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Businesswire - Latest News [Page 192]

Goodman Fielder earnings rose 1.2% as costs fell

Wednesday, 26 August 2009, 3:10 pm | Businesswire

August 26 – Goodman Fielder Ltd., Australia’s largest baker, reported a 1.2% gain in pretax earnings as raw material costs abated from record-high levels, helping the company fatten its margins. More >>

Auckland Airport volumes climb 0.5%

Wednesday, 26 August 2009, 2:03 pm | Businesswire

August 26 – Auckland International Airport reported a 0.5% increase in passenger volumes last month, led by a surge in arrivals from Australia, evidence that a marketing campaign and cheaper fares are luring more visitors across the Tasman. More >>

NZ Farming loss widens on drought, low prices

Wednesday, 26 August 2009, 12:48 pm | Businesswire

August 26 – NZ Farming Systems Uruguay, which is developing dairy farms in South America based on intensive New Zealand farming techniques, posted a wider full-year loss widened as drought curbed output, prices weakened and fund-raising plans were ... More >>

Govt to toughen moratorium disclosures

Wednesday, 26 August 2009, 11:48 am | Businesswire

August 26 (BusinessWire) – The government plans to improve finance companies’ disclosure around moratoriums after 12 firms, with some NZ$2 billion in funds, delayed repayments to stave off receivership. It also wants to tighten trustee supervision ... More >>

Sky Network earnings forecast cut by AspectHuntley

Wednesday, 26 August 2009, 11:25 am | Businesswire

August 26 – Sky Network Television Ltd.’s operating expenses are outpacing revenue growth with the launch of MYSKY HDi, weaker advertising and lower subscriber growth, prompting AspectHuntley to lower its 2010 profit forecast. More >>

AXE to test trans-Tasman glasnost

Wednesday, 26 August 2009, 11:08 am | Businesswire

Aug 26 (BusinessWire) - Senior Cabinet Ministers plan to use the NZX’s stalled application for a share market trading licence in Australia as a test of the reinvigorated trans-Tasman political relationship. More >>

NZOG marks solid profit with new drilling plan

Wednesday, 26 August 2009, 10:37 am | Businesswire

New Zealand Oil and Gas Ltd this morning announced an expected 45% decline in profit in the year to June 30, which it described as "solid" and reflecting the reduction in production from the Tui oilfield, compared with the previous year. More >>

Stocks to watch: Tourism Holdings, NZOG results

Wednesday, 26 August 2009, 9:52 am | Businesswire

August 25 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>

NZ dollar holds above 68 US cts on upbeat US data

Wednesday, 26 August 2009, 9:46 am | Businesswire

August 26 (BusinessWire) – The New Zealand dollar held above 68 U.S. cents for the fourth straight day as U.S. consumer confidence climbed more than expected and house prices made their first gains in three years, adding to optimism that’s encouraging ... More >>

Tourism Holdings asset sales keep profit in black

Wednesday, 26 August 2009, 9:42 am | Businesswire

August 26 – Tourism Holdings Ltd., the campervan rental company, posted an 80% decline in full-year profit, avoiding a loss with the proceeds of assets sales while it spent more on marketing to underpin revenue. More >>

While you were sleeping: US confidence rises

Wednesday, 26 August 2009, 8:34 am | Businesswire

August 26 (BusinessWire) – U.S. consumer confidence rose more than expected and house prices posted their first gains in three years, adding to signs the world’s biggest economy is emerging from recession. More >>

NZ offers investors comfort in the recession: D&B

Wednesday, 26 August 2009, 8:24 am | Businesswire

August 25 (BusinessWire) – New Zealand is one of the safer countries in the Asia-Pacific region for investors to do business, according to a new survey. More >>

MARKET CLOSE: NZ shares mixed; Pike drops, MVN up

Tuesday, 25 August 2009, 6:28 pm | Businesswire

August 25 – New Zealand shares were mixed, with Pike River Coal weighing on the NZX 50 Index after announcing further production delays at its South Island mine. Tapmaker Methven Ltd. led gainers, climbing to an 11 month high. More >>

Deposit guarantee scheme extended to December 2011

Tuesday, 25 August 2009, 2:46 pm | Businesswire

Aug 25 (BusinessWire) - The Government is extending its Retail Deposit Guarantee Scheme by a further 14 months to December 2011, hoping that the world economy will have recovered enough by then for finance companies, in particular, to get back on ... More >>