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Businesswire - Latest News [Page 202]
Currency Focus: Questioning the greenback
Monday, 3 August 2009, 11:04 am | Businesswire
In 1963, American folk group the Kingston Trio went to #21 on Billboard with their single “Greenback Dollar” The chorus line “… and I don’t give a damn about a Greenback Dollar, spend it fast as I can” was ominously prescient for their generation ... More >>
NZ jobless rate probably rose to seven-year high
Monday, 3 August 2009, 9:51 am | Businesswire
August 3 (BusinessWire) – New Zealand’s unemployment rate probably rose to a seven-year high in the second-quarter as companies and government departments shed jobs to cut costs in the worst economic slump for 30 years. More >>
NZ dollar gains as Wall Street ends July on a high
Monday, 3 August 2009, 9:42 am | Businesswire
August 3 (BusinessWire) – The New Zealand dollar gained as stocks on Wall Street ended the best July month in 20 years as second quarter earnings exceeded forecasts, while a milder-than-expected contraction in U.S. GDP stoked appetites for higher-yielding, ... More >>
Stocks to watch: NZ Oil & Gas, Pyne Gould, Sanfo
Monday, 3 August 2009, 9:33 am | Businesswire
August 3 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Milder US contraction
Monday, 3 August 2009, 8:22 am | Businesswire
August 3 (BusinessWire) – The world’s biggest economy contracted a less-than-expected 1% in the second-quarter leaving intact optimism that growth will return in the second half of the year. More >>
SMELLIE SNIFFS THE BREEZE: Productivity
Friday, 31 July 2009, 11:24 pm | Businesswire
July 31 (BusinessWire) - I've got a productivity idea to add to the 50 point productivity plan for New Zealand released this week by Business New Zealand: don't waffle. More >>
MARKET CLOSE: NZX 50 above 3,000; Ryman, BGR gain
Friday, 31 July 2009, 6:07 pm | Businesswire
July 31 – New Zealand’s NZX 50 Index ended the week above 3,000, holding near a 10-month high as optimism for a recovery in the global economy helped equity markets to rally and drove up commodity prices. Retirement village operator Ryman Healthcare ... More >>
Provenco stock sinks further as capital sought
Friday, 31 July 2009, 5:11 pm | Businesswire
July 31 – ProvencoCadmus shares fell, bringing their week-long slide to 54%, after the provider of electronic point-of-sale systems said some of its largest shareholders had declined to assist with urgently needed working capital. More >>
Ryman climbs to 10-month high on profit outlook
Friday, 31 July 2009, 1:40 pm | Businesswire
July 31 – Ryman Healthcare shares climbed to a 10-month high after the rest-home operator said it is trading well ahead of last year and is set to post an increase in full-year profit on demand for its facilities. More >>
Briscoes first-half profit doubled on cost cuts
Friday, 31 July 2009, 12:19 pm | Businesswire
July 31 (BusinessWire) – Briscoes Group, the owner of homeware, Rebel Sports goods, Urban Loft and Living & Giving chains, said profit doubled in the first half as the retailer streamlined its tiers of management and reduced inventories to cut ... More >>
OceanaGold posts 2nd-qtr profit on hedges gain
Friday, 31 July 2009, 11:06 am | Businesswire
July 31 (BusinessWire) – OceanaGold Corp., the owner of Macraes goldmine near Dunedin, posted its second straight quarter profit as hedges against changes in the spot price of gold bolstered the bottom line and output rose from its New Zealand operations. More >>
Silver Fern farmers approve share issue
Friday, 31 July 2009, 10:41 am | Businesswire
July 31 (BusinessWire) - Shareholders of Silver Fern Farms yesterday approved changes to the cooperative’s constitution that will open the door to other investors, create publicly traded shares and raise as much as NZ$128 million. More >>
Stocks to watch: Briscoe, Comvita, OceanaGold
Friday, 31 July 2009, 9:55 am | Businesswire
July 31 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
NZ dollar holds above 65 US cts as stocks rise
Friday, 31 July 2009, 9:37 am | Businesswire
NZ dollar holds above 65 US cts as Wall Street rebounds on earnings, labour data More >>
While You Were Sleeping: Stocks rise, bank bonuses
Friday, 31 July 2009, 9:34 am | Businesswire
July 31 (BusinessWire) - European and North American markets had another strong rally overnight, as early earnings season results continue to outperform expectations and money markets digested a huge US Treasuries offering better than expected. More >>
While You Were Sleeping: Stocks rise, bank bonuses
Friday, 31 July 2009, 9:34 am | Businesswire
July 31 (BusinessWire) - European and North American markets had another strong rally overnight, as early earnings season results continue to outperform expectations and money markets digested a huge US Treasuries offering better than expected. More >>
Caygill defends generators from Wolak spin
Friday, 31 July 2009, 8:59 am | Businesswire
July 31 (BusinessWire) - New Zealanders have been convinced they were overcharged $4.3 billion for electricity when the reports the figure is based on said no such thing, says Electricity Commission chairman David Caygill. More >>
South Canterbury succession plan underway: McLeod
Thursday, 30 July 2009, 5:59 pm | Businesswire
July 30 (BusinessWire) – South Canterbury Finance, the finance company whose investment-grade credit is being supported by its biggest shareholder, has a succession plan underway which it expects to find shape before Christmas. More >>
MARKET CLOSE: NZ shares gain as kiwi falls; FPH up
Thursday, 30 July 2009, 5:54 pm | Businesswire
July 30 – New Zealand shares rose after Reserve Bank Governor Alan Bollard signaled he’s willing to cut interest rates again, driving the kiwi dollar lower and helping bolster the prospects for companies such as Fisher & Paykel Healthcare which ... More >>
Comvita avoids earnout on olive leaf purchase
Thursday, 30 July 2009, 5:10 pm | Businesswire
July 30 – Comvita Ltd., which makes health products from honey and pollen, will avoid paying the ‘earnout’ component of the purchase price of an olive leaf extract business after it failed to meet a target for revenue growth. More >>
