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Businesswire - Latest News [Page 77]
Rio Tinto facing higher Bluff port charges
Friday, 18 June 2010, 10:09 am | Businesswire
by Jonathan Underhill June 18 (BusinessWire) – Bluff aluminium smelter operator Rio Tinto looks likely to face higher annual charges to South Port New Zealand Ltd., following an interim decision by the arbitrator in its dispute with NZ Aluminium ... More >>
Stocks to watch: CEN, GFF, GPG, HED, TLS, TEL
Friday, 18 June 2010, 9:45 am | Businesswire
June 18 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading on Friday. All prices are in New Zealand dollars unless specified. More >>
NZ dollar climbs above 70.50 US cents
Friday, 18 June 2010, 9:36 am | Businesswire
NZ dollar climbs above 70.50 US cents to month-high after Spanish bond sale More >>
Telecom to refund customers misled by broadband ad
Friday, 18 June 2010, 9:34 am | Businesswire
June 18 (BusinessWire) – Telecom Corp., the biggest phone company on the NZX 50 Index, will refund 1,300 customers who may have been misled by a broadband promotion in 2008 after an investigation by the Commerce Commission. More >>
While you were sleeping: Doubt on US economy
Friday, 18 June 2010, 7:49 am | Businesswire
June 18 (Business Wire) - Stocks in the U.S. fell as a gain in jobless claims and slower growth in manufacturing reignited concern about the recovery in the world’s largest economy. More >>
MARKET CLOSE: NZ stocks fall on global jitters
Thursday, 17 June 2010, 6:04 pm | Businesswire
June 17 (BusinessWire) – New Zealand stocks fell, snapping a six day advance, as the market took its lead from the U.S. which ended on a mixed note after the release of weak housing market data. The NZX 50 dropped 20.85 points, or 0.68%, to 3052.73. ... More >>
NZ consumer confidence weakens, stays positive
Thursday, 17 June 2010, 3:44 pm | Businesswire
June 17 (BusinessWire) – New Zealand consumer confidence fell this month, while remaining positive, with more people saying it’s a good time to buy a major household item, according to the ANZ-Roy Morgan Consumer Confidence poll. More >>
Marlborough Lines close to 10% target in Horizon
Thursday, 17 June 2010, 3:39 pm | Businesswire
June 17 (BusinessWire) - Marlborough Lines Ltd.'s stand in the market for up to 10.1% of the shares of Horizon Energy Distribution Ltd. is close to reaching its goal, with the company declaring this afternoon it holds 9.24% of the company. More >>
ASB breaks ranks and leads mortgage rates up
Thursday, 17 June 2010, 2:44 pm | Businesswire
June 17 (BusinessWire) – ASB Bank became the first bank to lift lending rates after last week’s quarter-point increase in official cash rate, in a move that will capture most borrowers. More >>
NZ Super Fund stumbles in May
Thursday, 17 June 2010, 1:18 pm | Businesswire
by Paul McBeth June 17 (BusinessWire) – The New Zealand Superannuation Fund made a paper loss of $844.9 million, or 4.8%, last month, when global markets got the jitters over Europe’s sovereign debt crisis. More >>
NZX backs partial privatisation call
Thursday, 17 June 2010, 1:15 pm | Businesswire
June 17 (BusinessWire) - Partial privatisation of state-owned enterprises, an unwillingness to allow local opportunities to go offshore, and a compulsory superannuation savings scheme would all contribute to the health of New Zealand's capital markets, NZX Ltd. ... More >>
NZ dollar may pare gains from month-high
Thursday, 17 June 2010, 10:10 am | Businesswire
June 17 (BusinessWire) – The New Zealand dollar, little changed today, may pare its gains against the greenback after economic data painted a mixed picture of the U.S. economy and speculation swirled about a bail-out package for debt-stricken Spain. More >>
Stocks to watch: CEN, GPG, NZX, PEB, SKT, TEL
Thursday, 17 June 2010, 9:45 am | Businesswire
June 16 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. More >>
Solid Energy is candidate for partial sale
Thursday, 17 June 2010, 9:25 am | Businesswire
June 17 (BusinessWire) – Solid Energy Ltd. chairman John Palmer said the state-owned miner should be partially privatized to meet up to $10 billion of capital needs and because it is a lower political risk than other state-owned businesses. More >>
While you were sleeping: FedEx vs Apple
Thursday, 17 June 2010, 7:43 am | Businesswire
June 17 (Business Wire) - Stocks in the U.S. were mixed as FedEx Corp's warning on higher costs offset Apple Inc's stronger-than-expected sales of the next generation of iPhones. More >>
South Canterbury "a finance company, not a bank"
Wednesday, 16 June 2010, 6:47 pm | Businesswire
June 16 (BusinessWire) – South Canterbury Finance Ltd. plans to trim its reliance on debentures and has no aspirations to be a bank. More >>
Competition stiffens for PSIS after record year
Wednesday, 16 June 2010, 6:37 pm | Businesswire
by Paul McBeth June 16 (BusinessWire) – PSIS Ltd., the mutual that evolved out of the Public Service Investment Society, is unlikely to repeat its success of 2009, with increased competition for retail deposits dampening interest rate margins. More >>
MARKET CLOSE: New Zealand stocks extend gains
Wednesday, 16 June 2010, 6:05 pm | Businesswire
June 16 (BusinessWire) – New Zealand shares rose for their sixth straight day pushing the index to its highest level in almost a month, after Sky Network Television Ltd. rose amid news that Rupert Murdoch’s News Corp. was interested in buying its parent ... More >>
SMELLIE SNIFFS THE BREEZE: No free fridge
Wednesday, 16 June 2010, 3:21 pm | Businesswire
June 16 (BusinessWire) - So consumers are feeling more chipper, and might start spending again, says the latest Westpac McDermott-Miller survey of consumer confidence. More >>
GPG to spin-off Australia assets, delay Coats sale
Wednesday, 16 June 2010, 11:57 am | Businesswire
June 16 (BusinessWire) - Guinness Peat Group, the diversified investor chaired by Ron Brierley, plans to spin off its Australian assets into a separate listed company but will hold off on selling its Coats business to avoid ‘destroying value.’ More >>
