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Businesswire - Latest News [Page 60]
Stocks to watch: ABA, CEN, NAP, NZS, NZO, NWF, PRC
Wednesday, 28 July 2010, 9:45 am | Businesswire
July 28 (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 falls on weak US consumer confidence
Wednesday, 28 July 2010, 9:31 am | Businesswire
July 28 (BusinessDesk) – The New Zealand dollar fell as weak American consumer confidence eroded investors’ optimism and prompted a sell-off in higher-yielding, or riskier, assets. More >>
While you were sleeping: Mixed messages reign
Wednesday, 28 July 2010, 7:25 am | Businesswire
July 28 (BusinessDesk) - Wall Street was mixed as solid earnings by companies including DuPont Co were offset by a bigger-than-anticipated decline in U.S. consumer confidence and a leading economist’s expectations for a double-dip recession. More >>
IRD among objectors to May Wang creditor offer
Tuesday, 27 July 2010, 11:05 pm | Businesswire
IRD among objectors to May Wang creditor offer July 27 (BusinessDesk) – The Inland Revenue Department has joined another major creditor objecting to the 6 cents in the dollar offer from failed property developer and would-be dairy farm purchaser ... More >>
Abano operating profit meets guidance at $4.4M
Tuesday, 27 July 2010, 6:17 pm | Businesswire
July 27 (BusinessDesk) – Abano Healthcare Group posted full-year operating net profit of $4.4 million, in line with its guidance in March, and held off announcing a share buyback pending the possible sale of an associate company. More >>
MARKET CLOSE: NZ shares fall; TEL, CEN decline
Tuesday, 27 July 2010, 6:02 pm | Businesswire
July 27 (BusinessWire) – New Zealand stocks fell for the second time in six sessions, as declines in Telecom Corp. and Contact Energy Ltd. took the shine off more positive global sentiment for equities ahead of the corporate earnings season. More >>
Billion dollar ironsands IPO in prospect
Tuesday, 27 July 2010, 4:39 pm | Businesswire
by Pattrick Smellie July 27 (BusinessDesk) - Developers of an offshore Taranaki ironsands mining project say it could be greenlighted within the next three years, and require infrastructure costing between $500 million and $1 billion. More >>
Genesis Energy expands Castle Hill wind project
Tuesday, 27 July 2010, 4:16 pm | Businesswire
July 27 (BusinessDesk) - State-owned electricity company Genesis Energy Ltd is proposing a massive 600 Megawatt windfarm development at its northern Wairarapa site, Castle Hill. More >>
WEEKLY SPORTS DIGEST: Wallabies, Warriors, Phoenix
Tuesday, 27 July 2010, 4:02 pm | Businesswire
26/07/10 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 >>
WEEKLY SPORTS DIGEST: Wallabies, Warriors, Phoenix
Tuesday, 27 July 2010, 3:57 pm | Businesswire
26/07/10 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 >>
NZ Super posts 2nd-best return, has more in NZ
Tuesday, 27 July 2010, 3:42 pm | Businesswire
July 27 (BusinessDesk) – The New Zealand Superannuation Fund has ended its second-best year since inception as it boosted local investments to almost a third of funds under management. More >>
NZ Windfarms undershoots prospectus forecast
Tuesday, 27 July 2010, 3:36 pm | Businesswire
July 27 (BusinessDesk) - NZ Windfarms Ltd.'s annual revenue from electricity sales more-than quadrupled to $4.1 million in the year ended June 30b but still fell well short of the $4.7 million forecast in the April prospectus for its $31.4 million ... More >>
Global will avoid double-dip recession: Russell
Tuesday, 27 July 2010, 3:20 pm | Businesswire
July 27 (BusinessDesk) – Global equities investor Russell Investments says the world’s economy will avoid a double-dip recession, with fundamental signs that things are better than the view often presented in the media. More >>
RBNZ to raise OCR to counter galloping inflation
Tuesday, 27 July 2010, 1:09 pm | Businesswire
July 27 (BusinessDesk) - The Reserve Bank of New Zealand will raise interest rates on Thursday to counter galloping inflation expectations which could pose a danger if they trigger faster rising wages and prices, says Matthew Circosta, an economist ... More >>
Hawkins’ Budget Loans fined over 'welcome' fee
Tuesday, 27 July 2010, 10:28 am | Businesswire
July 27 (BusinessDesk) – Allan Hawkins’ Budget Loans Ltd., a subsidiary of Cynotech Holdings that took on the National Finance 2000 Ltd. loan book, has pleaded guilty for misleading investors. More >>
Air NZ’s domestic passenger demand grew in June
Tuesday, 27 July 2010, 10:21 am | Businesswire
July 27 (BusinessDesk) – Air New Zealand, which is offering loyalty card discounts to domestic travellers, said demand within the country climbed last month even as it added capacity. More >>
NZ dollar jumps to 6-mth high on US housing data
Tuesday, 27 July 2010, 9:37 am | Businesswire
July 27 (BusinessDesk) – The New Zealand dollar climbed to a six-month high as a surge in new home sales in the U.S. stoked investors’ appetite for higher-yielding, or riskier, assets. More >>
Stocks to watch: IFT, LME, MHI, NZO, PEB, PLU
Tuesday, 27 July 2010, 9:06 am | Businesswire
July 27 (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 >>
While you were sleeping: FedEx delivers
Tuesday, 27 July 2010, 7:46 am | Businesswire
July 27 (BusinessDesk) - Wall Street advanced as FedEx Corp’s improved earnings forecast and better-than-expected sales of new U.S. single-family homes bolstered optimism about the economic recovery. More >>
L & M Energy to drill in two Taranaki permits
Monday, 26 July 2010, 6:12 pm | Businesswire
by Pattrick Smellie July 26 (BusinessDesk) - L&M Energy Ltd says it plans to drill exploration wells in two Taranaki prospects in 2011 and 2012, as well as pushing ahead on coal seam gas opportunities that underpin a share purchase scheme, which ... More >>
