Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Businesswire for InfoPages here.
Businesswire - Latest News [Page 153]
NZ dollar slides on US rates outlook
Monday, 7 December 2009, 9:15 am | Businesswire
Dec. 7 (BusinesWire) – The New Zealand dollar slid below 72 U.S. cents after figures showed American unemployment unexpectedly shrank to 10% and the world’s largest economy shed fewer jobs than forecast, raising the prospect of an early interest ... More >>
Global weekly themes: Paradigm shift in U.S. rates
Monday, 7 December 2009, 8:10 am | Businesswire
Dec. 7 (BusinessWire) – Friday’s U.S. jobs report has turned the interest rate cart upside down. More >>
Bollard to hold rates steady; may point to rebound
Monday, 7 December 2009, 7:15 am | Businesswire
Dec. 7 (BusinessWire) – Reserve Bank Governor Alan Bollard is expected to take no heed of his Australian counterpart’s policy tightening, opting instead to keep the official cash rate at a record low as the economy takes a slower recovery path. More >>
Kupe flows at last, as Kapuni starts to wind down
Friday, 4 December 2009, 6:30 pm | Businesswire
Commercial oil and gas have flowed for the first time from the Kupe gas field today, 23 years after the field was first discovered. More >>
MARKET CLOSE: NZX 50 falls, first time in 5 days
Friday, 4 December 2009, 6:27 pm | Businesswire
Dec. 4 (BusinessWire) – New Zealand shares fell, sending the NZX 50 lower for the first time in five days, paced by Fletcher Building and Telecom Corp., after a second IPO got pulled and data showed company tax payments are below forecast. More >>
ACC, Super Fund prop up govt books; tax take falls
Friday, 4 December 2009, 11:26 am | Businesswire
Dec. 4 (BusinessWire) – The investment portfolios of ACC and the New Zealand Superannuation Fund continued to prop up the government’s books as corporate and personal tax revenues dwindled, according to the Treasury. More >>
SMELLIE SNIFFS THE BREEZE: The trouble with lists
Friday, 4 December 2009, 11:23 am | Businesswire
Dec. 4 (BusinessWire) - Back in the day as a junior press secretary for Finance Minister Roger Douglas, it was my duty, along with other beady-eyed enthusiasts, to work long nights and whole weekends preparing the press kits for various of Roger's "packages". More >>
NZ retail spending rose 1.2% last month: Paymark
Friday, 4 December 2009, 11:00 am | Businesswire
Dec. 4 (BusinessWire) – New Zealand retail spending climbed 1.2% in November from the same month of 2008, according to Paymark, which processes more than 75% of the nation’s electronic transactions at retailers. More >>
Stocks to watch: Auckland Airport, FBU, PGW, TEL
Friday, 4 December 2009, 9:58 am | Businesswire
Dec. 4 (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 on shrinking US services, jobless
Friday, 4 December 2009, 9:33 am | Businesswire
Dec. 4 (BusinessWire) – The New Zealand dollar edged lower after figures showing a shrinking service sector in the U.S. eroded investors’ appetite for higher yields, and a White House spokesman said unemployment may “tick upward.” More >>
While you were sleeping: BofA repayment, ECB holds
Friday, 4 December 2009, 6:46 am | Businesswire
Dec. 3 (BusinessWire) – In an unexpected move, the Bank of America said it was poised to repay the US$45 billion it received in U.S. government help earlier this year. More >>
MARKET CLOSE: NZX 50 gains for 4th day; PGW leads
Thursday, 3 December 2009, 5:54 pm | Businesswire
Dec. 3 (BusinessWire) – New Zealand shares rose, pushing the NZX 50 Index up for a fourth day, as PGG Wrightson was buoyed by news a U.S. lawsuit against its cornerstone shareholder was dismissed. Retailers with Australian outlets rose as figures showed ... More >>
Commodity prices surge: ANZ
Thursday, 3 December 2009, 4:10 pm | Businesswire
Commodity prices surge: ANZ Dec. 3 (BusinessWire) – Commodity prices surged last month for their first annual increase since August 2008 as buyers of dairy products continue to pay a premium toas they restock their depleted inventories. More >>
Warehouse braces for potential Christmas strikes
Thursday, 3 December 2009, 3:21 pm | Businesswire
By Paul McBeth Dec. 3 (BusinessWire) – Warehouse Group, the country’s largest listed retailer, is preparing for the prospect of strikes during peak Christmas trading after the breakdown of talks with the National Distribution Union. More >>
Allied confident of extracting value from Hanover
Thursday, 3 December 2009, 2:51 pm | Businesswire
Dec. 3 (BusinessWire) – Allied Farmers Ltd., the listed rural services company, is confident it can realise more value in Hanover’s loan books than the failed finance company can operating under its moratorium. More >>
Fonterra’s restricted share value put at $3.83
Thursday, 3 December 2009, 1:09 pm | Businesswire
Dec. 3 (BusinessWire) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, is worth $3.83 a share, based on its new restricted market valuation, meaning the securities have to climb 18% to reach the so-called ‘base price.’ More >>
Auckland house prices rise to 23-mth high: Barfoot
Thursday, 3 December 2009, 11:42 am | Businesswire
Dec. 3 (BusinesWire) – Auckland house prices edged up to a 23-month high in November as new listings held above 1,600 and demand was underpinned by stronger migration. More >>
NZ Farming Systems forecasts 2010 EBIT loss
Thursday, 3 December 2009, 11:21 am | Businesswire
Dec. 3 (BusinessWire) - NZ Farming Systems Uruguay, which is developing dairy farms in South America based on intensive New Zealand farming techniques, forecast pretax losses for the next two years while noting a pick-up in milk prices. More >>
Wrightson vindicated as Agria suit dismissed
Thursday, 3 December 2009, 10:31 am | Businesswire
Dec. 3 (BusinessWire) – PGG Wrightson Ltd. has been vindicated in downplaying the risks from new cornerstone shareholder Agria’s legal battles in the U.S., after a court dismissed a class action lawsuit relating to its initial public offering. More >>
Stocks to watch: Delegat’s, Infratil, PGW, WHS
Thursday, 3 December 2009, 10:04 am | Businesswire
Dec. 3 (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 >>
