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Businesswire - Latest News [Page 150]
MARKET CLOSE: NZ shares fall; Albacore hits NZOG
Monday, 14 December 2009, 6:09 pm | Businesswire
Dec. 14 (BusinessWire) – New Zealand shares fell, with the NZX 50 Index posting its biggest one-day decline in two weeks, as the first of New Zealand Oil & Gas’s four summer test wells came up dry and figures showed retail sales growth stalled. More >>
NZ "isolated" on key Copenhagen issues: Key
Monday, 14 December 2009, 5:33 pm | Businesswire
Dec. 14 (BusinessWire) - New Zealand's special interest climate change topics are hardly getting a look-in at the global climate change summit in Copenhagen, Prime Minister John Key told his post-Cabinet press conference this afternoon. More >>
NZ services ‘unequivocally upbeat’ in Xmas run-up
Monday, 14 December 2009, 2:25 pm | Businesswire
Dec. 14 (BusinessWire) – New Zealand’s services sector is “unequivocally upbeat” in the lead-up to Christmas as the country’s economy continues to recover from its first recession in a decade. More >>
NZ retail sales growth stalls on weaker autos
Monday, 14 December 2009, 2:04 pm | Businesswire
Dec. 14 (BusinessWire) – New Zealand retail sales growth stalled in October on weaker vehicle-related retailing, offsetting stronger growth in cafes, restaurants and accommodation. More >>
A54 cent boost to bid for AXA Asia-Pacific
Monday, 14 December 2009, 11:26 am | Businesswire
Dec. 14 (BusinessWire) – AMP Ltd., Australia’s biggest provider of pension plans, and AXA SA have boosted their offer to buy AXA Asia Pacific Holdings for cash and stock amounting to A$6.22 a share. AXA Asia Pacific shareholders will get 0.6896 ... More >>
NZ house prices hold at 10-year high, sales slip
Monday, 14 December 2009, 11:26 am | Businesswire
Dec. 14 (BusinessWire) – New Zealand house prices held at a 10-year high last month, while total sales edged lower, suggesting the property market is consolidating at a higher level. More >>
NZ Oil & Gas says Albacore-1 is not commercial
Monday, 14 December 2009, 10:51 am | Businesswire
Dec. 14 (BusinessWire) - New Zealand Oil & Gas, which took a 40% interest in the Albacore-1 well four months ago, said the offshore Taranaki basin well failed to show commercial quantities of hydrocarbons and will be plugged and abandoned. More >>
Stocks to watch: Allied, AIA, FPA, RBD
Monday, 14 December 2009, 9:29 am | Businesswire
Dec. 14 (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 falls as greenback gains on retail sales
Monday, 14 December 2009, 9:17 am | Businesswire
Dec. 14 (BusinessWire) – The New Zealand dollar fell as the greenback gained on stronger than expected retail sales in the U.S. while American consumers regained their confidence as the world’s largest economy climbs out of its worst recession ... More >>
Allied Farmers' Loughlin says vote will be 'close'
Monday, 14 December 2009, 7:56 am | Businesswire
Dec. 14 (BusinessWire) – Allied Farmers, seeking to paint itself as a poster-boy suitor for Hanover Finance’s investors, is down to the wire on its deal to acquire the financial assets for $400 million in stock. More >>
World Week Ahead: Europe credit concerns, Fed
Monday, 14 December 2009, 7:50 am | Businesswire
Dec. 14 (Business Wire) - Credit concerns are expected to dog European markets for another week, while U.S. investors wait for further signs of the outlook for interest rates after the Fed’s key policy committee meets on Tuesday and Wednesday. More >>
MARKET CLOSE: NZX 50 falls; Wrightson, Allied drop
Friday, 11 December 2009, 6:31 pm | Businesswire
Dec. 11 (BusinessWire) – New Zealand shares fell, led by rural services group PGG Wrightson on a day the stock exchange referred concern about unusual trading in Allied Farmers to the Securities Commission. Allied fell to a new record low. More >>
F&P Appliances appoints Broadhurst as CEO
Friday, 11 December 2009, 5:40 pm | Businesswire
Dec. 11 (BusinessWire) – Fisher & Paykel Appliances Holdings, the whiteware manufacturer that introduced Chinese company Haier Group as a cornerstone investor earlier this year, looked inwards to complete its reshuffle at the top and appointed ... More >>
SMELLIE SNIFFS THE BREEZE: Unseen Innovations
Friday, 11 December 2009, 4:11 pm | Businesswire
Dec. 11 (BusinessWire) - This week, the New Zealand Institute accused New Zealanders of not caring about the country's "innovation eco-system," even though innovation is the key to productivity, and productivity is the thing that eludes ... More >>
No immediate ratings changes on power reforms: S&P
Friday, 11 December 2009, 4:07 pm | Businesswire
Electricity reforms either "favourable" or "manageable", says S&P Dec. 11 (BusinessWire) - Proposed electricity reforms are expected either to have "favourable" or "manageable" consequences for the four ... More >>
Trading jumps in Allied Farmers stock
Friday, 11 December 2009, 12:44 pm | Businesswire
Dec. 11 (BusinessWire) – Turnover in Allied Farmers Ltd. shares has jumped to a three-year high today as the roadshow promoting its all-stock takeover of Hanover Finance and United Finance assets draws to a close. More >>
Jasons Travel predicts smaller FY profit
Friday, 11 December 2009, 11:56 am | Businesswire
Dec. 11 (BusinessWire) – Jasons Travel Media Ltd., the travel and accommodation guide publisher formerly run by Communications Minister Steven Joyce, expects to post a smaller profit this year as it looks to expand its Australian business. More >>
Ryman expects to match first-half earnings in 2H
Friday, 11 December 2009, 10:29 am | Businesswire
By Jonathan Underhill Dec. 11 (BusinessWire) – Ryman Healthcare, the rest-home operator whose shares have surged about 50% this year, expects earnings in the second half to match the first six months of the financial year on demand for its units. More >>
Passenger recovery lifts Auckland Airport forecast
Friday, 11 December 2009, 9:59 am | Businesswire
Dec. 11 (BusinessWire) - Stronger than expected passenger numbers have buoyed Auckland International Airport Ltd's profit expectations for the year to March 2010, despite many airlines continuing to use smaller aircraft while awaiting firmer global recovery. More >>
Stocks to watch: Auckland Airport, GFF, RYM, TWR
Friday, 11 December 2009, 9:28 am | Businesswire
Dec. 11 (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 >>
