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Businesswire - Latest News [Page 68]
NZ dollar climbs above 70 cts as US stocks rally
Thursday, 8 July 2010, 9:38 am | Businesswire
July 8 (BusinessDesk) – The New Zealand dollar climbed above 70 U.S. cents for the first time in a week as stocks on Wall Street jumped on an upbeat outlook for U.S. retail sales and a bullish forecast by State Street Corp. More >>
Stocks to watch: APT, AIA, HBY, NZO, PFI, SPT
Thursday, 8 July 2010, 9:32 am | Businesswire
July 8 (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: Optimism renews equities
Thursday, 8 July 2010, 7:06 am | Businesswire
July 8 (BusinessDesk) - Stocks in the U.S. rose as the fastest American retail sales growth in four years firmed optimism about the outlook for economic growth and the outlook for U.S. corporate earnings improved. More >>
MARKET CLOSE: NZ stocks rise; APT, HBY gain
Wednesday, 7 July 2010, 5:56 pm | Businesswire
July 7 (BusinessDesk) – New Zealand stocks rose for their fourth consecutive session, coming off their lowest level since July 2009, lead by property stocks as investors sought holdings in companies with dependable earnings streams amid signs the global ... More >>
Spotless settles long-running dispute
Wednesday, 7 July 2010, 5:39 pm | Businesswire
July 7 (BusinessDesk) - Spotless Group Ltd. has settled a legal dispute over a contaminated site in Melbourne for A$4 million, slashing earnings this year. More >>
Landcorp teams with Wairakei for Crafar bid
Wednesday, 7 July 2010, 3:23 pm | Businesswire
July 7 (BusinessDesk) – Landcorp Farming Ltd., the country’s biggest farmer, has entered into a joint venture with Wairakei Pastoral Ltd. to bid for the Crafar family farms. More >>
Landcorp teams with Wairakei for Crafar bid
Wednesday, 7 July 2010, 3:23 pm | Businesswire
July 7 (BusinessDesk) – Landcorp Farming Ltd., the country’s biggest farmer, has entered into a joint venture with Wairakei Pastoral Ltd. to bid for the Crafar family farms. More >>
Regulator charges Dominion, North South directors
Wednesday, 7 July 2010, 1:24 pm | Businesswire
July 7 (BusinessDesk) – The Securities Commission has accused the directors of failed financier Dominion Finance Group and its sister company North South Finance Ltd. of misleading investors, and has laid criminal charges and civil proceedings ... More >>
Hellaby debt reduction outpaces forecasts
Wednesday, 7 July 2010, 11:37 am | Businesswire
July 7 (BusinessDesk) – Hellaby Holdings Ltd. reduced debt more than forecast in its latest year and said its balance sheet is strong enough to rule out converting capital notes to stock. The company’s shares climbed more than 5%. More >>
SMELLIE SNIFFS THE BREEZE: Shroud-waving
Wednesday, 7 July 2010, 10:49 am | Businesswire
July 6 (BusinessDesk) - For such a smartly dressed, carefully spoken chap, Shamubeel Eaqub from the New Zealand Institute of Economic Research sure knows how to wave a shroud. More >>
NZ dollar pares gain on falling dairy prices
Wednesday, 7 July 2010, 10:33 am | Businesswire
July 7 (BusinessDesk) – The New Zealand dollar fell after dairy prices tumbled 15% in Fonterra’s monthly online auction, paring gains against a U.S. dollar weakened by tepid services data and fears the U.S. recovery in faltering. More >>
Stocks to watch: Auckland Airport, KIP, NZO, PGW
Wednesday, 7 July 2010, 9:38 am | Businesswire
July 7 (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 >>
Fonterra milk powder prices sink 15% in auction
Wednesday, 7 July 2010, 9:17 am | Businesswire
July 7 (BusinessDesk) – The price of whole milk powder sank in Fonterra Cooperative Group’s monthly online auction as the Northern Hemisphere ramped up production amid signs of faltering global economic growth. More >>
Uncertainty for Wall Street
Wednesday, 7 July 2010, 7:46 am | Businesswire
July 7 (BusinessDesk) - Stocks in the U.S. fell, erasing an early rally, on evidence of a slowdown in growth in the U.S. services sector. More >>
MARKET CLOSE: NZ stocks rise, led by Pike River
Tuesday, 6 July 2010, 5:59 pm | Businesswire
July 6 (BusinessDesk) - New Zealand stocks rose for a second straight session, led by Pike River Coal Ltd. as the takeover offer for Australia’s Centennial Coal Co. Prompted investors to rerate the sector, lifting valuations. More >>
Australia central bank keeps key rate unchanged
Tuesday, 6 July 2010, 5:39 pm | Businesswire
July 6 (Bloomberg) – The Reserve Bank of Australia kept its overnight cash target rate unchanged at 4.5%, as expected, and said borrowing costs have returned to their average levels of the past decade, which is appropriate pending more data on demand ... More >>
Innovative companies perform better, survey shows
Tuesday, 6 July 2010, 4:56 pm | Businesswire
July 6 (BusinessDesk) – Innovative New Zealand companies perform better than their non-innovative competitors across a range of business indicators according to a Statistics N.Z. survey and were more likely to have experienced profitability and productivity ... More >>
Auckland Airport lures 4 new property projects
Tuesday, 6 July 2010, 1:35 pm | Businesswire
July 6 (BusinessDesk) – Auckland International Airport Ltd., the country’s business gateway, attracted four new property development projects worth some $29 million last week. More >>
Natural Dairy contracts Fonterra milk
Tuesday, 6 July 2010, 12:51 pm | Businesswire
July 6 (BusinessDesk) – The Hong Kong investment group seeking to buy the Crafar family farms says it already has contracts in place to buy Fonterra milk and manufacture UHT milk for export through a Tauranga-based processor. Natural Dairy (NZ) Holdings ... More >>
NZX trading tumbles in lacklustre June
Tuesday, 6 July 2010, 12:45 pm | Businesswire
July 6 (BusinessDesk) – NZX Ltd., the listed stock market operator, reported a drop in both the value and volume of trading last month, amid signs the domestic economic recovery is running out of puff. More >>
