Stories by Pattrick - Page 24
NZ firms again lower their inflation expectations, see no RBNZ action this year
Tue, 24th Feb 2015
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rbnz
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inflation
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economy
New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.
UPDATE: Scentre Group says business as usual for NZ shopping malls on the block
Tue, 24th Feb 2015
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westfield
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scentre group
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retailers
Scentre Group, the Australasian shopping centre owner, said it had placed its four remaining 100 percent-owned shopping centres in New Zealand on the.
Asaleo Care beats prospectus with 18% gain in full-year profit
Tue, 24th Feb 2015
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ipo
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asx
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asaleo care
Asaleo Care, the maker of household brands such as Libra, Sorbent, Purex and Treasures that debuted on the ASX last year, posted an 18 percent gain in.
UPDATE: Genesis Energy stock falls on stretch to reach FY earnings target
Tue, 24th Feb 2015
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datacentre infrastructure
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power / energy
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genesis energy
Genesis Energy shares slide on weaker oil prices and increased competition for customers. Full-year earnings target at risk.
Xero shares climb 24% in one week as seller leaves the market
Tue, 24th Feb 2015
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fintech
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financial systems
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xero
Xero's stock surges a striking 24% as rumours buzz of a persistent seller's exit, boosting shares to their highest since October.
Summerset posts 10% rise in 2014 earnings, expects faster growth in 2015
Tue, 24th Feb 2015
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healthtech
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ipo
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sales
Summerset Group, New Zealand's third-largest listed retirement village operator, posted a 10 percent gain in annual earnings and said it expects...
Genesis Energy lifts 1H pretax earnings by 15%, selling more electricity, gas to fewer customers
Tue, 24th Feb 2015
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datacentre infrastructure
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power / energy
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genesis energy
Genesis Energy, New Zealand's largest energy retailer, posted a 15 percent gain in first-half pretax earnings as it lifted sales of electricity and ga.
SLI first-half loss widens by 75%, says cash burn easing
Tue, 24th Feb 2015
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sli systems
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shares
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patents
SLI Systems, the online retail search engine developer, widened its first-half loss by 75 percent as it chases growth in the US eCommerce market.
Geothermal exit, dry weather wallop Mighty River earnings
Tue, 24th Feb 2015
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power / energy
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cleantech
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capital management
Electricity generator and retailer Mighty River Power declared a massive drop in earnings for the six months to Dec.
NZ dollar muted as investors await Fed chair Yellen's testimony
Tue, 24th Feb 2015
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nzd
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banking
The New Zealand dollar was little changed as investors await US Federal Reserve chair Janet Yellen's semi-annual testimony to US lawmakers for clues a.
While you were sleeping: Wall Street slides
Tue, 24th Feb 2015
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wall street
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us federal reserve
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industrial
Wall Street moved lower from record highs as investors awaited US Federal Reserve Chair Janet Yellen's testimony to Congress, while a decline in oil p.
Mediaworks returns to profit as radio boosts income
Mon, 23rd Feb 2015
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ipo
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mediaworks
Mediaworks Investments, the free-to-air broadcaster, has returned to profitability in its first 10 months under a new capital structure.
ASX-listed Vocus boosts NZ sales 81% after FX Networks acquisition
Mon, 23rd Feb 2015
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network infrastructure
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southern cross cable
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fx networks
Vocus Communications boosted its first-half sales in New Zealand by 81 percent after buying local fibre-line provider FX Networks last year.
NZ Post increased 1H profit 41%, helped by Kiwibank, sale of courier unit
Mon, 23rd Feb 2015
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kiwibank
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new zealand post
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investment
New Zealand Post, the state-owned mail delivery service, increased first-half profit 41 percent after selling its Australian Couriers Please business.
Freightways first-half profit jumps 21% as sales, margins grow from couriers, data management
Mon, 23rd Feb 2015
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sales
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freightways
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information management
Freightways posted a 21 percent gain in first-half profit after lifting sales and fattening margins at its courier and information management units.
NZ dollar heads for 1% weekly gain as economic outlook picks up
Sat, 21st Feb 2015
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fonterra
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nzd
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partners
The New Zealand dollar is heading for a 1 percent weekly gain against the greenback as recent data and with upbeat dairy auctions.
MARKET CLOSE: NZ shares rise, Xero climbs on tech favour; Auckland Airport falls
Fri, 20th Feb 2015
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uc
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fintech
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financial systems
New Zealand shares rose paced by Xero and Diligent Board Member Services, as investors favoured technology-based stocks.
Port of Tauranga to buy super-post-Panamax cranes, tender for dredging in readiness for big ships
Fri, 20th Feb 2015
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outlook
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port of tauranga
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maersk
Port of Tauranga, New Zealand's largest port company, is to buy two new gantry cranes and will shortly put out for tender dredging work.
NZ producer prices fall in fourth quarter on dairy products, weaker crude oil
Fri, 20th Feb 2015
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fonterra
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globaldairytrade
NZ producer prices fell in the fourth quarter, reflecting the decline in prices of dairy products and crude oil, while livestock and meat prices rose.
Skellerup 1H profit falls 10%, missing forecast, annual profit growth to stall
Fri, 20th Feb 2015
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sales
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skellerup
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food safety
Skellerup's 1H profit dips by 10%, missing targets, with zero growth forecast amid Aussie mining sector cutbacks.