Stories by Pattrick - Page 42
Spark warns of price rises after copper decision pushes up costs; shares fall
Tue, 2nd Dec 2014
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uc
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telco
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investment
Spark New Zealand, formerly Telecom Corp, is reviewing its prices, saying today's Commerce Commission draft decision on wholesale copper line prici.
NZ tractor sales hit decade high in Q3 on record dairy payout, high kiwi
Tue, 2nd Dec 2014
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kiwi
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farming
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currencies
New Zealand tractor sales hit their highest level in a decade in the third quarter as farmers benefiting from this year's record milk payout and th.
UPDATE: Chorus shares jump after regulator lifts access pricing
Tue, 2nd Dec 2014
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uc
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telco
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ufb
Shares of Chorus, the regulated telecommunications network operator, jumped as much as 17 percent after the Commerce Commission lifted the prices i.
Tony Falkenstein to take over as JWI boss, as Ian Ormiston quits
Tue, 2nd Dec 2014
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dirty politics
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nzx
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stock exchange
Tony Falkenstein, founder and majority owner of Just Water International, will take over as head of the water cooler and supplies business after ch.
Small win for Chorus in Comcom draft decision on copper pricing
Tue, 2nd Dec 2014
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chorus
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commerce commission
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uba
Regulated telecommunications network operator Chorus had a small win in its long-running stoush with the Commerce Commission over the prices it can.
NZ dollar jumps vs yen after Moody's cuts Japanese credit rating
Tue, 2nd Dec 2014
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new zealand dollar
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kiwi
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moody's
The New Zealand dollar jumped against the yen after credit ratings agency Moody's Investors Service cut Japan's credit rating,The kiwi tou.
NZ dollar falls as US manufacturing data, Fed speakers loom
Mon, 1st Dec 2014
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar fell ahead of US manufacturing figures, which are expected to show industrial production is growing in the world's biggest e.
NZ set to gain market share in Chinese softwood log market, AgriHQ says
Mon, 1st Dec 2014
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market share
New Zealand, the largest supplier of softwood logs to China, is likely to continue to gain market share over the next five years, according to an i.
RBNZ constrained in influencing long-term rates, Wheeler says
Mon, 1st Dec 2014
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property market
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real estate
The Reserve Bank's influence over long-term interest rates is limited by global investor activity, and it may need to call on further macro-prudent.
World Week Ahead: Central bankers awaited
Mon, 1st Dec 2014
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inflation
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energy sector
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industrial
A flurry of central bank meetings and the latest US jobs data will draw the focus of attention in the coming days, while the price of oil will also.
China's crackdown on polluting tanneries, Russia sanctions drive record slump in lambskin prices
Fri, 28th Nov 2014
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market
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exports
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demand
Global lambskin prices have collapsed from the first quarter's record highs, as a Chinese crackdown on polluting tanneries and Russian trade sancti.
NZ dollar rises to record vs. ruble after OPEC decides not to cut oil production
Fri, 28th Nov 2014
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kiwi
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forex
The New Zealand dollar rose to a record against the Russian ruble amid concerns about the outlook for the Russian economy after OPEC decided agains.
NZ dollar gains, benefiting from weakness in other currencies
Thu, 27th Nov 2014
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kiwi
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investors
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currencies
The New Zealand dollar rose as investors look to exit currencies where central banks may continue with low interest rates and money printing progra.
NZ dollar to stay under pressure until December MPS
Wed, 26th Nov 2014
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new zealand dollar
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kiwi
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economy
The New Zealand dollar was little changed in local trading, and will likely remain under pressure as low inflation expectations and weak dairy pric.
UPDATE: MFAT chief John Allen leaves for NZ Racing Board
Wed, 26th Nov 2014
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racing
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law firms
The chief executive of the New Zealand Ministry of Foreign Affairs & Trade, John Allen, is resigning to head up the New Zealand Racing Board.
Tourism Holdings lifts annual profit forecast, shares rise
Wed, 26th Nov 2014
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shares
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sales
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m&a
Tourism Holdings, the biggest campervan rental company in Australia and New Zealand, said annual profit may rise as much as 44 percent on increased.
MRP rejects carbon farmer's carbon unit top-up claim, court hears
Wed, 26th Nov 2014
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shares
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carbon credits
MightyRiverPower has claimed in the High Court it shouldn't have to pay for carbon units issued for years prior to the start of its contract with N.
Pumpkin Patch stock sinks to record low on concern ailing retailer may seek more capital
Wed, 26th Nov 2014
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capital
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shares
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nz dollar
Pumpkin Patch shares fell to a record low on concern the unprofitable children's clothing chain may seek new capital to bolster its balance sheet a.
Dorchester more than doubles 1H earnings, raises annual profit guidance
Wed, 26th Nov 2014
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shares
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revenue
Dorchester Pacific, the finance and insurance firm buying Turners Group, more than doubled first-half earnings with the contribution from recent ac.
Vector cleared to buy Meridian's Arc metering business
Wed, 26th Nov 2014
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uc
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cx
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martech
Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business.