Latest news - Page 584

Fonterra mulls $250M bond sale, third issue for NZX debt market
Tue, 7th Apr 2015
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fonterra
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banking
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retail
Fonterra Cooperative Group, the world's biggest dairy exporter, may sell $250 million of six-year bonds in what would be its third security listed on.

'Unresponsive' Pyne Gould censured again by NZX Tribunal
Tue, 7th Apr 2015
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nzx
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financial markets authority
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retail
Pyne Gould Corp, whose 2014 accounts are being looked into by the Financial Markets Authority, has been censured by the NZ Markets Disciplinary Tribun.

NZX share trading rises for second month in March
Tue, 7th Apr 2015
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nzx
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stock market
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investment
The volume and value of cash trading on New Zealand's stock market rose for the second consecutive month in March as the NZX 50 Index rose to record l.

NZ dollar holds near parity with Australian dollar, may breach if RBA cuts rate
Tue, 7th Apr 2015
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new zealand dollar
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australian dollar
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extend
The New Zealand dollar traded near parity with the Australian dollar and may break through A$1 should the Reserve Bank of Australia cut its cash rate.

World Week Ahead: Dudley saves the day
Tue, 7th Apr 2015
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wall street
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aras
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economy
Wall Street advanced, shrugging off earlier declines following Friday's disappointing US jobs report, after New York Fed President William Dudley sugg.

NZ lamb wool prices fall as lower Aussie dollar lures Chinese buyers
Fri, 3rd Apr 2015
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new zealand dollar
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agrihq
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demand
New Zealand lamb wool prices fell as Chinese buyers of the fibre favoured the Australian market as a decline in the Aussie dollar made that country's.

NZ dollar rises to post-float high vs. Australian dollar
Thu, 2nd Apr 2015
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hcm
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payroll systems
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new zealand dollar
The New Zealand dollar rose to a new post-float high against the Australian dollar as traders looked ahead to non-farm payrolls data in the US and wha.

MARKET CLOSE: NZ shares fall, led by A2, Meridian
Thu, 2nd Apr 2015
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fintech
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financial systems
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xero
NZ shares fell mildly, driven by declines in A2 Milk and Meridian Energy. The NZX 50 Index dipped by 4.188 points amid light pre-Easter trading.

Drones trials for Kiwi forestry management
Thu, 2nd Apr 2015
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drones
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trade me
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flirtey
New Zealand is at the forefront of testing unmanned aerial flights and is set to have the world's first regulatory framework that allows beyond line o.

NZ's 'basketcase' bee industry seeks govt help to get national body, levies
Thu, 2nd Apr 2015
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green party
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bee industry group
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retail
Representatives of New Zealand's fragmented bee industry have called on government support to reintroduce commodity levies for honey and the creation.

F&P Appliances see records surge in global sales, narrows full-year loss
Thu, 2nd Apr 2015
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tax
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sales
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market
Fisher & Paykel Appliances narrowed its full-year loss in 2014 after sales growth across all its markets helped drive a surge in revenue.

Chatham Rock proposes reverse listing wider mandate
Thu, 2nd Apr 2015
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nzax
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shares
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chatham rock phosphate
Chatham Rock Phosphate, which was turned down for a consent for seabed mining, has proposed a deal with associate Aorere Resources which would turn Ch.

Chch’s Science Alive to help sci-tech centres in China’s Gansu
Thu, 2nd Apr 2015
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science alive
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construction
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investment
Christchurch mayor Lianne Dalziel has signed a memorandum of understanding with her counterparts in China's Gansu that will see local science and tech.

NZ Super Fund suspends Milford's mandate as FMA probe continues
Thu, 2nd Apr 2015
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cloud services
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financial markets authority
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investment
The Guardians of New Zealand Superannuation, tasked with managing the New Zealand Superannuation Fund, has suspended its investment mandate with Milfo.

Fonterra likely to increase farmer payout for the 2015/16 season, economists say
Thu, 2nd Apr 2015
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fonterra
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new zealand dollar
Fonterra Cooperative Group is likely to increase its forecast payout to dairy farmers next season by enough to make production profitable for most far.

Convert social data into social intelligence
Thu, 2nd Apr 2015
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social media
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teradata
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analyst report
Kiwi businesses are being urged to learn how use data insights gained from social media marketing to their advantage.

F&P Appliances records surge in global sales, narrows full-year loss
Thu, 2nd Apr 2015
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fisher & paykel finance
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r&d
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expenses
Fisher & Paykel Appliances, the Auckland-based manufacturer and consumer credit company owned by China's Haier Group, narrowed its full-year loss in 2.

Aussies to buy Spark's international voice business
Thu, 2nd Apr 2015
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uc
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spark
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acquisition
My Net Fone, an ASX-listed provider of hosted voice and data communications services, will buy Spark NZ's international voice business for $22.4M.

Mowbray sells stamp businesses to outgoing chief executive John Mowbray
Thu, 2nd Apr 2015
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stamps
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mowbray collectables
Mowbray Collectables, the unprofitable listed auction house business, has sold its stamps, coins and bank notes collectables business to outgoing chie.

NZ dollar recovers on weaker greenback, despite dairy price fall
Thu, 2nd Apr 2015
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new zealand dollar
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kiwi
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payroll
The New Zealand dollar rebounded from overnight weakness as prices fell in the latest GlobalDairyTrade auction, with softer US data weighing on the gr.