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Businesswire - Latest News [Page 39]
MARKET CLOSE: NZ stocks rise with offshore markets
Friday, 3 September 2010, 5:58 pm | Businesswire
MARKET CLOSE: NZ stocks rise on upbeat offshore markets; Pyne Gould, NZX, Wrightson lead gains More >>
Talley target Open Country Dairy disappoints Olam
Friday, 3 September 2010, 3:18 pm | Businesswire
Sept. 3 (BusinessDesk) - A presumed jewel in the Affco Ltd crown, Open Country Dairy Ltd., failed to perform to expectations in the last financial year, says Singaporean food and commodities group, Olam International. More >>
Fines upheld against 'dirty dairy' farmer
Friday, 3 September 2010, 12:11 pm | Businesswire
Sept. 3 (BusinessDesk) – A Manawatu farmer and businessman has failed to overturn record fines and costs imposed for waste water and effluent discharges which found their way into local river systems. More >>
Just Water earnings come up dry
Friday, 3 September 2010, 12:05 pm | Businesswire
Sept. 3 (BusinessDesk) - Just Water International Ltd., the listed water cooler supplier with operations in New Zealand and Australia, posted a full-year loss amid soft earnings as it took its Australian business off the books in preparation to sell it. More >>
Allied Farmers CEO follows chairman out the door
Friday, 3 September 2010, 11:45 am | Businesswire
by Jonathan Underhill Sept. 3 (BusinessDesk) – Allied Farmers Ltd. chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership, and whose bloated share registry reflects its exposure to ... More >>
Widespread moving fast on Chatham Rise phosphate
Friday, 3 September 2010, 11:06 am | Businesswire
by Jason Krupp Sept. 2 (BusinessDesk) – Widespread Energy Ltd. says it expects to report back early to the Crown Minerals Unit of the Ministry of Economic Development, as its project to mine undersea deposits of rock phosphate off the coast of Christchurch. More >>
NZX clearinghouse passes regulatory milestone
Friday, 3 September 2010, 10:51 am | Businesswire
Sept. 3 (BusinessDesk) – NZX Ltd.’s new clearing and settlement system has passed a crucial regulatory milestone ahead of going live this month, gaining “designated” status by the Reserve Bank of New Zealand and Securities Commission today. More >>
Stocks to watch: BFW, FPH, NPX, NZS, NZO, NZX, PGC
Friday, 3 September 2010, 9:32 am | Businesswire
Sept. 3 (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 holds gains before US payrolls
Friday, 3 September 2010, 9:17 am | Businesswire
Sept. 3 (BusinessDesk) – The New Zealand dollar held on to yesterday’s gains as solid U.S. data helped keep investors upbeat ahead of today’s American employment data. More >>
While you were sleeping: Outlook a bit brighter
Friday, 3 September 2010, 7:04 am | Businesswire
September 3 (BusinessDesk) - Stocks in Europe and on Wall Street held their ground as an unexpected gain in pending home sales, a decline in claims for jobless benefits and better-than-expected retail sales eased concerns about U.S. economic outlook. More >>
New Plymouth District seeks rest of Tasman Farms
Thursday, 2 September 2010, 6:03 pm | Businesswire
Sept. 2 (BusinessDesk) - New Plymouth District Council is offering to acquire the shares in Tasman Farms Ltd. that it doesn’t already own as the operator of dairy farms in Tasmania prepares to delist from the Unlisted platform. More >>
MARKET CLOSE: NZ shares rise with global sentiment
Thursday, 2 September 2010, 5:54 pm | Businesswire
MARKET CLOSE: NZ stock rose buoyed by offshore sentiment; ING, FPH and APN lead gains More >>
Big Three womens’ mag publishers become Big Two
Thursday, 2 September 2010, 4:00 pm | Businesswire
Sept. 1 (BusinessDesk) – Australian-owned rivals APN News & Media Ltd. and ACP Media Ltd. have become virtually equal forces in the battle for the woman’s magazine reader, after another Aussie publisher, Pacific Magazines, sold its key ... More >>
Farming Systems recommends Olam’s 70c/share offer
Thursday, 2 September 2010, 3:11 pm | Businesswire
Sept. 2 (BusinessDesk) – NZ Farming Systems Uruguay Ltd.’s directors have recommended Olam International Ltd.’s takeover bid, which values the dairy farm developer at $171 million. More >>
PGC's Perpetual in talks to buy ASB WRAP platform
Thursday, 2 September 2010, 3:05 pm | Businesswire
Sept. 2 (BusinessDesk) – Pyne Gould Corp.’s Perpetual Group is in talks to acquire ASB Bank’s Aegis WRAP platform. No price was given in their statement. More >>
Fonterra hires NZX to design share platform
Thursday, 2 September 2010, 2:39 pm | Businesswire
Sept. 2 (BusinessDesk) – Fonterra Cooperative Group hire securities market operator NZX Ltd. to help design a platform for shareholders of the world’s biggest dairy exporter to trade stock amongst themselves. More >>
High Court throws out Bridgecorp chairman’s appeal
Thursday, 2 September 2010, 1:08 pm | Businesswire
Sept. 2 (BusinessDesk) –The High Court in Wellington threw out an appeal by Bruce Davidson, the former chairman of failed finance company Bridgecorp, to have his directorship ban lifted. More >>
NZ regulator files suit against freight forwarders
Thursday, 2 September 2010, 11:01 am | Businesswire
Sept. 2 (BusinessDesk) - The Commerce Commission has filed proceedings in the High Court in Auckland against a number of multi-national freight forwarding companies alleging price collusion. More >>
Pyne Gould confirms repayment of Torchlight loan
Thursday, 2 September 2010, 10:35 am | Businesswire
Sept. 2 (BusinessDesk) – Pyne Gould Corp. confirmed that a $100 million loan to South Canterbury Finance has been repaid following the finance company’s collapse into receivership. More >>
NZ dollar rises over 71 cts after Fonterra auction
Thursday, 2 September 2010, 9:44 am | Businesswire
NZ dollar climbs over 71 US cts as Fonterra milk prices surge; US data improves More >>
