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Businesswire - Latest News [Page 69]
Kathmandu floater Quadrant buys Media Monitors
Tuesday, 6 July 2010, 10:55 am | Businesswire
July 6 (BusinessDesk) – Quadrant Private Equity, the Australian private investor behind the float of Kathmandu Holdings last year, has bought media intelligence agency Media Monitors Australia Pty. More >>
Podmore says Bluestone deal 'reasonable'
Tuesday, 6 July 2010, 10:53 am | Businesswire
July 6 (BusinessDesk) – Irongate Property Ltd.’s $45 million funding line from Bluestone Group will result in a $10 million-to-$11 million reduction in net debt for the property manager, says executive chairman Kevin Podmore. More >>
Rates rises wrong as economy stalls: NZIER
Tuesday, 6 July 2010, 10:13 am | Businesswire
by Pattrick Smellie July 6 (BusinessDesk) - The Reserve Bank of New Zealand should stop raising interest rates, amid worrying evidence that the economy recovery is stalling, says New Zealand Institute of Economic Research Quarterly Survey of Business ... More >>
Irongate gets $45M from Bluestone to repay bonds
Tuesday, 6 July 2010, 10:03 am | Businesswire
July 6 (BusinessDesk) – Irongate Property Ltd. will borrow $45 million from investors led by Bluestone Group, allowing it to repay bonds coming due this month. More >>
NZ dollar holds below 69 US cts ahead of QSBO, RBA
Tuesday, 6 July 2010, 9:23 am | Businesswire
July 6 (BusinessDesk) – The New Zealand dollar held below 69 U.S. cents for the fourth straight day as weak European equity markets sapped investors’ appetite for higher yields, ahead of the closely watched Quarterly Survey of Business Opinion ... More >>
Stocks to watch: GPG, NEW, NZO, NZX, PRC, PGC, STH
Tuesday, 6 July 2010, 9:18 am | Businesswire
July 6 (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 >>
While you were sleeping: Stocks and oil slip
Tuesday, 6 July 2010, 7:35 am | Businesswire
July 6 (BusinessDesk) - Stocks in Europe, Brazil and Canada fell, as did oil prices, amid increasing signs that economic growth was cooling globally. More >>
MARKET CLOSE: NZ stocks rise; NZX gains
Monday, 5 July 2010, 5:58 pm | Businesswire
July 5 (BusinessDesk) – New Zealand stocks rose for a second day, after 11 straight declines, after China said it is committed to maintaining a steady growth rate. NZX Ltd., Pyne Gould Corp. and Steel & Tube Holdings lead gainers. More >>
Global economic risks worsening: Treasury
Monday, 5 July 2010, 5:51 pm | Businesswire
Global economic risks worsening: Treasury July 5 (BusinessDesk) - The New Zealand economy continues to recover, albeit more slowly than forecast, but the big change since the May Budget is the slide in global economic sentiment, says the Treasury ... More >>
New Image full-year revenue dropped 17%
Monday, 5 July 2010, 5:36 pm | Businesswire
July 5 (BusinessDesk) - New Image Group Ltd., which develops colostrum-based health tonics, said sales dropped 17% last financial year, mainly reflecting the impact of a strong kiwi dollar. It predicts a pick-up in 2011 sales on demand from Asia. More >>
Kerr’s Torchlight raises $150 mln
Monday, 5 July 2010, 5:13 pm | Businesswire
July 5 (BusinessDesk) – Pyne Gould Corp.’s cornerstone investor George Kerr has tapped sophisticated investors for a $150 million war chest seeking opportunities while banks are unwilling to open their credit lines. More >>
NZX says shares undervalued, to buy back 2.9%
Monday, 5 July 2010, 3:47 pm | Businesswire
July 5 (BusinessDesk) – NZX Ltd. plans to buy back 2.9% of its stock by Jan. 31 next year, saying its current share price under-values the company and doesn’t take account of its growth prospects. More >>
NZ Dollar Outlook: Kiwi faces headwinds
Monday, 5 July 2010, 1:28 pm | Businesswire
July 5 (BusinessDesk) – The New Zealand dollar will probably push lower this week amid growing speculation there are prospects for a double-dip recession after weak American labour data. More >>
Tui output forecast at 2.8 million barrels in 2011
Monday, 5 July 2010, 11:28 am | Businesswire
July 5 (BusinessDesk) - Production from the Tui oilfield is expected to be down by two million barrels to 2.8 mmb's in the year to June 30, 2011, 12.5% participant in the field, New Zealand Oil & Gas Ltd., said this morning in an update to the ... More >>
Winter malaise erodes Auckland house sales
Monday, 5 July 2010, 10:44 am | Businesswire
July 5 (BusinessDesk) – Auckland house sales slumped last month as winter malaise set in among buyers amid declining demand in the property market. More >>
Stocks to watch: ATM, MGL, NZO, SKC, TEL, WTL
Monday, 5 July 2010, 9:44 am | Businesswire
July 5 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading last week. All prices are in New Zealand dollars unless specified. More >>
Kiwi falls as US data fuels double-dip fears
Monday, 5 July 2010, 9:31 am | Businesswire
by Paul McBeth July 5 (BusinessDesk) – The New Zealand dollar fell back below 69 U.S. cents after weak labour data stoked fears the global economy is heading for a double-dip recession. More >>
World Week Ahead: Who let the bears out?
Monday, 5 July 2010, 8:23 am | Businesswire
July 5 (BusinessDesk) - There’s a First Nations’ saying in Canada that appears to capture the mood on markets from bonds to equities to currencies to commodities: “When a pine needle falls in the forest, the eagle sees it, the deer hears it and ... More >>
World Week Ahead: Who let the bears out?
Monday, 5 July 2010, 8:11 am | Businesswire
July 5 (BusinessDesk) - There’s a First Nations’ saying in Canada that appears to capture the mood on markets from bonds to equities to currencies to commodities: “When a pine needle falls in the forest, the eagle sees it, the deer hears it and ... More >>
MARKET CLOSE: NZ stocks rise, halts 11-day decline
Friday, 2 July 2010, 5:35 pm | Businesswire
July 2 (BusinessDesk) – New Zealand stocks rose, ending the week in the black after declining for 11 consecutive days, buoyed by Australian markets where corporate tax cuts have pushed the equities into positive territory. New Zealand Refining Co., ... More >>
