13 (BusinessWire) – Disappointing results from Alcoa and a profit warning from Chevron took the wind out of the sails of equity investors who earlier placed bets on higher earnings and optimistm about the outlook for U.S. companies. More >>
MARKET CLOSE: NZ shares mirror Asian market falls
Tuesday, 12 January 2010, 5:48 pm | Businesswire
Jan. 12 (BusinessWire) – New Zealand shares fell for a second day in a row as stock markets were down around Asia and the Pacific ahead of the fourth-quarter earnings season in the U.S. next week. More >>
Credit card surcharges attract ComCom scrutiny
Tuesday, 12 January 2010, 4:19 pm | Businesswire
by Pattrick Smellie Jan. 12 (BusinessWire) - Retailers who charge customers extra for using credit cards need to inform them up-front about such charges or they could face investigation by the country's competition watchdog, the Commerce Commission. More >>
Telecom pays $9.5 mln for broadband overcharging
Tuesday, 12 January 2010, 12:05 pm | Businesswire
Jan. 12 (BusinessWire) – Telecom Corp., the country’s largest phone company, has paid out $9.5 million to overcharged customers and rejigged its administration and monitoring procedures after it settled with the competition regulator for breaching ... More >>
Applefields shares suspended ahead of de-listing
Tuesday, 12 January 2010, 11:32 am | Businesswire
12 Jan. (BusinessWire) - Shareholders in the troubled orchardist-turned-property developer Applefields Ltd will be asked to approve delisting from the New Zealand stock exchange at a special meeting in Christchurch on January 28, Applefields Tom ... More >>
Business optimism stalls for recovery to catch up
Tuesday, 12 January 2010, 10:22 am | Businesswire
Business optimism stalls for recovery to catch up Jan. 12 (BusinessWire) - Business confidence stalled in December as firms wait for the reality of economic recovery to catch up to the sharp jump in expectations seen in the September quarter, according ... More >>
Stocks to watch: Hallensteins, Pike River, Nuplex
Tuesday, 12 January 2010, 9:35 am | Businesswire
Jan. 12 (BusinessWire) - The following stocks may be active on the New Zealand exchange after developments since the close of trading last week. All prices are in New Zealand dollars unless specified. More >>
NZ dollar pushes above 74 US cts ahead of QSBO
Tuesday, 12 January 2010, 9:13 am | Businesswire
Jan. 12 (BusinessWire) – The New Zealand dollar rose above 74 U.S. cents ahead of today’s Quarterly Survey of Business Opinion which is expected to show continued growth in firms’ expectations in profitability and employment this year. The New ... More >>
While you were sleeping: Stocks mixed; USD slides
Tuesday, 12 January 2010, 7:03 am | Businesswire
Jan. 12 (BusinessWire) – Stocks were mixed ahead of the start of the U.S. corporate earnings season. Alcoa was set to report its results after Wall Street's closing bell. More >>
MARKET CLOSE: NZ shares edge lower, caution on AIA
Monday, 11 January 2010, 6:25 pm | Businesswire
Jan. 11 (BusinessWire) – New Zealand shares edged lower in the first day this year where trading volumes resembled normal levels, led by a decline in Auckland International Airport Ltd. after it announced it was buying holdings in two North Queensland airports. More >>
Infratil quits Energy Developments for A$140 mln
Monday, 11 January 2010, 2:12 pm | Businesswire
Jan. 11 (BusinessWire) – Infratil Ltd., the infrastructure investment company, has sold its 32% stake in Brisbane-based Energy Developments for some A$140 million. The company set up by Lloyd Morrison first flagged its interest in selling its holding ... More >>
NZ Dollar Outlook: Kiwi likely to gain
Monday, 11 January 2010, 12:37 pm | Businesswire
Jan. 11 (BusinessWire) – The New Zealand dollar looks likely to gain as investors return from their Christmas and New Year holidays emboldened by the prospects for higher-yielding, riskier assets as the global economy continues its recovery this ... More >>
AIA seeks tourism growth through North Queensland
Monday, 11 January 2010, 11:03 am | Businesswire
Jan. 11 (BusinessWire) - Auckland International Airport Ltd. is buying a strategic 24.55% in North Queensland's Cairns and Mackay airports in a bid to pull more Asian-sourced tourists to New Zealand and ramp up New Zealand travel to Australia's popular tropical ... More >>
