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Businesswire - Latest News [Page 158]
Synlait’s sharemarket listing intentions turn sour
Tuesday, 24 November 2009, 1:07 pm | Businesswire
Nov. 24 (BusinessWire) – Synlait Milk Ltd’s intention to boost its equity through a sharemarket listing has been put on the back-burner after an unenthusiastic reception from investors. More >>
TeamTalk eyes new businesses for growth
Tuesday, 24 November 2009, 12:04 pm | Businesswire
Nov. 24 (BusinessWire) – TeamTalk Ltd., New Zealand’s largest mobile radio company, is looking for other related areas of its business to provide future growth. More >>
Polybatics edges closer to commercializing biobead
Tuesday, 24 November 2009, 10:54 am | Businesswire
Nov. 24 (BusinessWire) – Polybatics, a biotech start-up, is edging closer to commercializing a process for delivering custom payloads into living cells, potentially giving medical specialists a nanotechnology weapon to target disease. More >>
MediaWorks CEO Impey steps down after 10 years
Tuesday, 24 November 2009, 10:32 am | Businesswire
Nov. 24 (BusinessWire) - Brent Impey has resigned as chief executive of MediaWorks NZ Ltd., the media company owned by buyout firm Ironbridge Capital, after leading the company for nearly ten years. He won’t be replaced. More >>
NZ dollar edges higher amid more upbeat data
Tuesday, 24 November 2009, 10:21 am | Businesswire
Nov. 24 (BusinessWire) – The New Zealand dollar edged higher after figures showed U.S. home sales and European manufacturing picked up, boosting investors’ appetite for higher-yielding, or riskier, assets. More >>
Stocks to watch: CEN, Goodman Property, KMD, PGW
Tuesday, 24 November 2009, 9:31 am | Businesswire
Nov. 24 (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: Home sales, stocks rise
Tuesday, 24 November 2009, 7:44 am | Businesswire
Nov. 24 (BusinessWire) – Stocks advanced in the U.S. and Europe after American home sales rose more than expected and a Federal Reserve official suggested extending stimulus measures to underpin the economic recovery. More >>
MARKET CLOSE: NZ shares mixed; PGW up, MVN down
Monday, 23 November 2009, 6:22 pm | Businesswire
Nov. 23 (BusinessWire) – New Zealand shares were mixed in light trading as investors channeled cash into new share sales. PGG Wrightson led advancing shares and Methven Ltd. fell after the tapmaker was dropped from the benchmark index. More >>
NZ mortgagee sales, at record high, may continue
Monday, 23 November 2009, 5:30 pm | Businesswire
Nov. 23 (BusinessWire) – New Zealand mortgagee sales, which reached a record in September, will probably continue through 2010 as high levels of household debt and rising unemployment make it harder for kiwis to meet interest payments. More >>
Consumer confidence slips pre-Christmas
Monday, 23 November 2009, 4:53 pm | Businesswire
Nov. 23 (BusinessWire) – Retailers can expect muted a Christmas shopping season according to the latest ANZ-Roy Morgan Consumer Confidence Survey, released today. The monthly gauge of consumer sentiment fell for the first time in four months, and ... More >>
NZ Dollar Outlook: Kiwi may range trade
Monday, 23 November 2009, 1:06 pm | Businesswire
NZ Dollar Outlook: Kiwi may trade in a range as US holiday and month-end loom More >>
Postie Plus 1st-qtr sales rise 15%
Monday, 23 November 2009, 12:50 pm | Businesswire
Nov 23. (BusinessWire) – Postie Plus Group Ltd., a clothing and baby-ware chain 18% owned by Kathmandu founder Jan Cameron, has posted a 15% increase in sales in the first quarter, putting it on track for a narrower first-half loss. More >>
NZ annual migration rises to five-year high
Monday, 23 November 2009, 12:03 pm | Businesswire
Nov. 23 (BusinessWire) – New Zealand’s annual net migration rose to a five-year high in October, driven by a drop in kiwis departing overseas, boding well for housing demand and the consumer goods to fill them. More >>
NZOG takes over ENSCO-107 rig for Albacore
Monday, 23 November 2009, 11:27 am | Businesswire
Nov. 23 (BusinessWire) - New Zealand Oil & Gas Ltd has moved a step closer to beginning its summer drilling campaign, taking over the ENSCO-107 drilling rig last night from the Maari consortium and moving it north to the Albacore-1 prospect. NZOG ... More >>
Kathmandu joins NZX 50, replacing tapmaker Methven
Monday, 23 November 2009, 10:51 am | Businesswire
Nov. 23 (BusinessWire) – Kathmandu Holdings Ltd., the outdoor equipment chain sold in an initial public offering by Goldman Sachs JBWere and Quadrant Private Equity this month, has joined the NZX 50 today, replacing Methven Ltd. More >>
Ryman posts record 1st-half profit on growth, fees
Monday, 23 November 2009, 10:25 am | Businesswire
Nov. 23 (BusinessWire) – Ryman Healthcare, the rest-home operator whose shares have surged 40% this year, posted a record first-half profit after expanding its villages and reaping more in care and management fees. More >>
Stocks to watch: Guinness Peat, Hellaby, IFT, PGW
Monday, 23 November 2009, 9:41 am | Businesswire
Nov. 23 (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 slides; policy-makers hint at regulation
Monday, 23 November 2009, 9:24 am | Businesswire
Nov. 23 (BusinessWire) – The New Zealand dollar slid lower as central bank policy-makers’ hinted at intervention and unwinding of stimulus measures, eroding investors’ appetite for higher-yielding, or riskier, assets and pushing down equity markets. More >>
MARKET CLOSE: NZ shares fall; Wrightson dips
Friday, 20 November 2009, 6:15 pm | Businesswire
Nov. 20 (BusinessWire) – New Zealand shares fell, with rural services group PGG Wrightson declining after announcing its capital-raising plans, as investors prepare for revival in initial public offerings and share sales. Carpet maker Cavalier Corp. ... More >>
SMELLIE SNIFFS THE BREEZE: Oil Fever Follows Wind
Friday, 20 November 2009, 4:29 pm | Businesswire
Nov 20 (BusinessWire) - What an irony it would be if, after nine years of a government pushing uneconomic investment in wind power, it was followed by an equally uncommercial push by the current government to establish a bigger oil and gas industry in New ... More >>
