Businesswire - Latest News [Page 200]
NZ housing confidence, price expectations improve
Friday, 7 August 2009, 10:29 am | Businesswire
August 7 – New Zealand housing market confidence has improved, with expectations for prices moving up to about neutral and more people deeming it a good time to buy, according to the ASB Housing Confidence survey. More >>
NZ dollar jumps vs pound as BoE prints more money
Friday, 7 August 2009, 9:52 am | Businesswire
NZ dollar jumps vs pound as BoE prints more money; kiwi holds above 67 US cts More >>
Stocks to watch: Fletcher, Goodman Property, NZX
Friday, 7 August 2009, 9:49 am | Businesswire
August 7 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Nasdaq drops flash trades
Friday, 7 August 2009, 8:34 am | Businesswire
August 7 (BusinessWire) – Nasdaq OMX Group and Bats Global Markets bowed to pressure and agreed to stop brokers using so-called flash trades that may give them a split-second advantage over other investors. More >>
RBNZ exempts small deposit takers from rating rule
Thursday, 6 August 2009, 6:25 pm | Businesswire
August 6 (BusinessWire) – The Reserve Bank of New Zealand has excluded small non-bank deposit takers from requiring a credit rating as part of new prudential regulation, saying it would be unfair to enforce the regime on these companies. More >>
MARKET CLOSE: NZ shares fall on jobless; TEL down
Thursday, 6 August 2009, 5:50 pm | Businesswire
August 6 (BusinessWire) – New Zealand shares declined after government figures showed the unemployment rate has climbed more than economists and the Reserve Bank were expecting. Telecom Corp., Contact Energy and Fletcher Building, the biggest ... More >>
Lion Nathan to become food and liquor giant
Thursday, 6 August 2009, 5:15 pm | Businesswire
August 6 (BusinessWire) – Lion Nathan Ltd. will morph into one of Australia’s biggest food and beverage groups following the takeover by Kirin Group, which plans to merge the brewer with its National Foods dairy products business. More >>
NZ jobless rate climbs to more-than-expected 6%
Thursday, 6 August 2009, 12:20 pm | Businesswire
NZ jobless rate climbs more than expected to 9-year high; kiwi slides vs $AUD More >>
NZ dollar holds above 67 US cts ahead of jobs data
Thursday, 6 August 2009, 10:00 am | Businesswire
NZ dollar holds above 67 US cents on milk sale, ahead of jobs data By Paul McBeth More >>
Stocks to watch: Cynotech, IRG, Mainfreight, RNS
Thursday, 6 August 2009, 9:51 am | Businesswire
August 6 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: US services shrink
Thursday, 6 August 2009, 8:31 am | Businesswire
August 6 (BusinessWire) – U.S. service industries shrank more than expected and companies cut more jobs than forecast, stoking concerns the economic recovery will be slower and more tepid. Stocks on Wall Street dipped. More >>
Renaissance needs a good Christmas
Wednesday, 5 August 2009, 6:38 pm | Businesswire
Aug 5 (BusinessWire) - Listed Apple reseller Renaissance Corporation Ltd suffered in the six months to June 30 as recession-hit sales fell away and the company absorbed the costs of discontinued business and roll-out costs for new stores. More >>
Cynotech lifts first-half profit on repayments
Wednesday, 5 August 2009, 6:20 pm | Businesswire
August 5 (BusinessWire) – Cynotech Holdings Ltd., the diversified holding company run by former 1980s high-flier Allan Hawkins, posted a 2.9% gain in first-half profit as debtors began repayments on impaired loans that had previously been valued at ... More >>
MARKET CLOSE: NZ shares slip; HLG, SKC fall
Wednesday, 5 August 2009, 6:12 pm | Businesswire
August 5 – New Zealand shares fell from a 10-month high after retailer Hallenstein Glasson Holdings said annual profit tumbled and the kiwi dollar surged above 67 U.S. cents, weighing on companies with U.S. dollar earnings. More >>
Investment Research Group breaches bank covenants
Wednesday, 5 August 2009, 12:05 pm | Businesswire
August 5 - Investment Research Group, a financial services company that is overdue in filing its annual accounts, said it was in breach of banking covenants as at March 31. More >>
Auckland home sales fall, listings rise: Barfoot
Wednesday, 5 August 2009, 11:39 am | Businesswire
(BusinessWire)– Auckland home sales fell last month while the number of listings rose, suggesting the property market may be shaking off the worst of the slump, according to real estate firm Barfoot & Thompson. More >>
Hallenstein profit tumbles 23% on margin squeeze
Wednesday, 5 August 2009, 10:44 am | Businesswire
August 5 - Hallenstein Glasson Holdings Ltd., owner of the men’s and women’s clothing chains, said annual profit tumbled about 23% as it trimmed prices to lift sales, eroding its margins. More >>
NZ dollar hits 10-month high after Fonterra sale
Wednesday, 5 August 2009, 10:01 am | Businesswire
August 5 (BusinessWire) – The New Zealand dollar climbed over 67 U.S. cents to a ten-month high as a jump in the price of milk powder sold on Fonterra Cooperative Group’s online auction stoked appetite for the kiwi currency. More >>
Stocks to watch: Hallenstein, GEN, Tower
Wednesday, 5 August 2009, 9:52 am | Businesswire
August 5 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
Fonterra online sale price up 26%; market volatile
Wednesday, 5 August 2009, 9:35 am | Businesswire
August 5 (BusinessWire) – The price of milk powder jumped nearly 26% in Fonterra Cooperative Group’s latest online auction as the dairy market remains extremely volatile. The New Zealand dollar jumped to a 10-month high after the results were ... More >>
