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Businesswire - Latest News [Page 46]
LanzaTech creates plastic from 'smoke'
Tuesday, 24 August 2010, 9:50 am | Businesswire
August 24 (BusinessDesk) – LanzaTech, which uses microbes to ferment industrial waste gases into feedstocks, has created one of the component parts for the manufacture of polymers, plastics and hydrocarbon fuels. More >>
Meridian profit jumps on increased generation
Tuesday, 24 August 2010, 9:35 am | Businesswire
Aug. 24 (BusinessDesk) – Meridian Energy’s underlying earnings rose 29% in the year to June 30 to $251.9 million, reflecting a 13% increase in total generation, thanks to heavy use of hydro-electricity and its new West Wind power station. More >>
Stocks to watch: AIR, ALF, FPA, NZS, TTK, WDT
Tuesday, 24 August 2010, 9:30 am | Businesswire
August 24 (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 vs Australian dollar
Tuesday, 24 August 2010, 9:14 am | Businesswire
Aug. 24 (BusinessDesk) – The New Zealand dollar gained against its Australian counterpart as investors shook off concerns about the Federal election result and sought out higher-yielding, or riskier, assets. More >>
While you were sleeping: Stuck on the sidelines
Tuesday, 24 August 2010, 7:25 am | Businesswire
August 24 (BusinessDesk) - U.S. equities were mixed as takeover activity did little to stem lingering concern about the global economic outlook. More >>
MARKET CLOSE: New Zealand stocks rise; Air NZ up
Monday, 23 August 2010, 6:09 pm | Businesswire
MARKET CLOSE: New Zealand stocks rise; Air NZ up on prospects for domestic routes By Jason Krupp More >>
Whimp scoops up 2.2 mln DNZ shares
Monday, 23 August 2010, 5:57 pm | Businesswire
Aug. 23 (BusinessDesk) - Bernard Whimp, the partner in Carrington Securities who is banned from being a director, has managed to snare 2.2 million shares of DNZ Property Fund Ltd. through a low-ball to investors. More >>
F&P Appliances warns of risk of worsening markets
Monday, 23 August 2010, 4:51 pm | Businesswire
Aug. 23 (BusinessDesk) – Fisher & Paykel Appliances Holdings would struggle to achieve its guidance for full-year earnings if key markets deteriorate, chairman Ralph Waters told shareholders at their annual meeting today. More >>
Farming Systems says third bidder sniffing around
Monday, 23 August 2010, 4:19 pm | Businesswire
Aug. 23 (BusinessDesk) – NZ Farming Systems Uruguay Ltd. told its shareholders not to sell into Olam International or Union Agriculture Group’s takeover offer because it has a potential third suitor which doesn’t want control of the dairy ... More >>
Brookfield to buy rest of 60% of Prime; units soar
Monday, 23 August 2010, 3:50 pm | Businesswire
Aug. 23 (BusinessDesk) – Units of Prime Infrastructure Group, the investment group that emerged from the recapitalisation of Babcock & Brown Infrastructure, soared 21% after its biggest shareholder agreed to buy the remaining 60%. More >>
NZ Dollar Outlook: Kiwi to weaken on Aust drama
Monday, 23 August 2010, 2:26 pm | Businesswire
by Paul McBeth Aug. 23 (BusinessDesk) – The New Zealand dollar may fall below 70 U.S. cents this week as investors wait on the outcome of Australia’s Federal election, which failed to deliver a clear result. More >>
NZ Farming Systems’ loss lessens
Monday, 23 August 2010, 2:06 pm | Businesswire
Aug. 23 (BusinessDesk) – New Zealand Farming Systems Uruguay Ltd., the South American based operator of a kiwi style dairy operation, has reported a lower loss than last year and advised shareholders not to sell to Singapore-based Olam International. More >>
Cullen Fund ramps exposure to global equities
Monday, 23 August 2010, 12:53 pm | Businesswire
Aug. 23 (BusinessDesk) - The New Zealand Superannuation Fund has ramped up its exposure to global equities, and posted a paper profit in July. More >>
Westpac lifts June quarter cash earnings
Monday, 23 August 2010, 11:44 am | Businesswire
Aug. 23 (BusinessDesk) – Westpac Banking Corp.'s cash earnings totalled about A$1.4 billion (NZ$1.76 billion) in the June quarter, the bank says. Last year, it said June quarter cash earnings were about A$1.1 billion. It didn't report net profit ... More >>
NZ dollar rises against Australian dollar
Monday, 23 August 2010, 9:17 am | Businesswire
Aug. 23 (BusinessDesk) – The New Zealand dollar rose against is Australian counterpart and held above 70 U.S. U.S. cents after Australia’s Federal election resulted in no clear winner, creating uncertainty in currency markets. More >>
Loughlin steps down as Allied Farmers chairman
Monday, 23 August 2010, 8:58 am | Businesswire
Aug. 23 (BusinessDesk) – John Loughlin has resigned as chairman of Allied Farmers after its finance unit was placed in receivership. More >>
WEEKLY SPORTS DIGEST: All Blacks fight back
Monday, 23 August 2010, 8:32 am | Businesswire
22/08/10 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: Economic concerns rule
Monday, 23 August 2010, 7:13 am | Businesswire
August 23 (BusinessDesk) - Investors are bracing for another week of key economic data that have left them unable to enjoy the overall better-than-expected earnings this season for fear that the current pace of profit growth is unsustainable in a ... More >>
Equitable Mortgages latest to get downgrade
Friday, 20 August 2010, 7:10 pm | Businesswire
by Paul McBeth Aug. 20 (BusinessDesk) – The Spencer family’s finance unit, Equitable Mortgages Ltd., is the latest in a flurry of credit rating downgrades announced today. More >>
SCF cut deeper into junk; trust deed waiver looms
Friday, 20 August 2010, 6:13 pm | Businesswire
Aug. 20 (BusinessDesk) – South Canterbury Finance Ltd., the embattled financier whose owner Allan Hubbard is under statutory management, has been cut deeper into junk as the deadline looms on its plan to bring in a new investor. More >>
