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Businesswire - Latest News [Page 161]

MARKET CLOSE: NZ shares gain; PGW, Cynotech rise

Monday, 16 November 2009, 6:29 pm | Businesswire

Nov. 16 (BusinessWire) – New Zealand shares rose, joining gains across Asia as Japan posted faster-than-expected economic growth. Cynotech Holdings surged on the prospects of a takeover offer from chairman Allan Hawkins. More >>

Hawk set to swoop on Cynotech, shares soar

Monday, 16 November 2009, 5:33 pm | Businesswire

by Paul McBeth Nov. 16 (BusinessWire) –Allan Hawkins is set to swoop on Cynotech Holdings Ltd., the small finance company he chairs, after his private investment company announced plans for a takeover bid. The shares surged almost 32% to 14.5 ... More >>

NZ Dollar Outlook: Kiwi supported by risk appetite

Monday, 16 November 2009, 2:07 pm | Businesswire

Nov. 16 (BusinessWire) – The New Zealand dollar may hold its gains and could push higher if data in the U.S. continues to erode optimism about the pace of recovery in the world’s largest economy. More >>

NZ services industry slips back into contraction

Monday, 16 November 2009, 1:58 pm | Businesswire

Nov. 16 (BusinessWire) – New Zealand’s services sector contracted in October for the first time in four months, underlining the tepid pace of economic recovery that’s convinced the central bank to keep its key interest rate at a record low. More >>

NZ producer input prices fall in third quarter

Monday, 16 November 2009, 12:14 pm | Businesswire

Nov. 16 (BusinessWire) – New Zealand producer input prices unexpectedly fell in the third quarter, led by a slump in farm-gate milk prices and electricity. More >>

NZ dollar higher as retail stocks lead Wall St

Monday, 16 November 2009, 10:11 am | Businesswire

Nov. 16 (BusinessWire) – The New Zealand dollar gained as stocks on Wall Street pushed higher on better than expected results from retailers, despite data showing American consumer confidence is dwindling in the lead-up to Christmas. More >>

Stocks to watch: Heritage Gold, Kathmandu, TPW

Monday, 16 November 2009, 9:56 am | Businesswire

Nov. 16 (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: APEC pledge on stimulus

Monday, 16 November 2009, 8:25 am | Businesswire

Nov. 16 (BusinessWire) – Leaders of the 21-member Asia-Pacific Economic Cooperation group pledged to maintain stimulus measures until the global economy returns to sustained growth as they concluded the summit in Singapore. More >>

Confidence in housing remains high: ASB survey

Monday, 16 November 2009, 8:14 am | Businesswire

New Zealanders are still optimistic about the state of the housing market, according to an ASB survey. More >>

While you were sleeping: APEC, Disney profit

Monday, 16 November 2009, 8:11 am | Businesswire

SMELLIE SNIFFS THE BREEZE: 'Reserve Bank Unstable'

Friday, 13 November 2009, 8:03 pm | Businesswire

Nov 13 (BusinessWire) - As a cub reporter on the Manukau Courier back in 1983, it was my duty to report the monthly deliberations of the Papatoetoe City Council. More >>

MARKET CLOSE: NZ shares fall; Warehouse, PPP drop

Friday, 13 November 2009, 6:16 pm | Businesswire

Nov. 13 (BusinessWire) – New Zealand shares fell in one of the lightest trading days this year as a drop in the price of crude weighed on oil companies and retailer Warehouse Group said it is trading behind budget in the run-up to Christmas. More >>

Kathmandu gains on debut as owners sell out

Friday, 13 November 2009, 4:07 pm | Businesswire

Nov. 13 (BusinessWire) – Kathmandu Holdings rose on its debut on the ASX and NZX as investors bet retailing is climbing out of its year-long slump, stoking the prospects for the outdoor equipment chain. More >>

NZ house prices hit 10-year high as listings fall

Friday, 13 November 2009, 11:23 am | Businesswire

Nov. 13 (BusinessWire) – New Zealand house prices hit a 10-year high for the month of October amid a decline in the volume of sales as fewer properties are put on the market. More >>

Warehouse sales lag behind budget ahead of Xmas

Friday, 13 November 2009, 10:56 am | Businesswire

Nov. 13 (BusinessWire) - Warehouse Group Ltd., the biggest retailer on the NZX 50, said revenue in September and October were lower than expected, signaling a slow start to sales of seasonal goods. The shares fell 1.4% More >>

Stocks to Watch: Kathmandu, Warehouse, Telecom

Friday, 13 November 2009, 10:02 am | Businesswire

Stocks to watch: Warehouse quarterly sales, Telecom 3G, Cavalier AGM, Comvita Nov. 13 (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 ... More >>

NZ dollar slides on gloomy WTO outlook

Friday, 13 November 2009, 9:38 am | Businesswire

Nov. 13 (BusinessWire) – The New Zealand dollar slid lower today amid a gloomier outlook for growth from the head of the World Trade Organisation, which damped investors’ appetite for higher-yielding, riskier assets. WTO Director-General Pascal Lamy questioned ... More >>