Latest news - Page 591
Fliway to raise up to $50 mln in first NZ IPO of the year
Thu, 26th Feb 2015
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supply chain & logistics
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capital
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ipo
Fliway Group, the transport and logistics group, will seek up to $50 million in New Zealand's first initial public offering of the year, with a sale e.
NZ Superfund spent $150,000, so far, in legal fees in Portuguese banking case
Thu, 26th Feb 2015
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banking
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new zealand super fund
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super
The New Zealand Superannuation Fund has so far spent about $150,000 in legal fees as part of its case to overturn a decision by the Bank of Portugal t.
NZ SME market on the hunt for better, cheaper products
Thu, 26th Feb 2015
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iaas
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cloud services
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actifio
Cloud and other emerging tech are helping SMEs disrupt larger businesses, driving demand for agile and affordable products in NZ market.
NZ govt eyes Tamaki Redevelopment Co's role in lifting affordable housing supply: English
Thu, 26th Feb 2015
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tamaki redevelopment co
The New Zealand government is looking at ways Tamaki Redevelopment Co can help boost the supply of affordable housing, which forms part of its focus o.
NZ annual net migration rises to new record as Indian student numbers swell
Thu, 26th Feb 2015
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migration
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government
New Zealand's annual net migration rose to another record in January as fewer locals departed for Australia, while Indian student numbers continued to.
NZ trade balance unexpectedly turns to surplus in January on slower import growth
Thu, 26th Feb 2015
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federal trade commission
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asb bank
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extend
New Zealand's trade balance unexpectedly turned to a surplus in January as the impact of weaker crude oil prices on imports outpaced a decline in expo.
UPDATE: Fonterra Shareholders' Council relieved at dairy forecast being maintained
Thu, 26th Feb 2015
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westpac
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fonterra
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strategy
Farmers will be relieved at today's decision by Fonterra Cooperative Group, the world's largest dairy exporter, to maintain its forecast payout to fa.
Vital Healthcare 1H earnings drop 21% on bigger tax bill
Thu, 26th Feb 2015
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healthtech
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tax
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vital healthcare property trust
Vital Healthcare Property Trust, the country's biggest listed healthcare property investor, reported a 21 percent drop in first-half earnings as it fa.
Up to 70 Shanton Fashions staff to lose their jobs in restructure prior to sale
Thu, 26th Feb 2015
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shanton fashions
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palm
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retail
Up to 70 staff, just under half of those working for Shanton Fashions, are losing their jobs as 17 stores close under a restructuring process before.
Samsung's mobile payment move poses more challenges to Google than Apple
Thu, 26th Feb 2015
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smartphones
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martech
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commerce systems
Mobile payments are not yet a driver of handset sales. Few people will be basing their phone purchasing decisions on mobile payment functionality.
Veritas 1H profit falls on acquisition costs; FY earnings to be at low end of guidance
Thu, 26th Feb 2015
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shares
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veritas investments
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acquisition
Veritas Investments, the food and beverage investor, reported a 16 percent decline in first-half profit as acquisition costs mounted during a buying s.
Intueri misses annual earnings forecast on New Zealand performance
Thu, 26th Feb 2015
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tax
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stock exchange
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shares
Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.
Turners & Growers full-year profit falls 1.9% on processing, NZ trading losses
Thu, 26th Feb 2015
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shares
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sales
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australian dollar
Turners and Growers reports a 1.9% decline in full-year profit to NZD $16.6 million, attributing losses to processed foods and New Zealand trading pressures.
Scales annual profit beats IPO forecast as apple exports drive horticulture earnings
Thu, 26th Feb 2015
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scales corp
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revenue
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retail
Scales Corp's annual profit dips but still surpasses IPO projections amid a surge in apple exports from its flourishing horticulture wing.
Fonterra maintains forecast payout, says recent gains not enough for a rise
Thu, 26th Feb 2015
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fonterra
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new zealand dollar
Fonterra Cooperative Group, the world's biggest dairy exporter, maintained its forecast payout to farmer shareholders for the current season, saying r.
NZ dollar rises as greenback declines after Yellen seen pushing back rate hikes
Thu, 26th Feb 2015
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us federal reserve
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nz dollar
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currencies
The New Zealand dollar rose, driven by weakness in the greenback after Federal Reserve chair Janet Yellen suggested the US central bank was in no hurr.
While you were sleeping: Wall Street lingers near records
Thu, 26th Feb 2015
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wall street
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us federal reserve
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banking
Wall Street edged higher, trading near record highs, as Federal Reserve Chair Janet Yellen gave a second day of testimony to Congress.
UPDATE: Air New Zealand forecasts fare discounts; yield pressure looming
Wed, 25th Feb 2015
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air new zealand
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grabaseat
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tourism
The only cloud on Air New Zealand's horizon in coming months will be yield pressure as it faces more competition from foreign-owned airlines due to lo.
MARKET CLOSE: NZX 50 rise to record; Xero surges on more cash; Air NZ climbs
Wed, 25th Feb 2015
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fintech
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financial systems
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healthtech
New Zealand shares rose to a record, led by Xero after it raised $147 million from two American fund managers.
Samepage challenges Evernote at its own game
Wed, 25th Feb 2015
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uc
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collaboration
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evernote
Samepage launched earlier this month as ‘the world’s first contextual engagement platform’ and has already announced new features.