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Businesswire - Latest News [Page 92]
NZ dollar rises to 34-month high vs euro
Friday, 14 May 2010, 10:00 am | Businesswire
NZ dollar edges up to 34-month high vs euro as retail sales data awaited More >>
Stocks to watch: AMP, CEN, FPH, GFF, XRO
Friday, 14 May 2010, 9:32 am | Businesswire
May 14 - (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 >>
While you were sleeping: Probes pressure stocks
Friday, 14 May 2010, 8:01 am | Businesswire
May 14 (Business Wire) - Equities in the U.S. fell, led by financial shares on concern about widening probes of mortgage-bond deals by the major American banks and whether ratings agencies were duped. More >>
MARKET CLOSE: NZ shares rise amid global rebound
Thursday, 13 May 2010, 6:37 pm | Businesswire
May 13 (BusinessWire) – New Zealand shares rose, pushing the NZX 50 Index higher for only the second day in seven, amid global market gyrations on Europe’s ability to support its member states’ debt. Guinness Peat Group climbed after being punished ... More >>
Irongate shares tumble on National Prop rumblings
Thursday, 13 May 2010, 2:29 pm | Businesswire
May 13 (BusinessWire) – Shares in Irongate Property Ltd. almost halved in value in a late trade yesterday on the Unlisted platform as the property investor, managed by a St Laurence group company, heard shareholder grumblings from sister company ... More >>
Contact's customer exodus resumes
Thursday, 13 May 2010, 1:15 pm | Businesswire
May 13 (BusinessWire) - Contact Energy Ltd.'s recovery in electricity customer numbers has stalled, with the company losing 4,500 customers in the past two months, and a total of 44,000 electricity customers since the peak in September 2008. More >>
NZ manufacturing activity reaches highest since 04
Thursday, 13 May 2010, 11:51 am | Businesswire
May 13 (BusinessWire) – New Zealand manufacturing activity rose to the highest level since December 2004 last month, as new orders drove production at a faster clip, adding to indications that the sector will be a major contributor to the nation’s ... More >>
Cheaper meat and veges push food prices down
Thursday, 13 May 2010, 11:36 am | Businesswire
May 13 (BusinessWire) – Cheaper meat and vegetables pushed down food prices in April to levels not seen since late 2009. More >>
NZ dollar holds near 3-year high versus euro
Thursday, 13 May 2010, 10:24 am | Businesswire
May 13 (BusinessWire) – The New Zealand dollar held near a three-year high against the euro amid concerns the region’s 750 billion euro bailout fund won’t fix underlying fiscal problems and economic growth will remain subdued. More >>
Stocks to watch: CEN, GPG, NAP, GMT, NWF, OGC, TEL
Thursday, 13 May 2010, 10:00 am | Businesswire
May 13 - (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 >>
Catching Australia just got easier: Andrew Bascand
Thursday, 13 May 2010, 8:54 am | Businesswire
May 13 (BusinessWire) - Australian tax policy just made it easier for New Zealand to catch the "lucky country", says Harbour Asset Management managing director, Andrew Bascand. More >>
While you were sleeping: Focus on fundamentals
Thursday, 13 May 2010, 7:47 am | Businesswire
May 13 (Business Wire) - Stocks in Europe and the U.S. rose on promises by governments in the U.K. and Spain to reduce their budget deficits, on better-than-expected European growth in the first quarter and on strong company earnings in Europe and North America. More >>
MARKET CLOSE: NZ shares fall as Euro fears linger
Wednesday, 12 May 2010, 5:41 pm | Businesswire
MARKET CLOSE: NZ shares fall as Euro debt fears linger; NZS, GPG, PRC drop May 12 (BusinessWire) – New Zealand shares fell, pushing the NZX 50 Index down for the fifth day in six, as fears linger about the ability of Europe to contain a debt crisis. More >>
Unlisted platform changes hands and manager
Wednesday, 12 May 2010, 5:11 pm | Businesswire
May 12 (BusinessWire) - Private equity firm Armillary Ltd. has taken over management of the Unlisted share trading platform as its existing shareholders buy back the bulk of the shares previously owned by the previous majority shareholder, General ... More >>
Bob Jones "simply wasn't defamed", court told
Wednesday, 12 May 2010, 3:30 pm | Businesswire
May 12 (BusinessWire) – Sir Robert Jones, the property magnate and some-time political party leader, cherry-picked a 2007 article written by financial adviser Chris Lee and “simply wasn’t defamed,” the High Court in Wellington was told today. More >>
Regulator chides Kiwibank, HSBC over break fees
Wednesday, 12 May 2010, 2:42 pm | Businesswire
May 11 (BusinessWire) – The Commerce Commission has warned state-owned lender Kiwibank and HSBC over the fees they charge customers for repaying mortgages early. More >>
ASB margins squeezed, parent CBA lifts profit
Wednesday, 12 May 2010, 12:56 pm | Businesswire
May 12 (BusinessWire) – ASB Holdings, the New Zealand subsidiary of Commonwealth Bank of Australia, had its margins squeezed by intense competition for deposits as local lenders vie for domestic cash in the fall-out of the global financial crisis. More >>
NZ regulator recommends regulation of MTR
Wednesday, 12 May 2010, 10:49 am | Businesswire
May 12 (BusinessWire) – Vodafone New Zealand Ltd., the country’s largest mobile phone carrier, “undermined” competition with its latest pre-pay plan, and the Commerce Commission has flagged regulation is on the cards again. More >>
National Property investors seek to dump manager
Wednesday, 12 May 2010, 10:31 am | Businesswire
May 12 (BusinessWire) – A group of investors in National Property Trust have called for a meeting to dump the manager, part of the St Laurence group of companies, saying it is out of touch with unit holders, its fees are too high and the trust is under-performing. More >>
Windflow targeting $5-6 million loss
Wednesday, 12 May 2010, 10:30 am | Businesswire
May 12 (BusinessWire) - Production delays caused by the dispute between Windflow Technology Ltd. and New Zealand Windfarms Ltd. will push Windflow to a larger than expected loss of between $5 million and $6 million this year, Windflow managing director ... More >>
