Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Businesswire for InfoPages here.
Businesswire - Latest News [Page 170]
Silver Fern profit masks challenging markets
Friday, 23 October 2009, 4:40 pm | Businesswire
Oct. 23 (BusinessWire) – Silver Fern Farms reported a 16% gain in full-year profit, helped the settlement of its failed merger with PGG Wrightson, while at an operating level earnings tumbled in the face of difficult market conditions. More >>
Audit rules need to align with Australia: ICA
Friday, 23 October 2009, 4:12 pm | Businesswire
Oct. 23 (BusinessWire) – The government’s new auditor regulations need to align New Zealand with Australia, according to the Institute of Chartered Accountants, which will have its oversight responsibilities stripped under the new regime. More >>
Vodafone NZ faces regulator charges over adverts
Friday, 23 October 2009, 3:13 pm | Businesswire
Oct. 22 (BusinessWire) – Vodafone New Zealand faces charges from the Commerce Commission over alleged breaches of the Fair Trading Act over its broadband and mobile phone promotions. More >>
Genesis investors approval venture for gene work
Friday, 23 October 2009, 2:50 pm | Businesswire
Oct. 23 (Businesswire) – Genesis Research and Development Corporation shareholders have unanimously voted in favour of a new joint venture company to commercially advance novel technology. More >>
Accounting firms welcome auditing rule tweaks
Friday, 23 October 2009, 2:46 pm | Businesswire
Oct. 23 (BusinessWire) – The big four accounting firms have “made it clear” they support changes to new auditor regulations that will see the Institute of Chartered Accountants stripped of its self-regulatory role, according to Deloitte chief executive ... More >>
Genesis partner helps fund gene research; stock up
Friday, 23 October 2009, 2:11 pm | Businesswire
Oct. 23 (BusinessWire) – Genesis Research and Development’s search for a partner to bankroll further novel technology applications has resulted in a new subsidiary company financed by a Japanese investment fund. More >>
Science funding shake-up heralds innovation agenda
Friday, 23 October 2009, 2:10 pm | Businesswire
by Pattrick Smellie Oct 23 (BusinessWire) - The Government's has unveiled an important chunk of its slowly emerging innovation agenda today with the publication of proposals to radically simplify funding for scientific research by the Minister of Research, ... More >>
ICA to be stripped of audit oversight role
Friday, 23 October 2009, 1:13 pm | Businesswire
Oct. 23 (BusinessWire) – Commerce Minister Simon Power is proposing to strip the accounting profession of self-regulated oversight of auditors after damning criticism from the Registrar of Companies regarding the collapse of the finance company sector. ... More >>
Salvus lifts holdings of cash
Friday, 23 October 2009, 11:22 am | Businesswire
Oct. 23 (BusinessWire) – Salvus Strategic Investments, the listed company investor whose shares jumped 57% in the past six months, has its holdings of cash and sold down Abano Healthcare and Methven, betting the equity market rally may run out of ... More >>
NZ dollar gains with Wall St amid hedge-fund talk
Friday, 23 October 2009, 9:38 am | Businesswire
Oct. 23 (BusinessWire) – The New Zealand dollar advanced as stocks on Wall Street staged a late rally, though the advance was tempered by talk that a large hedge fund was planning to liquidate its holding of the kiwi currency. More >>
Stocks to watch: AMP Office, Fletcher, MET, POT
Friday, 23 October 2009, 9:32 am | Businesswire
Oct. 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 >>
While you were sleeping: Executive pay controls
Friday, 23 October 2009, 8:38 am | Businesswire
Oct. 23 (BusinessWire) – The U.S. Federal Reserve issued guidelines for executive pay at banks to ensure they don’t encourage risk taking of the kind that caused the financial crisis. More >>
AMP NZ Office front foots management fees gripes
Thursday, 22 October 2009, 7:23 pm | Businesswire
Oct. 22 (BusinessWire) – AMP NZ Office Trust (ANZO), the country’s largest listed commercial landlord, front-footed criticism of its handling of management fees, saying it’s looking to align the interests of the trust’s manager with that of the unit ... More >>
Pyne Gould raises $30M in placement
Thursday, 22 October 2009, 6:19 pm | Businesswire
Oct. 22 (BusinessWire) - Pyne Gould Corp., the finance company with ambitions to become a bank and asset manager, raised $30 million through a placement to institutions, bringing its total capital raising to $267 million. More >>
MARKET CLOSE: NZ shares fall; Contact, ALF drop
Thursday, 22 October 2009, 6:04 pm | Businesswire
Oct. 22 (BusinessWire) – New Zealand shares fell for a second day, retreating from a 14-month high, after Contact Energy avoided giving clear guidance on the outlook for earnings and investors fretted about Pike River Coal’s need for more cash. More >>
ACC Work Accounts To Open to Competitors
Thursday, 22 October 2009, 6:02 pm | Businesswire
Oct 22 (BusinessWire) - Private insurers will be able to bid for workplace coverage under Accident Compensation Corporation changes tabled in an ACC Reform Bill, tabled in Parliament today by the corporation's controlling Minister, Nick Smith. More >>
Turners Auctions lifts forecast for FY profit
Thursday, 22 October 2009, 3:39 pm | Businesswire
August 21 (BusinessWire) – Turners Auctions Ltd., the largest single seller of motor vehicles in the country, raised its full-year profit forecast, saying a pick-up in volumes and cost control had yielded a better than expected third quarter. More >>
Contact sticks to its guns on no guidance
Thursday, 22 October 2009, 3:29 pm | Businesswire
Oct. 22 (BusinessWire) – Contact Energy Ltd., the country’s largest listed power company, fended off shareholders and reporters seeking any guidance on the company's performance in the first three months of the new financial year at the annual meeting ... More >>
Fletcher Building raised to ‘hold’ at Morningstar
Thursday, 22 October 2009, 12:08 pm | Businesswire
Oct. 22 – Fletcher Building Ltd., New Zealand’s biggest construction company, may bolster profits in 2011 on a pick-up in residential construction and the benefits of cost cutting, according to Morningstar. More >>
Allied Farmers stock sinks on covenant breach
Thursday, 22 October 2009, 11:19 am | Businesswire
Oct. 22 (BusinessWire) – Allied Farmers Ltd. stock sank, extending its six-month decline to more than 45%, after the rural services and finance group said it breached a lending covenant and said trading conditions are “tough.” More >>
