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Businesswire - Latest News [Page 143]
Hubbard brings companies under a new umbrella
Monday, 11 January 2010, 11:01 am | Businesswire
Jan. 11 (BusinessWire) – Timaru millionaire Allan Hubbard has brought his finance, helicopter and apple export companies under a new umbrella, Southbury Corp., and completed a $27.5 million private placement to inject capital into his ailing finance ... More >>
Stocks to watch: AIA, AFFCO, Fletcher Building
Monday, 11 January 2010, 9:38 am | Businesswire
Jan. 11 (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 gains on prospect of low US rates
Monday, 11 January 2010, 9:14 am | Businesswire
by Paul McBeth Jan. 11 (BusinessWire) – The New Zealand dollar gained over the weekend on the prospect that U.S. interest rates will remain at extraordinarily low levels for longer than anticipated after weak employment data in America on Friday. ... More >>
NZ house prices heading back to boom-time values
Monday, 11 January 2010, 8:58 am | Businesswire
NZ house prices heading back to boom-time values: QV Jan. 10 (BusinessWire) – House values rose 2.8% last year after they hit a bottom in April, and steadily improved from there, according to QV Valuations. The State-owned property valuer said house ... More >>
World Week Ahead: US jobs data knock recovery hope
Monday, 11 January 2010, 8:43 am | Businesswire
Jan. 11 (Business Wire) - Jobs reports out of Europe and the U.S. on Friday pointed to a bleak outlook for anyone looking for work and continuing angst for those who have jobs. More >>
SMELLIE SNIFFS THE BREEZE: Is John Key "Level 5"?
Friday, 8 January 2010, 6:13 pm | Businesswire
Jan. 15 (BusinessWire) - Coming as he does from a corporate background, it's a fair bet that Prime Minister John Key has come across more than the occasional management and leadership theory. More >>
MARKET CLOSE: NZ shares gain, led by Michael Hill
Friday, 8 January 2010, 5:49 pm | Businesswire
Jan. 8 (BusinessWire) – New Zealand shares rose, led by jewellery chain Michael Hill International Ltd. which reported an increase in Christmas trading on a “same store” basis. The NZX 50 Index rose 25.4, or 0.8%, to 3310.2. Within the index, ... More >>
Fertiliser price pressure likely as farms recover
Friday, 8 January 2010, 4:11 pm | Businesswire
Jan. 8 (BusinessWire) - Global agricultural lender Rabobank is warning that last year's sharp rundown in farm inputs manufacturing threatens price pressure and supply bottlenecks as agricultural commodity prices rebound this year and farmer resume ... More >>
Greymouth Chilean oil project frustrated by policy
Friday, 8 January 2010, 3:20 pm | Businesswire
Jan. 8 (BusinessWire) - Greymouth Petroleum has confirmed first flows of oil and gas from its joint venture exploration project with the Chilean state oil company after more than a year's delay caused by unexpected changes to New Zealand tax law ... More >>
Stronger Christmas for Michael Hill in NZ and Aust
Friday, 8 January 2010, 10:39 am | Businesswire
Dec. 8 (BusinessWire) - Michael Hill International Ltd., the jewellery chain store operator, is reporting strong recovery in Australian and New Zealand same store chains in the second half of last year, according to a preliminary sales report on the last ... More >>
Stocks to watch: Michael Hill Xmas trading, CEN
Friday, 8 January 2010, 9:31 am | Businesswire
Jan. 8 (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 drops below 80 Aust cents
Friday, 8 January 2010, 9:07 am | Businesswire
Jan. 8 (BusinessWire) – The New Zealand dollar dropped below 80 Australian cents for the first time in 10 days after data showed consumer spending surged across the Tasman. Australian retail sales jumped 1.4% in November from the previous month, ... More >>
While you were sleeping: Narrow range, China moves
Friday, 8 January 2010, 7:16 am | Businesswire
Jan. 8 (Business Wire) - Stocks traded in a narrow range in both Europe and on Wall Street overnight as investors appeared willing to wait on the sidelines for clearer signs of where the global recovery was headed. More >>
MARKET CLOSE: NZ shares gain in thin trading
Thursday, 7 January 2010, 6:03 pm | Businesswire
Jan. 7 (BusinessWire) – New Zealand shares rose in thin trading today amid mixed equity markets across the Asia-Pacific region. The NZX 50 Index rose 13.24, or 0.4%, to 3284.81. Within the index, 22 stocks gained, 13 were unchanged, two didn’t trade ... More >>
Sky City expects to bank $70m from sale of cinemas
Thursday, 7 January 2010, 2:28 pm | Businesswire
Jan. 7 (BusinessWire) – Sky City Entertainment Group, the casino operator, has finalised the sale of its New Zealand and Fijian cinemas business to Amalgamated Holdings, and expects to make a further $10 million from the sale of the associated ... More >>
PGGW sells half-stake in Canterbury saleyards
Thursday, 7 January 2010, 1:07 pm | Businesswire
PGGW sells half-stake to partner in Canterbury saleyards Jan. 7 (BusinessWire) - Listed rural services company PGG Wrightson Ltd is to sell a half-stake in the Canterbury Saleyards Company Ltd to its long-time partner in using the facility, Rural Livestock ... More >>
Auckland house prices back at boom levels: Barfoot
Thursday, 7 January 2010, 12:54 pm | Businesswire
by Paul McBeth Jan. 7 (BusinessWire) – Auckland house prices edged up to a two-year high in December as sellers achieve prices similar to the top of the property boom. The average sale price rose 0.5% last month from November to $552,933, according ... More >>
NZ annual trade deficit smallest in 7 years
Thursday, 7 January 2010, 12:22 pm | Businesswire
Jan. 7 (BusinessWire) – New Zealand’s annual trade balance shrank to its smallest deficit in more than seven years as the value of imported good slumped more than exports. Statistics New Zealand’s overseas merchandise trade figures released today ... More >>
Stocks to watch: NZOG, Kathmandu, WEL, TPW
Thursday, 7 January 2010, 9:37 am | Businesswire
Jan. 7 (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 surges to 7-week high
Thursday, 7 January 2010, 9:14 am | Businesswire
Jan. 7 (BusinesWire) – The New Zealand dollar surged to a seven-week high after the Federal Open Market Committee’s December minutes painted a gloomier outlook for the U.S. economy. The FOMC reaffirmed that the state of the world’s largest ... More >>
