Stories by Pattrick - Page 23
Scales annual profit beats IPO forecast as apple exports drive horticulture earnings
Thu, 26th Feb 2015
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scales corp
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revenue
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retailers
Scales Corp's annual profit dips but still surpasses IPO projections amid a surge in apple exports from its flourishing horticulture wing.
Fonterra maintains forecast payout, says recent gains not enough for a rise
Thu, 26th Feb 2015
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fonterra
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new zealand dollar
Fonterra Cooperative Group, the world's biggest dairy exporter, maintained its forecast payout to farmer shareholders for the current season, saying r.
NZ dollar rises as greenback declines after Yellen seen pushing back rate hikes
Thu, 26th Feb 2015
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us federal reserve
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nz dollar
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currencies
The New Zealand dollar rose, driven by weakness in the greenback after Federal Reserve chair Janet Yellen suggested the US central bank was in no hurr.
While you were sleeping: Wall Street lingers near records
Thu, 26th Feb 2015
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wall street
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us federal reserve
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banking
Wall Street edged higher, trading near record highs, as Federal Reserve Chair Janet Yellen gave a second day of testimony to Congress.
UPDATE: Air New Zealand forecasts fare discounts; yield pressure looming
Wed, 25th Feb 2015
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air new zealand
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grabaseat
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tourism
The only cloud on Air New Zealand's horizon in coming months will be yield pressure as it faces more competition from foreign-owned airlines due to lo.
MARKET CLOSE: NZX 50 rise to record; Xero surges on more cash; Air NZ climbs
Wed, 25th Feb 2015
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fintech
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financial systems
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healthtech
New Zealand shares rose to a record, led by Xero after it raised $147 million from two American fund managers.
Energy Mad to raise $2.24M in rights issue at 13% discount
Wed, 25th Feb 2015
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nzx
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energy mad
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superlife
Energy Mad aims to secure £2.24m for expansion, offering shareholders cut-rate rights issue amid growth plans.
Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says
Wed, 25th Feb 2015
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government
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housing
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rbnz
New Zealand's government has taken a number of good steps to improve housing supply in Auckland, where prices have soared on a lack of new stock, but.
UPDATE: Kiwibank cancels eftpos, debit cards after 2 ATMs hit by card skimmers
Wed, 25th Feb 2015
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kiwibank
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banking
Kiwibank, the government owned lender and subsidiary of New Zealand Post, has taken urgent action and frozen some customer accounts after two of its.
UPDATE: Ebos, heading for record annual earnings, sees Asia opportunities in medium term
Wed, 25th Feb 2015
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partner programmes
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healthtech
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ebos
Ebos, which is heading for a record profit this year, sees opportunities to expand into Asia in the medium term, possibly in partnership with its bigg.
UPDATE: A2 Milk's premium payout attracts farmer interest with lower dairy prices this year
Wed, 25th Feb 2015
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a2 milk co
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revenue
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farming
A2 Milk Co, which markets milk with a protein variant said to have health benefits, says it's had more interest from farmers interested in supplying t.
Breaking news: Xero shares jump 21% after $147 million investment
Wed, 25th Feb 2015
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fintech
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financial systems
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xero
Xero's share price soars to a new high with a $147m boost from US investors, signalling strong future growth and new leadership in North America.
Airwork 1H profit beats forecast, raises annual earnings guidance
Wed, 25th Feb 2015
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shares
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airwork
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aviation
Airwork Holdings, the aviation service firm, lifted first-half profit 19 percent, beating its prospectus guidance, and has raised its annual earnings.
Metlifecare expects to increase FY profit about 13% as it expands in high-value areas
Wed, 25th Feb 2015
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sales
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metlifecare
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infratil
Metlifecare, New Zealand's second-largest listed retirement village operator, signalled full-year underlying profit may rise about 13 percent as it ex.
NZ dollar holds steady after cautious testimony from the Federal Reserve chair Yellen
Wed, 25th Feb 2015
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us federal reserve
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nz dollar
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banking
The New Zealand dollar was little changed overnight after Federal Reserve chair Janet Yellen failed to give an indication of when the US may start rai.
While you were sleeping: Wall Street hits records
Wed, 25th Feb 2015
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us federal reserve
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banking
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industrial
US equities and Treasuries gained after Federal Reserve Chair Janet Yellen signalled to a congressional committee that the improving economy is unlike.
CORRECT:NZ export log prices rise to 10-month high; domestic logs jump to highest in a decade
Wed, 25th Feb 2015
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agrihq
New Zealand export log prices rose to a ten-month high in February as local returns were bolstered by a decline in the kiwi dollar and lower shipping.
Sky TV shares dip as investors react to loss of subscribers; 1H profit gains
Tue, 24th Feb 2015
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gaming
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digital entertainment
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sky
Shares of Sky Network Television dropped 0.9 percent after NZ's pay-TV operator delivered a strong first-half profit, but had a loss of subscribers.
NZ dollar falls as RBNZ survey shows softer inflation expectations; Yellen looms
Tue, 24th Feb 2015
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us federal reserve
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nz dollar
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banking
The New Zealand dollar fell after inflation expectations dwindled in the Reserve Bank's latest survey of local firms, who didn't expect the central ba.
UPDATE: Scentre Group's NZ shopping mall sell off follows changed strategy, analyst says
Tue, 24th Feb 2015
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westfield
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scentre group
The sale of Scentre Group's four remaining 100 percent-owned Westfield shopping malls in New Zealand follows a change in strategy by the Australian pa.