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Businesswire - Latest News [Page 215]
MARKET CLOSE: NZ shares rise; Pumpkin Patch jumps
Tuesday, 30 June 2009, 7:39 pm | Businesswire
MARKET CLOSE: NZ shares rise as qtr ends; Pumpkin Patch up on U.S. retreat More >>
Non-English speaking migrants best for trade
Tuesday, 30 June 2009, 5:04 pm | Businesswire
June 30 - New Zealand's immigration policy should target more non-English speaking migrants because of their value in opening up new markets and tourism, according to a research report by the New Zealand Institute for Economic Research, released ... More >>
Growers close ranks around Zespri monopoly
Tuesday, 30 June 2009, 4:50 pm | Businesswire
June 30 - Calls by Turners & Growers for deregulation of the kiwifruit industry are falling on deaf ears among growers and at Parliament, with the Agriculture Minister David Carter saying he will only support change if the industry does. More >>
Line 7 blames volatile kiwi for receivership
Tuesday, 30 June 2009, 2:34 pm | Businesswire
June 30 – Line 7 Ltd., the manufacturer of sailing and outdoor apparel, has entered receivership for the second time in its history. More >>
ComCom proposes regulation of termination rates
Tuesday, 30 June 2009, 1:36 pm | Businesswire
June 30 – The Commerce Commission has rejected the level of fees major telecommunications companies had proposed charging other carriers to terminate calls on their networks and recommended the prices be regulated. More >>
NZ business confidence up, despite agriculture
Tuesday, 30 June 2009, 12:03 pm | Businesswire
June 30 – Business confidence extended its run into positive territory for the second consecutive month as the turnaround in global sentiment boosts exporters' outlook. Still, the prospect of a lower payout for dairy farmers took its toll on ... More >>
NZ dollar heads for 2nd-qtr gain of 16% on yields
Tuesday, 30 June 2009, 9:37 am | Businesswire
June 30 – The New Zealand dollar climbed back over 65 U.S. cents and is heading for a quarterly gain of more than 16% as rising confidence the global economic slump has past its worst revives investors’ appetite for higher-yielding, or riskier, ... More >>
Stocks to watch: Infratil, Goodman Property, Rakon
Tuesday, 30 June 2009, 9:27 am | Businesswire
June 30 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Madoff gets 150 years
Tuesday, 30 June 2009, 8:31 am | Businesswire
June 30 – Crude oil climbed almost 4% after Royal Dutch Shell Plc shut an oil field in Nigeria because of an attack by the country’s main militant group. More >>
MARKET CLOSE: NZ shares rise; Telecom, Contact up
Monday, 29 June 2009, 6:30 pm | Businesswire
June 29 – New Zealand shares edged higher, with a late gain by Telecom Corp. and Contact Energy helping keep the NZX 50 Index above water for a third straight day. A shrinking trade deficit and a pick-up in housing permits stoked optimism the recession ... More >>
Wrightson a ""buy" says Morningstar research arm
Monday, 29 June 2009, 12:58 pm | Businesswire
June 29 – PGG Wrightson, New Zealand’s biggest rural services company, was raised to a "buy" at the research firm AspectHuntley, which said the stock became better value after tumbling on a profit warning. More >>
NZ Dollar Outlook: Kiwi may gain amid upbeat data
Monday, 29 June 2009, 12:58 pm | Businesswire
June 29 – The New Zealand dollar may gain this week on speculation economic data from the U.S., Europe, Australia and at home will add to signs that the global slump is abating, stoking investors’ appetite for riskier investments. More >>
NZ building approvals climb for a second month
Monday, 29 June 2009, 12:24 pm | Businesswire
June 29 – New Zealand home building approvals rose for a second month, spurred by consents for apartments, stoking optimism the central bank’s policy of record-low interest rates and a pick-up in net migration is reviving demand in the property ... More >>
NZ posts fourth straight monthly trade surplus
Monday, 29 June 2009, 11:52 am | Businesswire
June 29 – New Zealand posted its fourth straight monthly trade surplus as the prolonged recession sapped imports of petroleum and vehicles, while the nation shipped more exports to China. More >>
Independent News gains further debt extension
Monday, 29 June 2009, 10:27 am | Businesswire
June 29 – Independent News & Media, the U.K. owner of 32% of APN News & Media, gained a one-month extension on debt repayments, giving it more time to devise a repayment plan as part of a broader financial restructure. More >>
NZ dollar holds above 64 US cts on China US$ view
Monday, 29 June 2009, 9:34 am | Businesswire
June 29 – The New Zealand dollar held above 64 U.S. cents as the Chinese central bank renewed calls for a new world reserve currency, sapping demand for the greenback. More >>
Stocks to watch: Wrightson, F&P Appliances, Rakon
Monday, 29 June 2009, 9:28 am | Businesswire
June 29 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Fed's Fisher flags exit
Monday, 29 June 2009, 8:22 am | Businesswire
June 29 – The U.S. dollar fell after China, the biggest holder of U.S. Treasuries, reiterated its call for a new global reserve currency and said the International Monetary Fund should manage more of the world’s foreign-exchange reserves. More >>
MARKET CLOSE: NZ shares mixed; FPA falls, Rakon up
Friday, 26 June 2009, 6:50 pm | Businesswire
June 26 – New Zealand shares were mixed after figures showed the economy sank deeper into recession in the first quarter and as investors await second-quarter earnings. Fisher & Paykel Appliances, Ryman Healthcare and Sky City Entertainment Group ... More >>
Pretend you're for sale: Weldon to SOEs
Friday, 26 June 2009, 5:39 pm | Businesswire
June 26 - Glitzy sponsorships aimed at the political elite should be the first thing that state-owned enterprises axe if they are serious about better commercial performance, says the NZX CEO Mark Weldon. More >>
