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Businesswire - Latest News [Page 54]
Mapp's new ministry to speed commercialisation
Monday, 9 August 2010, 3:29 pm | Businesswire
Aug. 4 (BusinessDesk) – Getting a faster laboratory-to-loot link, and hence a quicker pay-off for New Zealand research and development is a major goal through creating the Ministry of Science and Innovation, according to its minister, Wayne Mapp. More >>
NAB would sell North platform to appease ACCC
Monday, 9 August 2010, 2:42 pm | Businesswire
Aug. 9 (BusinessDesk) – National Australia Bank has offered to sell Axa Asia Pacific’s North investment platform to wealth manager IOOF Holdings to win antitrust regulator approval for its takeover of Axa. More >>
NZ Dollar Outlook: Kiwi may fall on Fed view
Monday, 9 August 2010, 1:16 pm | Businesswire
NZ Dollar Outlook: Kiwi may fall amid talk US will act to stimulate its economy More >>
WEEKLY SPORTS DIGEST: Wallabies show grit
Monday, 9 August 2010, 11:10 am | Businesswire
09/08/10 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 >>
ANZO poaches Goodman executive Pritchard
Monday, 9 August 2010, 10:20 am | Businesswire
Aug. 9 (BusinessDesk) – AMP New Zealand Office Trust has poached Goodman (NZ) Ltd. fund manager Scott Pritchard to head up the property trust as it transforms itself into a listed company. More >>
Goodman NZ lures former executive Murray Barclay
Monday, 9 August 2010, 9:44 am | Businesswire
Aug. 9 (BusinessDesk) – Goodman (NZ) Ltd., the manager of Goodman Property Trust, has lured back former executive Murray Barclay from Europe to take on a senior role. More >>
NZ dollar gains after US economy sheds jobs
Monday, 9 August 2010, 9:22 am | Businesswire
Aug. 9 (BusinessDesk) – The New Zealand dollar gained after the U.S. economy shed more jobs than expected last month, stoking fears of a potential double-dip recession and sapping investors’ appetite for the greenback. More >>
Stocks to watch: ALF, HLG, KMD, KRK, PPL, SAT, TUR
Monday, 9 August 2010, 9:19 am | Businesswire
August 9 (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 >>
World Week Ahead: Where there’s smoke
Monday, 9 August 2010, 7:23 am | Businesswire
August 9 (BuinessDesk) - It’s not getting any easier to place bets on where equities or bonds or currencies for that matter are headed. And don’t expect that to change this week. More >>
NZ property values weaken, sales dip: QV
Monday, 9 August 2010, 12:46 am | Businesswire
August 9 (BusinessDesk) – New Zealand property values continued to weaken last month, with the number of sales sinking to near their lows in 2008, at the height of the recession. More >>
Satara in talks with possible kiwifruit partners
Friday, 6 August 2010, 7:30 pm | Businesswire
August 6 (BusinessDesk) - Satara Co-operative Group, which announced a strategic review yesterday, said it is in merger talks with potential partners in the kiwifruit industry. More >>
Kirkcaldie cuts guidance by 15%, discounts goods
Friday, 6 August 2010, 7:13 pm | Businesswire
August 6 (BusinessDesk) - Kirkcaldie & Stains Ltd., Wellington’s upscale department store, has lowered its full-year profit guidance by 15%, citing unplanned discounting to put its inventory in order. More >>
MARKET CLOSE: NZ shares mixed; Hallenstein jumps
Friday, 6 August 2010, 6:11 pm | Businesswire
August 6 (BusinessDesk) – New Zealand shares were mixed, with retailers dominant. Hallenstein Glasson Holdings led gainers after saying margin recovery lifted its annual earnings. Kathmandu Holdings sank to a record low after disappointing margins. More >>
Allied Nationwide in breach of deed, says Trustee
Friday, 6 August 2010, 5:23 pm | Businesswire
August 6 (BusinessDesk) - Allied Nationwide Finance, the unit of NZX-listed Allied Farmers, is in breach of one of its trust deed financial ratios, says Guardian Trust. More >>
Turners & Growers welcomes ACT bill on kiwifruit
Friday, 6 August 2010, 3:43 pm | Businesswire
August 6 (BusinessDesk) - Turners & Growers Chairman Tony Gibbs says he welcomes a private members bill from the Act Party that would allow owners of kiwifruit variants to export their own fruit. More >>
Hallenstein margin recovery lifts profit; stock up
Friday, 6 August 2010, 1:10 pm | Businesswire
August 6 (BusinessDesk) – Hallenstein Glasson Holdings, the clothing retailer, fattened its margins last year, helping lift profit by as much as 57%. The stock jumped to the highest in more than two years. More >>
RBNZ admits defeat on lender disclosure rules
Friday, 6 August 2010, 12:52 pm | Businesswire
Aug. 6 (BusinessDesk) – The Reserve Bank of New Zealand says its policy of requiring quarterly updates on the financial condition of banks has failed, and it wants suggestions on streamlining lenders’ disclosure obligations. More >>
TelstraClear no backhaul competition for Telecom
Friday, 6 August 2010, 11:32 am | Businesswire
Aug. 6 (BusinessDesk) – TelstraClear Ltd., the local subsidiary of Australia’s Telstra Corp., provides no meaningful competition to Telecom Corp. in the wholesale backhaul market, according to the Commerce Commission. More >>
Financials star in strong U.S. reporting season
Friday, 6 August 2010, 10:48 am | Businesswire
August 6 (BusinessDesk) - A stand-out feature of the June quarter reporting season in the U.S. is how well some companies in the financial sector are faring. More >>
Briscoe Q2 sales hurt by drop in homeware
Friday, 6 August 2010, 10:24 am | Businesswire
Aug. 6 (BusinessDesk) – Briscoe Group said a decline in homeware sales dented revenue in the second quarter though the retailer is on track for earnings growth in the first half. More >>
