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Businesswire - Latest News [Page 56]
SMELLIE SNIFFS THE BREEZE: Worst over for Telecom?
Wednesday, 4 August 2010, 4:47 pm | Businesswire
Aug. 4 (BusinessDesk) - Here's a heretical thought: the great dog of the New Zealand sharemarket, Telecom, may just about be ready to sit up and bark again. More >>
Bills getting paid a bit faster in June quarter
Wednesday, 4 August 2010, 12:30 pm | Businesswire
Aug. 4 (BusinessDesk) - Small businesses remain the most reliable on-time bill-payers, but all firms and even the public sector lifted the game in the three months to June, according to international debt collection agency Dun & Bradstreet. More >>
South Port beats own profit estimate
Wednesday, 4 August 2010, 12:26 pm | Businesswire
Aug. 4 (BusinessDesk) – South Port New Zealand Ltd., the Bluff-based port operator, beat its forecast earnings for the year to the end of June. More >>
Nano-fibres from fish skins power Revolution
Wednesday, 4 August 2010, 11:54 am | Businesswire
Aug. 3 (BusinessDesk) –Not that many companies claim they can turn a kilo of collagen from discarded hoki skins into a fibre that could reach all the way to the Sun. More >>
Auckland house sales still in doldrums
Wednesday, 4 August 2010, 11:43 am | Businesswire
Aug. 4 (BusinessDesk) – Auckland house sales stayed in a slump last month as winter kept the market in a malaise. More >>
Kathmandu slips under forecast, stock slumps 9.8%
Wednesday, 4 August 2010, 10:24 am | Businesswire
Aug. 4 (BusinessDesk) – Kathmandu Holdings, the outdoor and lifestyles retailer, announced a July-year result that saw same store sales slightly down on expectations, but with an EBIT profit exceeding last year’s. More >>
Stocks to Watch: ANZO, Telecom, FRE, RYM
Wednesday, 4 August 2010, 9:59 am | Businesswire
Aug. 4 (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 >>
Joyce accepts recommendation to regulate MTRs
Wednesday, 4 August 2010, 9:43 am | Businesswire
Aug. 4 (BusinessDesk) – Communications Minister Steve Joyce has accepted the Commerce Commission’s recommendation to regulate the prices phone companies charge each other to end a call on their network. More >>
NZ dollar holds above 73 US cts amid subdued data
Wednesday, 4 August 2010, 9:39 am | Businesswire
Aug. 4 (BusinessDesk) – The New Zealand dollar gained marginally against the greenback overnight, faring the same as most major currencies as middling data out of the U.S. signaled an economy struggling to regain traction. More >>
Fonterra milk prices fall to 11-month low
Wednesday, 4 August 2010, 9:19 am | Businesswire
Aug. 4 (BusinessDesk) – The price of whole milk powder sank to an 11-month low on Fonterra Cooperative Group’s monthly online auction as a deteriorating global outlook eroded demand for raw materials. More >>
While you were sleeping: Stocks slump on outlook
Wednesday, 4 August 2010, 7:33 am | Businesswire
August 4 (BusinessDesk) - U.S. equities declined as homes sales, factory orders and consumer spending fell short of expectations, as did earnings by Procter & Gamble Co and Dow Chemical Co. More >>
NZX 50 at six-week high as global fears ease
Tuesday, 3 August 2010, 5:52 pm | Businesswire
Aug. 3 (BusinessDesk) – New Zealand shares hit a six-week high as optimism over the state of the global recovery stoked investors’ appetite for higher yields. More >>
RIS seeks $2 mln to break into Indian market
Tuesday, 3 August 2010, 4:45 pm | Businesswire
RIS seeks $2 mln to break into Indian market Aug. 3 (BusinessDesk) – Payments system software developer RIS Group will tap shareholders for as much as $2.02 million to help fund its plans to launch in the Indian market and grow in Australia. More >>
Renaissance considers equity-raising
Tuesday, 3 August 2010, 4:36 pm | Businesswire
Aug. 3 (BusinessDesk) – Renaissance Corp., the primary local distributor of Apple products, more than doubled its first-half earnings on increased sales, and has flagged the possibility of an equity raising to fund future growth. More >>
New fibre by New Year, says Joyce
Tuesday, 3 August 2010, 2:58 pm | Businesswire
Aug. 3 (BusinessDesk) - Communications Minister Steven Joyce today confirmed the government's timetable for deciding who will roll out fibre-optic cable for ultra-fast broadband services. More >>
Policy advice bonanza goes under the microscope
Tuesday, 3 August 2010, 2:31 pm | Businesswire
Policy advice bonanza goes under the microscope by Pattrick Smellie Aug. 3 (BusinessDesk) - Two of the Rogernomics era's toughest nuts have been appointed to comb through government departments to explain an apparent blow-out in spending on policy advice ... More >>
Fonterra to supplying competitors with raw milk
Tuesday, 3 August 2010, 1:21 pm | Businesswire
Aug. 3 (BusinessDesk) – The regulations requiring dairy giant Fonterra to supply a minimum quantity of raw milk to competing dairy companies are to be extended following government concerns that there would not be sufficient competition to protect the ... More >>
Small enterprises still New Zealand economy’s back
Tuesday, 3 August 2010, 12:59 pm | Businesswire
Aug. 3 (BusinessDesk) – New Zealand may not be a nation of small shop keepers, but with 90% of enterprises having five or fewer employees, it is certainly a place of small and medium enterprises according to the Ministry of Economic Development’s ... More >>
NZ annual wage growth lags inflation
Tuesday, 3 August 2010, 11:40 am | Businesswire
Aug. 3 (BusinessDesk) – New Zealand wage gains are lagging behind rising prices ahead of October’s planned hike to the goods and services tax as the economy emerges at a crawl from its worst recession in 18 years. More >>
AMP NZ Office earnings rise 2.5%, lagging estimate
Tuesday, 3 August 2010, 10:57 am | Businesswire
Aug. 3 (BusinessDesk) – AMP New Zealand Office Trust (ANZO), the property investor looking to transform itself from a listed trust to a listed company, lifted distributable earnings last year, and is still working through its corporatisation process. More >>
