Latest news - Page 597

NZ dollar drops after threats to contaminate dairy products revealed
Tue, 10th Mar 2015
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supply chain
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fonterra
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banking
The New Zealand dollar fell sharply after government officials said police have been investigating threats to contaminate infant formula and related d.

CallPlus to bring UFB to Wanaka businesses this April
Tue, 10th Mar 2015
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uc
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chorus
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gigatown
CallPlus is getting ready to hook up Wanaka businesses to UFB, the final step in a long campaign to bring fibre to the area.

Full steam ahead for Spark's re-engineering programme
Tue, 10th Mar 2015
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uc
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spark
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digital services
Spark New Zealand has successfully implemented the second major stage of its programme to re-engineer and update its key customer service IT platforms.

NZX, with legal bill of $4 mln and counting, shows no signs of caving in Clear Grain dispute
Tue, 10th Mar 2015
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management
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nzx
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lawsuit
NZX, the stock market operator, shows no signs of backing down in its dispute with the former owners of the Clear Grain Exchange, with a legal bill se.

NZ listed company earnings underwhelm analysts in market priced for stronger growth
Tue, 10th Mar 2015
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healthtech
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new zealand dollar
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forsyth barr
New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.

NZ debit, credit card retail spending gains 1.2% in February, led by hospitality
Tue, 10th Mar 2015
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debit & credit cards
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banking
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retail
New Zealanders increased spending on debit and credit cards in February, led by gains in hospitality and apparel as low inflation makes households mor.

Law firm puts out feelers for class action against cladding manufacturers
Tue, 10th Mar 2015
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adina thorn lawyers
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carter holt harvey
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legislation
Law firm Adina Thorn Lawyers is asking leaky building owners to join a proposed class suit against plaster cladding manufacturers, which it says could.

Five areas to watch in big data
Tue, 10th Mar 2015
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data analytics
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martech
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planning
David Eaton, Chief Technology Officer, HP New Zealand, takes a closer look at one of the biggest technology trends of today.

PM Key sees inflation heading lower, cuts RBNZ slack for now
Mon, 9th Mar 2015
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inflation
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banking
PM Key predicts further inflation dip and suggests prolonged low interest rates, as RBNZ mulls rate cut amid house pricing pressures.

NZ start-up turns to PledgeMe to raise $500,000
Mon, 9th Mar 2015
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apps
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pledgeme
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startups
A Kiwi tech startup has jumped on the equity crowdfunding bandwaggon, and is hoping to raise $500,000 through PledgeMe to grow its app.

NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Mon, 9th Mar 2015
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economics
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rbnz
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extend
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.

NZ Dollar Outlook: Kiwi may decline on greenback strength as RBNZ remains on hold
Mon, 9th Mar 2015
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jobs
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new zealand dollar
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payroll
The New Zealand dollar may decline this week as the greenback strengthens on optimism the US economy is gearing up for interest rate rises.

Serko says full-year revenue to miss forecast, warns on 2016 sales
Mon, 9th Mar 2015
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serko
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ipo
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shares
Serko, the online online travel booking business, warned annual revenue will miss its prospectus forecast by up to 6 percent as some billable services.

NZ dollar tumbles after strong US jobs data increases chances of Fed hike in June
Mon, 9th Mar 2015
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new zealand dollar
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currencies
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payroll
The New Zealand dollar fell to its lowest in more than three weeks as the greenback soared after better-than-expected US jobs data boosted speculation.

Apple Watch to take centre stage this week
Mon, 9th Mar 2015
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wearables
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personal computing devices
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apple
Shares of Apple will be in focus today as it is expected to unveil its new Apple Watch, the first real new product since Steve Jobs' death.

Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted
Fri, 6th Mar 2015
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management
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blue chip
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bankruptcy
Former Blue Chip boss Mark Bryers has been discharged from his five-and-a-half year bankruptcy, though he's banned from acting as a manager or directo.

MARKET CLOSE: NZX 50 rises to record led by Genesis on yield hunt
Fri, 6th Mar 2015
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power / energy
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nzx
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air new zealand
New Zealand shares rose led by Genesis Energy and paced by Spark New Zealand, as the international hunt for income paying investment returned.

NZ dollar heads for 0.9% weekly decline as US jobs data looms
Fri, 6th Mar 2015
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new zealand dollar
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trade
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money management
US figures will provide a gauge on the strength of the world's biggest economy and give the greenback its next cue for a direction.

Chatham Rock seeks another $1.25M to pursue new seabed mining licence
Fri, 6th Mar 2015
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nzax
Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.

UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Fri, 6th Mar 2015
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capital
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nzx
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ipo
Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.