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Businesswire - Latest News [Page 205]
Morschel succeeds Goode as chairman of ANZ Bank
Friday, 24 July 2009, 3:35 pm | Businesswire
July 24 – Australia & New Zealand Banking Group named John Morschel as chairman after Rod Eddington withdrew his acceptance of a directorship and the chairman’s role. More >>
Sinochem approaches Nufarm about possible takeover
Friday, 24 July 2009, 3:16 pm | Businesswire
July 24 (BusinessWire) - Nufarm Ltd., Australia’s biggest producer of agricultural chemicals, said it was approached by China’s Sinochem Corp. about a possible takeover. More >>
NZX to drop controversial "20 minute rule"
Friday, 24 July 2009, 3:10 pm | Businesswire
July 24 (BusinessWire) - NZX Ltd is preparing to axe its controversial "20 minute rule", which feeds market-sensitive company announcements to paying customers before the rest of the market sees them. More >>
Hart retains top spot on shrinking Rich List
Friday, 24 July 2009, 12:55 pm | Businesswire
July 24 – Graeme Hart, whose investments range from packaging to food, held onto his top spot on the National Business Review’s 2009 Rich List, which showed the impact of the credit crunch and global economic slump has trimmed the net worth of ... More >>
Air NZ long-haul passengers fall for 10th month
Friday, 24 July 2009, 11:20 am | Businesswire
July 24 (BusinessWire): Air New Zealand Ltd.’s long-haul passenger volumes fell for a 10th straight month, led by a continued slump on routes that link Japan and Asia with the U.K. as fears about swine flu and generally weak global demand reduced ... More >>
NZ dollar heads for weekly gain as Dow tops 9000
Friday, 24 July 2009, 10:18 am | Businesswire
July 24 (BusinessWire) – The New Zealand dollar headed for its second weekly gain as stronger U.S. housing resales and better-than-expected results from Ford Motor Co. and AT&T pushed the Dow Jones Industrial Average above 9000. More >>
Stocks to watch: Infratil, Lion Nathan, NZX, PGW
Friday, 24 July 2009, 10:00 am | Businesswire
July 23 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
Stocks to watch: Infratil, Lion Nathan, NZX, PGW
Friday, 24 July 2009, 10:00 am | Businesswire
July 23 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
Van der Heyden Quits NZX Board
Friday, 24 July 2009, 9:51 am | Businesswire
July 24 (BusinessWire) - Fonterra dairy cooperative chairman Henry van der Heyden this morning announced he is resigning from the board of NZX Ltd, which runs the New Zealand sharemarket, to counter any perceived conflicts of interest with the ... More >>
While you were sleeping: Dow tops 9000; Valero-NZR
Friday, 24 July 2009, 9:13 am | Businesswire
July 24 (BusinessWire) – US-listed refining company Valero Energy Corp is reported to be considering a bid for all or part of the New Zealand Refining Co Ltd, operator of the country’s only oil refinery. More >>
MARKET CLOSE: NZX 50 at 9-month high; CAV, FPA up
Thursday, 23 July 2009, 6:32 pm | Businesswire
July 23 – New Zealand shares rose to a nine-month high, as better-than-expected U.S. corporate earnings embolden investors to put funds into equities. Carpet marker Cavalier Corp., Fisher & Paykel Appliances and Fletcher Building led gainers. More >>
Auckland Airport appoints new CFO
Thursday, 23 July 2009, 3:21 pm | Businesswire
July 23 (BusinessWire) – Auckland International Airport Ltd., the nation’s primary gateway, has appointed a new chief financial officer after his predecessor took up the same position with PGG Wrightson Ltd. barely a year into his tenure. More >>
Strategic Asset Test For Foreign Investors to Go?
Thursday, 23 July 2009, 2:49 pm | Businesswire
July 22 (BusinessWire) - Foreign investors will face much lower hurdles than in the past under proposed changes to the overseas investment regime, Finance Minister Bill English announced today. More >>
National Australia stock sinks on A$2B placement
Thursday, 23 July 2009, 2:24 pm | Businesswire
July 23 – National Australia Bank stock fell about 5% after that nation’s biggest lender raised A$2 billion selling shares at a discount to strengthen its balance sheet as it prepares to secure funding for the 2010 year. More >>
NZ dollar hits 9-month high on earnings optimism
Thursday, 23 July 2009, 10:51 am | Businesswire
July 23 (BusinessWire) – The New Zealand dollar climbed above 66 U.S. cents to the highest in almost 10 months as better-than-expected company earnings continued to stoke investors’ appetite for higher-yielding, or riskier, assets. More >>
Auckland Airport gets partners for 4-star hotel
Thursday, 23 July 2009, 10:18 am | Businesswire
July 23 (BusinessWire) – Auckland International Airport Ltd., the largest gateway to the country, has entered into a joint venture with Accor Hospitality and Tainui Group Holdings to build and operate a new four-star hotel. More >>
Norgate steps down as Wrightson chair, Smith named
Thursday, 23 July 2009, 10:07 am | Businesswire
July 23 (BusinessWire) – Craig Norgate stepped down as chairman of PGG Wrightson, saying the nation’s largest rural services company needs an independent leader for the next stage of its growth. More >>
Stocks to watch: Wrightson, Sky City, AIA
Thursday, 23 July 2009, 10:04 am | Businesswire
July 23 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Morgan Stanley loss
Thursday, 23 July 2009, 8:54 am | Businesswire
July 23 (BusinessWire) – Morgan Stanley posted a larger-than-expected quarterly loss on disappointing returns from fixed income and asset management, losses of US$700 million on commercial real estate and the costs of repaying government aid. More >>
MARKET CLOSE: NZX 50 gains a 7th day; FPA, SKC up
Wednesday, 22 July 2009, 6:25 pm | Businesswire
July 22 – New Zealand’s benchmark NZX 50 Index extended its advance for a seventh day, as investors took encouragement from U.S. earnings that weren’t as bad as expected, Sky City Entertainment Group continued its rally and Fisher & Paykel ... More >>
