IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Stories by Pattrick - Page 26

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Tui writedown turns NZOG to a first-half loss
Wed, 18th Feb 2015
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shares
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sales
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oil and gas
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.
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Westpac NZ reaches $2.97M swaps settlement, rounding out regulator's probe into banks
Wed, 18th Feb 2015
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westpac
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banking
Westpac NZ to pay NZD $2.97 million in a settlement over misleading interest rate swap sales to farmers, finalising a long investigation into banks.
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NZ dollar edges higher after dairy auction as investors mull global concerns
Wed, 18th Feb 2015
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fonterra
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new zealand dollar
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nz dollar
The New Zealand dollar failed to jump significantly higher following a positive GlobalDairyTrade auction overnight as investors focused on global c.
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Souter Investments invests $12 million in double deck buses for Auckland
Wed, 18th Feb 2015
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auckland transport
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souter investments
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investment
Souter Investments, the global public transport company owned by Scottish transport entrepreneur Brian Souter, is investing $12 million in 15 new d.
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While you were sleeping: Fresh S&P 500 record
Wed, 18th Feb 2015
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martech
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commerce systems
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payment technologies
The Standard & Poor's 500 Index touched a record high, rising above 2,100 for the first time, even as Wall Street's gains were muted by concern abo.
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Dairy product prices rise with cheddar, whole milk powder
Wed, 18th Feb 2015
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fonterra
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new zealand dollar
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globaldairytrade
Dairy product prices advanced in the latest GlobalDairyTrade auction, propelled by gains in cheddar and whole milk powder.
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Jeanswest ordered to pay more damages after copyright appeal
Tue, 17th Feb 2015
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g-star raw
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jeanswest
The Court of Appeal has ordered Australian company Jeanswest to pay additional damages, but stopped short of imposing a permanent ban, for infring.
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MARKET CLOSE: NZ shares fall; NZX, ANZ down on earnings
Tue, 17th Feb 2015
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nzx
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banking
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industrial
NZ shares dip as NZX's rising costs and ANZ's shrinking margins disappoint investors; NZX 50 Index sees slight decline.
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NZ dollar may extend gains on prospects of strong dairy auction
Tue, 17th 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, which has reached a post -float high against the Australian dollar and is near a month-high versus the greenback, may exten.
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Colonial Motor Co's 1H result steady despite increased new vehicle sales
Tue, 17th Feb 2015
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shares
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colonial motor co
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revenue
Colonial Motor Co nets a modest profit rise to £12.9m, grappling with fierce competition offsetting surging new car sales.
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NZ manufacturers suffer, Australian assets look cheaper as dollar parity looms
Tue, 17th Feb 2015
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bnz
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australian dollar
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nz dollar
New Zealand manufacturing exporters are facing record headwinds from the kiwi's strength against the Australian dollar, with foreign exchange trade.
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Fonterra kicks off $144 million partnership with Dutch cheese maker
Tue, 17th Feb 2015
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partner programmes
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physical security
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fonterra
Fonterra Co-operative Group, the world's largest dairy exporter, has commissioned a new dairy ingredients plant in Heerenveen, in the north of the.
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Opus International boosts annual profit 15% on Canadian, UK performance
Tue, 17th Feb 2015
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opus
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sales
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nz transport agency
Opus International Consultants, the listed engineering firm, lifted annual profit 15 percent as gains at its Canadian and UK operations offset decl.
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Critics slam bank compensation for rural interest rate swaps as woeful
Tue, 17th Feb 2015
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westpac
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anz bank
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banking
Critics of bank settlements over interest rate swap loans claim farmers haven't been paid as much in compensation as they would have if the matter.
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Christchurch crematoriums fire up InvoCare's annual income
Tue, 17th Feb 2015
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commerce commission
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shares
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asx
InvoCare, Australia's largest undertaker, said its New Zealand unit earnings jumped up 24 percent after it bought two Christchurch crematoriums.
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Coca Cola Amatil's NZ earnings flat as grocery sales of fizzy falls
Tue, 17th Feb 2015
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shares
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coca-cola amatil
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market share
Coca-Cola Amatil, which bottles Coca-Cola, Lift, Fanta and other drinks brands, said earnings in New Zealand were flat as sales of fizzy drinks in.
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NZ construction activity seen rebounding after slump
Tue, 17th Feb 2015
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edutech
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supply chain & logistics
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healthtech
New Zealand construction activity is rebounding from a slump during the recession as private sector work picks ups, according to a property consult.
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Evolve on track to secure 85 kindergartens by end of March, eyes more centres
Tue, 17th Feb 2015
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shares
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asx
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evolve education group
Evolve Education Group, the listed childcare business, said it's on track to settle its acquisitions as forecast in its prospectus and is eyeing fu.
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Dick Smith's NZ 1H sales fall, margins shrink in competitive market
Tue, 17th Feb 2015
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nzx
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dick smith
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retailers
Dick Smith Holdings says its New Zealand unit's margins shrank and sales fell in a competitive market and and a deterioration in consumer sentiment.
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Pacific Brands halves 1H loss; repays debt with asset sale proceeds
Tue, 17th Feb 2015
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supply chain & logistics
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pacific brands
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inventory management systems
Pacific Brands, the Australian apparel business whose stable of brands include Bonds, Berlei and Sheridan, halved its first-half loss as it took sm.