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Businesswire - Latest News [Page 66]
While you were sleeping: Earnings lift spirits
Wednesday, 14 July 2010, 6:56 am | Businesswire
July 14 (BusinessDesk) - Alcoa Inc’s expectations of growing global demand bolstered commodities and equity markets in the U.S. and Europe. More >>
Todd loses High Court stoush over Pohokura field
Tuesday, 13 July 2010, 9:46 pm | Businesswire
July 13 (BusinessDesk) - Multi-national oil companies Shell and OMV have prevailed in a High Court action brought against them by Todd Energy, alleging they colluded to limit output from the Pohokura gas field to the detriment of Todd and New Zealand ... More >>
Statutory manager freezes another Hubbard company
Tuesday, 13 July 2010, 6:09 pm | Businesswire
July 13 (BusinessDesk) – The government-appointed statutory manager over Timaru millionaire Allan Hubbard and part of his empire has frozen the assets of another investment vehicle, saying it has “added another complexity” to the investigation. More >>
MARKET CLOSE: NZ stocks fall; Wrightson, NZS drop
Tuesday, 13 July 2010, 5:58 pm | Businesswire
MARKET CLOSE: NZ stocks fall as U.S. earnings season gets underway; PGW, NZS fall More >>
Natural Dairy confident of winning bid for Crafar
Tuesday, 13 July 2010, 2:57 pm | Businesswire
July 13 (BusinessDesk) – Natural Dairy (NZ) Holdings, the Hong Kong-listed investment company, is confident its conditional agreement to buy the Crafar family farms will get the nod from the receivers. More >>
Greenstone Energy mulls $100M bond sale
Tuesday, 13 July 2010, 2:50 pm | Businesswire
July 13 (BusinessDesk) – Greenstone Energy, the relatively new owners of Shell’s New Zealand retail and distribution assets, is considering a retail bond issue to raise as much as $100 million. More >>
NZ food prices post largest annual drop since 1957
Tuesday, 13 July 2010, 2:07 pm | Businesswire
NZ food prices post largest annual decline since 1957 on fruit, vegetables, meat and groceries More >>
Landcorp’s Crafar farms bid falls short
Tuesday, 13 July 2010, 12:50 pm | Businesswire
July 13 (BusinessDesk) – State-owned Landcorp Farming Ltd. is out of the running to purchase the 16 Crafar family dairy farms that are in receivership, after KordaMentha announced it was not one of the preferred tenders in bids that closed last Wednesday. More >>
LanzaTech raises US$18M for waste gas conversion
Tuesday, 13 July 2010, 11:13 am | Businesswire
July 13 (BusinessDesk) – LanzaTech, the Auckland-based company specialising in converting industrial waste gases into fuels and chemicals, obtained a second round of venture capital funding which will enable it to further commercialise its technologies. More >>
Diligent posts 66% jump in second-quarter sales
Tuesday, 13 July 2010, 11:00 am | Businesswire
July 13 (BusinessDesk) - Diligent Board Member Services, a start-up software company, said second-quarter sales jumped 66% to US$1.92 million in what is traditionally a slow period. More >>
APN’s Hopkins to step down after 8 years as CEO
Tuesday, 13 July 2010, 9:56 am | Businesswire
July 13 (BusinessDesk) - APN News & Media chief executive Brendan Hopkins will leave his post in December after having held his job since August 2002. More >>
NZ dollar holds above 71 US cts
Tuesday, 13 July 2010, 9:45 am | Businesswire
July 13 (BusinessDesk) – The New Zealand dollar held above 71 U.S. cents as Wall Street’s second-quarter earnings kicked off with aluminium manufacturer Alcoa Inc. beating expectations. More >>
Stocks to watch: AIA, APN, OGC, PPP, RBD, SPY, TEL
Tuesday, 13 July 2010, 9:43 am | Businesswire
July 13 (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 inflation probably held at tepid level in 2Q
Tuesday, 13 July 2010, 8:06 am | Businesswire
July 13 (BusinessDesk) – New Zealand inflation probably didn’t flare enough in the second quarter to unsettle the Reserve Bank though the arrival of government policy-induced charges this month is set to stoke prices in coming months. More >>
MARKET CLOSE: NZ stocks rise; Telecom up on AAPT
Monday, 12 July 2010, 5:57 pm | Businesswire
July 9 (BusinessDesk) – New Zealand stocks rose for their seventh straight day, as the positive momentum from global markets last week and optimism about the earnings season helped lift equity markets in Asia. Telecom Corp. shares rose amid reports ... More >>
OceanaGold jumps on additional Frasers resource
Monday, 12 July 2010, 2:30 pm | Businesswire
July 12 (BusinessDesk) - OceanaGold Corp. has confirmed discovery of significant additional gold reserves in the Panel 2 Deeps area of the Frasers underground mine, in Otago. More >>
NZ Dollar Outlook: Kiwi seen little changed
Monday, 12 July 2010, 2:03 pm | Businesswire
July 12 (BusinessDesk) – The New Zealand dollar may be little changed over the next five days after a 3.2% surge last week took it above 71 U.S. cents for the first time in a fortnight as investors await the second-quarter earnings season in the ... More >>
Motels hit by fall in domestic tourism
Monday, 12 July 2010, 12:41 pm | Businesswire
Motels hit by fall in domestic tourism July 12 (BusinessDesk) - Stays in tourism accommodation in May fell 6% from a year earlier to 1.9 million guest nights, fueled by a sharp 10% downturn in domestic demand. More >>
NZ posts smaller deficit, lifts provision
Monday, 12 July 2010, 11:29 am | Businesswire
July 12 (BusinessDesk) – New Zealand’s operating deficit was smaller than forecast in the 11 months through May 31 as the government took in more tax and spent less than expected. The variations were mainly timing issues that the Treasury expects ... More >>
NZ dollar climbs above 71 cts before US earnings
Monday, 12 July 2010, 9:40 am | Businesswire
NZ dollar climbs above 71 US cts as Wall Street gains ahead of earnings season More >>
