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Businesswire - Latest News [Page 239]
OCR heading to 2%: ASB CPI Preview
Tuesday, 14 April 2009, 2:18 pm | Businesswire
April 14 - The Official Cash Rate should drop 50 basis points to 2.5% on April 30, with another 50 to go before bottoming out at 2 per cent, says the ASB's chief economist, Nick Tuffley. More >>
Mobile roaming rates in the spotlight - Commcomm
Tuesday, 14 April 2009, 12:21 pm | Businesswire
April 14 – The Commerce Commission is still unhappy with competition in the mobile telecommunications market, despite some positive developments. More >>
February Retail Sales Flat, Auckland Hardest Hit
Tuesday, 14 April 2009, 12:13 pm | Businesswire
April 14 - Times remained tough for retailers in February, especially in Auckland, with seasonally adjusted monthly sales up 0.2% compared with January 2009, when they slipped 1.2% from December. More >>
STOCKS TO WATCH: Fletcher insulation, ING Property
Tuesday, 14 April 2009, 10:19 am | Businesswire
Stocks to Watch: Fletcher insulation, ING Property April 14 – The following stocks may be active on the New Zealand exchange after developments since the close of trading on Thursday before the Easter break. More >>
NZ dollar gains on US corporate earnings
Tuesday, 14 April 2009, 9:59 am | Businesswire
April 14 – The New Zealand dollar gained over the Easter holiday as better-than-expected bank profits in the U.S. stoked appetite for high-yielding, riskier assets. More >>
WHILE YOU WERE SLEEPING: All Eyes on US Earnings
Tuesday, 14 April 2009, 9:52 am | Businesswire
April 14 - The US first quarter earnings season gets under way in earnest this week, with market observers trawling corporate results for signs that the world’s bellwether economy may be starting to bottom out. More >>
MARKET CLOSE: NZ stocks mixed; Fletcher gains
Friday, 10 April 2009, 3:48 pm | Businesswire
April 9 – New Zealand stocks ended the short Easter week mixed, as Fletcher Building gained amid tentative signs of a housing market thaw and Skellerup Industries tumbling after cutting its profit forecast. More >>
SMELLIE SNIFFS THE BREEZE: Bye bye Aunty Helen
Friday, 10 April 2009, 3:31 pm | Businesswire
April 10 - I first encountered Helen Clark in 1981. She was my political studies tutor at Auckland University in 1981. More >>
NZ home sales jump in March, house prices edge up
Thursday, 9 April 2009, 3:42 pm | Businesswire
April 9 - New Zealand home sales jumped last month and the median price edged higher, which may reflect returning demand amid lower mortgage rates and property values. More >>
Australian jobless rate rises to 5-year high 5.7%
Thursday, 9 April 2009, 2:50 pm | Businesswire
April 9 – Australia’s unemployment rate rose to a five-year high as the nation sinks into what may be its first recession since 1991 and companies trim their workforce in response to the downturn in demand. More >>
Skellerup cuts profit forecast on US, Europe
Thursday, 9 April 2009, 2:27 pm | Businesswire
April 9 - Skellerup Industries, a manufacturer of rubber goods and milking equipment, cut its full-year profit forecast because of a downturn in the U.S. and Europe. Its shares dropped 11%. More >>
NZ electronic card transactions at retailers climb
Thursday, 9 April 2009, 12:50 pm | Businesswire
April 9 – New Zealand spending on debt and credit cards at retailers rose for a second month in March, providing an early sign that consumers may be stirring from their recessionary sleep. More >>
Sky TV wins Rugby World Cup rights in pay-TV first
Thursday, 9 April 2009, 12:07 pm | Businesswire
April 9 – Sky Network Television Ltd., the country’s largest pay-TV provider, won the rights to host the 2011 Rugby World Cup, the first time free-to-air networks have missed out on live coverage of the entire event. More >>
AMP Capital gains 6.95% of Freightways
Thursday, 9 April 2009, 11:35 am | Businesswire
April 9 – AMP Capital Investors has becomes substantial security holder of Freightways Ltd. after participating in the logistics company’s placement at a 12% discount. More >>
AMP raises A$296 million in sale of notes
Thursday, 9 April 2009, 10:57 am | Businesswire
April 9 – AMP Ltd., the dual-listed Australian insurer and wealth manager, raised A$296 million through the sale of notes in Australia and New Zealand to repay existing debt and boost working capital. More >>
NZ property values drop 9.3%, led by Auckland
Thursday, 9 April 2009, 10:50 am | Businesswire
April 8 - New Zealand property values fell 9.3% last month, led by declines in Auckland City and Manukau, as rising unemployment and waning job security counters the benefits of lower borrowing costs. More >>
While you were sleeping: S&P 500 gains, oil rises
Thursday, 9 April 2009, 10:47 am | Businesswire
April 9 – U.S. stocks rose on expectations insurance companies will benefit from government aid and home-furnishings chain Bed Bath & Beyond posted better-than-expected profit, easing concern about the first-quarter earnings season. More >>
Stocks to Watch: Fletcher insulation, ING Property
Thursday, 9 April 2009, 10:15 am | Businesswire
Stocks to Watch: Fletcher insulation, ING Property April 9 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
NZ dollar halts slide as earnings concerns ease
Thursday, 9 April 2009, 9:44 am | Businesswire
April 9 – The New Zealand dollar halted its slide as the U.S. corporate earnings season begins to gather steam and shares on Wall Street edged higher. More >>
Restaurant Brands ups dividend as Colonel booms
Wednesday, 8 April 2009, 11:35 am | Businesswire
April 8 – Restaurant Brands New Zealand Ltd., the holder of New Zealand’s KFC, Starbucks, and Pizza Hut franchises, increased its full-year dividend by 7.7% as its KFC chain boosted annual sales to a record NZ$211.5 million. More >>
