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Businesswire - Latest News [Page 169]
Telstra upbeat despite separation threat
Wednesday, 28 October 2009, 5:45 pm | Businesswire
Telstra upbeat on earnings despite separation threat Oct 28 (BusinessWire) - Telstra Corporation Ltd today confirmed its earnings guidance and talked up the prospects for the telco's A$12 billion systems upgrade to deliver earnings, irrespective of ... More >>
Nuplex reports ‘strong’ earnings growth in Asia
Wednesday, 28 October 2009, 5:12 pm | Businesswire
Oct. 28 (BusinessWire) - Nuplex Industries Ltd., one of the world’s top ten manufacturers of resins for coatings and composites, said demand and lower costs in Asia have resulted in “strong” profit growth in the region. More >>
Business confidence consolidates in October
Wednesday, 28 October 2009, 4:11 pm | Businesswire
Business confidence consolidatesas firms draw breath Oct 28 (BusinessWire) - Business sentiment remains cautious but optimistic by comparison with the depths reached a year ago during the worst of the global credit crunch, according to the October National ... More >>
Departing Fonterra executive pips Ferrier's pay
Wednesday, 28 October 2009, 1:46 pm | Businesswire
Oct. 28 (BusinessWire) – A departing executive at Fonterra Cooperative Group has pipped chief executive Andrew Ferrier's take-home salary, receiving total payments of up to $3.72 million. More >>
MAF moves to head off "atypical scrapie" scare
Wednesday, 28 October 2009, 11:58 am | Businesswire
Oct 28 (BusinessWire) - New Zealand bio-security and food safety authorities moved proactively this morning to announce the discovery of a non-threatening brain disease in a single New Zealand sheep's brain, and to emphasise that the discovery represented ... More >>
BNZ posts $181M loss on tax, cash earnings fall
Wednesday, 28 October 2009, 11:14 am | Businesswire
Oct. 28 (BusinessWire) – Bank of New Zealand, the local unit of National Australia Bank, posted a full-year loss after taking a provision for its tax case loss. Cash earnings fell 13% on increased bad debt provisions and increased funding costs. More >>
Kupe development costs rise for NZOG
Wednesday, 28 October 2009, 10:40 am | Businesswire
Kupe development costs rise for NZOG Oct 28 (BusinessWire) - Development costs on the Kupe gas field have risen, with New Zealand Oil and Gas Ltd's share of costs creasing by up to $20 million, managing director David Salisbury told shareholders ... More >>
NZ dollar slides on weaker US consumer confidence
Wednesday, 28 October 2009, 9:56 am | Businesswire
Oct. 28 (BusinessWire) – The New Zealand dollar extended its losses this week as U.S. consumer confidence unexpectedly fell, encouraging investors to eschew higher-yielding, or riskier, assets amid concern the global economic recovery won’t be as speedy ... More >>
Stocks to watch: Botry-Zen, DIL, Kirkcaldie, PGW
Wednesday, 28 October 2009, 9:42 am | Businesswire
Oct. 28 (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: US consumers subdued
Wednesday, 28 October 2009, 8:34 am | Businesswire
Oct. 28 (BusinessWire) – U.S. consumer confidence unexpectedly fell this month, a sign that a weak jobs market is curbing Americans’ enthusiasm for spending. The U.S. dollar rose and Treasury bonds advanced. More >>
MARKET CLOSE: NZ shares falls; Wrightson, PRC drop
Tuesday, 27 October 2009, 6:13 pm | Businesswire
Oct. 27 (BusinessWire) – New Zealand shares fell, joining a world-wide slide, as doubts about the prospects for a speedy global economic recovery weighed on equity markets and commodities. PGG Wrightson fell on concern its new cornerstone shareholder ... More >>
NZ consumer confidence rises to 22-month high
Tuesday, 27 October 2009, 4:41 pm | Businesswire
Oct. 27 (BusinessWire) – New Zealand consumer confidence climbed to a 22-month high as kiwis anticipate better times ahead, which may encourage them to buy big-ticket items, according to the ANZ-Roy Morgan Consumer Confidence poll. More >>
Barramundi lifts cash holdings after stock rally
Tuesday, 27 October 2009, 1:11 pm | Businesswire
Oct. 27 (BusinessWire) – Barramundi Investments Ltd., the Fisher Funds-managed investor in Australian small-to-medium listed companies, held more cash last quarter, taking advantage of the rally to trim its holdings. More >>
NZ Dollar Outlook: Kiwi to fall, US$ in favour
Tuesday, 27 October 2009, 12:43 pm | Businesswire
Oct. 27 (BusinessWire) – The New Zealand dollar may fall this week as speculation the Federal Reserve will tighten monetary policy earlier than expected stokes the appeal of the greenback and appetite for higher-yielding, or riskier, assets dims. More >>
BioVittoria hopes to sell sweet story, raise $20M
Tuesday, 27 October 2009, 10:50 am | Businesswire
Oct. 27 (BusinessWire) – BioVittoria Ltd., a Hamilton-based biotechnology company that operates in China and the U.S., is considering a New Zealand share sale to raise $20 million to commercialise a sweetener extracted from fruit. More >>
NZ dollar stumbles as greenback lifts on Fed view
Tuesday, 27 October 2009, 9:54 am | Businesswire
Oct. 27 (BusinessWire) – The New Zealand dollar fell below 75 U.S. cents amid speculation the Federal Reserve will begin unwinding its quantitative easing programmes earlier than anticipated as the world’s largest economy shows signs of recovery. More >>
While you were sleeping: Stocks weaken, ING splits
Tuesday, 27 October 2009, 8:46 am | Businesswire
Oct. 27 (BusinessWire) – Stocks fell across the U.S. and Europe amid expectations the U.S. will phase out its tax credit for first-home buyers and amid concern banks and lenders may have to raise more capital. More >>
NZ signs FTA with Malaysia, a $1B export market
Tuesday, 27 October 2009, 2:21 am | Businesswire
Oct. 27 (BusinessWire) – Malaysia signed a free-trade agreement with New Zealand helping deepen ties with the southeast Asian nation that takes $1 billion of exports, making it the eighth-biggest market for Kiwi goods. More >>
SMELLIE SNIFFS THE BREEZE: Under the Hood
Friday, 23 October 2009, 6:13 pm | Businesswire
Oct 23 (BusinessWire) - Unremarked in New Zealand, but extraordinary for the outpourings of affection and gratitude according to a New Zealander present, was the departure of Dr John Hood as the first foreigner, let alone Kiwi, to be Vice-Chancellor at ... More >>
MARKET CLOSE: NZ shares snap 2-day slide; RBD up
Friday, 23 October 2009, 6:00 pm | Businesswire
Oct. 23 (BusinessWire) – New Zealand shares snapped a two-day slide, led by fast-food chain Restaurant Brands, as global sentiment for equity markets improved. Stocks rallied across Asia on optimism economic recovery will pick up pace. More >>
