Latest news - Page 578
Update: Kiwi tech firm well on track to meet Crowdfunding target
Wed, 25th Mar 2015
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pledgeme
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sellshed
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retail
New Zealand social marketplace SellShed is set to exceed funding target after 2 weeks of equity crowdfunding. #PledgeMe.
NZ posts smaller-than-expected trade surplus in February, annual deficit at 5-year high
Wed, 25th Mar 2015
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statistics nz
New Zealand recorded a smaller-than-expected trade surplus in February, led by declining dairy exports, while the annual deficit widened to the larges.
Update: Synlait lifts milk forecast while Fonterra reaffirms its one, trims dividend
Wed, 25th Mar 2015
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fonterra
Synlait Milk has increased its forecast market milk price upwards for the 2015 season to a level closer to Fonterra Cooperative Group's, which was rea.
Fonterra affirms milk payout forecast, lowers dividend guidance as profit falls
Wed, 25th Mar 2015
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fonterra
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market
Fonterra Cooperative Group, the world's biggest dairy exporter, affirmed its milk payout forecast and lowered guidance for dividends, while posting a.
NZ dollar rises to 2-month high vs. pound after report shows no British inflation
Wed, 25th Mar 2015
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new zealand dollar
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inflation
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forex
The New Zealand dollar rose to a two-month high against the pound after a report showed Britain had no inflation last month, stoking speculation the B.
While you were sleeping: Data bolsters rate case
Wed, 25th Mar 2015
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google
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cisco
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cfo
Wall Street moved lower as an unexpected gain in new home sales as well as solid data on inflation and manufacturing bolstered the case for the Federa.
MARKET CLOSE: NZ shares fall led by Kathmandu on weak outlook
Tue, 24th Mar 2015
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healthtech
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nzx
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institutional investors
NZ shares dip as Kathmandu's grim half-year loss hints at retail turbulence; market watchers wary of recovery prospects.
NZ dollar slips after Chinese manufacturing data, seen resuming climb
Tue, 24th Mar 2015
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it in manufacturing
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new zealand dollar
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banking
Kiwi dollar dips amid weak Chinese manufacturing data, yet analysts foresee potential rally against Aussie dollar.
Kiwifruit growers give mandate, total grower control still some way off
Tue, 24th Mar 2015
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kiwfruit industry strategy project
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kiwifruit
Interim results show more than 90 percent of New Zealand kiwifruit growers support a new blueprint for the industry though one grower, who this month.
ComCom clears Wilson’s acquisition of rival’s parking assets
Tue, 24th Mar 2015
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commerce commission
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wilson parking new zealand
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acquisition
The Commerce Commission has found Wilson Parking New Zealand's 2013 acquisition of a rival's parking assets hasn't substantially crimped competition a.
Kathmandu slows pace of store openings after first-half loss
Tue, 24th Mar 2015
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tax
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shares
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sales
Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price d.
US BlackRock takes 5% stake in Fletcher Building
Tue, 24th Mar 2015
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fletcher building
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blackrock
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investment
BlackRock acquires a 5% stake in Fletcher Building, signaling confidence despite the Auckland firm’s recent drop in profits.
MightyRiverPower will close Southdown station at the end of 2015
Tue, 24th Mar 2015
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shares
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mighty river power
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employees
MightyRiverPower, whose first half earnings slumped as it wrote down the value of assets and exited its international geothermal interests.
Bohannan resigns from Bathurst Resources
Tue, 24th Mar 2015
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productivity
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solid energy
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bathurst resources
Hamish Bohannan resigns as CEO of Bathurst Resources, citing the company's put on hold expansion due to low coal prices.
NZ dollar hits new record against Aussie, stoking parity speculation
Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.
While you were sleeping: Mixed markets, weak dollar
Tue, 24th Mar 2015
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wall street
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us federal reserve
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industrial
Wall Street mostly moved higher, as the US dollar fell, amid expectations the Federal Reserve will lift interest rates more gradually than initially t.
UPDATE: RAM liquidators seek $954,000 investor withdrew in test case
Mon, 23rd Mar 2015
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pwc
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ram
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mental health
Liquidators of the Ross Asset Management group of companies are looking to claw back $954,000 one investor withdrew before the scheme collapsed.
MARKET CLOSE: NZ shares mixed; Spark gains, Kathmandu falls before earnings
Mon, 23rd Mar 2015
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uc
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telco
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nzx
NZ shares end mixed as Spark soars, Kathmandu slumps pre-earnings, amidst varied investor sentiment and currency impact.
NZOG closes in on 50% of Cue Energy
Mon, 23rd Mar 2015
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datacentre infrastructure
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power / energy
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cue energy
New Zealand Oil and Gas has increased its stake in Cue Energy Resources to 41.55%, getting closer to a key 50% threshold amidst its hostile takeover bid.
NZ dollar rises to new records vs. euro and Aussie
Mon, 23rd Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar rose to a new record against the euro ahead of a key meeting between Greek Prime Minister and German chancellor.