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 187]
cks to watch: Contact, Delegat’s, Fletcher
Thursday, 10 September 2009, 9:32 am | Businesswire
Sept. 9 – 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 >>
Bollard holds OCR at 2.5%, cites high kiwi
Thursday, 10 September 2009, 9:20 am | Businesswire
Sept. 10 (BusinessWire) – Reserve Bank of New Zealand Governor Alan Bollard held the official cash rate at 2.5% today, as expected, and said the strong kiwi dollar was a threat to a sustained recovery. “Business profits are under pressure because ... More >>
Fitch Drops Contact to BBB
Wednesday, 9 September 2009, 6:42 pm | Businesswire
Sept 9 (BusinessWire) - Ratings agency Fitch has downgraded Contact Energy Ltd to a BBB credit rating from BBB+, reflecting a rising borrowing profile as new generation plant and underground gas storage facilities are installed, and the significant impact ... More >>
MARKET CLOSE: NZ shares slip; FPA falls, HLG gains
Wednesday, 9 September 2009, 6:37 pm | Businesswire
Sept. 9 – New Zealand shares fell for a second day, with Fisher & Paykel Appliances declining on the prospects of falling out of the NZX 15 Index and PGG Wrightson fell after brokerage lowered its valuation of the rural services company. More >>
NZ firms beat low-ball estimates; little guidance
Wednesday, 9 September 2009, 2:23 pm | Businesswire
Sept. 8 (BusinessWire) – New Zealand companies beat analysts’ low-ball earnings estimates in the year through June but provided little guidance for the next 12 months as they await evidence of the much-touted recovery from recession. More >>
Crafar family, fined for discharge, may sell farms
Wednesday, 9 September 2009, 2:08 pm | Businesswire
Sept. 9 – Crafarms, the owner of some 30 farms mainly in the central North Island, is seeking a buyer for its operations after being saddled with fines and costs for effluent discharges and high debt levels. More >>
Morningstar says accumulate Ebos, CAV cut to hold
Wednesday, 9 September 2009, 12:21 pm | Businesswire
Sept 9 (BusinessWire) - A record of successful acquisitions and the recession-proof nature of medical sales make Ebos Group Ltd (EBO-NZ) a share to accumulate, says Australian equities analyst AspectHuntley, part of the Morningstar managed funds ... More >>
NZ debit, credit card purchases climb in August
Wednesday, 9 September 2009, 12:14 pm | Businesswire
Sept. 9 – New Zealanders lifted purchases on credit and debit cards for a second month in August, stoking optimism that consumers are becoming more willing to spend amid signs the recession may be drawing to an end. More >>
Briscoe 1st-half net rose 111%, dividend doubled
Wednesday, 9 September 2009, 11:08 am | Businesswire
Sept. 9 (BusinessWire) - Briscoes Group, the owner of homeware, Rebel Sports goods, Urban Loft and Living & Giving chains, posted a 111% gain in first-half profit, meeting its guidance, as cost cutting and the introduction of inventory management ... More >>
NZ dollar gains to year-high as greenback falls
Wednesday, 9 September 2009, 9:45 am | Businesswire
Sept. 9 (BusinessWire) – The New Zealand dollar hit a new high this year as inflation fears prompted investors to unwind their holdings in the greenback and stoked appetites for precious metals such as gold. More >>
Stocks to watch: F&P Healthcare, Telecom, Vector
Wednesday, 9 September 2009, 9:41 am | Businesswire
Sept. 9 – 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: Gold tops US$1,000
Wednesday, 9 September 2009, 8:33 am | Businesswire
Sept. 9 (BusinessWire) – Gold topped US$1,000 an ounce as the U.S. dollar fell to its weakest level this year and investors bet inflation will reappear, stoking the appeal of the precious metal. More >>
MARKET CLOSE: NZ shares mixed as ASX rises; GFF up
Tuesday, 8 September 2009, 7:51 pm | Businesswire
Sept. 8 (BusinessWire) – New Zealand shares were mixed. The benchmark NZX 50 Index slipped 0.04% though almost three times as many stocks rose as fell. Goodman Fielder rose after Kraft Foods 10.2 billion pound offer for Cadbury lifted optimism about ... More >>
Stadium and prisons buoy construction sector
Tuesday, 8 September 2009, 4:34 pm | Businesswire
Sept. 8 (BusinessWire) – New Zealand home-building work sank to an eight-year low in the second quarter, lagging behind non-residential construction for the first time since the government statistician began the series in 1989. More >>
Major users back power company asset swap
Tuesday, 8 September 2009, 3:26 pm | Businesswire
Sept 8 (BusinessWire) - The Major Electricity Users Group has done a complete about-face and is supporting proposals to force state-owned power companies to swap assets to create better inter-island retail competition and dry year hydro risk management. More >>
Freightways ousts F&P Appliances from NZX 15
Tuesday, 8 September 2009, 11:49 am | Businesswire
Sept. 8 (BusinessWire) – Freightways Ltd. will replace Fisher & Paykel Appliances in the NZX 15 Index of New Zealand’s biggest companies, reflecting its relative outperformance versus the appliance manufacturer. More >>
NZ dollar hits 11-month high on risk appetite
Tuesday, 8 September 2009, 10:26 am | Businesswire
NZ dollar hits 11-month high as risk appetite rises on G-20 stimulus commitment More >>
Stocks to watch: Air NZ, FPH, Telecom, THL
Tuesday, 8 September 2009, 9:47 am | Businesswire
Sept. 7 – 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: Cadbury offer, yen falls
Tuesday, 8 September 2009, 8:14 am | Businesswire
Sept. 8 (BusinessWire) – Cadbury Plc soared 38%, leading European stocks higher, after the chocolate and confectionery maker rejected a 10.2 billion pound offer that Kraft Foods Inc. said would create a “global powerhouse” in the food industry. More >>
MARKET CLOSE: NZX 50 gains on outlook; FBU up
Monday, 7 September 2009, 6:12 pm | Businesswire
Sept. 7 – New Zealand shares rose for a third day amid optimism the economy is showing signs of recovery, boosting the prospects for company earnings hammered by recession. Fletcher Building Ltd., the biggest construction company, was among gainers. More >>
