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Businesswire - Latest News [Page 145]
While you were sleeping: Stocks drift, USD rises
Thursday, 31 December 2009, 6:57 am | Businesswire
Dec. 31 (BusinessWire) - Stocks drifted lower in both Europe and the U.S. in very thin trading, with commodities prices sliding in response to gains by the U.S. dollar. More >>
MARKET CLOSE: NZ shares edge lower; WHS dips
Wednesday, 30 December 2009, 6:17 pm | Businesswire
Dec. 30 (BusinessWire) – New Zealand shares fell in thin summer holiday trading and after BioVittoria became the third initial public offering to falter, underpinning lacklustre demand for equities. Warehouse Group paced falling retailers. More >>
BioVittoria has support of banks, Thorrold says
Wednesday, 30 December 2009, 5:52 pm | Businesswire
By Jonathan Underhill Dec. 30 (BusinessWire) - BioVittoria, which became New Zealand’s third initial public offering in two months to falter, has the support of its banks while in breach of a lending covenant, said chief executive David Thorrold More >>
BioVittoria float latest to fail
Wednesday, 30 December 2009, 2:25 pm | Businesswire
by Jonathan Underhill Dec. 30 (BusinessWire) – BioVittoria, the company seeking to commercialise a sweetener extracted from a Chinese fruit, has become the latest IPO hopeful to falter after its fund raising fell well short of its $20 million target. ... More >>
Stocks to watch: Contact, NZ Refining, Nuplex
Wednesday, 30 December 2009, 9:43 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 gains heading into month-, year-end
Wednesday, 30 December 2009, 9:24 am | Businesswire
Dec. 30 (BusinessWire) – The New Zealand dollar gained as some fund managers preparing for month-end flowed into the trans-Tasman currencies to square up their position heading into January. More >>
While you week sleeping: Rally to extend into 2010
Wednesday, 30 December 2009, 7:20 am | Businesswire
Dec. 29 (BusinessWire) – Stocks edged higher in Europe led by miners, while they were mixed on Wall Street in thin trading. More >>
MARKET CLOSE: NZ shares rise, led by Telecom
Tuesday, 29 December 2009, 5:42 pm | Businesswire
Dec. 29 (BusinessWire) – New Zealand shares rose in subdued trading, as many local investors took a Christmas-New Year holiday. Telecom Corp. and NZX Ltd. led the advance. More >>
Loose KEA expat network worth keeping: LECG
Tuesday, 29 December 2009, 5:00 pm | Businesswire
Dec. 29 (BusinessWire) - Annual taxpayer investment of $630,000 in KEA, a loose network of high net worth Kiwi expatriates, is worth the effort, but not much more should be sought from it, says a report for the Ministry of Economic Development by the ... More >>
Weak NZ power station investment threatens supply
Tuesday, 29 December 2009, 2:33 pm | Businesswire
Dec. 29 (BusinessWire) - Power companies' intentions to build new power stations have collapsed over the past year, with potential for electricity shortages re-emerging from 2013 onwards unless more new projects are committed in the next 12 months, says ... More >>
Nufarm, pursued by Sinochem, teams with Sumitomo
Tuesday, 29 December 2009, 2:17 pm | Businesswire
Dec. 29 (BusinessWire) – Nufarm Ltd., the Australasian farm chemical company being pursued by China’s Sinochem Corp., said Japan’s Sumitomo Chemical Co. has agreed to buy a 20% stake in the company at a superior price. More >>
Maier sees 12 months of change in Hubbard empire
Tuesday, 29 December 2009, 1:47 pm | Businesswire
Dec. 29 (BusinessWire) – Sandy Maier, who has been tapped for the role of chief executive in businessman Allan Hubbard’s investment group, says he is being brought in as a change manager with a set of tasks to be achieved over the next 12 months. More >>
DFC veteran Maier named CEO of South Canterbury
Tuesday, 29 December 2009, 1:13 pm | Businesswire
Dec. 29 (BusinessWire) – South Canterbury Finance, whose shareholder was forced to inject funds and underwrite bad loans last year, named statutory management veteran Sandy Maier as chief executive. More >>
NZ dollar heads for third monthly decline vs US
Tuesday, 29 December 2009, 9:55 am | Businesswire
Dec. 29 (BusinessWire) – The New Zealand dollar headed for its third straight monthly decline, having peaked above 76 U.S. cents in October, as the U.S. dollar climbs from its lows against the yen and euro and investors square up ahead of the New Year ... More >>
Stocks to watch: EWC, LMP, NZO, Wrightson
Tuesday, 29 December 2009, 9:46 am | Businesswire
Dec. 29 (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 >>
World Week Ahead: Investors grow more upbeat
Monday, 28 December 2009, 9:25 am | Businesswire
Dec. 28 (BusinessWire) - There’s no sign yet that investors are going to hit the pause button, and no reason why they should. More >>
While you were sleeping: Stocks edged higher
Friday, 25 December 2009, 6:43 am | Businesswire
Dec. 25 (BusinessWire) - Signs of continuing strength in the U.S. economy helped propel shares higher in the U.S. and Europe in shortened trading sessions ahead of Christmas. More >>
MARKET CLOSE: NZ stocks drift in pre-Xmas trade
Thursday, 24 December 2009, 5:31 pm | Businesswire
Dec. 24 (BusinessWire) – The NZX 50 drifted lower in light trading, in a shortened Christmas Eve session. Pan Pacific Petroleum led gainers as the price of crude oil rose. Carpet maker Cavaliar Corp. was the biggest decliner. More >>
Auckland City Council looks at retail bond market
Thursday, 24 December 2009, 4:11 pm | Businesswire
Dec. 24 (BusinessWire) – Auckland City Council is looking to tap the retail market for funds again in a public bond offering. More >>
NZ stocks confound strategists in 2009 with rally
Thursday, 24 December 2009, 4:09 pm | Businesswire
Dec. 24 (BusinessWire) – New Zealand’s stock market confounded investment strategists in 2009, a year that began with a retreat toward anything defensive and ended with a halfway decent rally led by fast-food operator Restaurant Brands and children’s ... More >>
