Latest news - Page 621
ANZ's Hisco the heavyweight in New Zealand CEO pay stakes
Thu, 20th Nov 2014
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bnz
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cba
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banking
There's a big gap between the pay of ANZ Bank New Zealand boss David Hisco and his counterparts at two of the other big four Australian-owned bank.
MARKET CLOSE: NZ shares gain as F&P rises to record, Xero falls on 1H result
Thu, 20th Nov 2014
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fintech
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financial systems
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risk & compliance
New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance.
NZ dollar gains as yen falls to 7-year low vs. greenback
Thu, 20th Nov 2014
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new zealand dollar
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kiwi
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recession
The New Zealand dollar rose as the yen fell to a seven-year low against the greenback as stimulus from the Bank of Japan and the prospects that Pri.
Kiwi tech firms comprise 10% of Deloitte's Asia-Pacific Fast 500 index
Thu, 20th Nov 2014
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martech
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commerce systems
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supply chain & logistics
Fifty-one New Zealand technology companies have been included in the 2014 Deloitte Technology Fast 500 Asia Pacific index, equalling the record for.
Xero widens first-half loss, concedes US did not execute to plan
Thu, 20th Nov 2014
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fintech
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financial systems
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xero
Xero, the cloud-based accounting software firm, widened its first-half loss after spending more on staff and marketing.
NPT first-half operating earnings rise 14% on increased rental base
Thu, 20th Nov 2014
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industrial
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retail
NPT, the listed property investor, reported a 14 percent increase in first-half operating profit as rental income was swelled by new properties inc.
Progressive boss warns NZ politicians about misusing Parliamentary privilege after supermarket inquiry ends
Thu, 20th Nov 2014
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consumers
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market share
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supermarkets
Progressive Enterprises managing director Dave Chambers said New Zealand politicians need to be careful about allegations made under Parliamentary.
Horizon Energy first-half profit drops 58% on regulated price curbs
Thu, 20th Nov 2014
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commerce commission
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shares
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regulation
Horizon Energy Distribution, the Bay of Plenty lines company which exceeded its regulated price path in 2012, said first-half profit fell 58 percen.
Shares in F&P Healthcare rise to a record as market darling outperforms
Thu, 20th Nov 2014
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healthtech
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sales
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surgery
Shares in Fisher & Paykel Healthcare rose to a record after the maker of breathing masks and humidifiers raised its profit forecast for the sixth t.
Countdown happy at being exonerated under Commerce Commission inquiry
Thu, 20th Nov 2014
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corruption
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pricing
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revenue
Progressive Enterprises managing director Dave Chambers said he felt exonerated by the outcome of a Commerce Commission inquiry into anti-competiti.
NZ producer prices fall in third quarter on dairy manufacturing inputs
Thu, 20th Nov 2014
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inflation
New Zealand producer input prices fell in the third quarter as lower farmgate milk prices reduced input costs for dairy manufacturers, adding more.
Australia's FTA with China adds to rivalry in 'hotly contested' market for soft commodities
Thu, 20th Nov 2014
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fta
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partners
Australia's free trade agreement with China heralds a renewed focus to diversify the country's economy away from a reliance on mineral exports to s.
Supermarket inquiry finds no breaches by Countdown
Thu, 20th Nov 2014
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commerce commission
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corruption
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fair trading act
The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found.
Kiwi school lunch ordering system quicker than making a sandwich
Thu, 20th Nov 2014
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edutech
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schools
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startups
Hawke’s Bay's Lunchonline revolutionizes school lunches, enabling parents to order quickly online, ensuring kids enjoy nutritious meals at school.
Serko widens 1H loss, boosts sales and staff
Thu, 20th Nov 2014
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serko
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sap
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resellers
Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.
NZ dollar whippy after Fed minutes stay mum on interest rate outlook
Thu, 20th Nov 2014
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nzd
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us federal reserve
The New Zealand dollar was volatile following the release of the Federal Reserve minutes to its last meeting this morning, as the minutes failed to.
Kiwi UFB uptake passes 10%
Wed, 19th Nov 2014
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uc
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telco
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rural broadband initiative
New Zealand's UFB uptake hits 10% as broadband connections surge by nearly 40% in the latest quarter, reveals Communications Minister Amy Adams.
Kiwi tech start-up revs up the US rental car industry
Wed, 19th Nov 2014
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market
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free
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expansion
This model provides a win-win solution where travellers get a free one-way car or campervan hire while rental companies save big money on relocation costs.
KiwiCover first NZ company to move to Microsoft Azure Australian centres
Wed, 19th Nov 2014
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public cloud
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iaas
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microsoft
KiwiCover Insurance is the first New Zealand company to migrate its information technology platform to the new Microsoft Azure centres in Australia.
ASB trims milk price forecast by 40c in wake of GDT prices hitting lowest level in five years
Wed, 19th Nov 2014
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shares
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trade
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money management
ASB cuts milk price forecast by 40c to $4.70/kgMS as GlobalDairyTrade hits a 5-year low, shaking NZ dairy farmers' confidence.