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Businesswire - Latest News [Page 53]
ASB's FY profit nearly halves due to tax hit
Wednesday, 11 August 2010, 12:07 pm | Businesswire
Aug. 11 (BusinessDesk) - Commonwealth Bank of Australia-owned ASB Bank's bottom line annual profit nearly halved, dragged down by a one-off $209 million additional tax charge from its structured finance transactions. More >>
Fonterra backs milk amid China health scare
Wednesday, 11 August 2010, 12:06 pm | Businesswire
Aug 11 (BusinessDesk) - Fonterra Co-operative Group Ltd., the world’s largest dairy cooperative, is distancing itself from a scandal in China in which one of its downstream customers has been accused of adding hormones to its infant formula after a number ... More >>
NZ holiday parks lead gains in accommodation
Wednesday, 11 August 2010, 11:34 am | Businesswire
Aug. 11 (BusinessDesk) – New Zealand’s holiday parks led gains in June accommodation as more locals travelled around the country. More >>
More projects to be considered as PPPs: English
Wednesday, 11 August 2010, 9:48 am | Businesswire
Aug. 11 (BusinessDesk) – All government infrastructure projects worth more than $25 million will be considered as possible public-private partnerships in a bid to improve the management of the Crown’s $220 billion-plus assets, Finance Minister ... More >>
Stocks to watch: ALF, IFT, LME, NZS, PRC, RAK
Wednesday, 11 August 2010, 9:43 am | Businesswire
August 11 (BusinessWire) – 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 Fed keeps quantitative easing
Wednesday, 11 August 2010, 9:17 am | Businesswire
Aug. 11 (BusinessDesk) – The New Zealand dollar edged up after the Federal Reserve kept its stimulus policy unchanged amid speculation the central bank would ramp up its quantitative easing. More >>
While you were sleeping: Fed details shopping plan
Wednesday, 11 August 2010, 7:30 am | Businesswire
August 11 (BusinessDesk) - Stocks in the U.S. pared their losses and Treasuries surged after the Federal Reserve’s policy committee voted to buy longer-term U.S. government debt in a fresh bid to spur the world’s biggest economy. More >>
MARKET CLOSE: NZ stocks fall; WHS, retailers drop
Tuesday, 10 August 2010, 5:57 pm | Businesswire
Aug 8 (BusinessDesk) – New Zealand stocks fell for the second time in seven sessions, after tepid credit and debit card spending data weighed on Warehouse Group, Pumpkin Patch Ltd., and Hallenstein Glasson Holdings. More >>
New job ads jump by 45% on Seek website
Tuesday, 10 August 2010, 12:39 pm | Businesswire
Aug. 8 (BusinessDesk) - Signs that the labour market is shrugging off the lows of the recession are starting to emerge, with employment website Seek.co.nz reporting that jump in advertising. More >>
Govt tweaks GST legislation to ease changeover
Tuesday, 10 August 2010, 12:20 pm | Businesswire
Aug. 10 (BusinessDesk) - The New Zealand government today released details on the proposed changes to tax legislation that will help businesses make the transition to the increased 15% GST rate. More >>
NZ electronic card spending growth stalls in July
Tuesday, 10 August 2010, 11:10 am | Businesswire
Aug. 10 (BusinessDesk) – New Zealand spending on debit and credit cards stalled last month as expenditure on fuel fell 3.1%. More >>
Olam to tap shareholders if NZS offer succeeds
Tuesday, 10 August 2010, 10:40 am | Businesswire
Aug. 10 (BusinessDesk) – Olam International Ltd. will look to tap shareholders to address New Zealand Farming Systems Uruguay Ltd.’s funding shortfall if the Singapore-based company succeeds in its takeover bid. More >>
McGeoch retires from Telecom board
Tuesday, 10 August 2010, 10:17 am | Businesswire
August 10 (BusinessDesk) - Telecom Corp., New Zealand's largest telephone company, has announced that Rod McGeoch will retire from the board after more than nine years. More >>
Stocks to watch: ALF, FPH, NZS, LME, TEL
Tuesday, 10 August 2010, 9:47 am | Businesswire
August 10 (BusinessWire) – 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 >>
Kiwis can take bite out of Australian apple market
Tuesday, 10 August 2010, 9:24 am | Businesswire
August 9 (BusinessDesk) – Australia’s trade barriers against the import of New Zealand apples based on alleged fire blight risk is spurious, according to the verdict of the World Trade Organisation’s Panel. More >>
NZ dollar slips below 73 US cts ahead of FOMC
Tuesday, 10 August 2010, 9:07 am | Businesswire
Aug. 10 (BusinessDesk) – The New Zealand dollar slipped below 73 U.S. cents as markets prepare for the Federal Reserve’s review of its benchmark interest rate amid speculation America’s central bank will extend its stimulus measures. More >>
Farming Systems disputes points in Olam takeover
Tuesday, 10 August 2010, 9:05 am | Businesswire
August 10 (BusinessDesk) – NZ Farming Systems Uruguay said it disagrees with some assertions made by Olam International and urged shareholders not to sell their stock pending the company’s response to the takeover. More >>
While you were sleeping: Hopeful eyes on Fed
Tuesday, 10 August 2010, 7:33 am | Businesswire
August 10 (BusinessDesk) - Stocks gained, sending the MSCI World Index toward a 12-week high, amid speculation slower jobs growth would prompt the Federal Reserve to shore up the economy. More >>
MARKET CLOSE: NZ stocks rise; Telecom leads
Monday, 9 August 2010, 5:56 pm | Businesswire
MARKET CLOSE: NZ stocks rise, Telecom tips market into the black on fibre plan speculation More >>
Allied Farmers delays capital raising after breach
Monday, 9 August 2010, 5:12 pm | Businesswire
August 9 (BusinessDesk) – Allied Farmers Ltd. put on hold plans to raise $19.3 million after its Allied Nationwide Finance unit breached its trust deed, forcing it to pull its prospectus. More >>
