Stories by Pattrick - Page 29
NZ manufacturing activity falls to 2-year low in January as production drops
Thu, 12th Feb 2015
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it in manufacturing
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bnz
New Zealand manufacturing activity fell to a two-year low in January, as production declined for the first time in two-and-a-half years, new orders.
RESEND: LIC lifts first-half profit 10% on demand for dairy breeding technology
Thu, 12th Feb 2015
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nzx
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sales
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livestock improvement corp
Livestock Improvement Corp, a farmer cooperative that sells bull semen and provides a dairy genetics database, posted a 10 percent gain in first-ha.
NZ dollar rises to 5-week high vs Aussie ahead of labour market data
Thu, 12th 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 jumped to its highest in almost five weeks against the Australian dollar, edging closer to its post-float high, as investors.
While you were sleeping: Greek talks continue
Thu, 12th Feb 2015
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personal computing devices
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apple
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solar power
Equities moved lower as investors remained focused on an outcome of Greek efforts to renegotiate the deals of its bailout which puts the euro at ri.
MARKET CLOSE: NZ shares rise; SkyCity gains on Key's hint of convention funding
Wed, 11th Feb 2015
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skycity
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hotels
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industrial
New Zealand shares rose, paced by Sky City Entertainment Group after Prime Minister John Key said he wouldn't rule out government funding to help i.
English flags further macroprudential tools may be needed to cool housing market
Wed, 11th Feb 2015
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rbnz
Minister of Finance Bill English says the government is heeding the Reserve Bank of New Zealand's call for more housing in Auckland's bubbling real.
NZ dollar gains vs. Australian dollar on divergent central banks
Wed, 11th Feb 2015
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nz dollar
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banking
The New Zealand dollar extended its gains against the Australian dollar as divergent policy positions of the two countries' central banks boosted t.
NZ house sales rise 2.6% in January, median price dips from December
Wed, 11th Feb 2015
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property market
New Zealand residential property sales rose in January from the same month last year, while data confirmed house prices in Auckland continue to gal.
Scion joins KiwiNet consortium to boost forestry commercialisation
Wed, 11th Feb 2015
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kiwinet
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scoin
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partners
Crown Research Institute Scion is the latest organisation to join the Kiwi Innovation Network (KiwiNet), a consortium aimed at increasing the scale.
Shanton administrator says troubled clothing chain has $4.4 million shortfall in assets to debt
Wed, 11th Feb 2015
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shanton fashions
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holiday pay
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liquidation
Shanton Fashion's debt crisis deepens, with a reported £4.4m asset shortfall as creditors face a dire decision.
CORRECT: Suncorp posts 15% gain in first-half profit; flags potential reinsurance impact
Wed, 11th Feb 2015
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tax
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insurance
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vero
Suncorp's half-year profit soars by 15%, yet cautions over potential £118m reinsurance hit from past natural disasters.
SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
Vista agrees to buy US-based Ticketsoft, extending North American footprint
Wed, 11th Feb 2015
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data analytics
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martech
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commerce systems
Vista Group International, the cinema software and analytics company, has conditionally agreed to acquire Ticketsoft, a Dallas, Texas-based company.
English sets May 21 for National's seventh Budget
Wed, 11th Feb 2015
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national party
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inflation
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recession
Bill English confirms 21 May for the Budget, eyeing stronger public finances amidst global fiscal uncertainties.
Too much uncertainty downs seabed phosphate mining plan
Wed, 11th Feb 2015
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chatham rock phosphate
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iwi
Chatham Rock Phosphate seabed mining initiative declined due to uncertain impact on marine environment, says EPA.
RESEND: ASB first-half cash profit rises 9%, as favourable funding conditions fatten interest margin
Wed, 11th Feb 2015
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cba
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asb bank
ASB, the local unit of Commonwealth Bank of Australia, posted a 9 percent gain in first-half cash profit and said favourable funding conditions all.
Delegat first-half operating profit rose 1% to $20.5 mln, reiterates full-year guidance
Wed, 11th Feb 2015
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shares
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delegat
Delegat Group, New Zealand's largest listed wine company, said first-half operating profit rose 1 percent and it's on track to meet guidance for fu.
NZ retail spending on debit, credit cards rises 0.9% in January
Wed, 11th Feb 2015
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debit & credit cards
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spending
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transactions
New Zealanders increased their spending on debit and credit cards in January, led by consumables and durables, while spending on fuel fell for a th.
CORRECT: Augusta buys Christchurch industrial park $9.4 million
Wed, 11th Feb 2015
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shares
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augusta capital
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industrial
Augusta Capital has acquired a Christchurch industrial park for NZD $9.4 million, aiming to onsell the site through syndication.
Chatham Rock 'aghast' after EPA declines seabed mining consent; stock tumbles 95%
Wed, 11th Feb 2015
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government
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chatham rock phosphate
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epa
Environmental Protection Authority declines marine consent for Chatham Rock Phosphate, causing shares to plummet 95%.