Stories by Pattrick - Page 30
Sky City 1H profit falls 11% as Adelaide weighs
Wed, 11th Feb 2015
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skycity
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new zealand dollar
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investment
Sky City Entertainment Group, New Zealand's only listed casino company, posted an 11 percent decline in first-half profit as it got less benefit th.
NZX's SuperLife may end up controlling unprofitable, cash-strapped Energy Mad
Wed, 11th Feb 2015
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energy mad
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superlife
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banking
SuperLife, the funds management firm acquired by NZX in December, may end up with a controlling stake in unprofitable lightbulb maker Energy Mad af.
Airwork affirms annual profit growth forecast; flags slowdown in helicopter trading
Wed, 11th Feb 2015
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shares
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airwork
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guidance
Airwork Holdings, the listed aviation business, still expects annual earnings to climb 48 percent this financial year even as a slowdown in helicop.
NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields
Wed, 11th Feb 2015
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.
While you were sleeping: Optimism for Greek debt deal
Wed, 11th Feb 2015
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exxon mobil
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economy
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industrial
Equities on both sides of the Atlantic advanced amid speculation Greece and its international lenders will reach a deal soon that would safeguard t.
Millennium & Copthorne lifts annual profit 11%, on the back of CDL gains
Tue, 10th Feb 2015
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shares
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stock market
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tourism
Millennium & Copthorne Hotels New Zealand, one of New Zealand's largest hotel operators, has lifted annual profit 11 percent and its dividend after.
NZ dollar may extend gains as traders question greenback's ability to keep rising
Tue, 10th Feb 2015
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microsoft
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google
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new zealand dollar
The New Zealand dollar may extend its gains, buoyed by a recovery in dairy prices, relatively high interest rates and questions about the greenback.
National 'won't walk away' from SkyCity convention centre deal, says Little
Tue, 10th Feb 2015
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government
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auckland council
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labour party
The government will do whatever it can to ensure the Auckland convention centre is built under a deal with SkyCity Entertainment Group, said Labour.
RESEND: NZ councils in good financial health with debt costs dropping but future funding still a concern
Tue, 10th Feb 2015
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risk & compliance
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local government
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risk management
A funding review of New Zealand local councils shows debt is less than forecast and all are operating within their financial covenants.
Spark's Revera sued by consultant claiming fee related to 2012 sale
Tue, 10th Feb 2015
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revera
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lawsuit
Revera faces a lawsuit from consultant Wilhelmus Giesbers, who alleges a missed USD $3.1 million commission from Revera's 2013 sale to Spark New Zealand.
NZ government names taskforce to slash property sector red tape
Tue, 10th Feb 2015
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physical security
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local government
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development
Paula Bennett, minister of local government, has appointed a rules reduction taskforce with the intent to slash regulatory red tape in the property.
Enprise could raise $4.8 million in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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fintech
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financial systems
Enprise Group, the software company that listed on the NZAX in December, may raise as much as $4.8 million in a share purchase plan to fund its expans.
Enprise could raise $4.8 mln in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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contact centre
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enprise group
Enprise Group plans to raise up to NZD $4.8 million through a share purchase plan, offering new shares to fund expansion and potential acquisitions.
Argosy buys 5 Wellington industrial properties for $59 million
Tue, 10th Feb 2015
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argosy property
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banking
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industrial
Argosy Property, the listed property investor, has spent $59 million buying five industrial sites in Wellington as part of a plan to reduce exposur.
NZ dollar rebounds to pre-OCR levels as higher yields lure investors
Tue, 10th 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 has regained ground lost after the Reserve Bank moved its policy to neutral late last month, as investors are attracted to t.
While you were sleeping: Uncertainty on the rise
Tue, 10th Feb 2015
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wall street
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thomson reuters
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industrial
Wall Street moved lower alongside European equities amid increasing concern about a standoff between Greece and its international creditors.
NZ dollar gains as Greek talks with eurozone officials eyed
Mon, 9th Feb 2015
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new zealand dollar
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kiwi
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retailers
The New Zealand dollar gained, clawing back much of the ground lost in the wake of a stronger-than-expected US jobs report as traders eye developme.
MARKET CLOSE: NZ shares fall; Spark, Precinct, Meridian decline as yield hunt wanes
Mon, 9th Feb 2015
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nzx
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air new zealand
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meridian energy
New Zealand shares fell from a record close paced by Meridian Energy, Precinct Properties New Zealand and Spark New Zealand, as the appetite for re.
UPDATE: Van Heeren's former business partner Michael Kidd seeks US$25M
Mon, 9th Feb 2015
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partners
South Africa-based Michael Kidd is seeking US$25 million from his former partner, high-flying businessman Alex van Heeren, who is disputing they ev.
Salt Funds emerges as one of the biggest holders of Methven with 7.8% stake
Mon, 9th Feb 2015
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shares
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fletcher building
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salt funds management
Salt Funds Management has cemented its position as a key player by acquiring a 7.8% share in Methven, betting on the company's growth.