Stories by Pattrick - Page 38
Connor Healthcare tries again for Acurity takeover
Wed, 17th Dec 2014
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healthtech
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commerce commission
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wellington hospital
The three biggest shareholders of Wellington hospital owner Acurity Health Group have put a second application to the Commerce Commission, reducing.
MARKET CLOSE: NZ shares fall with oil; OceanaGold, Fletcher slip; Air NZ gains
Wed, 17th Dec 2014
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nzx
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air new zealand
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wall street
New Zealand shares joined in a global sell off, led by OceanaGold Corp and Fletcher Building, as investors were spooked by a falling oil price.
RESEND: MARKET CLOSE: NZ shares rise; Spark, Argosy gain on yield hunger
Wed, 17th Dec 2014
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chorus
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nzx
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wynyard group
New Zealand shares rose, paced by Argosy Property and Spark New Zealand, as investors sought safer equities in globally choppy markets.
NZ dollar pares gain ahead of Fed meeting
Wed, 17th Dec 2014
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new zealand dollar
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us federal reserve
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nz dollar
The New Zealand dollar pared overnight gains in local trading as investors look to the outcome, tomorrow morning, local time, of the last US Federa.
Chorus credit rating outlook upgraded to 'stable'
Wed, 17th Dec 2014
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uc
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chorus
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commerce commission
Chorus, the telecommunications network operator, has been given some breathing room from Moody's Investors Service, which has upgraded the outlook.
FMA leaves civil claim against SCF to Crown Asset Management
Wed, 17th Dec 2014
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government
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financial markets authority
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serious fraud office
The Financial Markets Authority won't chase South Canterbury Finance in a civil claim, saying it can't justify the cost of doing so and leaving it.
ACCC appeals Air NZ, PT Garuda win in Australian cartel case
Wed, 17th Dec 2014
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air new zealand
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lawsuit
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shares
The Australian Competition and Consumer Commission is appealing am Australian Federal Court ruling clearing carriers Air New Zealand and PT Garuda.
Postie to launch new brands, tapping South African owner's supply chain
Wed, 17th Dec 2014
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postie
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banking
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retailers
Postie, the retail chain bought out of administration by South African retailer Pepkor, is betting on its new owner's economies of scale to boost s.
NZ dollar gains as Russian rate hike, upbeat European data sap greenback
Wed, 17th Dec 2014
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar gained in volatile markets after Russian policymakers hiked interest rates to shore up a tumbling ruble and European data be.
NZ dollar little changed ahead of Fonterra milk auction
Tue, 16th Dec 2014
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new zealand dollar
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inflation
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nz dollar
The New Zealand dollar was little changed ahead of the next GlobalDairyTrade auction, the first since dairy exporter Fonterra Cooperative Group sla.
Buller loses bid to claw back interest on $4 million from Brightwater over escarpment plans
Tue, 16th Dec 2014
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financing
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shares
Buller Coal, the would-be Denniston Plateau coal miner owned by Bathurst Resources, has lost an application in the High Court to claim interest on.
Vodafone NZ appoints expat Mark Aue as new CFO after de la Feunte returns to Spain
Tue, 16th Dec 2014
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uc
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chorus
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telstraclear
Vodafone New Zealand, the country's biggest mobile phone operator, has appointed expatriate Mark Aue as its new chief financial officer, replacing.
MRP to quit Chilean, German geothermal investments, sticks with US plant
Tue, 16th Dec 2014
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stock market
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private equity
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partners
MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will quit its geothermal investments in Chile.
Tower talks down impact of Supreme Court valuation ruling
Tue, 16th Dec 2014
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shares
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investment
Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.
NZ dollar falls as traders eye Fed meeting
Mon, 15th Dec 2014
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new zealand dollar
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us federal reserve
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kiwi
The New Zealand dollar fell as traders mulled the prospects for an optimistic US Federal Reserve primed to raise interest rates when it reviews pol.
Greenback slips to third in NZ's expanded TWI, yuan at second
Mon, 15th Dec 2014
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rbnz
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australian dollar
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services
The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17.
Trustpower committed to Australian renewables projects
Mon, 15th Dec 2014
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power / energy
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cleantech
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meridian energy
Tauranga-based electricity company Trustpower says it remains committed to its renewable energy projects in Australia, in spite of the uncertainty.
Wellington airport snares new Fiji short-haul route
Mon, 15th Dec 2014
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wellington city council
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environmental protection authority
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market growth
Fiji Airways, the Pacific nation's national airline, will launch direct flights between Wellington and Nadi from June next year as it looks to exte.
Cooks Foods widens 1H loss, as it buys Canadian franchise, chases ME, China sales
Mon, 15th Dec 2014
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shares
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growth
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founders
Cooks Global Foods widened its first-half loss after buying the Canadian franchise rights to Esquires Coffee Houses, completing its ownership of th.
Pulse Energy sinks deeper into the red as old electricity derivatives weigh
Mon, 15th Dec 2014
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customers
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growth
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revenue
Pulse Energy, the electricity retailer controlled by lines company Buller Electricity, sank deeper into the red in the first half as historical ele.