Latest news - Page 597

NZ Dollar Outlook: Kiwi may rise this week on upbeat dairy auction, higher yields
Mon, 16th Feb 2015
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globaldairytrade
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nz dollar
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retail
The New Zealand dollar may gain this week on speculation lower milk production will push up prices for the nation's biggest export at the GlobalDai.

NZ services sector activity rises to six-month high in January
Mon, 16th Feb 2015
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cartech
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restaurants
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nz services
New Zealand's services sector activity rose to a six-month high in January as record inward migration boosted demand for housing, increasing the ne.

NZ retail sales rise 1.7% in fourth quarter, beating estimates, on autos, food, drinks
Mon, 16th Feb 2015
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new zealand dollar
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nz retail sales
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retail
New Zealand retail sales rose more than expected in the fourth quarter, led by vehicle-related transactions, food and beverages, adding to evidenc.

Contact hints at capital returns, looks offshore for growth
Mon, 16th Feb 2015
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datacentre infrastructure
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power / energy
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contact energy
Contact Energy has given its clearest signal yet that it will contemplate capital returns to shareholders as the company settles into a no-growth m.

NZ dollar little changed ahead of retail sales data as US on holiday
Mon, 16th Feb 2015
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new zealand dollar
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nz dollar
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kiwi
The New Zealand dollar is little changed from last week as traders await retail sales data amid expectations of quiet trading with US markets on ho.

World Week Ahead: Greece, Fed minutes, Wal-Mart
Mon, 16th Feb 2015
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wall street
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us federal reserve
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industrial
This week's attention is firmly on today's start of a two-day meeting of euro-zone finance ministers aimed at negotiating a resolution for Greece's.

SkyCity backs down, will stick to $402m convention centre budget
Sun, 15th Feb 2015
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skycity
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construction
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government funding
Casino and hoospitality operator SkyCity Entertainment will go back to the drawing board to design an international convention centre for Auckland.

MARKET CLOSE: NZ shares rise led by Fletcher ahead of earnings
Fri, 13th Feb 2015
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fintech
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financial systems
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healthtech
NZ shares surge, led by Fletcher Building, amidst investor optimism before the company's expected robust earnings reveal next week.

NZ dollar retreats from overnight highs as technical sellers emerge vs. Aussie
Fri, 13th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar retreated from its overnight highs against the Australian dollar and the greenback after nearing levels on the cross rate it.

South Port forecasts flat annual profit as lower dairy payout seen denting demand
Fri, 13th Feb 2015
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shares
South Port New Zealand, the Bluff port operator, expects annual profit to be relatively flat this year as farmers buy less fertiliser, stock food a.

NZ wool price rises 2.9% on strong demand
Fri, 13th Feb 2015
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agrihq
New Zealand's wool prices have surged by 2.9%, with 35-micron clean wool hitting NZD $5.30/kg due to strong overseas demand, surpassing a five-year high.

Magic Memories, theme-park snappers, lure Silicon Valley funds with ‘R&D by M&A’ strategy
Fri, 13th Feb 2015
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fintech
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financial systems
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personal computing devices
Magic Memories, which built a $50 million global business taking photographs at tourist attractions and theme parks, has sped its growth by buying.

Cue board rejects NZOG takeover offer
Fri, 13th Feb 2015
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datacentre infrastructure
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power / energy
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oil and gas
Directors of ASX-listed Cue Energy Resources have advised shareholders to reject the 10 Australian cents per share takeover mounted by New Zealand.

Douglas Pharmaceuticals diversifies, shoots for near quarter-billion dollar turnover
Fri, 13th Feb 2015
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jobs
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douglas pharmaceuticals
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patents
Douglas Pharmaceuticals, New Zealand's largest developer and manufacturer of generic pharmaceuticals, is targeting annual revenues of $244 million.

US FAA approved drone company Aeronavics to crowd fund up to $1.5 million
Fri, 13th Feb 2015
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snowball effect
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sales
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aeronavics
Aeronavics, a Waikato-based drone company with one of only two US Federal Aviation Authority permissions to be used for filming, is looking to rais.

NZ food prices rise 1.3% in January, on spike in apples, kiwifruit, vegetables
Fri, 13th Feb 2015
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inflation
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kiwifruit
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food
New Zealand food prices rose in January, as a smaller, later apple crop drove prices for the fruit to the highest in 16 years, while kiwifruit, str.

RESEND: CHH organises its way into new paper bag factory
Fri, 13th Feb 2015
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capital
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paper
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food
The new Japanese owners of the pulp and paper manufacturer arm of Carter Holt Harvey are to invest $30 million into an upgrade of the company's Pen.

Michael Hill shares jump 7% after 1H profit rises 46%
Fri, 13th Feb 2015
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investment
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revenue
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retail
Michael Hill International shares jumped as much as 7 percent after the jewellery chain posted a 46 percent rise in first-half profit.

NZ dollar edges closer to record against Aussie after labour market data
Fri, 13th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar edged closer to its record against the Australian dollar overnight after Australia's weaker than expected labour data yester.

While you were sleeping: Cisco jumps
Fri, 13th Feb 2015
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cisco
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wall street
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jpmorgan chase
Wall Street climbed, bolstered by gains in shares of Cisco and a ceasefire agreement between Russia and Ukraine, and optimism about Greek debt talks.