Businesswire - Latest News [Page 144]
While you were sleeping: U.S. jobs data awaited
Thursday, 7 January 2010, 6:41 am | Businesswire
Jan. 7 (Business Wire) – Global stocks remained in a virtual holding pattern ahead of Friday’s U.S. jobs reports with shares in both Europe and the U.S. fluctuating in narrow ranges. More >>
MARKET CLOSE: NZ shares edge up
Wednesday, 6 January 2010, 5:51 pm | Businesswire
Jan. 6 (BusinessWire) – New Zealand shares edged up today despite fears of grimmer consumer spending over the Christmas holiday period. More >>
NZ dollar slips as Fonterra milk price dips
Wednesday, 6 January 2010, 10:07 am | Businesswire
Jan. 6 (BusinessWire) – The New Zealand dollar slipped as the price of whole milk powder on Fonterra Cooperative Group’s online auction site dipped to more closely align with economic fundamentals. The price of whole milk powder fell 7% to US$3,309 ... More >>
Stocks to watch: Xero eyes US, NZX trading in 09
Wednesday, 6 January 2010, 9:34 am | Businesswire
Stocks to watch: Xero eyes US, NZX trading light in 2009, NZ Experience extends Rainbow’s End lease More >>
Fonterra milk price fall first in 6 months
Wednesday, 6 January 2010, 9:34 am | Businesswire
by Paul McBeth Jan. 6 (BusinessWire) – The price of whole milk powder eased from a peak in December to register its first fall in six months in Fonterra Cooperative Group’s online trading auction, though prices are still strong compared to the ... More >>
While you week sleeping: Stocks, oil hit pause
Wednesday, 6 January 2010, 7:18 am | Businesswire
Jan. 6 (Business Wire) – Investors in Europe and on Wall Street hit the pause button after the initial strong advance into the new year as they await further signs that the global economic recovery was strengthening. More >>
MARKET CLOSE: Upbeat start to 2010
Tuesday, 5 January 2010, 5:32 pm | Businesswire
Jan. 5 (BusinessWire) – New Zealand shares followed the upbeat sentiment around the world in their first day of trading this year as investors look forward to consolidating on 2009’s gains. The NZX 50 Index rose 38, or 1.2%, to 3268.18. Within the index, ... More >>
NZ Funds likes utilities in 2010
Tuesday, 5 January 2010, 5:00 pm | Businesswire
Jan. 5 (BusinessWire) - Limited competition, recession-proof demand and upsides from greater regulation make utilities a favoured pick for local funds management group, NZ Funds Management. More >>
Global woes push NZX five year trading low in 09
Tuesday, 5 January 2010, 3:27 pm | Businesswire
Jan. 5 (BusinessWire) - Sharemarket trading by volume and value was at its lowest ebb for five years in the 12 months to December 2009, despite a record year for new capital-raising for NZX Ltd and a near 20% uplift in the NZX50 Index, according to ... More >>
Flat first-half for Warehouse as Xmas cheer fails
Tuesday, 5 January 2010, 12:23 pm | Businesswire
by Paul McBeth Jan. 5 (BusinessWire) – Warehouse Group, the country’s largest listed retailer, predicts its first-half profit will be “similar” to last year’s after sales were flat in the last two months of 2009. The retailer expects a net ... More >>
Strategic Finance repays bank debt
Tuesday, 5 January 2010, 11:36 am | Businesswire
Jan. 5 (BusinessWire) – Strategic Finance Ltd., the finance company which owes about 15,000 investors some $325 million, will miss its first repayment to stockholders after bank debt took precedence over mum and dad investors, and will likely face ... More >>
Stocks to watch: Contact, Freightways, FBU
Tuesday, 5 January 2010, 9:54 am | Businesswire
Jan. 5 (BusinessWire) - The following stocks may be active on the New Zealand exchange after developments since the close of trading in 2009. All prices are in New Zealand dollars unless specified. More >>
NZ dollar starts 2010 on the front foot
Tuesday, 5 January 2010, 9:53 am | Businesswire
by Paul McBeth Jan. 5 (BusinessWire) – The New Zealand dollar started 2010 on the front foot, climbing above 73 U.S. cents as investors go into the New Year on an upbeat note. The Australian, New Zealand and Canadian dollars gained over the New ... More >>
While you week sleeping: Stocks surge into 2010
Tuesday, 5 January 2010, 7:10 am | Businesswire
Jan. 5 (Business Wire) – Global stocks powered into the new year, buoyed by manufacturing reports in China, India and the U.S., which fuelled optimism that the recovery was accelerating. More >>
While you week sleeping: Stocks end year mixed
Friday, 1 January 2010, 8:11 am | Businesswire
Jan. 1 (BusinessWire) – Stocks were mixed in shortened trading sessions on Thursday, with the FTSE 100 Index edging higher and the three major U.S. benchmarks sliding into the year end. More >>
MARKET CLOSE: NZ shares rise on last day of 2009
Thursday, 31 December 2009, 5:37 pm | Businesswire
Dec. 31 (BusinessWire) – New Zealand shares rose in the final trading session for 2009, rounding out an annual gain of about 18%. Warehouse Group paced gains in retailers. More >>
Cutting landlord tax breaks may push up rents
Thursday, 31 December 2009, 1:23 pm | Businesswire
Dec. 30 (BusinessWire) - Removing existing tax incentives for landlords emerges as a costly option for renters that would raise house prices and reduce the supply of housing stock, according to a simple model for assessing housing policy changes, ... More >>
Fonterra JV to buy Dutch partner's lactose unit
Thursday, 31 December 2009, 10:01 am | Businesswire
Dec. 31 (BusinessWire) – Fonterra Cooperative Group, the world’s biggest dairy exporter, said its joint venture with Royal FrieslandCampina will acquire the Dutch milk products group’s pharmaceutical lactose business for about $106 million. More >>
Stocks to watch: Air NZ, Allied, FBU, NZO
Thursday, 31 December 2009, 9:45 am | Businesswire
Dec. 30 (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 climbs over 72 US cts
Thursday, 31 December 2009, 9:31 am | Businesswire
Dec. 31 (BusinessWire) – The New Zealand dollar climbed back over 72 U.S. cents amid rumours the carry trade is shifting out of the greenback and back into the yen. More >>
