Latest news - Page 591
NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly
Mon, 23rd Mar 2015
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supply chain
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outlook
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new zealand dollar
New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.
2degrees acquires Snap ISP for complete business offering
Mon, 23rd Mar 2015
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uc
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snap
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vodafone
2Degrees, New Zealand's third-largest mobile telecommunications provider, is to acquire Christchurch-based internet service provider, Snap, to allow.
NZ consumer confidence gains in March quarter in face of cheaper petrol, home loans
Mon, 23rd Mar 2015
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globaldairytrade
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home loans
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banking
New Zealand consumer confidence rose in the first three months of the year, as Kiwis enjoyed cheaper fuel prices and lower fixed home-loan rates.
Pumpkin Patch says nothing certain after talk of approaches sends stock soaring
Mon, 23rd Mar 2015
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banking
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retail
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acquisition
Pumpkin Patch, whose shares soared on Friday after the children's clothing retailer announced it was seeking proposals to acquire or refinance.
Consumers still wary when it comes to mobile payments
Mon, 23rd Mar 2015
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smartphones
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martech
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commerce systems
While mobile and digital payments are on the rise, the majority of consumers still have concerns with adoption of the technology.
NZ dollar sets new records against Aussie, euro
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 set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest.
World Week Ahead: Equities to extend rally
Mon, 23rd Mar 2015
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us federal reserve
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analyst report
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industrial
A flurry of US economic data including on housing, manufacturing, inflation and GDP will determine the timing of a Fed Reserve interest rate increase.
MARKET CLOSE: NZ shares rise led by Pacific Edge, Kiwi Property
Fri, 20th Mar 2015
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nzx
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banking
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partners
New Zealand shares rose, paced by Property For Industry, Kiwi Property Group and Goodman Property Trust as investor appetite for yield returned.
NZ dollar heads for 1.5% weekly gain after Fed's more cautious outlook on US economy
Fri, 20th Mar 2015
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nz dollar
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trade
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money management
Federal Reserve gave a more cautious assessment of the US economy, prompting traders to pull back their bets that the US dollar would gain.
Warehouse says 63% of permanent staff now on 'career retailer wage'
Fri, 20th Mar 2015
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red shirt
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wages
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the warehouse group
Mark Powell says he hopes to eventually see someone promoted to his role that started out in the Red Shirts in Schools programme as a 16 year old.
NZ consumer confidence edges up in March, boding well for economic growth
Fri, 20th Mar 2015
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roy morgan research
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growth
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economy
New Zealand's consumer confidence index rose to 124.6 in March from 124 in February, signalling optimism for economic growth in 2015.
NZ migration hits new record in February year
Fri, 20th Mar 2015
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statistics nz
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banking
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retail
New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures.
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.