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Businesswire - Latest News [Page 204]
MARKET CLOSE: NZX 50 tops 3,000; Sky City gains
Tuesday, 28 July 2009, 7:09 pm | Businesswire
July 28 – New Zealand’s benchmark NZX 50 index climbed above 3,000 for the first time since Oct. 7 amid optimism the economy is over the worst of its recession, making equities look relatively good value on a long-term view. Sky City Entertainment Group ... More >>
Stonking profit for Abano Healthcare
Tuesday, 28 July 2009, 7:02 pm | Businesswire
July 28 (BusinessWire) - Diversified medical services franchise investor Abano Healthcare has reported a recession-busting stonker of a profit result for the year to May 31 and substantially increased its credit lines to fund future activity. More >>
Aussies to the rescue for Auckland Airport
Tuesday, 28 July 2009, 5:45 pm | Businesswire
July 28 (BusinessWire) - Red-hot competition on trans-Tasman routes is reflected in another big jump in arrivals through Auckland International Airport from Australia, and a 4% increase in international aircraft movements in June, compared to a year ... More >>
Steel & Tube names OneSteel's Dave Taylor as CEO
Tuesday, 28 July 2009, 12:43 pm | Businesswire
July 28 – Steel & Tube Holdings, which sells steel building supplies such as reinforcing rods, named Dave Taylor as chief executive, filling a gap after the retirement of Nick Calavrias in April. More >>
NZ trade deficit widens as planes bolster imports
Tuesday, 28 July 2009, 12:28 pm | Businesswire
July 28 (BusinessWire) – New Zealand’s trade deficit unexpectedly widened last month, as the arrival of Qantas Airways’ Jetstar unit bolstered imports and exports of dairy products and oil fell. More >>
Methven stock drops of forecast profit slump
Tuesday, 28 July 2009, 12:03 pm | Businesswire
July 28 – Methven Ltd. shares fell after the maker of taps and plumbing fixtures said profit may tumble as much as 20% in 2010, reflecting worsening trading conditions in the U.K. More >>
Stocks to watch: AFI, FPA, NZ Refining, Sky City
Tuesday, 28 July 2009, 9:55 am | Businesswire
July 28 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While You Were Sleeping: Markets Look to Earnings
Tuesday, 28 July 2009, 9:52 am | Businesswire
July 28 (BusinessWire) – US and European markets opened the week looking for direction from a slew of corporate earnings reports and US GDP numbers due on Friday, which should show a marked slowing in the recessionary impulse in the world’ largest ... More >>
NZ dollar holds near 65.50 U.S. cts as shares rise
Tuesday, 28 July 2009, 9:44 am | Businesswire
NZ dollar holds near 65.50 U.S. cents as equities edge higher, RBNZ awaited More >>
MARKET CLOSE: NZ stocks rally a 10th day; GPG up
Monday, 27 July 2009, 6:49 pm | Businesswire
July 27 – New Zealand shares rounded out their 10th session of gains, pushing the NZX 50 toward 3,000 for the first time since early October, as investors take heart from better-than-expected U.S. earnings and optimism the worst of the recession has ... More >>
NZ Dollar Outlook: Kiwi may range-trade before MPS
Monday, 27 July 2009, 5:46 pm | Businesswire
July 27 (BusinessWire) – The New Zealand dollar may trade within its recent range this week as better data and U.S. earnings provide support, while Reserve Bank Governor Alan Bollard may warn that the currency is too strong when he releases his review ... More >>
Independent News & Media standstill extended
Monday, 27 July 2009, 12:17 pm | Businesswire
July 27 – Independent News & Media, which owns 39% of APN News & Media, gained a further extension from its banks and bondholders of a standstill agreement covering 200 million euros of bonds. More >>
Sanford to buy Sealord marine farms for NZ$23.4M
Monday, 27 July 2009, 11:57 am | Businesswire
July 27 – Sanford Ltd., the biggest fishing company on the NZX, agreed to acquire mussel farms from Sealord Group for NZ$23.4 million, adding to its capacity to produce the shellfish in the Marlborough Sounds. More >>
NZ dollar may rise on upbeat data, earnings
Monday, 27 July 2009, 11:34 am | Businesswire
July 27 – The New Zealand dollar, little changed from its close on Friday in New York, may grind higher on the prospect of further upside surprises in U.S. earnings, underpinning equity markets, and as domestic data hints that recession is abating. More >>
Stocks to watch: Auckland Airport, Delegat’s, NZR
Monday, 27 July 2009, 9:45 am | Businesswire
July 27 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Dollar falls; Ericsson
Monday, 27 July 2009, 9:17 am | Businesswire
July 27 – The U.S. dollar and the yen slipped against the euro on Friday in New York as investors took heart from better than expected corporate earnings and amid signs the economic slump in Europe may be abating. More >>
SMELLIE SNIFFS THE BREEZE: Bill and the Snapper
Friday, 24 July 2009, 6:39 pm | Businesswire
July 24 (BusinessWire) - Anyone who takes a bus in Wellington knows about Snapper cards - the little red credit card lookalikes that make a voice blurt: "Please Don't Forget toTag Off", "Card Value Low" and, most ominously, "Insufficient ... More >>
MARKET CLOSE: NZX 50 gains a 9th day; AIA, NZR up
Friday, 24 July 2009, 6:24 pm | Businesswire
July 24 – New Zealand shares chalked up their ninth straight daily advance, with Auckland International Airport rising on renewed prospects of a foreign takeover, and New Zealand Refining gaining on the report that U.S. refiner Valero Energy Corp. ... More >>
W-shaped global recovery on the way: AMP Capital
Friday, 24 July 2009, 4:27 pm | Businesswire
24 July (BusinessWire) - The world faces a "somewhat W-shaped" economic recovery, with a strong short-term bounceback from the depths of the recent recession followed by a dip in activity as rich nations grapple to control ballooning public ... More >>
Aussie tax review would force NZ changes: English
Friday, 24 July 2009, 4:04 pm | Businesswire
If Australia made big changes to its GST or personal tax rates, the pressure would be on New Zealand to respond to maintain trans-Tasman competitiveness, says Finance Minister Bill English. More >>
