Stories by Pattrick - Page 51
NZ dollar touches month-low vs. greenback on optimism for US economy
Mon, 3rd Nov 2014
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spending
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kiwi
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brokers
The New Zealand dollar touched a month-low against the US dollar as the greenback broadly strengthened on optimism about the US economy and after t.
RESEND: Goodman enters JV with Singapore's GIC for Viaduct Quarter development
Mon, 3rd Nov 2014
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partner programmes
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fletcher building
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investment
Goodman Property Trust, the country's largest listed property investor by market capitalisation, has entered into a joint venture with Singapore's.
Countdown posts 1.1% rise in 1Q sales as new stores openings offset weaker prices
Mon, 3rd Nov 2014
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sales
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statistics nz
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countdown
Countdown saw a 1.1% boost in 1Q sales to NZD $1.5 billion, driven by new store openings, while comparable sales dipped 0.1% amid flat prices.
ASX-listed Inventis restructures ailing NZ unit after management buyout falls over
Mon, 3rd Nov 2014
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sales
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revenue
Inventis, the ASX-listed furniture and technology company, has restructured its unprofitable New Zealand unit, after talks to sell the business to.
NZ Dollar Outlook: Kiwi may decline as greenback rises ahead of jobs report
Mon, 3rd Nov 2014
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inflation
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growth
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brokers
The New Zealand dollar may decline as the US dollar continues to trend higher leading into a key jobs report, amid a slew of economic indicators an.
Pyne Gould shares resume trading after filing late annual report
Mon, 3rd Nov 2014
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pwc
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shares
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fy
Shares of Pyne Gould Corp, which is controlled by managing director George Kerr, have resumed trading after filing its late annual report, which wa.
UPDATE: Westpac NZ delivers 13% annual profit boost, as lending improves and bad debts fall
Mon, 3rd Nov 2014
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lending
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financial services
Westpac New Zealand, the local unit of Australia's Westpac Banking Corp, reported a 13 percent rise in annual cash earnings to $864 million helped.
ASB director Robert Jesudason resigns
Mon, 3rd Nov 2014
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cba
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growth
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mortgage
Robert Jesudason, an executive at Commonwealth Bank Australia, has resigned from the board of the Australian bank's New Zealand arm, ASB Bank.
Trustpower posts 16% gain in first-half profit, eyes Australian renewables
Mon, 3rd Nov 2014
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power / energy
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cleantech
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shares
Trustpower, the energy company controlled by Infratil, posted a 16 percent gain in first-half profit after lifting retail electricity sales and sai.
Westpac NZ second-half earnings increase 3% on growth in financial services, home loans
Mon, 3rd Nov 2014
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endpoint protection
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edr
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mobile solutions
Westpac New Zealand, the local unit of Australia's Westpac Banking Corp, reported a 3 percent rise in second-half earnings on the back of strong gr.
CORRECT: Xero 3Q cash burn accelerates for a second quarter
Mon, 3rd Nov 2014
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fintech
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financial systems
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xero
Xero, the cloud-based accounting firm, accelerated its quarterly cash burn in the September quarter from the June period as marketing spend and fit.
RIS shares face suspension over late annual report
Mon, 3rd Nov 2014
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shares
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shell
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trading
RIS Group, the NZAX-listed shell company, has until the end of the week to file its annual report with NZX or its shares will be suspended from tra.
NZ dollar jumps vs. yen after BoJ increases stimulus to boost inflation, growth
Mon, 3rd Nov 2014
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inflation
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kiwi
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growth
The New Zealand dollar jumped to a five-week high against the yen after the Japanese central bank unexpectedly expanded its monetary stimulus progr.
Countdown adds insurance services to supermarket offering
Mon, 3rd Nov 2014
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phone
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growth
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financial services
- Countdown, the New Zealand supermarket chain owned by Australian retailer Woolworths, is adding insurance services as it seeks to widen the offe.
CORRECT: China lifts temporary ban on Fonterra whey products but one by Russia remains
Sat, 1st Nov 2014
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nzx
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trade
Chinese authorities have lifted a temporary ban on the importation of Fonterra Cooperative Group's whey powder and dairy base powder used in the ma.
Has Trade Me founder invested in the next Xero...?
Fri, 15th Aug 2014
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fintech
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financial systems
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xero
Sam Morgan, who made his fortune when Trade Me was sold to Fairfax Media, has built a substantial shareholding in security software developer Wynyard.
Google NZ ups Kiwi tax payment...
Tue, 24th Jun 2014
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google
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government
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facebook
Google New Zealand's 2013 tax bill of NZD $227,074 pales against its global revenue of USD $15.42 billion for Q1 2014, stoking debate on fair taxation.
Renaissance likely to miss $1 million earn-out from Yoobee School of Design sale
Fri, 30th May 2014
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personal computing devices
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apple
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renaissance
Renaissance says it's unlikely to get a $1 million earn-out from the Yoobee School of Design because earnings are tracking below target.
Microsoft NZ / HP NZ results highlight move to cloud services
Thu, 29th May 2014
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microsoft
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cloud services
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hp
Microsoft NZ sees profit rise with cloud service demand, HP NZ battles losses amid falling PC sales, spotlighting industry's digital shift.
Renaissance capital return unlikely before June
Fri, 11th Apr 2014
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personal computing devices
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apple
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renaissance
Renaissance Corp shareholders might wait until June for payouts following company liquidation discussions, amidst wrapping up affairs.