Latest news - Page 580
Pumpkin Patch seeks proposals after approaches to buy, refinance company; shares gain
Fri, 20th Mar 2015
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banking
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retail
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acquisition
Pumpkin Patch is seeking formal proposals after receiving approaches to buy or refinance the company. The shares rose 26 percent.
Polycom and Microsoft team up in Skype for Business offerings
Fri, 20th Mar 2015
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uc
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hybrid & remote work
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microsoft
An expanded relationship between Polycom and Microsoft will bring the first hardware built specifically for Skype for Business to market within months.
NZ dollar slides as traders buy back US dollar after Fed
Fri, 20th Mar 2015
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bnz
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new zealand dollar
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australian dollar
The New Zealand dollar slid along with other major currencies against the US dollar, as investors bought back the greenback after selling it.
Petromac develops 'bent stick' device that guides wireline loggers in oil wells
Fri, 20th Mar 2015
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callaghan innovation
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oil and gas
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petromac
Petromac has developed a disruptive technology that allows oil and gas companies to get better data from wireline logging of oil wells.
While you were sleeping: US dollar rebounds
Fri, 20th Mar 2015
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personal computing devices
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apple
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wall street
US dollar stages recovery post-Fed update, but analysts question its longevity amid mixed economic signals and wavering investor confidence.
MARKET CLOSE: NZ shares rise, led by Skellerup, Meridian
Thu, 19th Mar 2015
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meridian energy
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skellerup
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industrial
New Zealand shares gained as Skellerup Holdings rose 3.7% and Meridian Energy advanced 2.5%, amid revived investor interest due to globally low interest rates.
NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions
Thu, 19th Mar 2015
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nzx
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new zealand dollar
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inflation
Kiwi currency soars as Fed's cautious stance leads to US dollar sell-off, with traders abandoning bullish bets.
Tourism Holdings acquires 49% stake in UK's Just Go motorhome business
Thu, 19th Mar 2015
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tourism holdings
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just go
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founders
Tourism Holdings, the largest campervan rental business in Australia and New Zealand, said it acquired 49 percent of UK-based Just Go.
FMA lifts head count to 170 staff as it probes new areas
Thu, 19th Mar 2015
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edutech
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licensing
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financial markets authority
The New Zealand Financial Markets Authority has hired 170 staff and plans to invest in technology to fulfill its regulatory role.
NZ, Vietnam aim to double two-way trade to $2.2B by 2020
Thu, 19th Mar 2015
NZ and Vietnam set ambitious $2.2B trade goal by 2020, after vibrant growth fuels leaders' confidence in bilateral ties.
No more Air NZ points for BNZ credit cards as Westpac steps in; cash replacement mooted
Thu, 19th Mar 2015
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westpac
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air new zealand
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bnz
BNZ cut off from Air NZ points as Westpac fills the void, with a cash-back scheme to quell customer concerns over rewards.
APN News & Media halted for selldown amid speculation O'Brien, INM exiting
Thu, 19th Mar 2015
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grabone
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apn media
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fairfax media
APN News and Media halted trading amid rumours of exits by Dennis O'Brien and Independent News - Media, with a potential A$300 million block trade looming.
International Monetary Fund says LVR limits work in boom times, not busts
Thu, 19th Mar 2015
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international monetary fund
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financial institutions
Restrictions on low-deposit home loans appear to have more effect in times of boom rather than bust, according to an International Monetary Fund work.
NZ, US escalate WTO action against Indonesia on import restrictions
Thu, 19th Mar 2015
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world trade organisation
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wto
New Zealand and the US have escalated a complaint against Indonesia to the World Trade Organisation on import restrictions.
Salt Funds wins mandate for AMP Capital's $690M active NZ equity funds
Thu, 19th Mar 2015
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salt funds management
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amp
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banking
Salt Funds Management secures a mandate to manage AMP Capital’s NZD $690M active New Zealand equity funds, nearly doubling its existing funds under management.
Mainfreight forecasts annual profit hike, pays tribute to Rowlands
Thu, 19th Mar 2015
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data analytics
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planning
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bi
Mainfreight anticipates up to a 7.1% profit increase, driven by revenues surpassing USD $2 billion, while honouring the legacy of former chairman Don Rowlands.
NZ economy grows 0.8% in fourth quarter, on tourist spending, heated housing market
Thu, 19th Mar 2015
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inflation
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tourism
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growth
The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand fo.
Wynyard proposes dual listing on Australian bourse
Thu, 19th Mar 2015
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nzx
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wynyard group
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asx
Wynyard Group, the crime-fighting software and services developer, plans a dual listing on the Australian stock exchange.
Sue Sheldon steps down as Chorus chair, Hartley to be acting chair
Thu, 19th Mar 2015
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uc
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chorus
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telco
Sue Sheldon is standing down as chair of Chorus at the end of the month and the role will be filled by Jon Hartley on an interim basis.
Samsung: what the IoT means for enterprise
Thu, 19th Mar 2015
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supply chain & logistics
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healthtech
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samsung business
Samsung unveils Samsung Business, a brand that unifies its end-to-end business solutions, including IoT offerings. #CeBIT2015.