Stories by Pattrick - Page 26
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.