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Businesswire - Latest News [Page 15]
NZ dollar climbs as rises almost 1 US cents on Greek deal
Friday, 9 March 2012, 8:44 am | Businesswire
March 9 (BusinessDesk) – The New Zealand dollar gained almost 1 US overnight on optimism Greece will secure its second bailout package, making back the ground lost yesterday when Reserve Bank Governor Alan Bollard tried to talk down the currency. ... More >>
DHBs get ‘could do better’ score on asset management
Wednesday, 7 March 2012, 7:07 am | Businesswire
March 6 (BusinessDesk) – New Zealand’s district health boards need to apply more rigour to the management of their assets if they are to improve financial planning and lift the quality of their services, according to the Auditor-General. More >>
Prices of dairy products fall 0.9% on GlobalDairyTrade
Wednesday, 7 March 2012, 6:49 am | Businesswire
March 7 (BusinessDesk) – Prices of dairy products fell for the third straight sale on the GlobalDairyTrade platform in a week in which China lowered its target for economic growth and figures confirmed Europe’s economy contracted. More >>
World Week Ahead: iPads and jobs
Monday, 5 March 2012, 7:32 am | Businesswire
World Week Ahead: iPads and jobs By Margreet Dietz March 5 (BusinessDesk) - Apple this week is going to offer a distraction for investors when it hosts a meeting at which it is widely expected to unveil the latest version of its iPad tablet. Exceeding ... More >>
World Week Ahead: Clues on US, Chinese manufacturing
Monday, 27 February 2012, 6:43 am | Businesswire
World Week Ahead: Clues on US, Chinese manufacturing By Margreet Dietz Feb. 27 (BusinessDesk) - The focus will shift this week to the strength of the economies of the US and China, where the latest readings on manufacturing will perhaps provide a fresh reason to ... More >>
Millennium Copthorne back in profit in NZ
Wednesday, 22 February 2012, 7:58 pm | Businesswire
Feb. 22 (BusinessDesk) – Despite the Christchurch earthquakes, the 2011 financial year was kinder to hotel operator and property developer Millennium & Copthorne Hotels New Zealand, with the company returning to profit after a disaster in China ... More >>
NZ dollar could hit 90 US cents in early 2013, ANZ says
Wednesday, 22 February 2012, 7:41 pm | Businesswire
NZ dollar could hit 90 US cents in early 2013 as greenback faces headwinds, ANZ says More >>
Chandler stresses responsible investment in Gunns deal
Wednesday, 22 February 2012, 6:11 pm | Businesswire
Feb. 22 (BusinessDesk) – New Zealand-born billionaire Richard Chandler has talked up the responsible investment approach he operates with as his investment vehicle undertakes due diligence on Tasmanian timber company Gunns. More >>
MARKET CLOSE: NZ shares fall as Fletcher result disappoints
Wednesday, 22 February 2012, 6:00 pm | Businesswire
Feb. 22 (BusinessDesk) – New Zealand shares fell after Fletcher Building posted first-half earnings that missed its own guidance and cut its full-year forecast, saying it sees little improvement in home-building demand. NZ Refining surged a day ... More >>
NZ dollar falls as euro doubts linger
Wednesday, 22 February 2012, 5:10 pm | Businesswire
Feb. 22 (BusinessDesk) – The New Zealand dollar fell during the local trading session as the penning of a second bail-out package for Greece reignited uncertainty about Europe’s future, and a contraction in Chinese manufacturing dimmed investors’ ... More >>
NZ dollar pares loss after Europe cuts a deal on Greek debt
Tuesday, 21 February 2012, 5:57 pm | Businesswire
Feb. 21 (BusinessDesk) – The New Zealand dollar pared losses in local trading after European finance chiefs cut a deal that will let Greek dodge defaulting on debt repayments next month, stoking investors’ appetite for risk-sensitive assets. More >>
Ebos 1H sales, earnings growth stall
Tuesday, 21 February 2012, 5:04 pm | Businesswire
Feb. 21 (BusinessDesk) – Ebos Group’s first-half sales and earnings growth stalled as the distributor of medical equipment and consumables faced a ‘difficult economic environment’ and costs associated with an acquisition. More >>
NZ Refining to spend $425M on Marsden Point upgrade
Tuesday, 21 February 2012, 4:26 pm | Businesswire
Feb. 21 (BusinessDesk) – The Marsden Point oil refinery is to undergo its third major upgrade in seven years, with the board of New Zealand Refining signing off a $425 million project today, despite also announcing a 40 percent drop in profit ... More >>
Crafar delay looms as government lawyers weigh opinion
Monday, 20 February 2012, 6:06 pm | Businesswire
Feb. 20 (BusinessDesk) – The government and the Overseas Investment Office are waiting on a legal opinion from the Crown Law Office on last week’s shock decision to send the decision to sell the Crafar farms to a Chinese investor, putting a swift ... More >>
Colonial Motor 1H profit climbs 42% on heavy truck sales
Monday, 20 February 2012, 6:02 pm | Businesswire
Feb. 20 (BusinessDesk) – Colonial Motor Company, the car and tractor dealer, boosted first-half profit by 42 percent on strong truck sales, but is warning the second half will be slower as Thailand floods limit supply. More >>
CSR's Viridian, Euroglass to merge operations to cut costs
Monday, 20 February 2012, 5:58 pm | Businesswire
Feb. 20 (BusinessDesk) – CSR, the ASX-listed owner of Viridian New Zealand, has entered into a joint venture with Euroglass Systems that will rationalise the companies’ local glass-making sites in a bid to cut costs and clamp down on spare capacity in ... More >>
MARKET CLOSE: NZ shares gain, led by NZX on capital return
Monday, 20 February 2012, 5:52 pm | Businesswire
Feb. 20 (BusinessDesk) – New Zealand shares gained, led by NZX after the stock exchange operator said it will return capital to shareholders after posting a jump in profit. SkyCity Entertainment Group extended gains following its results last ... More >>
NZ dollar extends gains as stocks rally ahead of Greek deal
Monday, 20 February 2012, 5:23 pm | Businesswire
Feb. 20 (BusinessDesk) – The New Zealand dollar extended gains in the local trading session as Asian Pacific stock markets rallied on the prospect European policymakers will finally ratify Greece’s bail-out. More >>
World Week Ahead: Greek bailout looms
Monday, 20 February 2012, 7:49 am | Businesswire
World Week Ahead: Greek bailout looms By Margreet Dietz Feb. 20 (BusinessDesk) - It’s G-Day for the euro zone. On Monday, European finance ministers will meet in Brussels for what is widely expected to be approval of a second bailout for Greece. ... More >>
Heartland 1H profit meets guidance, flags FY earnings gain
Thursday, 16 February 2012, 6:00 pm | Businesswire
Feb. 16 (BusinessDesk) – Heartland New Zealand, the lender which took on PGG Wrightson’s finance book last year, hit its guidance for first-half profit, and said it expects annual earnings to go as high as $22 million. More >>
