Businesswire - Latest News [Page 63]
Stocks to watch: AFF, ALF,CBS, NZS, TEL
Wednesday, 21 July 2010, 9:46 am | Businesswire
July 21 (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 follows Aust dollar higher
Wednesday, 21 July 2010, 9:23 am | Businesswire
July 21 (BusinessDesk) – The New Zealand dollar followed its Australian counterpart higher as minutes from the Reserve Bank of Australia’s July meeting gave a more upbeat outlook for the nation’s biggest export market. The RBA is still positive ... More >>
While you where sleeping: U.S. stocks advance
Wednesday, 21 July 2010, 8:05 am | Businesswire
July 21 (BusinessDesk) - U.S. equities rose, recovering from earlier losses, as an increase in building permits bolstered homebuilders and commodity producers. More >>
MARKET CLOSE: NZ stocks snap 3-day slide; NZO up
Tuesday, 20 July 2010, 6:02 pm | Businesswire
July 20 (BusinessDesk) – New Zealand stocks snapped a three-day slide, led by NZ Oil & Gas, amid speculation keenly awaited results of stress tests for European banks this week will alleviate global fears of contagion from the region’s debt ... More >>
Talley’s launches full takeover for AFFCO
Tuesday, 20 July 2010, 5:36 pm | Businesswire
July 20 (BusinessDesk) – Nelson-based conglomerate Talley’s Group Ltd this evening launched a full takeover bid for the remaining 23.7% of AFFCO Holdings Ltd that it doesn’t already own, offering shareholders the current trading price of 37 cents ... More >>
RBA to closely watch European bank stress tests
Tuesday, 20 July 2010, 5:20 pm | Businesswire
July 20 (BusinessDesk) – The Reserve Bank of Australia will be closely watching the results of European bank stress tests due at the end of this week, saying it has potential for “significant impact” on financial markets and global confidence. More >>
SMELLIE SNIFFS THE BREEZE: Brownlee’s lament
Tuesday, 20 July 2010, 4:55 pm | Businesswire
July 20 (BusinessDesk) – Resources Minister Gerry Brownlee cut a lonely figure in the Bellamy’s lunchroom at Parliament this morning. More >>
Allied Farmers gains further debt extension
Tuesday, 20 July 2010, 3:46 pm | Businesswire
July 20 (BusinessDesk) – Allied Farmers Ltd. gained a six-month extension of its loan facility with Westpac Banking Corp., giving the finance company more time to repay debt and restructure its business. More >>
Kiwis may get second shot to invest in Synlait
Tuesday, 20 July 2010, 11:34 am | Businesswire
July 20 (BusinessDesk) – Kiwi investors who spurned the chance to buy shares in Synlait Ltd.’s milk processing unit last year may get another shot at buying into the business, with its new Chinese partner supportive of a float in the next five ... More >>
Charlie’s turns profitable on Australian sales
Tuesday, 20 July 2010, 10:55 am | Businesswire
July 20 (BusinessDesk) – Charlie’s Group, the juice-maker formed by Stefan’s Orange Juice founder Stefan Lepionka and entertainer Marc Ellis, says strong growth in Australia turned it profitable this year. More >>
Total backdown on Schedule 4 mining
Tuesday, 20 July 2010, 10:42 am | Businesswire
July 20 (BusinessDesk) - Resources Minister Gerry Brownlee's dream of opening up some of the country's most sensitive lands to mining is in tatters, with the withdrawal this morning of prospecting and mining proposals over 7000 hectares of highly protected ... More >>
Stocks to watch: AMP, CHA, HBY, NZS, NZO, PRC, RNS
Tuesday, 20 July 2010, 9:49 am | Businesswire
July 20 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading in the last session. All prices are in New Zealand dollars unless specified. More >>
NZ dollar slips amid Ireland rating cut, earnings
Tuesday, 20 July 2010, 9:35 am | Businesswire
July 20 (BusinessDesk) – The New Zealand edged lower as European stocks declined on Ireland’s sovereign credit rating cut, while solid earnings in the U.S. offset weak American housing data. More >>
While You Where Sleeping: U.S. earnings appeal
Tuesday, 20 July 2010, 7:45 am | Businesswire
July 20 (BusinessDesk) - Stocks in the U.S. advanced as better-than-anticipated earnings outweighed a decline in homebuilder confidence. More >>
MARKET CLOSE: NZ stocks fall in third straight day
Monday, 19 July 2010, 5:57 pm | Businesswire
MARKET CLOSE: NZ stocks fall in third straight day as global fears sap upbeat sentiment More >>
NAB gains more time to tweak Axa AP offer
Monday, 19 July 2010, 3:26 pm | Businesswire
July 19 (BusinessDesk) – National Australia Bank won more time to try to meet Australian antitrust concerns about its proposed takeover of Axa Asia Pacific Holdings Ltd. More >>
NZ Dollar Outlook: Kiwi may weaken further
Monday, 19 July 2010, 1:01 pm | Businesswire
July 19 (BusinessDesk) – The New Zealand dollar may fall this week, taking its lead from global equity markets that have punished companies reporting anything other than superlative earnings amid fears global economic growth may dissipate. More >>
Kahu-1 well disappoints, NZ Oil & Gas shares fall
Monday, 19 July 2010, 12:34 pm | Businesswire
Kahu-1 well disappoints, NZ Oil & Gas shares fall July 19 (BusinessDesk) - The second exploration well of a two-well programme in the highly prospective Tui oil and gas zone has come up without finding significant evidence of hydrocarbons, 12.5% ... More >>
NZ services sectors grow gradually
Monday, 19 July 2010, 12:26 pm | Businesswire
July 19 (BusinessDesk) – A June survey of the service sector supports other statistical data, revealing a very much ‘steady as she goes’ gradual improvement to New Zealand’s economy, according to Bank of New Zealand economists. More >>
China’s Bright Food enters JV with Synlait
Monday, 19 July 2010, 12:19 pm | Businesswire
China’s Bright Food buys half of Synlait’s milk processing arm for $82 mln More >>