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Businesswire - Latest News [Page 172]
South Canterbury Finance issues new prospectus
Tuesday, 20 October 2009, 5:31 pm | Businesswire
Oct. 20 (BusinessWire) - South Canterbury Finance Ltd., the Timaru-based finance company owned by Allan Hubbard, issued a new prospectus for its debenturess and deposits. More >>
Investment Research Group plans rights issue
Tuesday, 20 October 2009, 4:13 pm | Businesswire
Oct. 20 (BusinessWire) - Investment Research Group, the advisory and brokerage firm, announced a one for four rights issue. More >>
Cue Energy returns to NZX as listing rules align
Tuesday, 20 October 2009, 1:40 pm | Businesswire
Cue Energy's relisting on the New Zealand Stock Exchange is because it is now easier to do so, and an opportunity for Kiwi investors to get into a local oil energy stock, said Chairman Richard Tweedie. More >>
Port of Tauranga lauded for remarkable performance
Tuesday, 20 October 2009, 12:30 pm | Businesswire
0ct. 20 (BusinessWire) - Port of Tauranga Ltd. has done a remarkable job of maintaining profitability against the tumultuous backdrop of the global economy said Morningstar research unit, AspectHuntley. More >>
Cue returns to NZ bourse, touting Maari benefits
Tuesday, 20 October 2009, 10:56 am | Businesswire
Oct. 20 (BusinessWire) - Cue Energy Resources, the oil and gas explorer whose ASX-listed stock has soared 70% in the past three months, will to return to the NZX after a four-year absence, touting the benefits of its Maari oil field stake More >>
Stocks to watch: Cue Energy returns to NZX, HED
Tuesday, 20 October 2009, 9:54 am | Businesswire
Oct. 20 (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 cracks 75 US cts as stocks rally
Tuesday, 20 October 2009, 9:49 am | Businesswire
Oct. 20 (BusinessWire) – The New Zealand dollar cracked 75 U.S. cents and hit a new 15-month high as investors’ flocked to higher-yielding, or riskier, assets amid better-than-expected earnings results and stronger equity markets. More >>
While you were sleeping: Stocks rally, oil climbs
Tuesday, 20 October 2009, 9:45 am | Businesswire
Oct. 20 (BusinessWire) – Stocks on Wall Street rallied after companies including newspaper publisher Gannett Co. posted earnings that beat estimates and speculation grew that recovery is taking hold in the world’s biggest economy. More >>
Energy Trust torpedoes takeover bid for Horizon
Monday, 19 October 2009, 7:01 pm | Businesswire
Marlborough Lines takeover scuppered by Horizon Energy’s major shareholder Oct. 19 (BusinessWire) – Marlborough Lines Ltd., the Blenheim-based lines company, has had its takeover bid for network operator Horizon Energy Distribution Ltd. scuppered ... More >>
Kathmandu’s buyout firm owners may exit via IPO
Monday, 19 October 2009, 6:20 pm | Businesswire
Oct. 19 (BusinessWire) – Outdoor equipment chain Kathmandu Group plans to raise as much as $457 million in an initial public offering, allowing owners Goldman Sachs JBWere and Quadrant Private Equity to exit most of their holding. More >>
MARKET CLOSE: NZ shares rise on FPH debt repayment
Monday, 19 October 2009, 5:50 pm | Businesswire
Oct. 19 (BusinessWire) – New Zealand shares rose, pushing the NZX 50 Index to its highest close in more than a year, after Fisher & Paykel Healthcare said it would use hedging gains to repay debt. More >>
NZ Dollar Outlook: Kiwi to stall at 75 US cents
Monday, 19 October 2009, 2:37 pm | Businesswire
NZ Dollar Outlook: Kiwi to stall at 75 US cents this week as all eyes watch Bollard More >>
Wrightson forced to defend new shareholder Agria
Monday, 19 October 2009, 2:02 pm | Businesswire
Oct. 19 (BusinessWire) – PGG Wrightson, New Zealand’s largest rural services company, has been forced to defend new cornerstone shareholder Agria Corp. over U.S. class-action lawsuits and delays in filing its annual report in America. More >>
Contact Energy appoints new CFO
Monday, 19 October 2009, 12:47 pm | Businesswire
Oct 19 (BusinessWire) - Contact Energy has appointed Mark Elliott, a former Fletcher Challenge Energy and Shell International executive to the position of chief financial officer. More >>
NZ services sector index reaches 20-month high
Monday, 19 October 2009, 12:22 pm | Businesswire
Oct. 19 - New Zealand’s services industry recorded its strongest month in 20 in September, led by increased sales and new orders, providing more evidence that the economy is picking up pace after emerging from recession. More >>
Securities Commission faults company disclosures
Monday, 19 October 2009, 11:37 am | Businesswire
Oct 19 (BusinessWire) - Company accounts show a widespread lack of transparency, especially around revaluations, International Financial Reporting Standards, and underlying assumptions relating to areas of risk, says the Securities Commission ... More >>
F&P Healthcare trims $23 mln of debt on hedge gain
Monday, 19 October 2009, 10:57 am | Businesswire
Oct. 19 (BusinessWire) – Fisher & Paykel Healthcare Ltd., the maker of respirators and breathing masks, trimmed some $23 million of debt from its balance sheet after realising some gains in its forward exchange hedge book. More >>
NZ dollar falls as weaker US results hurt stocks
Monday, 19 October 2009, 9:45 am | Businesswire
Oct. 29 (BusinessWire) – The New Zealand dollar sank below 74 U.S. cents as weaker-than-expected U.S. earnings on Friday stoked concern companies didn’t manage the hoped-for big turn-around in the third quarter, prompting investors to return to the relative safety ... More >>
Stocks to watch: GPG, Guocoleisure, NZOG, Westpac
Monday, 19 October 2009, 9:38 am | Businesswire
Oct. 19 (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: Wall St slips on earnings
Monday, 19 October 2009, 8:38 am | Businesswire
Oct. 19 (BusinessWire) – Stocks fell in Europe and the U.S. on Friday as General Electric, America’s biggest corporate, and Bank of America posted disappointing earnings, stoking fears more companies will have a lacklustre third quarter. More >>
