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Businesswire - Latest News [Page 26]
MARKET CLOSE: NZ stocks rise; Air NZ gains, Kathmandu falls
Monday, 29 November 2010, 5:57 pm | Businesswire
Nov. 29 (BusinessDesk) - New Zealand stocks rose for the first time in three sessions, as investors took their lead from Australia, which shrugged off some of the nervous sentiment stalking global markets. Air New Zealand Ltd. paced gainers on the day, ... More >>
Auckland Airport passenger numbers bolstered by Asians
Monday, 29 November 2010, 5:52 pm | Businesswire
Nov. 29 (BusinessDesk) – Auckland International Airport Ltd., the national gateway, continued to enjoy growing numbers of Asian visitors as its international passengers grew last month. More >>
Renaissance ekes out 9-month profit as sales gain
Monday, 29 November 2010, 5:50 pm | Businesswire
Nov. 29 (BusinessDesk) – Renaissance, a New Zealand distributor of Apple products and education software, posted a profit in the nine months ended Sept. 30, as sales rose. More >>
NZ business confidence gains for second month
Monday, 29 November 2010, 3:43 pm | Businesswire
Nov. 29 (BusinessDesk) – New Zealand business confidence rose for a second straight month amid optimism profits will rise and ease of credit will improve in what may be the first signs of stronger economic growth. More >>
NZ Dollar Outlook: Kiwi may fall to 74 US cts
Monday, 29 November 2010, 3:08 pm | Businesswire
NZ Dollar Outlook: Kiwi may fall to 74 US cts as Euro debt fears linger More >>
Axa, AMP sign binding terms over sale of Australasian units
Monday, 29 November 2010, 1:26 pm | Businesswire
Nov. 29 (BusinessDesk) – Axa Asia Pacific Holdings and its parent Axa SA have signed binding transaction documents with rival wealth manager AMP Ltd. to sell its New Zealand and Australian businesses for some A$13.3 billion in cash and scrip. More >>
WEEKLY SPORTS DIGEST: Black Caps miss key batsmen
Monday, 29 November 2010, 1:23 pm | Businesswire
29/11/10 Executive sport summary – An overview of the major sporting events – Results, key moments and talking points – Everything you need to know to foot it at the water cooler this week. More >>
Non-cash tax charge delivers Argosy a $93 million loss
Monday, 29 November 2010, 1:10 pm | Businesswire
Nov. 29 (BusinessDesk) - Argosy Property Trust posted a $93 million first-half net loss, although that reflected a $103.2 million non-cash charge for government tax changes. More >>
SFO launches investigation into Hanover
Monday, 29 November 2010, 11:50 am | Businesswire
Nov. 29 (BusinessDesk) - The Serious Fraud Office has launched an active investigation into Hanover Finance Ltd., after preliminary enquiries found reasonable grounds to "believe that fraud had been committed." More >>
NZ trade deficit smaller than expected on exports of dairy
Monday, 29 November 2010, 11:41 am | Businesswire
Nov. 29 (BusinessDesk) – New Zealand posted a smaller-than-expected trade deficit in October as the nation lifted exports more than expected, led by a surge in shipments of milk powder, butter, cheese and logs. More >>
Stocks to watch: FPA, FBU, MVN, NAP, NZO, TWR
Monday, 29 November 2010, 9:56 am | Businesswire
Nov. 29 (BusinessDesk) – The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified. More >>
NZ dollar drops to month-low as Eurozone woes endure
Monday, 29 November 2010, 9:15 am | Businesswire
Nov. 29 (BusinessDesk) – The New Zealand dropped to a fresh month-low as European sovereign debt woes keep investors preparing for the next country in the region to ask for financial aid. More >>
World Week Ahead: The price is right
Monday, 29 November 2010, 6:07 am | Businesswire
November 29 (BusinessDesk) - American consumers are shopping up a storm as they finally feel enough confidence to spend money in an economy that seems to be on the road to a real recovery. More >>
While you were sleeping: EU defends its currency
Friday, 26 November 2010, 7:31 am | Businesswire
November 26 (BusinessDesk) - Equities in Europe advanced as central bankers there came out in force to reassure investors that the single currency zone wasn’t going to fail. More >>
Dorchester Pacific to buy back 25% of notes
Thursday, 25 November 2010, 6:34 pm | Businesswire
Nov. 25 (BusinessDesk) - Dorchester Pacific Ltd. offered to buy back $5 million, or a quarter of its 5% notes as part of the firm’s capital reconstruction plan. More >>
MARKET CLOSE: NZ stocks fall as TEL, CEN drop, NZO gains
Thursday, 25 November 2010, 6:10 pm | Businesswire
Nov. 25 (BusinessDesk) - New Zealand stocks fell, dragged lower as Telecom Corp. and Contact Energy Ltd. led the bourse lower on a day marked by light volumes ahead of the Thanks Giving holiday in the U.S. More >>
'50 mln-odd tonnes of coal' still in Pike mine: Whittall
Thursday, 25 November 2010, 5:08 pm | Businesswire
Nov. 25 (BusinessDesk) – Pike River Coal Ltd. representatives have allowed themselves to speculate on the commercial future of the mine for the first time since Friday last week, when the first of two massive explosions ripped through mine, leaving ... More >>
Satara-Eastpack merger under review because of Psa outbreak
Thursday, 25 November 2010, 5:04 pm | Businesswire
Nov. 25 (BusinessDesk) – Satara Cooperative Group’s bid to tie itself up with fellow kiwifruit grower Eastpack Ltd. is under review because of the outbreak of the Psa bacteria. More >>
National Property unit holders vote to dump manager
Thursday, 25 November 2010, 4:44 pm | Businesswire
Nov. 25 (BusinessDesk) – More than 99% of National Property Trust’s unit holders voted to turn the trust into a regular company and internalise its management contract at a cost of nearly $20 million. More >>
While you were sleeping: Stocks rise on US data
Thursday, 25 November 2010, 7:39 am | Businesswire
November 25 (BusinessDesk) - Equities on Wall Street and in Europe advanced on signs the U.S. economic recovery was gathering steam, convincing investors that U.S.-dollar-denominated assets were the place to be. More >>
