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Businesswire - Latest News [Page 93]
NZ dollar slides vs pound on new UK government
Wednesday, 12 May 2010, 9:45 am | Businesswire
May 12 (BusinessWire) – The New Zealand dollar slid 1.4% against the pound after Gordon Brown stepped down as Prime Minister, and paved the way for a Conservative-led government for the world’s sixth largest economy. More >>
Stocks to watch: GMT, PGW, SLG, TEL, WFD, WBC
Wednesday, 12 May 2010, 9:35 am | Businesswire
May 12 (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: Stocks lack lustre
Wednesday, 12 May 2010, 7:57 am | Businesswire
May 12 (Business Wire) - Stocks in Europe and the U.S. lacked lustre amid concern a lending plan aimed at ending Europe’s debt crisis wouldn’t be enough. More >>
MARKET CLOSE: NZX 50 ends lower on China worries
Tuesday, 11 May 2010, 5:48 pm | Businesswire
May 11 (BusinessWire) – New Zealand shares shed their intraday gains to end the session lower, as fears China will act to cool its economy reverberated through Asia. Steel & Tube Holdings led the decline while PGG Wrightson led gainers. More >>
Steady earnings for Goodman Properties
Tuesday, 11 May 2010, 5:17 pm | Businesswire
May 11 (BusinessWire) – Goodman Property Trust, the listed commercial and industrial properties owner and manager has announced a 7.5% drop in after tax operating earnings to the end of March of $77.5 million compared to the year before. More >>
Bob Jones ‘insulted’ by Chris Lee note, court told
Tuesday, 11 May 2010, 4:52 pm | Businesswire
May 11 (BusinessWire) – Robert Jones, the property magnate and some-time political party leader, felt “insulted” by a 2007 article written by financial adviser Chris Lee, the High Court in Wellington was told today. More >>
Receivers sell RPI's PGG Wrightson shares
Tuesday, 11 May 2010, 4:18 pm | Businesswire
May 11 (BusinessWire) – The 48.6 million shares in listed agribusiness PGG Wrightson Ltd. owned by Rural Portfolio Investments Ltd., in receivership, have been sold for 52 cents each. More >>
Sealegs posts first-ever profit; shares soar
Tuesday, 11 May 2010, 2:36 pm | Businesswire
May 11 (BusinessWire) – Sealegs Corp., the amphibious boatmaker, announced its first-ever operating profit since listing on the NZX in 1994. The shares surged 29%. More >>
Technology grants to replace r&d tax credits: Key
Tuesday, 11 May 2010, 1:05 pm | Businesswire
May 11 (BusinessWire) - The government will trust medium to large-scale, research-intensive companies to spend new research and development grants as they see fit, rather than reinstate tax incentives which its says encouraged creative accounting. More >>
Wakefield makes full takeover offer for Norfolk
Tuesday, 11 May 2010, 12:55 pm | Businesswire
May 11 (BusinessWire) - Wakefield Health Ltd., the owner of Wellington’s Bowen and Wakefield hospitals, will make a full takeover offer for Norfolk Investments for $22.6 million, gaining control of Tauranga’s Grace Hospital. More >>
Spending on credit, debit cards shrinks in April
Tuesday, 11 May 2010, 12:20 pm | Businesswire
May 11 (BusinessWire) – Consumer spending on plastic eased in April, as the value of transactions fell from a month earlier. More >>
Meridian buys Australian windfarm for A$191m
Tuesday, 11 May 2010, 12:13 pm | Businesswire
Meridian buys Australian windfarm for A$191m May 11 (BusinessWire) – Meridian Energy Ltd. has extended its ambitions in Australia by purchasing a fully developed 35 turbine, 70 Megawatt windfarm at Mt Millar in South Australia. More >>
NZ dollar hits 22-month high vs euro
Tuesday, 11 May 2010, 11:33 am | Businesswire
NZ dollar hits 22-month high vs euro as PIGS debt concerns ease May 11 (BusinessWire) – The New Zealand dollar hit a 22-month high against the euro after debt concerns about the PIGS (Portugal, Ireland, Greece and Spain) eased, with European politicians ... More >>
Investment Research Group borrows money off CEO
Tuesday, 11 May 2010, 11:00 am | Businesswire
May 11 (Businesswire) - Investment Research Group, the advisory and brokerage firm, has borrowed funds from managing director Brent King and may have to ask him for more to meet its outgoings, chairman Bill Birch said. More >>
Satara CEO Anderson-Smith resigns, leaves company
Tuesday, 11 May 2010, 9:38 am | Businesswire
May 11 (BusinessWire) – Satara Cooperative Group, the fruit packer and coolstore operator, said chief executive Wes Anderson-Smith has quit, effective immediately, after 19 months in the top job. More >>
Stocks to watch: AIR NZ, FPA, GPG, HED, NAP, TEL
Tuesday, 11 May 2010, 9:20 am | Businesswire
May 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 >>
While you were sleeping: Stocks shine on rescue
Tuesday, 11 May 2010, 7:50 am | Businesswire
May 11 (Business Wire) - Stocks rose worldwide after European policy makers presented a rescue package worth as much as 750 billion euros in a bid to end the region’s sovereign-debt crisis. More >>
Bakery boys end up holding 65% of Ecoya stock
Monday, 10 May 2010, 6:51 pm | Businesswire
by Jonathan Underhill May 10 (BusinessWire) - Ecoya Ltd.’s underwriter, Business Bakery LP, has ended up owning 65% of the scented candle maker after chipping in as underwriter to ensure its initial public offering met its target of $10 million. More >>
KiwiSaver returns plateau after four quarters
Monday, 10 May 2010, 6:32 pm | Businesswire
May 10 (BusinessWire) – KiwiSaver funds provided positive returns for the fourth straight quarter, though the growth is running out of steam and ongoing fears of a debt crisis in the euro zone may be partly to blame, according to Mercer (NZ) Ltd. More >>
MARKET CLOSE: NZ shares snap 3-day slide; WBC up
Monday, 10 May 2010, 6:08 pm | Businesswire
May 10 (BusinessWire) – New Zealand shares rose, snapping a three-day slide, after governments in the euro zone agreed to lend as much as 750 billion euros to member states drowning under their debt, stoking optimism the Greek fiscal crisis won’t ... More >>
