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Businesswire - Latest News [Page 236]
Stocks to Watch: Wrightson settles; FPA loan talks
Monday, 27 April 2009, 9:25 am | Businesswire
April 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: Upbeat G-7
Monday, 27 April 2009, 8:34 am | Businesswire
April 27 – Finance chiefs from the Group of Seven nations said the global economy may begin a “weak” recovery this year, stoking optimism the recession may have bottomed. More >>
SMELLIE SNIFFS THE BREEZE: A little ANZAC spirit
Saturday, 25 April 2009, 10:17 am | Businesswire
April 24 - Don't get me wrong. I'm a fifth generation New Zealander who could have left but didn't. Globalisation's great, but so is home. More >>
Wrightson settles Silver Fern dispute for NZ$42M
Friday, 24 April 2009, 7:33 pm | Businesswire
April 24 - PGG Wrightson Ltd. has settled its dispute over a failed alliance with Silver Fern Farms for cash and shares amounting to about NZ$42 million. More >>
Kiwis are confident of good times ahead, poll says
Friday, 24 April 2009, 6:58 pm | Businesswire
April 24 - New Zealanders are more optimistic about the next five years than at any time since October 2007, according to a just-issued consumer confidence poll. More >>
MARKET CLOSE: NZ stocks mixed; Air NZ up, THL down
Friday, 24 April 2009, 6:47 pm | Businesswire
April 24 – New Zealand shares were mixed, with Air New Zealand gaining as it cut capacity to maintain load factors in the face of falling passenger numbers fell and Tourism Holdings falling with inbound tourists. More >>
NZ Post completes NZ$200 mln sale of 7.5% bonds
Friday, 24 April 2009, 5:53 pm | Businesswire
April 24 – New Zealand Post Group Finance completed its NZ$200 million sale of bonds that pay 7.5% annual interest. More >>
Nuplex investors pay more for top-up shares
Friday, 24 April 2009, 3:54 pm | Businesswire
April 24 - Nuplex Industries, the worst-performing stock on the NZX 50 Index this year, has dug itself out of balance sheet hell with investors agreeing to pay more under the top-up option in its capital raising plan. More >>
Contact Energy may struggle to achieve forecast
Friday, 24 April 2009, 1:55 pm | Businesswire
April 24 – Contact Energy Ltd., the largest listed power company, may struggle to achieve its full-year profit forecast after shedding 8% of its customers since a peak in September, losing the best part of seven years’ of customer growth. More >>
Air NZ long-haul passenger drop continued in March
Friday, 24 April 2009, 1:21 pm | Businesswire
April 24 – Air New Zealand Ltd.’s long-haul passenger volumes continued to plummet in March, led by a 21% slump in numbers on North America/U.K. routes. More >>
National Property Trust portfolio value falls 4.9%
Friday, 24 April 2009, 12:21 pm | Businesswire
April 24 - National Property Trust said the value of its portfolio fell 4.9% in the six months through March, reflecting softer capital yields in the property market. More >>
Hundreds not claiming Tranz Rail compo
Friday, 24 April 2009, 11:33 am | Businesswire
April 24 – The Securities Commission is waiting to hear from some 535 shareholders eligible for the remainder of the NZ$27.5 million compensation from the Tranz Rail insider trading settlement. More >>
While you were sleeping: Apple, Microsoft results
Friday, 24 April 2009, 10:04 am | Businesswire
April 24 – U.S. companies ranging from Apple Inc. to EBay to Amazon.com posted earnings that exceeded analysts’ expectations, helping lift shares on Wall Street. More >>
Stocks to Watch: Contact customers, Cavalier costs
Friday, 24 April 2009, 9:55 am | Businesswire
The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
NZ dollar gains ahead of stress-test details, G-20
Friday, 24 April 2009, 9:27 am | Businesswire
The New Zealand dollar gained as U.S. policy makers prepare to unveil how they will assess the ability of America’s largest banks to cope with ongoing financial crisis and finance ministers of the Group of 20 nations gather in Washington to discuss ... More >>
MARKET CLOSE: NZX 50 falls; Nuplex, Skellerup down
Thursday, 23 April 2009, 6:14 pm | Businesswire
April 23 – New Zealand shares fell, pushing the NZX 50 Index down for a fourth day, as the International Monetary Fund’s forecast for a global slump this year weighed on equity markets. Nuplex Industries and Skellerup Industries led the decline. More >>
Kirin in talks to acquire 100% of Lion Nathan
Thursday, 23 April 2009, 12:30 pm | Businesswire
April 23 – Kirin Holdings Co., Japan’s largest beverage company, is in talks to acquire the remaining shares in 46.1%-owned Australian brewer Lion Nathan Ltd., betting demand for beer won’t falter as economic growth slows. More >>
Layoffs loom in Ports of Auckland restructure
Thursday, 23 April 2009, 12:12 pm | Businesswire
April 23 – Ports of Auckland Ltd., the country’s largest container port by volume, may lay off 30 staff as it centralises its operations at its Fergusson terminal in the face of dwindling trade volumes due to the global economic downturn. More >>
F&P Appliances in talks to extend $80M facility
Thursday, 23 April 2009, 10:46 am | Businesswire
April 23 – Fisher & Paykel Appliances, the embattled whiteware manufacturer, told the stock exchange it’s in discussions over its refinancing arrangements following reports it had extended its funding facility for two months. More >>
NZ dollar may fall as global economic outlook dims
Thursday, 23 April 2009, 10:01 am | Businesswire
By Paul McBeth April 23 – The New Zealand dollar may fall on concern the global economic outlook will slump further this year, with the International Monetary Fund downgrading its forecast for global growth while the U.K. government announced a ... More >>
