Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Businesswire for InfoPages here.
Businesswire - Latest News [Page 79]
NZ Dollar Outlook: Kiwi to be capped at 70 US cts
Monday, 14 June 2010, 1:58 pm | Businesswire
NZ Dollar Outlook: Kiwi to be capped at 70 US cts with offshore news the focus More >>
Silver Fern to close Canterbury plants
Monday, 14 June 2010, 1:43 pm | Businesswire
June 14 (BusinessWire) – Silver Fern Farms, the South Island meat company that went public last year by putting its shares on the Unlisted platform, plans to close plants in Canterbury with the loss of up to 174 jobs as it strips out surplus capacity. More >>
NZ banks, households need to change ways: Bollard
Monday, 14 June 2010, 12:51 pm | Businesswire
(BusinessWire) - More household belt-tightening and a stronger switch by banks away from unproductive personal credit growth are necessary if New Zealand's ongoing risk of economic shocks caused by the country's high foreign indebtedness is to improve, ... More >>
NZ services sector marks seventh month of growth
Monday, 14 June 2010, 12:12 pm | Businesswire
June 14 (BusinessWire) – New Zealand’s services sector posted its seventh straight month of expansion in May, though the pace of growth slowed, with many respondents citing dismal wet weather throughout the country. More >>
NZ retail sales fall 0.3% in April
Monday, 14 June 2010, 11:49 am | Businesswire
June 14 (BusinessWire) – New Zealand retail sales fell in April, led by department stores, indicating there hasn’t yet been a pre-GST-hike pick-up in demand as households continue to deleverage. More >>
Tussle for Horizon Energy erupts back to life
Monday, 14 June 2010, 11:01 am | Businesswire
June 14 (BusinessWire) - Marlborough Lines Ltd. is standing in the market this morning up to 10.1% of the shares of Whakatane-based Horizon Energy Ltd. More >>
NZ oil shares fall as Tui SW-2 comes up short
Monday, 14 June 2010, 10:11 am | Businesswire
June 14 (BusinessWire) - Shares in listed New Zealand oil and gas companies exploring the Tui prospect fell immediately the NZX opened this morning, following announcement that "an economic accumulation of hydocarbons is not present" at the Tui ... More >>
More uridashi sales would be useful, Bollard says
Monday, 14 June 2010, 9:51 am | Businesswire
June 14 (BusinessWire) – Reserve Bank Governor Alan Bollard said a pickup in sales of so-called uridashi bonds, which dwindled in the face of New Zealand’s record low official cash rate, would be “desirable.” More >>
Stocks to watch: AFF, ALF, INS, NZX, PPP, POT
Monday, 14 June 2010, 9:29 am | Businesswire
June 12 (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 >>
NZ dollar near month-high before retail sales
Monday, 14 June 2010, 9:20 am | Businesswire
June 14 (BusinessWire) – The New Zealand dollar climbed above 69 U.S. cents for the first time in nearly a month as investors remained upbeat about the local economy after the central bank hiked rates last Thursday, though today’s consumer spending ... More >>
World Week Ahead: Bulls take the horns
Monday, 14 June 2010, 7:33 am | Businesswire
June 14 (BusinessWire) - Patience and a keen sense of timing is what will make the difference in most World Cup matches in the month ahead, and the same is true for financial markets this week. More >>
MARKET CLOSE: NZ shares rise; CAV, POT rise
Friday, 11 June 2010, 6:21 pm | Businesswire
June 11 (BusinessWire) – New Zealand shares rose, pushing the NZX 50 to almost a two-week high, after Port of Tauranga confirmed evidence of robust export activity by raising its full-year guidance. More >>
Talley’s takes control of Affco as Toocooya sells
Friday, 11 June 2010, 5:54 pm | Businesswire
June 11 (BusinessWire) – Talley’s Group Ltd., the closely held food, fishing and dairy company, tightened its grip on meat company Affco Holdings Ltd. after gaining conditional agreement to buy out a fellow shareholder as part of a full takeover. More >>
High Court win for OIO in Crafar case
Friday, 11 June 2010, 5:48 pm | Businesswire
June 11 (BusinessWire) - The High Court has upheld the Overseas Investment Office's view that the New Zealand-registered arm of a Chinese investment group may need permission from the office to buy 16 farms from the collapsed Crafar family dairying empire. More >>
Port of Tauranga lifts full-year guidance
Friday, 11 June 2010, 3:41 pm | Businesswire
June 11 (BusinessWire) – Port of Tauranga Ltd., New Zealand’s biggest export port, raised its full-year earnings guidance by as much as 11%, citing a “strong” increase in volumes. Shares of the company rose 3.8%. More >>
Police change tune on Rugby World Cup liquor rules
Friday, 11 June 2010, 12:59 pm | Businesswire
June 11 (BusinessWire) –New Zealand Police has changed its tune over liquor licensing for the Rugby World Cup after Murray McCully, the minister responsible for the event, confirmed a new agency would take on those duties for next year’s tournament. More >>
'Don't panic' over Penny and Hooper decision: IRD
Friday, 11 June 2010, 11:58 am | Businesswire
June 11 (BusinessWire) - The Inland Revenue Department is moving to dampen fears that thousands of small business owners' tax arrangements could fall foul of tax avoidance rules because of last week's landmark Court of Appeal ruling in the so-called ... More >>
Stocks to watch: ALF, GEL, MVN, NZO, PPP, PGW
Friday, 11 June 2010, 9:50 am | Businesswire
June 11 (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 >>
MightyRiverPower dampens profit expectations
Friday, 11 June 2010, 9:44 am | Businesswire
June 11 (BusinessWire) - MightyRiverPower Ltd, the state-owned electricity generator and retailer, expects its full year operating profit to be at the bottom of its forecast range of between $315 million and $350 million. More >>
NZ dollar extends gains on China data and OCR hike
Friday, 11 June 2010, 9:24 am | Businesswire
June 10 (BusinessWire) – The New Zealand dollar extended yesterday’s gains as strong Chinese export data supported investors’ return to higher-yielding, riskier assets after New Zealand’s central bank tightened monetary policy, stoking demand ... More >>
