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Businesswire - Latest News [Page 164]
Sky TV deserves premium against global peers
Monday, 9 November 2009, 12:28 pm | Businesswire
Sky TV deserves premium against global peers Nov 9 (BusinessWire) - Sky Television's "unassailable" position as New Zealand's only pay TV operator means it should trade at a premium to global peers, say analysts for Morningstar Equity Research ... More >>
AXA Asia Pacific rejects takeover offer from AMP
Monday, 9 November 2009, 11:20 am | Businesswire
Nov. 9 (BusinessWire) - AXA Asia Pacific Holdings rejected an unsolicited offer from AMP Ltd. and AXA SA to acquire the company for cash and stock amounting to A$5.34 a share. More >>
NZAX suspends trading in Windflow shares
Monday, 9 November 2009, 10:37 am | Businesswire
Nov 9 (BusinessWire) - Trading in Windflow Technology Ltd (WTL) shares has been suspended following the company's failure to lodge an annual report by the October 30 deadline, NZX Regulation has announced this morning. More >>
NZ dollar surges on increase in Fonterra pay-out
Monday, 9 November 2009, 10:23 am | Businesswire
Nov. 9 (BusinessWire) – The New Zealand dollar surged 1.3% after Fonterra Cooperative Group, the world’s largest exporter of dairy products, bumped up its forecast pay-out to farmers by 19%, stoking investors’ appetite for higher-yielding, or riskier, ... More >>
AMP to bid 7B euros for Axa Asia Pacific: report
Monday, 9 November 2009, 10:17 am | Businesswire
Nov. 9 (BusinessWire) - AMP Ltd., Australia’s biggest retirement plan provider, plans to bid almost 7 billion euros for Axa Asia Pacific Holdings, Bloomberg reported, citing French financial information service Wansquare. More >>
Fonterra lifts pay-out in big positive for economy
Monday, 9 November 2009, 9:41 am | Businesswire
Nov. 9 (BusinessWire) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, has boosted its forecast pay-out to farmers by 19% as a recovery in commodity prices improves the outlook for the industry, helping underpin growth ... More >>
Stocks to watch: Fletcher, NZOG, Pike River, Tower
Monday, 9 November 2009, 9:35 am | Businesswire
Nov. 9 (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 >>
Dillon, Hallenstein troubleshooter, resigns as CEO
Monday, 9 November 2009, 9:34 am | Businesswire
Nov. 9 (BusinessWire) Roy Dillon resigned as acting chief of clothing chain operator Hallenstein Glasson Holdings having previously steered the clothing chain’s menswear division through the recession. More >>
While you were sleeping: Global bank tax mooted
Monday, 9 November 2009, 8:34 am | Businesswire
Nov. 9 (BusinessWire) – British Prime Minister Gordon Brown proposed a global financial transactions tax as a way of extracting an insurance levy from banks. More >>
Property values climb into positive territory: QV
Monday, 9 November 2009, 12:34 am | Businesswire
Nov. 9 (BusinessWire) – New Zealand property values climbed above where they were at the same time 2008 for the first time this year as an ongoing shortage of listed properties continued to make it a seller’s market. More >>
SMELLIE SNIFFS THE BREEZE: Central planning
Friday, 6 November 2009, 8:39 pm | Businesswire
Nov 6 (BusinessWire) - When everyone from Rodney Hide to the Listener start asking "where's the plan, John?" is there something for Prime Minister John Key to worry about? More >>
MARKET CLOSE: NZ shares gain; NPX, TEL, Rakon lead
Friday, 6 November 2009, 6:43 pm | Businesswire
Nov. 6 (BusinessWire) – New Zealand shares rose. Telecom Corp. gained after posting a 9.4% gain in net profit and raising its 2010 guidance. Advancing shares outnumbered decliners almost two to one. More >>
Environment Court cans Meridian's Project Hayes
Friday, 6 November 2009, 5:58 pm | Businesswire
Nov 6 (BusinessWire) - Meridian Energy has suffered another knockback with the loss of its resource consent application for Project Hayes, a massive 630 Megawatt wind farm in the South Island's Maniototo region. More >>
Kiwi Income Property boosts underlying earnings
Friday, 6 November 2009, 1:18 pm | Businesswire
Nov. 6 (BusinessWire) – Kiwi Income Property Trust, the owner of Auckland’s Sylvia Park shopping centre, posted a 3.9% increase in first-half distributable earnings as the global recession continues to loom over the property sector. More >>
Hellaby taps Maasland as chair, replacing Falconer
Friday, 6 November 2009, 1:12 pm | Businesswire
Nov. 6 (BusinessWire) - Hellaby Holdings Ltd., the diversified investment group whose shares have recovered from the record low reached in March, named John Maasland as chairman, effective immediately. More >>
Hellaby taps Maasland as chair, replacing Falconer
Friday, 6 November 2009, 1:12 pm | Businesswire
Nov. 6 (BusinessWire) - Hellaby Holdings Ltd., the diversified investment group whose shares have recovered from the record low reached in March, named John Maasland as chairman, effective immediately. More >>
Telecom's results mixed as regulation distracts
Friday, 6 November 2009, 12:54 pm | Businesswire
Nov. 6 (BusinessWire) – Telecom Corp.’s first-quarter results highlight a company distracted by the demands of regulatory change and efforts to re-engage with the government’s plans for national broadband services, investors say. More >>
Nuplex raises forecast, ponders move offshore
Friday, 6 November 2009, 12:29 pm | Businesswire
Nov. 6 (BusinessWire) - Nuplex Industries, the specialty chemicals maker, raised its full-year earnings forecast as the Asian region leads a recovery in sales and the company benefits from lower raw material costs. More >>
Transpower eyeing $200 million bond issue
Friday, 6 November 2009, 11:23 am | Businesswire
Pattrick Smellie Nov 6 (BusinessWire) - Transpower is contemplating a domestic bond issue of around $200 million early in the New Year as it gears up for $5 billion of capital expenditure on national grid upgrades over the next decade. More >>
NZ dollar holds above 72 US cts as Wall St rallies
Friday, 6 November 2009, 11:01 am | Businesswire
Nov. 6 (BusinessWire) – The New Zealand dollar held above 72 U.S. cents amid after stronger U.S. productivity data helped lift stocks on Wall Street and stoked investors’ appetite for higher-yielding, or riskier, assets. More >>
