Businesswire - Latest News [Page 29]
Manufacturing going strong
Tuesday, 2 November 2010, 7:33 am | Businesswire
November 2 (BusinessDesk) - Stocks on Wall Street gained as manufacturing data from the U.S., China and India beat expectations, providing optimism about the pace of global economic growth. More >>
SCF receiver report omits recovery estimate
Monday, 1 November 2010, 6:09 pm | Businesswire
Nov. 1 (BusinessDesk) – The receiver for failed lender South Canterbury Finance Ltd. hasn’t given an estimate on the recovery in its first statutory report, which may indicate how deep the financier’s problems had become. More >>
MARKET CLOSE: NZ stocks fall ahead of Fed move
Monday, 1 November 2010, 6:05 pm | Businesswire
Nov. 1 (BusinessDesk) – New Zealand stocks fell for the first time in three sessions, as investors kept their bets to a minimum ahead of a string of major economic announcements this week. APN News & Media Ltd. paced decliners on the bourse, while SkyCity ... More >>
WEEKLY SPORTS DIGEST: Wallabies comeback
Monday, 1 November 2010, 7:58 am | Businesswire
01/11/10 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 >>
World Week Ahead: Finally, the Fed meets
Monday, 1 November 2010, 7:42 am | Businesswire
November 1 (BusinessDesk) - It seems like it’s been months and yet this week investors will find out how much the U.S. central bank will target for future purchases of Treasuries. More >>
While you were sleeping: Caution takes charge
Friday, 29 October 2010, 7:33 am | Businesswire
October 29 (BusinessDesk) - Stocks on Wall Street extended yesterday’s losses, with many investors hesitant to place bets ahead of next week’s Federal Reserve meeting, after 3M Co lowered its profit forecast. More >>
Tower puts Fidelity bid on hold
Thursday, 28 October 2010, 6:06 pm | Businesswire
Oct. 28 (BusinessDesk) – Tower Ltd., the insurer controlled by Guinness Peat Group, has put its hostile takeover bid for rival Fidelity Life Assurance Co. on hold. More >>
MARKET CLOSE: NZ stocks rise on solid ANZ earnings
Thursday, 28 October 2010, 6:04 pm | Businesswire
Oct. 28 (BusinessDesk) – New Zealand stocks rose for the first time in three sessions, lead by Australia & New Zealand Banking Group which posted a strong return to profit growth on a day marked by a lack of direction in the market. More >>
Blue Chip may be ‘moral vacuum’ but not fraud: SFO
Thursday, 28 October 2010, 5:44 pm | Businesswire
Oct. 28 (BusinessDesk) – The Serious Fraud Office has given up pursuing failed property investment group Blue Chip, saying the case fell short of its evidential threshold. More >>
SFO adds Dominion Finance to investigation list
Thursday, 28 October 2010, 5:41 pm | Businesswire
Oct. 28 (BusinessDesk) – The Serious Fraud Office is still in overdrive, adding Dominion Finance Group and its sister company North South Finance Ltd. to a growing caseload. More >>
While you were sleeping: Rethink of Fed stimulus
Thursday, 28 October 2010, 7:47 am | Businesswire
October 28 (BusinessDesk) - Stocks in Europe and the U.S. slid on concern the Federal Reserve would not stimulate the economy as much as previously anticipated. More >>
NZ keeps The Hobbit
Wednesday, 27 October 2010, 10:12 pm | Businesswire
Oct. 27 (BusinessDesk) – Warner Bros has agreed to keep the US$500 million movie project, The Hobbit, in New Zealand in return for a taxpayer sweetener of up to US$15 million and rewrites to a crucial element of employment law. More >>
MARKET CLOSE: NZ stocks mixed; Kathmandu falls
Wednesday, 27 October 2010, 6:18 pm | Businesswire
Oct. 27 (BusinessDesk) – New Zealand stocks were mixed, with Kathmandu Holdings leading decliners amid weaker Australian consumer stocks, and Pike River Coal gaining after its biggest shareholder reiterated its support. More >>
Tourism eclipses NZ dairy exports
Wednesday, 27 October 2010, 5:34 pm | Businesswire
Oct. 27 (BusinessDesk) – A rebound in tourism helped the sector eclipse dairy products as the biggest exporter earner in the year to March 31, according to government figures. More >>
Bank of NZ looks offshore for core capital
Wednesday, 27 October 2010, 4:37 pm | Businesswire
Oct. 27 (BusinessDesk) - Bank of New Zealand, the local unit of National Australia Bank, is likely to look to European investors for its first international ‘covered’ bond issue, plans for which were included in the bank’s profit announcement for ... More >>
NZ business confidence recovers from 15-month low
Wednesday, 27 October 2010, 3:43 pm | Businesswire
Oct. 27 (BusinessDesk) – New Zealand business confidence bounced back from a 15-month low as firms prepare for the start of the export season, though the strong kiwi dollar kept companies downbeat on the prospects for foreign sales. More >>
Five Star Finance director MacDonald pleads guilty
Wednesday, 27 October 2010, 12:18 pm | Businesswire
Oct. 27 (BusinessDesk) – Five Star Consumer Finance director Marcus MacDonald pleaded guilty to criminal charges of theft levelled by the Serious Fraud Office. More >>
Pike River worth the effort, says NZ Oil & Gas
Wednesday, 27 October 2010, 10:19 am | Businesswire
Oct. 27 (BusinessDesk) – Pike River Coal Ltd. remains worth supporting despite repeated delays in getting the underground coal mine up to anticipated production levels, the chairman of New Zealand Oil & Gas Ltd., Tony Radford, told shareholders ... More >>
While you were sleeping: Momentum takes a seat
Wednesday, 27 October 2010, 7:00 am | Businesswire
October 27 (BusinessDesk) - Shares on Wall Street fluctuated as investors welcomed International Business Machines Corp’s US$10 billion boost to its buyback plan but were less impressed with results from U.S. Steep Corp and its peers. More >>
'Two issues' stand between Hobbit and NZ shoot
Tuesday, 26 October 2010, 7:42 pm | Businesswire
Oct. 26 (BusinessDesk) – Two industrial law issues stand between The Hobbit being filmed in New Zealand and relocation to another country, following a meeting today between Prime Minister John Key and senior executives from Warner Bros, the film’s ... More >>