Latest news - Page 633

Kathmandu sees first-quarter margins shrink, flags lower first-half profit
Fri, 21st Nov 2014
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new zealand dollar
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retail
Kathmandu Holdings, the outdoor goods retailer, said it expects first-half margins to shrink as it discounts more items to clear shelf space.

UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain
Fri, 21st Nov 2014
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tax
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shares
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economy
Metro Performance Glass, which has more than half of New Zealand's glass processing market, is on track to meet full-year prospectus forecasts as i.

Arvida Group raises $75 million in IPO
Fri, 21st Nov 2014
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integration
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growth
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demand
Arvida Group, the new retirement village operator, has raised the full $75 million sought through an initial public offering following strong deman.

Warehouse affirms forecast for higher 2015 profit even amid softer trading
Fri, 21st Nov 2014
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sales
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inflation
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fy
Warehouse Group, New Zealand's largest listed retailer, affirmed its expectation for a rise in annual earnings even as sales lag behind forecast he.

A2 Milk changes Chinese supply approach for infant formula
Fri, 21st Nov 2014
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shares
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sales
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asx
A2 Milk Co has agreed to make China State Farm Holdings Shanghai the sole importer of its a2Platinum infant formula while the milk marketer will ta.

NZ ISPs in YouTube tie-up to drive faster broadband connections
Fri, 21st Nov 2014
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digital entertainment
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youtube
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netflix
New Zealand internet service providers are part of a multinational drive by global video streaming giant YouTube to push customers to faster landli.

NZ dollar advances as some investors see declines as good buying
Fri, 21st Nov 2014
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kiwi
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expansion
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investors
The New Zealand dollar rallied to USD $0.7874 as investors saw the earlier declines as a buying opportunity, buoying the trade-weighted index.

Taxpayer money-go-rounds hampering growth, says NZ Initiative
Fri, 21st Nov 2014
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new zealand initiative
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oecd
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regulation
Income redistribution schemes such as Working for Families, which pay back money people have often already paid as tax, are a barrier to the econom.

IkeGPS first-half sales almost double, loss widens
Thu, 20th Nov 2014
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power / energy
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ipo
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sales
IkeGPS Group said first-half sales almost doubled along with its losses as the company that sells portable measuring devices uses the proceeds of i.

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
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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market share
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supermarkets
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code of conduct
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.