Stories by Pattrick - Page 48
Smiths City starts search for new CEO after Hellings signals exit
Wed, 12th Nov 2014
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shares
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utilico investments
Smiths City Group, the Christchurch-based retail chain, is looking for a new chief executive after long-serving head Rick Hellings said he plans to.
Fonterra shareholders use AGM to flag concern over lower milk payout
Wed, 12th Nov 2014
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strategy
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transparency
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investment
Fonterra Cooperative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout, the dair.
NZ dairy farmers strong enough to weather one bad season, RBNZ's Spencer says
Wed, 12th Nov 2014
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cash flow
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palm
New Zealand's dairy farmers have strong enough balance sheets to cope with one season of low payout, but could struggle if they have to tighten the.
Treasury advised to revisit work on deposit insurance
Wed, 12th Nov 2014
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apm
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cleantech
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software development
A review of the Treasury's fiscal policy advice has recommended the government's financial adviser revisits its work on deposit insurance in tandem.
BurgerFuel more than doubles 1H earnings on store openings
Wed, 12th Nov 2014
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shares
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restaurants
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fy
BurgerFuel Worldwide, the NZAX-listed fast food chain, more than doubled first-half earnings as it opened seven new stores in the period, lifting s.
UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain
Wed, 12th Nov 2014
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new zealand dollar
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property market
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immigration
The Reserve Bank will retain restrictions on low-equity mortgage lending because governor Graeme Wheeler continues to see risks in the housing mark.
Pyne Gould censured, fined, for breaching corporate governance rules
Wed, 12th Nov 2014
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pwc
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nzx
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stock exchange
Pyne Gould Corp, which lost one of its New Zealand resident directors in July, was censured and fined by the stock exchange disciplinary body for b.
Kiwi Income boosts first-half earnings on management savings, Sylvia Park rental growth
Wed, 12th Nov 2014
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cba
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trust
Kiwi Income Property Trust, the country's second-largest property trust by market capitalisation, reported a 12.
NZ dollar soars to 7-year high against weak yen on Abe poll plans
Wed, 12th Nov 2014
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new zealand dollar
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kiwi
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anz bank
The New Zealand dollar soared to the highest in more than seven years against the yen on reports Prime Minister Shinzo Abe will call a snap electio.
Just Water independent directors accept founder's 15 cents per share takeover offer
Tue, 11th Nov 2014
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nzx
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shareholders
Just Waters International's independent directors have recommended shareholders accept founder and majority investor Tony Falkenstein's takeover bi.
UPDATE: Infratil plans $120M return to shareholders; shares gain
Tue, 11th Nov 2014
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capital management
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shares
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infratil
Infratil shares rose to the highest in more than seven years after the infrastructure investor said it would return $120 million to investors via a.
UPDATE: Weekly rental increases hit city-dwellers rather than the provinces
Tue, 11th Nov 2014
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trade me
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property market
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money management
Urban renters feel the pinch as weekly rental costs soar by 6.4%, with cities facing sharper increases compared to provincial areas.
CORRECT: SPI's Alcock, Knight to repay $1.08 mln, banned from directorships for 5 years
Tue, 11th Nov 2014
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risk & compliance
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management
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investors
Murray Alcock and Allister Knight, directors of the various SPI group of companies, have been ordered by the Financial Markets Authority to repay i.
RBNZ seeks stronger regulatory oversight of payment systems
Tue, 11th Nov 2014
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martech
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commerce systems
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risk & compliance
The Reserve Bank wants stronger oversight of the nation's payment systems, with a particularly focus on managing risks from the global infrastructu.
MARKET CLOSE: NZX 50 rises to record on yield appetite; Spark, Fletcher gain
Mon, 10th Nov 2014
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healthtech
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stock market
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early childhood education
New Zealand shares rose to a fresh record, paced by Spark New Zealand, Fletcher Building and Contact Energy, as investors continued to be drawn to.
NZ dollar gains after upbeat Chinese exports, softer US employment
Mon, 10th Nov 2014
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kiwi
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brokers
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payroll
The New Zealand dollar gained after Chinese data showed better-than-expected export figures and after Friday's lower-than-anticipated jobs growth i.
Connor to buy AMP Capital's Acurity stake after agreeing to issue of taxable shares
Mon, 10th Nov 2014
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healthtech
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commerce commission
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amp capital
Connor Healthcare, which is aiming to buy the 29 percent of Acurity Health Group it doesn't already own, has gained agreement from AMP Capital to s.
Environmental lobbies seek input on nitrogen tweak in Ruataniwha dam
Mon, 10th Nov 2014
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jobs
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federated farmers
Environmental groups want to have their say on a late tweak to the conditions imposed on the proposed $230 million Ruataniwha dam in Hawke's Bay in.
NZ Dollar Outlook: Kiwi may consolidate as RBNZ weighs in on upbeat trend
Mon, 10th Nov 2014
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rbnz
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new zealand dollar
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kiwi
The New Zealand dollar may hold around current levels this week as traders anticipate Reserve Bank governor Graeme Wheeler could take aim at its re.
IkeGPS snags former Apple executive Richard Mander, Trimble's Peter Shaw
Mon, 10th Nov 2014
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nzx
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shares
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us expansion
IkeGPS, the makers of remote measuring devices, has hired former Apple Inc executive Richard Mander and Trimble Navigation's Peter Shaw to join the.