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Businesswire - Latest News [Page 206]
Kiwi mobile marketer snapped up by US publisher
Wednesday, 22 July 2009, 5:42 pm | Businesswire
July 22 - Auckland-based mobile marketing firm The Hyperfactory has found a new cornerstone shareholder in a leading American womens' publisher and marketing agency, the New York Stock Exchange-listed Meridith Corporation. More >>
Kiwi as "peashooter" - forget intervention: Groser
Wednesday, 22 July 2009, 3:31 pm | Businesswire
July 22 (BusinessWire) – Trade Minister Tim Groser has dismissed suggestions that New Zealand could use its "pea-shooter" resources to successfully bring the kiwi dollar down, in an interview from Singapore with global broadcaster CNBC. More >>
Livestock Improvement posts record profit
Wednesday, 22 July 2009, 3:29 pm | Businesswire
July 22 – Livestock Improvement Corp., the dairy herd breeding cooperative owned by farmers, posted a record annual profit, reflecting the peak of the dairy season in spring 2008. It plans to cut costs and has frozen salaries in preparation for ... More >>
National Australia to raise A$2 bln in placement
Wednesday, 22 July 2009, 12:22 pm | Businesswire
July 22 (BusinessWire) – National Australia Bank, the region’s biggest lender by assets, plans to raise A$2 billion in a fully underwritten share placement to institutions, strengthening its balance sheet as it prepares to secure funding for ... More >>
National Australia stock halted for bookbuild
Wednesday, 22 July 2009, 11:15 am | Businesswire
July 22 (BusinessWire) – National Australia Bank had its stock halted pending plans to raise capital via a share placement, the lender said in a statement to the NZX. More >>
NZ dollar holds above 65 cts on Bernanke, profits
Wednesday, 22 July 2009, 10:28 am | Businesswire
July 22 (BusinessWire) – The New Zealand dollar held above 65 U.S. cents after Federal Reserve chairman Ben Bernanke reiterated that low interest rates would remain in place for an extended period and U.S. companies including Caterpillar and Merck ... More >>
OceanaGold raises A$24.2M in CDI sale
Wednesday, 22 July 2009, 10:08 am | Businesswire
July 22 (BusinessWire) – OceanaGold Corp., operator of the Macraes gold mine near Dunedin, raised A$24.2 million selling ASX-listed chess depositary receipts to fund ongoing exploration and strengthen its balance sheet. More >>
Turners & Growers sues Zespri for abuse of power
Wednesday, 22 July 2009, 9:48 am | Businesswire
July 22 (BusinessWire) – Turners & Growers Ltd., the fruit marketer and distributer that called for deregulation of the kiwifruit industry last month, has sued Zespri Ltd. in the High Court in Auckland, accusing the monopoly exporter of abusing its ... More >>
Stocks to watch: OceanaGold, Pike River, SKC, FPH
Wednesday, 22 July 2009, 9:42 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: Bernanke’s testimony
Wednesday, 22 July 2009, 8:32 am | Businesswire
July 22 (BusinessWire) – Federal Reserve Chairman Ben Bernanke said there are signs of improvement in the U.S. economy though the central bank is likely to keep its stimulatory monetary policy for longer. More >>
Credit card advances stall in June
Tuesday, 21 July 2009, 7:09 pm | Businesswire
21 July (BusinessWire) - Total outstanding credit card advances in June totalled $5.157 billion, the same as in May and almost identical to the same time a year ago, when advances totaled $5.103 billion. More >>
MARKET CLOSE: Sky City leads NZ stocks higher
Tuesday, 21 July 2009, 6:49 pm | Businesswire
July 21 – New Zealand shares rose for a sixth day, led by Sky City Entertainment Group, after the casino and hotel operator said annual profit was better than forecast and optimism the local bourse joined a global rally sparked by optimism the global ... More >>
Labour to lead Opposition bank inquiry
Tuesday, 21 July 2009, 6:25 pm | Businesswire
July 21 (BusinessWire) - Opposition parties are clubbing together in an arguably belated response to the finance and expenditure select committee's refusal to hold an inquiry into the banking sector. More >>
Taskforce to probe NZ productivity
Tuesday, 21 July 2009, 5:14 pm | Businesswire
July 21 (BusinessWire) - Former National Party leader Don Brash is to lead a productivity taskforce charged with identifying how New Zealand can close the income gap with Australia in the next 16 years. More >>
OceanaGold taps investors to boost exploration
Tuesday, 21 July 2009, 2:45 pm | Businesswire
July 21 (BusinessWire) – OceanaGold Corp., operators of the Macraes gold mine near Dunedin, will tap investors for funds as it seeks to raise capital to boost its exploration programme and improve its balance sheet. More >>
NZ migration extends gains in June, tourism slides
Tuesday, 21 July 2009, 1:17 pm | Businesswire
July 21 – New Zealand net migration extended its gains into June as fewer New Zealanders left the country amid widespread unemployment in Europe and the U.S., while the global economic slump continued to weigh on inbound tourism. More >>
Sky City forecast trumps previous outlook
Tuesday, 21 July 2009, 12:15 pm | Businesswire
July 21 (BusinessWire) – Sky City Ltd., the Australasian casino operator, is expecting net profit for the year to exceed previous expectations by around 9% in the year to June 30. More >>
Pyne Gould to buy Equity Partners for NZ$18M
Tuesday, 21 July 2009, 11:11 am | Businesswire
July 21 - Pyne Gould Corp., the finance group aiming to become a bank, agreed to acquire Equity Partners Asset Management, an asset manager controlled by Pyne director George Kerr for NZ$18 million. More >>
NZ dollar gains as CIT rescue boosts Wall St
Tuesday, 21 July 2009, 10:02 am | Businesswire
July 21 (BusinessWire) – The New Zealand dollar gained as stocks on Wall Street pushed higher on the news bondholders will bail out lender CIT Group to the tune of US$3 billion, whetting investors’ appetites for higher-yielding, or riskier, ... More >>
OceanaGold shares halted for placement
Tuesday, 21 July 2009, 10:00 am | Businesswire
July 21 – OceanaGold Corp., operators of the Macraes gold mine, had its shares halted from trading pending a placement. The company gave no immediate details of the size of the capital raising in its statement to the NZX. Shares of the gold miner ... More >>
