Stories by Pattrick - Page 40
Bunnings triples annual profit in NZ as pickup in construction spurs demand
Wed, 10th Dec 2014
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sales
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fletcher building
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property market
Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.
Govt to keep joint and several liabilty, tasks officials to look at tweaks
Wed, 10th Dec 2014
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government
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economy
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bilt
The government plans to keep the existing rules governing how multiple defendants are treated in the legal system, though wants officials to have a.
High Court makes declarations on EQC flooding risk policy
Wed, 10th Dec 2014
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earthquakes
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earthquake commission
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security vulnerabilities
The High Court in Wellington has made a number of declarations outlining how the Earthquake Commission can deal with claims stemming from loss of l.
Hallenstein Glasson sales up on last year, margins improve, chairman Bell says
Wed, 10th Dec 2014
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data analytics
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planning
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bi
Hallenstein Glasson, the clothing chain, said sales are tracking above last year after four months of trading and margins have improved, though the.
NZ govt deficit bigger than expected as Solid Energy indemnity weighs
Wed, 10th Dec 2014
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new zealand superannuation fund
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fy
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economy
The New Zealand government's operating deficit was wider than expected in pre-election forecasts as income tax lagged forecast and an indemnity for.
NZ shares gain as F&P Healthcare at record on weak kiwi, Air NZ fuel costs drop
Tue, 9th Dec 2014
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fintech
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financial systems
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healthtech
New Zealand shares rose as the declining kiwi dollar boosted companies that get their revenue in US dollars, such as Fisher & Paykel Healthcare, an.
NZ dollar falls to new 2 1/2-year low as Fonterra payout review looms
Tue, 9th Dec 2014
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kiwi
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hospitality
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farming
The New Zealand dollar fell to a two-and-a-half year low as investors wait for Fonterra Cooperative Group's board to reassess the forecast payout t.
Fonterra shifts 'silo' culture since WPC food scare
Tue, 9th Dec 2014
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it training
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food safety
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training
Fonterra addresses its silo culture post-WPC scare, embracing comprehensive changes to bolster food safety and foster cohesion.
Whey protein inquiry calls for tighter rules after missteps lead to botulism scare
Tue, 9th Dec 2014
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risk & compliance
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funding
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food safety
Stage two of a government inquiry into Fonterra Cooperative Group's whey protein contamination scare has recommended the Ministry for Primary Indus.
NZX to launch two Aust ETFs; Craigs appointed market maker
Tue, 9th Dec 2014
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physical security
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nzx
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shares
NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, will launch two new exchange traded funds giving investor.
NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake
Tue, 9th Dec 2014
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investment
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capital raising
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revenue
The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.
NZ Police leans on Vodafone mobile devices in bid to cut back paperwork
Mon, 8th Dec 2014
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mobility
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applications
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smart devices
New Zealand Police is targeting more productivity gains in one of the world's biggest deployments of handheld smart devices, working on new applica.
MARKET CLOSE: NZ shares rise; ANZ, Westpac gain, Pacific Edge up on new test
Mon, 8th Dec 2014
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construction
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stock market
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oem
New Zealand shares rose, led by Australia and New Zealand Banking Group and Westpac Banking Corp after an Australian report proposed restrictions o.
NZ dollar drops to 2 1/2 year low as Fonterra, RBNZ loom; strong US jobs
Mon, 8th Dec 2014
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kiwi
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farming
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investors
The New Zealand dollar dropped to a two-and-a-half year low as investors mull the likelihood of a lower dairy payout when Fonterra Cooperative Grou.
UPDATED: Yealands Wine hires UBS for capital raising advice
Mon, 8th Dec 2014
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capital
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ipo
Yealands Wine Group, New Zealand's sixth-largest wine exporter, has hired investment bank UBS to advise on capital-raising options, including an in.
Rangatira holds first-half dividend at 20 cts
Mon, 8th Dec 2014
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fintech
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financial systems
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xero
Rangatira, the Wellington-based investment group, kept its first-half dividend unchanged at 20 cents a share after posting a drop in first-half pro.
NZ manufacturing sales rise 0.4% in 3rd-qtr, as metal offsets slide in dairy, meat
Mon, 8th Dec 2014
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sales
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demand
New Zealand manufacturing sales rose in the third quarter as an increase in output of metal building products offset a decline in volumes for both.
UPDATE: NZX to spend up to $35 mln for fund manager SuperLife
Mon, 8th Dec 2014
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shares
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low cost
NZX, the stock market operator, will spend up to $35 million buying fund manager and KiwiSaver provider SuperLife as part of a plan to capture the.
World Week Ahead: Interest rates in focus
Mon, 8th Dec 2014
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inflation
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us federal reserve
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employment
Global markets continue to push higher on economic data and the week ahead should be no exception, though investors hope the data will bring furthe.
Fletcher appoints Spaniard Irazusta to lead light building products unit
Fri, 5th Dec 2014
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sealord
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shares
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fletcher building
Fletcher Building, the country's biggest listed company, has appointed a former senior executive at CRH, a Dublin-based building materials group,,t.