Businesswire - Latest News [Page 36]
Wellington Airport cleared over taxi tender
Friday, 10 September 2010, 10:48 am | Businesswire
Sept. 10 (BusinessDesk) – Wellington International Airport was unlikely to have breached the Commerce Act by allowing one taxi company to secure the best-positioned rank outside the terminal while all others were shunted across the road, the regulator ... More >>
Olam commits funds for Farming Systems development
Friday, 10 September 2010, 10:34 am | Businesswire
Sept.10 (BusinessDesk) – NZ Farming Systems Uruguay Ltd. says it will use short-term funding from Olam International Ltd. to complete the development of its existing farms as part of the takeover deal. More >>
Ball is in Telecom’s court: Joyce & Crown Fibre
Friday, 10 September 2010, 10:32 am | Businesswire
Sept. 10 (BusinessDesk) – The ball is in Telecom Corp.’s court to accelerate its acceptance as a partner in the government’s $1.5 billion urban ultra-fast broadband roll-out, say Communications Minister Steven Joyce and Crown Fibre Holdings Ltd. ... More >>
Warehouse profit falls 2.3%, dividend raised
Friday, 10 September 2010, 9:57 am | Businesswire
Sept. 10 (BusinessDesk) – Warehouse Group, New Zealand’s biggest listed retailer, posted a 2.3% decline in full-year earnings, before one-time items, on weaker sales of compact disks and DVDs. More >>
NZ dollar pares gain from month-high
Friday, 10 September 2010, 9:19 am | Businesswire
Sept. 10 (BusinessDesk) – The New Zealand dollar pared its gain from a month-high amid concerns European banks may struggle to meet new capital requirements to be discussed at Basel III this weekend. More >>
Stocks to watch: APT, NPX, LPC, PLU, TEL, WHS, WTL
Friday, 10 September 2010, 9:17 am | Businesswire
Sept. 10 (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 >>
While you were sleeping: Positive outlook prevails
Friday, 10 September 2010, 7:39 am | Businesswire
September 10 (BusinessDesk) - Equities in the U.S. gained as a larger-than-expected fall in jobless claims helped underpin a positive outlook for the economic recovery. More >>
Pulse board probes ex-director’s share dealings
Thursday, 9 September 2010, 6:17 pm | Businesswire
Sept. 9 (BusinessDesk) – NZX-listed electricity retailer Pulse Utilities New Zealand Ltd. has frozen trading in 464,000 of its ordinary shares, belonging to a subsidiary controlled by two large shareholders, former director James Martin and Stephen Frewen, ... More >>
MARKET CLOSE: NZ stocks fall as Telecom slips
Thursday, 9 September 2010, 6:06 pm | Businesswire
Sept. 9 (BusinessDesk) – New Zealand shares fell for a second straight day, after Crown Fibre Holdings prioritised three regional deals in its short list for the government funded roll-out of an ultra-fast broadband network, dousing hopes for a Telecom Corp.-led ... More >>
Telecom in limbo after UFB surprise
Thursday, 9 September 2010, 4:35 pm | Businesswire
Sept. 9 (BusinessDesk) – Telecom Corp. withdrew to the bunker this afternoon, cancelling media briefings with chief executive Paul Reynolds as it ponders its first round lock-out from the ultra-fast broadband roll-out today. More >>
Manufacturing output at 11 year low
Thursday, 9 September 2010, 1:53 pm | Businesswire
Sept. 9 (BusinessDesk) – New Zealand manufacturing volumes fell 1.8% during the June quarter, the third consecutive decrease, and the lowest sales volumes since Sept. quarter of 1999, according to Statistics N.Z. figures released today. More >>
ACCC shoots down NAB bid for Axa
Thursday, 9 September 2010, 1:20 pm | Businesswire
Sept 9. (BusinessDesk) - The Australian Competition and Consumer Commission has rejected a proposal by National Australia Bank Ltd. and Axa Asia Pacific Holdings, which would allow the Australian lender to take control of the wealth management rival. More >>
Telecom backing down on UFB stance: Vector
Thursday, 9 September 2010, 12:29 pm | Businesswire
Sept. 9 (BusinessDesk) – Crown Fibre Holdings Ltd.’s short-list of ultra-fast broadband providers is a sign that Telecom cannot expect the whole project to itself, and a spur to local governments to make UFB installation as easy as possible, says ... More >>
NZ construction value hits 18-mth high in June qtr
Thursday, 9 September 2010, 11:35 am | Businesswire
Sept. 9 (BusinessDesk) – The value of New Zealand’s total building work hit an 18-month high in the June quarter as the construction sector bounces back from a slump. More >>
Windflow 2010 loss bigger than estimated at $7.95M
Thursday, 9 September 2010, 11:20 am | Businesswire
Sept. 9 (BusinessDesk) Windflow Technology Ltd., which makes turbines for windfarms, revised up its loss for the year ended June 30 to $7.95 million because of costs of remedial work for customer NZ Windfarms. More >>
Crown Fibre ranks regional UFB plans over Telecom
Thursday, 9 September 2010, 10:43 am | Businesswire
Sept. 9 (BusinessDesk) – Crown Fibre Holdings has prioritised three regional deals in its short list for the government funded roll-out of an ultra-fast broadband network, though Telecom Corp. and the Vector-led New Zealand Regional Fibre Group have made ... More >>
Telecom stock halted for announcement
Thursday, 9 September 2010, 10:10 am | Businesswire
Sept. 9 (BusinessDesk) – Telecom Corp. had its stock halted from trading on the NZX pending an announcement from the company. More >>
Stocks to watch: AFF, LME, LPC, NPX, NZE, NZO, SPY
Thursday, 9 September 2010, 9:26 am | Businesswire
Sept. 9 (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 gains as Europe debt fears ease
Thursday, 9 September 2010, 9:16 am | Businesswire
Sept. 9 (BusinessDesk) – The New Zealand dollar climbed back above 72 U.S. cents as fears about the state of Europe’s sovereign debt eased amid strong demand for Portuguese government bonds, while the Federal Reserve’s Beige Book kept a downbeat ... More >>
While you were sleeping: Optimism returns
Thursday, 9 September 2010, 7:40 am | Businesswire
September 9 (BusinessDesk) - Shares on Wall Street and in Europe rose as strong demand for debt auctions in Europe and the U.S. Federal Reserve’s beige book comments gave rise to renewed optimism the global recovery was on track. More >>