Businesswire - Latest News [Page 28]
While you were sleeping: Stocks and signals mixed
Thursday, 11 November 2010, 7:43 am | Businesswire
November 11 (BusinessDesk) - Equities on Wall Street were mixed as better-than-expected U.S. jobless claims data offset increasing concern about Ireland’s budget problems. More >>
Kiwi Income extends $302.5M of bank facilities
Wednesday, 10 November 2010, 6:06 pm | Businesswire
Nov. 10 (BusinessDesk) – Kiwi Income Property Trust has renewed and extended $302.5 million of bank debt facilities that were due to expire in the first half of 2011. More >>
MARKET CLOSE: NZ stocks near 7-mth high, TEL gains
Wednesday, 10 November 2010, 6:03 pm | Businesswire
Nov. 10 (BusinessDesk) - New Zealand stocks rose to the highest level in almost seven months, with Telecom Corp. dominating trade amid speculation some investors are betting it gains a share of the government’s broadband plan. Fisher & Paykel Healthcare ... More >>
While you were sleeping: Banks ease, gold shines
Wednesday, 10 November 2010, 7:32 am | Businesswire
November 10 (BusinessDesk) - Stocks on Wall Street fell as investors sold financial companies amid concern the Federal Reserve’s quantitative easing might hurt their earnings. Commodities gained, with gold climbing to a record for the fourth consecutive ... More >>
Silver Fern’s merger poll gets low turnout
Tuesday, 9 November 2010, 6:35 pm | Businesswire
Nov. 9 (BusinessDesk) – Silver Fern Farms’ unofficial poll of South Island meat cooperative farmers shows 87% want SFF and Alliance Group to consider a merger but the low response rate undermines the result. More >>
MARKET CLOSE: NZ stocks rise; Telecom advances
Tuesday, 9 November 2010, 6:04 pm | Businesswire
Nov. 9 (BusinessDesk) – New Zealand stocks rose for the first three sessions, outperforming most other Asia Pacific markets as increased risk appetite for kiwi blue chip stocks helped the market shrug off European sovereign debt concerns. Telecom Corp. paced ... More >>
While you were sleeping: Gold shines through
Tuesday, 9 November 2010, 7:28 am | Businesswire
November 9 (BusinessDesk) - Gold rose through the US$1400 an ounce mark for the first time as equities were flat to lower as investors hit pause after five weeks of gains. More >>
Satara trading halt lifted
Monday, 8 November 2010, 8:28 pm | Businesswire
Nov. 8 (BusinessDesk) - Satara Cooperative Group has lifted its trading halt after it suspended its shares ahead of an announcement by MAF Biosecurity that it had quarantined an orchard suspected of having kiwifruit canker. More >>
NZ stocks fall on European sovereign debt concerns
Monday, 8 November 2010, 6:07 pm | Businesswire
Nov. 8 (BusinessDesk) - New Zealand stocks fell for a third session, as risk appetite was dented by concerns that some heavily leveraged countries in Europe may not be able to meet their sovereign debt obligations. Australia & New Zealand Banking ... More >>
While you were sleeping: Stocks, commodities surge
Friday, 5 November 2010, 7:52 am | Businesswire
November 5 (BusinessDesk) - Equities on Wall Street and in Europe climbed as investors gained confidence from the Federal Reserve’s plan to buy US$600 billion of bonds with new money to bolster the pace of economic recovery. Oil and gold jumped as the ... More >>
Receivers tighten noose on Hubbard’s Southbury
Thursday, 4 November 2010, 6:16 pm | Businesswire
Nov. 4 (BusinessDesk) – Southbury Group, the Allan Hubbard investment vehicle, has been sent to the receivers in a bid to secure control of South Canterbury Finance by seizing the parent’s documents. More >>
MARKET CLOSE: NZ stocks fall on Fed’s big spend
Thursday, 4 November 2010, 6:15 pm | Businesswire
MARKET CLOSE: NZ stocks fall on Fed’s big spend, TrustPower paces decliners on earnings slump More >>
Trans-Pacific Partnership a priority, Clinton says
Thursday, 4 November 2010, 5:36 pm | Businesswire
Nov. 4 (BusinessDesk) – Concluding a successful negotiation of the proposed Trans-Pacific Partnership is high on the U.S. agenda, with the world’s biggest economy looking to grow its export market, says U.S. Secretary of State Hillary Clinton. “Our priority ... More >>
While you were sleeping: Fed comes through
Thursday, 4 November 2010, 7:58 am | Businesswire
November 4 (BusinessDesk) - Stocks on Wall Street slipped as the Federal Reserve said it would buy an additional US$600 billion of U.S. Treasuries through June, in an effort to speed up the pace of recovery in the world’s largest economy. More >>
MARKET CLOSE: NZ stocks extend gains; FPA leads
Wednesday, 3 November 2010, 5:53 pm | Businesswire
Nov. 3 (BusinessDesk) - New Zealand stocks extended their gains, with investor sentiment across Asia buoyant ahead of an announcement by the U.S. Federal Reserve on the long-awaited second round of quantitative easing. Fisher & Paykel Appliances Holdings paced ... More >>
MightyRiverPower raises US$200M in US placement
Wednesday, 3 November 2010, 5:39 pm | Businesswire
Nov. 3 (BusinessDesk) – State-owned electricity supplier MightyRiverPower has lengthened the average maturity of its debt book to 7.5 years from 4.9 years following a US$200 million private placement with American institutional investors. More >>
While you were sleeping: Republicans at the door
Wednesday, 3 November 2010, 7:47 am | Businesswire
November 3 (BusinessDesk) - Stocks on Wall Street and in Europe advanced on expectations the Republicans will win control of the U.S. House of Representatives today and that central policy makers will announce plans tomorrow to bolster growth in the world’s ... More >>
MARKET CLOSE: NZ stocks rise to six-month high
Tuesday, 2 November 2010, 5:59 pm | Businesswire
Nov 2. (BusinessDesk) – New Zealand stocks rose to their highest level since April 16, with an increase in investor appetite for local equities on the back of a spate of solid quarterly results season. Goodman Fielder Ltd. paced gainers on the exchange, ... More >>
RBA hikes rates; Australian dollar soars
Tuesday, 2 November 2010, 5:31 pm | Businesswire
Nov. 2 (BusinessDesk) – The Reserve Bank of Australia unexpectedly hiked the target cash rate a quarter-point to 4.75% in a pre-emptive strike against resurgent inflation. The move pushed the Australian dollar up close to parity with the greenback and weakened ... More >>
ASX/SGX tie-up pressures western bourses
Tuesday, 2 November 2010, 4:43 pm | Businesswire
Nov. 2 (BusinessDesk) – Singapore Exchange Ltd.’s A$8.1 billion tilt at ASX Ltd., will up the ante for Western bourses to lift their Asian exposure, Moody’s Investors Service said. The merger, which faces an uphill battle getting regulatory approval ... More >>