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Businesswire - Latest News [Page 7]
MIDDAY UPDATE: NZ trade surplus smaller than expected
Friday, 24 May 2013, 12:10 pm | Businesswire
May 24 (BusinessDesk) – New Zealand’s trade surplus was smaller than economists were picking as a flood of imported petrol more than offset an increasing amount of meat exports. More >>
NZ dollar bounces back from lows after Bernanke overreaction
Friday, 24 May 2013, 8:27 am | Businesswire
May 24 (BusinessDesk) – The New Zealand dollar rebounded from an eight-month low, after failing to break below 80 US cents, as some traders deemed the initial response to Federal Reserve chairman Ben Bernanke’s comments on a possible end to quantitative ... More >>
MARKET CLOSE: NZ shares fall as US, China in focus
Thursday, 23 May 2013, 5:46 pm | Businesswire
May 23 (BusinessDesk) – New Zealand shares fell as the prospect of a winding down of US stimulus and weak Chinese manufacturing weighed on equity markets across Asia. Guinness Peat Group dropped after signalling a delay in its transformation strategy. ... More >>
NZ meat cleared to move from across Chinese wharves
Thursday, 23 May 2013, 5:05 pm | Businesswire
May 23 (BusinessDesk) – New Zealand meat has been cleared to move across Chinese wharves as soon as next week though the administrative logjam has been sheeted home to the Ministry for Primary Industries. More >>
Xero posts $14.4 mln FY loss, doubles revenue
Thursday, 23 May 2013, 3:58 pm | Businesswire
May 23 (BusinessDesk) – Xero, the cloud-based accounting firm, widened its annual loss in line with is guidance while using cash reserves to double revenue and paying customers. More >>
Fronde mulls capital raising for Aust push; FY profit climbs
Thursday, 23 May 2013, 12:59 pm | Businesswire
May 23 (BusinessDesk) - Fronde Systems Group, a Wellington-based software and cloud-based services developer, is considering an equity raising to fund a bigger push into Australia after more than doubling annual profit. More >>
MIDDAY UPDATE: FPH shares jump to 3-year high on earnings
Thursday, 23 May 2013, 12:22 pm | Businesswire
May 23 (BusinessDesk) – Shares in Fisher & Paykel Health jumped to a three-year high after the maker of breathing masks and respirators beat its annual earnings guidance and flagged better times ahead. More >>
F&P Healthcare FY earning beat guidance, sees more gains
Thursday, 23 May 2013, 10:10 am | Businesswire
F&P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 ½ year high More >>
Argosy lifts FY profit after year-earlier charges
Thursday, 23 May 2013, 9:51 am | Businesswire
May 23 (BusinessDesk) – Argosy Property reported a jump in full-year profit after earnings in the previous year were eroded by the costs of internalising its management contract. Net property income fell 1.8 percent. More >>
From the Farm: (Sitting On) The Dock Of The Bay
Thursday, 23 May 2013, 8:15 am | Businesswire
It is barely a month since Chinese Minister of Agriculture Hang Changfu met New Zealand Minister for Primary Industries Nathan Guy in Wellington and signed the “Strategic Plan on Promoting Agricultural Cooperation between New Zealand and China.” More >>
MIDDAY UPDATE: Vodafone keeps losing customers
Wednesday, 22 May 2013, 12:12 pm | Businesswire
May 22 (BusinessDesk) – Vodafone New Zealand has shed customers for a ninth straight quarter in the first three months of the year, and has lost 7.1 percent of its mobile connections over that time. More >>
NZ Post sees no impact on debt on issue from S&P warning
Wednesday, 22 May 2013, 11:39 am | Businesswire
NZ Post sees no impact on debt on issue from S&P lowering rating outlook More >>
NZ inflation expectations fall to lowest since June 1999
Tuesday, 21 May 2013, 3:52 pm | Businesswire
May 21 (BusinessDesk) – New Zealand inflation expectations have fallen to the lowest in 14 years, even as business managers raised their expectations for economic growth, suggesting the central bank won’t have to rush to raise interest rates. More >>
Renaissance posts 1H loss on shrinking margins
Tuesday, 21 May 2013, 12:48 pm | Businesswire
May 21 (BusinessDesk) – Renaissance Corp, the retailer of Apple products and design school operator, turned to a first-half loss on disappointing sales, shrinking margins and an impairment charge at its Yoobee stores. More >>
MIDDAY UPDATE: Kiwis crossing the Tasman in fewer numbers
Tuesday, 21 May 2013, 12:06 pm | Businesswire
May 21 (BusinessDesk) – The number of kiwis quitting New Zealand for better opportunities in Australia have dropped to the fewest in two-and-a-half years. More >>
Central Plains Water shareholders back $56M capital raising
Tuesday, 21 May 2013, 11:28 am | Businesswire
May 21 (BusinessDesk) – Shareholders of Central Plains Water, set up to draw water for irrigation from Canterbury’s Rakaia and Waimakiriri rivers, have indicated their commitment to the equity component of a looming $140 million capital raising. More >>
Sealegs ekes out FY profit, raising prices as volume slips
Tuesday, 21 May 2013, 10:10 am | Businesswire
May 21 (BusinessDesk) – Sealegs Corp, which makes amphibious boats, posted a return to full-year profit after raising prices while sales of its vessels slipped. More >>
NZ stops issuing beef, lamb export certificates to China
Monday, 20 May 2013, 3:54 pm | Businesswire
May 20 (BusinessDesk) – New Zealand has stopped issuing export certificates for beef and lamb bound for China pending resolution of a paperwork glitch that has left frozen product sitting on Chinese wharves. More >>
MIDDAY UPDATE: Independent Liquor buys Mill Liquorsave chain
Monday, 20 May 2013, 12:11 pm | Businesswire
May 20 (BusinessDesk) – Independent Liquor has agreed to buy the Mill Liquorsave bottlestore chain for an undisclosed sum as it looks to head off rivals’ retail outlets it says are blocking its brands. More >>
NZ’s services sector expands at fastest clip in 5 mths
Monday, 20 May 2013, 11:46 am | Businesswire
May 20 (BusinessDesk) – New Zealand’s services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. More >>
