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Businesswire - Latest News [Page 201]

While you were sleeping: SEC may ban flash trades

Wednesday, 5 August 2009, 8:35 am | Businesswire

August 5 (BusinessWire) – The U.S. Securities and Exchange Commission may ban so-called flash trades offered by exchanges such as the Nasdaq Stock Market, BATS Exchange and CBOE Stock Exchange which critics charge give unfair advantages to some investors. More >>

Aluminium leads gain in NZ commodity prices

Tuesday, 4 August 2009, 8:30 pm | Businesswire

August 4 (BusinessWire) – Aluminium posted the biggest gains among New Zealand commodity prices in July, followed by wood pulp, lumber and logs, according to the ANZ Commodity Price Index. More >>

Wealthy KiwiSaver investors lured to growth funds

Tuesday, 4 August 2009, 7:50 pm | Businesswire

August 4 (BusinessWire) – High-net-worth KiwiSaver investors with ING New Zealand are increasingly being lured to growth funds, having benefited from ‘unprecedented volatility’ in global financial markets, according to ING New Zealand. More >>

MARKET CLOSE: NZ stocks extend rally; PPL, MHI up

Tuesday, 4 August 2009, 6:37 pm | Businesswire

August 4 – New Zealand shares extended their gains for the 15th day in 16, led by children’s clothing chain Pumpkin Patch and jeweler Michael Hill International as optimism about a return of global growth spurred a flow of funds into equities. More >>

Plummeting fuel costs to benefit Air NZ travellers

Tuesday, 4 August 2009, 3:04 pm | Businesswire

Travellers will get the benefit of Air New Zealand’s shrinking fuel costs next year as competition in the Australasian market forces the national carrier to pass on any savings. More >>

ANZ Bank agrees to buy RBS units for US$550M

Tuesday, 4 August 2009, 1:20 pm | Businesswire

August 4 – Australia & New Zealand Banking Group agreed to acquire Royal Bank of Scotland’s retail and commercial banking operations in Taiwan, Singapore, Indonesia and Hong Kong, and its institutional units in Taiwan, the Philippines and Vietnam. More >>

NZ’s Telecom survives internet access appeal

Tuesday, 4 August 2009, 12:45 pm | Businesswire

August 4 – Telecom Corp., the biggest company on the NZX, has survived an appeal of a court ruling clearing it of anti-competitive behavior in the way it charged residential customers for internet access in the late 1990s. More >>

Wages still rising, jobs still falling

Tuesday, 4 August 2009, 12:16 pm | Businesswire

Aug 4 (BusinessWire) - Labour costs continue to rise, despite a slowdown over recent quarters, with public sector wages increasing at 3.6% in the year to June, compared to 2.7% in the private sector. More >>

Wakefield profit outlook slumps on ACC cuts, DHBs

Tuesday, 4 August 2009, 11:10 am | Businesswire

August 4 (BusinessWire) – Wakefield Health Ltd., the private hospital operator, slashed its earnings forecast for the first half of this year as the worst economic slump in 30 years slowed demand from patients using the private health system. More >>

NZX stock trading volumes slip in July

Tuesday, 4 August 2009, 10:55 am | Businesswire

August 4 (BusinessWire) – Trading volumes on NZX’s markets fell for the first month in three in July, led by a decline in shares traded, while the volumes of trading in debt securities advanced. More >>

NZ dollar gains as S&P 500 hits nine-month high

Tuesday, 4 August 2009, 10:04 am | Businesswire

NZ dollar gains as S&P 500 hits nine-month high, world sees route to recovery More >>

Stocks to watch: Air NZ, IRG, Tower, Life Pharmacy

Tuesday, 4 August 2009, 10:00 am | Businesswire

August 4 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>

While you were sleeping: S&P 500 tops 1,000

Tuesday, 4 August 2009, 8:35 am | Businesswire

August 4 (BusinessWire) – The Standard & Poor’s 500 Index rose above 1,000 for the first time in nine months, commodities rallied and the U.S. dollar dropped as better-than-expected data in the U.S. and China stoked optimism the recession ... More >>

Financial advisers need more controls - taskforce

Monday, 3 August 2009, 7:55 pm | Businesswire

August 3 (BusinessWire) - The Capital Markets Development Taskforce fears the new Financial Advisers Act 2008 will fail unless it is accompanied by additional stringent measures to govern the ethical conduct and description of financial advisers. More >>

MARKET CLOSE: NZX 50 extends 10-month high; FBU up

Monday, 3 August 2009, 6:27 pm | Businesswire

August 3 – New Zealand shares rose, pushing the NZX 50 Index to a new 10-month high amid signs the global economic slump is abating and investors are re-gaining appetite their risk appetite. Fletcher Building led gainers, climbing to an 11-month ... More >>