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Businesswire - Latest News [Page 156]
Stocks to watch: F&P Appliances, MFT, SPY, WHS
Monday, 30 November 2009, 9:31 am | Businesswire
Nov. 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 >>
While you were sleeping: Abu Dhabi may help Dubai
Monday, 30 November 2009, 8:20 am | Businesswire
Nov. 30 (BusinessWire) – Abu Dhabi, the capital of the United Arab Emirates, has signalled it will provide ‘selective’ support for neighbouring emirate Dubai, which sent markets reeling with its announcement that it wants to reschedule its ... More >>
SMELLIE SNIFFS THE BREEZE: A crap deal for Maori
Friday, 27 November 2009, 9:20 pm | Businesswire
Nov. 27 (BusinessWire) - Everywhere the Government is being flayed by its supporters for doing some sweetheart deal with "bloody Maoris" over the emissions trading scheme. More >>
MARKET CLOSE: NZ shares join global Dubai wobbles
Friday, 27 November 2009, 6:00 pm | Businesswire
Nov. 27 (BusinessWire) – New Zealand shares joined a global tumble, sparked by Dubai World’s announcement that it wants to renegotiate its loan terms. Fisher & Paykel Appliances led the decline after posting a first-half loss and forecasting ... More >>
Contact sends 60 Wellington jobs to India
Friday, 27 November 2009, 5:51 pm | Businesswire
Nov 27. (BusinessWire) - Contact Energy Ltd, the listed electricity and gas supplier, announced today it was outsourcing up to 60 back office retail processing jobs from its Lower Hutt process centre to one of the fastest growing companies in the Middle ... More >>
Windflow welcomes mixed report on its turbines
Friday, 27 November 2009, 5:31 pm | Businesswire
by Pattrick Smellie Nov 27 (BusinessWire) - Early versions of Windflow Technology Ltd's (WTL) turbines could require up to $966,200 of remedial work, the company said in a statement today on the outcome of the International Electrification Certification's ... More >>
Commerce Commission get all clear to chase CHH
Friday, 27 November 2009, 4:50 pm | Businesswire
Nov. 27 (BusinessWire) – A Supreme Court ruling has given the goahead for the Commerce Commission to proceed with a claim against Carter Holt Harvey Ltd. that could force the timber company owned by Graeme Hart’s Rank Group forced to refund as many as ... More >>
Postie Plus to exit Waimate Knitwear
Friday, 27 November 2009, 4:36 pm | Businesswire
Nov. 27 (BusinessWire) – Postie Plus Group, the clothing and babyware chain that’s 18% owned by Kathmandu founder Jan Cameron, will exit its knitwear manufacturing in North Otago as it continues to streamline its business. More >>
SmartPay posts 1st-half profit after buying assets
Friday, 27 November 2009, 4:30 pm | Businesswire
Nov 27. (BusinessWire) –SmartPay Ltd., whose shares have jumped 340% in the past six months, turned to a first-half profit after finalizing the acquisition of ProvencoCadmus. This included six weeks trading from the assets purchased from receivers. More >>
NZ trade deficit continues to shrink
Friday, 27 November 2009, 1:03 pm | Businesswire
Nov. 27 (BusinessWire) – New Zealand’s trade deficit continued to shrink last month as the value of imports and exports declined at their fastest pace in 21 years. More >>
F&P App. posts $82M 1st-half loss on US charge
Friday, 27 November 2009, 11:13 am | Businesswire
Nov. 27 (BusinessWire) – Fisher & Paykel Appliances, the manufacturer that replaced its chairman yesterday and is searching for a new chief executive, posted a first-half loss on charges against its North American operations and to complete ... More >>
Warehouse may look at capital management in 2010
Friday, 27 November 2009, 11:06 am | Businesswire
Nov. 27 (BusinessWire) – Warehouse Group Ltd., the biggest retailer on the NZX 50, will consider “any appropriate capital management initiative” in the New Year, chairman Keith Smith told the annual meeting today. More >>
Stocks to watch: FPA’s Paykel steps down, PGW
Friday, 27 November 2009, 9:53 am | Businesswire
Nov. 27 (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 >>
Dubai bond default knocks global risk appetite
Friday, 27 November 2009, 9:26 am | Businesswire
NZ dollar slides below 72 US cts as Dubai World bond default knocks risk appetite More >>
While you were sleeping: Dubai rattles euro stocks
Friday, 27 November 2009, 7:49 am | Businesswire
Nov. 27 (BusinessWire) – European stocks tumbled after Dubai World, the state-owned investment company, sought to reschedule its debt, sapping investors’ appetite for risk and helping boost bonds. The U.S. dollar sank to a 14-year low against the ... More >>
MARKET CLOSE: Tower leads NZX 50 higher, FPA gains
Thursday, 26 November 2009, 6:39 pm | Businesswire
Nov. 26 (BusinessWire) – New Zealand shares gained, led by Tower Ltd., after the insurer and wealth manager posted a 24% jump in annual profit and said its outlook is “positive.” Fisher & Paykel Appliances rose after announcing a new chairman. More >>
AFFCO profit more than halved - tough times ahead
Thursday, 26 November 2009, 6:06 pm | Businesswire
AFFCO profit more than halved - tough times ahead Nov. 26 (BusinessWire) - AFFCO Holdings Ltd, the meat processing company, has reported a 57.9% drop in net profit to $25.37 million for the year to September 30 and is cancelling its final dividend ... More >>
Dorchester Pacific buys Gisborne hotel for $12 mln
Thursday, 26 November 2009, 5:47 pm | Businesswire
Nov 26. (BusinessWire) - Dorchester Finance, a unit of NZX listed financial services group Dorchester Pacific Ltd., has purchased the Emerald Hotel in Gisborne for $12.6 million. More >>
South Canterbury CEO, Lachie McLeod, resigns
Thursday, 26 November 2009, 5:29 pm | Businesswire
Nov. 26 (BusinessWire) – Lachie McLeod, the chief executive of South Canterbury Finance Ltd, the finance company controlled by Timaru businessman Allan Hubbard, will resign at the end of the month, SCF announced today. Neil Gormack, a partner ... More >>
Global coal prices set to jump: McDouall Stuart
Thursday, 26 November 2009, 3:55 pm | Businesswire
Nov. 26 (BusinessWire) - Resurgent growth in the Indian and Chinese economies will strain world coal supplies, boding well for coking coal producers such as NZX-listed Pike River Coal and government-owned Solid Energy, says broker McDouall Stuart. More >>
