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Businesswire - Latest News [Page 38]
Strategic wins $2.4M from Henderson over Duff site
Tuesday, 7 September 2010, 12:07 pm | Businesswire
Sept. 7 (BusinessDesk) – Failed lender Strategic Finance Ltd. has won a court ruling ordering Christchurch property developer Dave Henderson to pay almost $2.4 million to cover debt on a property development once owned by author Alan Duff. More >>
NZX trading volume decline eases in August
Tuesday, 7 September 2010, 10:22 am | Businesswire
Sept. 7 (BusinessDesk) – NZX Ltd., the securities market operator, reported a drop in the volume and value of total trades last month, as uncertainty surrounding the global economic recovery kept some investors on the sidelines. More >>
Marac grabs more of the vehicle finance market
Tuesday, 7 September 2010, 9:53 am | Businesswire
Sept. 7 (BusinessDesk) – Marac Finance Ltd., the Pyne Gould Corp.’s finance unit seeking a merger with two building societies, has grabbed more of the automotive finance market, adding Holden to its books. More >>
Stocks to watch: DPC, FBU, HBY, LPC, WSI, PGC, THL
Tuesday, 7 September 2010, 9:18 am | Businesswire
Sept. 7 (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 nears 4-week high on data flow
Tuesday, 7 September 2010, 9:12 am | Businesswire
Sept. 7 (BusinessDesk) – The New Zealand dollar rose near a four-week high as investors stayed optimistic after a strong flow of global data last week, while U.S. markets were closed for Labor Day. More >>
While you were sleeping: Stocks hold on to gains
Tuesday, 7 September 2010, 7:27 am | Businesswire
September 7 (BusinessDesk) - Stocks in Europe gained for the fourth time in five sessions amid further signs that the global economic recovery was on track. More >>
PM wants SCF sold as a going concern
Monday, 6 September 2010, 6:00 pm | Businesswire
PM wants SCF sold as a going concern as receiver calls for bids Sept. 6 (BusinessDesk) – Prime Minister John Key would prefer a sale of failed financier South Canterbury Finance Ltd. in one hit, as a going concern, as the receivers call for expressions ... More >>
MARKET CLOSE: NZ stocks get boost from quake work
Monday, 6 September 2010, 5:54 pm | Businesswire
Sept. 6 (BusinessDesk) – New Zealand stocks rose for their fourth day straight, amid expectations the earthquake in Canterbury will stoke demand for building materials and construction, with Fletcher Building Ltd. and Steel & Tube Holdings pacing ... More >>
Household borrowing on the turn, says Treasury
Monday, 6 September 2010, 3:37 pm | Businesswire
Sept. 6 (BusinessDesk) – Household borrowing is falling faster than new investment in housing, suggesting New Zealanders are starting to get on top of rising debt levels for the first time in a decade, according to Treasury analysis released today. More >>
Quake rebuilding will outweigh short term costs
Monday, 6 September 2010, 3:14 pm | Businesswire
Sept. 6 (BusinessDesk) – The Christchurch earthquake will knock national economic output by between 0.2% and 0.6% in the short term, say Westpac and ASB bank economists respectively. More >>
NZ Dollar Outlook: Kiwi expected to hold firm
Monday, 6 September 2010, 2:07 pm | Businesswire
Sept. 6 (BusinessDesk) – The New Zealand dollar will probably trade in a tight this week as investors lock-in another pause in the Reserve Bank’s tightening track in the fall-out from the 7.1 magnitude Christchurch earthquake. More >>
NZ insurers well-positioned to cope with quake
Monday, 6 September 2010, 1:20 pm | Businesswire
Sept. 9 (BusinessDesk) - New Zealand’s insurers are expected to weather the fallout from the Christchurch earthquake in good shape, thanks to reinsurance and the Earthquake Commission’s contribution. More >>
NZOG buyback to bolster share price
Monday, 6 September 2010, 11:10 am | Businesswire
Sept. 6 (BusinessDesk) - New Zealand Oil & Gas Ltd. is to buy back up to 2.2% of its issued capital, or 8.5 million ordinary shares, to bolster a share price directors say is “significantly below fair value.” More >>
Quake throws lifeline to building industry
Monday, 6 September 2010, 11:04 am | Businesswire
Sept 6 (BusinessDesk) – The 7.1 magnitude pre-dawn earthquake that shattered Christchurch may be the most significant economic disaster in recent history, but it will provide a much-needed lifeline for New Zealand’s beleaguered construction sector. More >>
Quake to push Kiwi bond yields
Monday, 6 September 2010, 10:49 am | Businesswire
by Jonathan Underhill Sept. 6 (BusinessDesk) – New Zealand government bond yields are likely to rise in the wake of the Canterbury earthquake, though the effects are likely to be short-term. More >>
WEEKLY SPORTS DIGEST: Black Ferns, Wallabies rule
Monday, 6 September 2010, 10:47 am | Businesswire
06/09/10 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 >>
NZ dollar largely unscathed on Christchurch quake
Monday, 6 September 2010, 9:54 am | Businesswire
Sept. 6 (BusinessDesk) – The New Zealand dollar pared Friday’s gains after Christchurch was hit by a 7.1 magnitude earthquake on the weekend, having advanced on a stronger-than-expected U.S. employment report. More >>
Stocks to watch: ALF, DNZ, FBU, INS, NZS, NZO, TLS
Monday, 6 September 2010, 9:27 am | Businesswire
Sept. 6 (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 >>
World Week Ahead: Economic hopes revived
Monday, 6 September 2010, 7:00 am | Businesswire
September 6 (BusinessDesk) - Investors are likely to start this week more optimistic than they have been for some time as data shows the economic recovery is intact. More >>
Canterbury quake damage put at $2 bln: Key
Saturday, 4 September 2010, 6:55 pm | Businesswire
Sept. 4 (BusinessDesk) – Damage from Canterbury’s 7.1 magnitude earthquake has provisionally been put at $2 billion, Prime Minister John Key says. The number came from Treasury and Earthquake Commission estimates. Key said while many people will ... More >>
