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Businesswire - Latest News [Page 73]
Cue sells interest in PNG's Kimu field for US$5.1M
Monday, 28 June 2010, 10:54 am | Businesswire
June 28 (BusinessWire) - Dual-listed oil and gas company Cue Energy Resources Ltd. has sold its 10.72% interest in the Papua New Guinean PRL8 licence area, which includes the Kimu gas field. More >>
Boyd confirms commitment to Telecom
Monday, 28 June 2010, 10:51 am | Businesswire
June 28 (BusinessWire) – Wayne Boyd, who has been chairman of Telecom Corp. since July 2006, said he remains committed to the phone company until it has completed its restructuring to participate in the government’s broadband rollout. More >>
NZ dollar rises to 6-week high on economic outlook
Monday, 28 June 2010, 9:40 am | Businesswire
June 28 (BusinessWire) – The New Zealand dollar touched a six-week high above 71.50 U.S. cents as the local economic recovery attracts support from investors, amid downbeat American data. More >>
Stocks to watch: ALF, FRE, GPG, NZO, NZS, PGC, TWR
Monday, 28 June 2010, 9:18 am | Businesswire
June 28 (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 >>
World Week Ahead: Sober second-half outlook
Monday, 28 June 2010, 7:46 am | Businesswire
June 28 (BusinessWire) - Investors are preparing for the start of the second half of 2010 with some apprehension. More >>
MARKET CLOSE: NZ stocks fall; ANZ, Westpac drop
Friday, 25 June 2010, 5:51 pm | Businesswire
June 25 (BusinessWire) - New Zealand stocks fell for a second straight day, tracking Australian equities lower with banking stocks pacing declines on the uncertainty of how government will plug its tax income gap to make up for the likely watering ... More >>
Allied Farmers still negotiating banking terms
Friday, 25 June 2010, 5:34 pm | Businesswire
June 25 (BusinessWire) – Allied Farmers Ltd., the financier that took on the Hanover and United loan books in a debt-for-equity swap, is still negotiating its banking facilities for the next financial year. More >>
PGC stumps up $15 mln in South Canterbury facility
Friday, 25 June 2010, 5:16 pm | Businesswire
June 25 (BusinessWire) – Pyne Gould Corp., the listed financial services company, stumped up $15 million of the $100 million Torchlight facility extended to embattled financier South Canterbury Finance Ltd. through PGC’s asset management unit. More >>
Tower wins right to insure ANZ wealth customers
Friday, 25 June 2010, 3:28 pm | Businesswire
June 25 (BusinessWire) – Tower Ltd. won Court of Appeal backing to renew policies sold through ANZ and National banks after the two parties fell out with the lenders wanting to transact with another policy writer. More >>
Gibbs puts up new plan after GPG demerger panned
Friday, 25 June 2010, 1:38 pm | Businesswire
June 25 (BusinessWire) – Guinness Peat Group’s Tony Gibbs has heeded the calls of local investors and backed away from a proposal to carve out the Australian assets into a separate listed entity. More >>
NZ exports rise to record $4.2B in May
Friday, 25 June 2010, 12:09 pm | Businesswire
June 25 (BusinessWire) – New Zealand’s exports rose to a record in May, led by dairy products, crude oil and forest products, contributing to the nation’s fifth straight monthly trade surplus. More >>
New NZ code for financial advisers due in July
Friday, 25 June 2010, 11:04 am | Businesswire
June 25 (BusinessWire) - A swift final consultation round will get under way next week as the Code Committee for Financial Advisers releases last discussion points following this week's passage of late changes to the Financial Advisers Act. More >>
NZ may face shortage of 10,000 homes: Westpac
Friday, 25 June 2010, 10:54 am | Businesswire
June 25 (BusinessWire) – New residential housing construction has already picked up over the first half of 2010 and is predicted to lift by 23% in 2011 as New Zealand’s housing shortage continues, according to Westpac Banking Corp. More >>
Stocks to watch: AIR, FBU, LME, NAP, SPY
Friday, 25 June 2010, 9:44 am | Businesswire
June 25 (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 nears month-high vs AUD
Friday, 25 June 2010, 9:35 am | Businesswire
June 25 (BusinessWire) – The New Zealand dollar neared a one-month high against its Australian counterpart after Prime Minister Kevin Rudd was rolled by his deputy Julia Gillard in a leadership coup, raising the prospect of an early election across ... More >>
While you were sleeping: Equities lose their way
Friday, 25 June 2010, 8:07 am | Businesswire
June 25 (Business Wire) - Rising concerns about the global economic outlook, heightening divisions among the G20 and the shock exit of Italy from the World Cup did little to inspire investors overnight. More >>
Gillard-led Australian Govt may trim mining tax
Thursday, 24 June 2010, 6:15 pm | Businesswire
June 24 (BusinessWire) – Julia Gillard, Australia’s new prime minister, will seek to engage with the mining industry over the 40% Resource Super Profits Tax (RSPT) and may negotiate a ‘watered down’ version after the coup that ousted Kevin Rudd. More >>
MARKET CLOSE: NZ stocks fall, Fletcher declines
Thursday, 24 June 2010, 5:56 pm | Businesswire
June 24 (BusinessWire) – New Zealand stocks fell, extending the NZX 50 Index’s decline from the month-high it reached three days ago after government figures confirmed the economy is growing at a more tepid pace. Fletcher Building Ltd., the biggest ... More >>
Times slightly riper for selling up: ASB survey
Thursday, 24 June 2010, 5:09 pm | Businesswire
June 24 (BusinessWire) - Profit is king again for business valuation, according to polling for ASB Bank among business owners looking to sell, replacing "customer base" as the most important factor for valuation. More >>
Regulators better be right over Hubbard: McDouall
Thursday, 24 June 2010, 3:21 pm | Businesswire
June 24 (BusinessWire) - Heads should roll at the Securities Commission if the severity of its action relating to South Canterbury Finance founder Allan Hubbard proves to be unwarranted, says John Kidd, the head of research at broking firm McDouall Stuart. More >>
