Stories by Pattrick - Page 7
Fletcher performance shows building products not all plain sailing as Carter mulls IPO
Tue, 7th Apr 2015
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ipo
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shares
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sales
Fletcher Building's shares missed out on the rally in New Zealand shares in the past five years and Graeme Hart's Carter Holt Harvey will face similar.
Barfoot breaks records for Auckland home sales in March
Tue, 7th Apr 2015
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housing
Auckland house sales volume and average prices rose to a record last month, with buyers undeterred by soaring prices in the face of relatively low bor.
Veritas says failure of four Mad Butcher franchisees 'coincidence of timing'
Tue, 7th Apr 2015
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veritas
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veritas investments
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liquidation
Veritas Investments, the food and beverage investor, has responded to media reports about the financial health of its Mad Butcher brand by saying the.
Dulux takes $15.2 million hit in IRD tax dispute
Tue, 7th Apr 2015
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tax
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ird
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asx
DuluxGroup settles a long-standing tax dispute with New Zealand's IRD, taking a USD $15.2 million hit to cover provisions, including USD $8.9 million in cash.
Fonterra mulls $250M bond sale, third issue for NZX debt market
Tue, 7th Apr 2015
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fonterra
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banking
Fonterra Cooperative Group, the world's biggest dairy exporter, may sell $250 million of six-year bonds in what would be its third security listed on.
'Unresponsive' Pyne Gould censured again by NZX Tribunal
Tue, 7th Apr 2015
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nzx
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financial markets authority
Pyne Gould Corp, whose 2014 accounts are being looked into by the Financial Markets Authority, has been censured by the NZ Markets Disciplinary Tribun.
NZX share trading rises for second month in March
Tue, 7th Apr 2015
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nzx
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stock market
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investment
The volume and value of cash trading on New Zealand's stock market rose for the second consecutive month in March as the NZX 50 Index rose to record l.
NZ dollar holds near parity with Australian dollar, may breach if RBA cuts rate
Tue, 7th Apr 2015
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new zealand dollar
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australian dollar
The New Zealand dollar traded near parity with the Australian dollar and may break through A$1 should the Reserve Bank of Australia cut its cash rate.
World Week Ahead: Dudley saves the day
Tue, 7th Apr 2015
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wall street
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aras
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economy
Wall Street advanced, shrugging off earlier declines following Friday's disappointing US jobs report, after New York Fed President William Dudley sugg.
NZ lamb wool prices fall as lower Aussie dollar lures Chinese buyers
Fri, 3rd Apr 2015
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new zealand dollar
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agrihq
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demand
New Zealand lamb wool prices fell as Chinese buyers of the fibre favoured the Australian market as a decline in the Aussie dollar made that country's.
NZ dollar rises to post-float high vs. Australian dollar
Thu, 2nd Apr 2015
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hcm
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payroll systems
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new zealand dollar
The New Zealand dollar rose to a new post-float high against the Australian dollar as traders looked ahead to non-farm payrolls data in the US and wha.
MARKET CLOSE: NZ shares fall, led by A2, Meridian
Thu, 2nd Apr 2015
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fintech
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financial systems
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xero
NZ shares fell mildly, driven by declines in A2 Milk and Meridian Energy. The NZX 50 Index dipped by 4.188 points amid light pre-Easter trading.
Drones trials for Kiwi forestry management
Thu, 2nd Apr 2015
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drones
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trade me
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flirtey
New Zealand is at the forefront of testing unmanned aerial flights and is set to have the world's first regulatory framework that allows beyond line o.
NZ's 'basketcase' bee industry seeks govt help to get national body, levies
Thu, 2nd Apr 2015
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green party
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bee industry group
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retailers
Representatives of New Zealand's fragmented bee industry have called on government support to reintroduce commodity levies for honey and the creation.
F&P Appliances see records surge in global sales, narrows full-year loss
Thu, 2nd Apr 2015
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tax
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sales
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market
Fisher & Paykel Appliances narrowed its full-year loss in 2014 after sales growth across all its markets helped drive a surge in revenue.
Chatham Rock proposes reverse listing wider mandate
Thu, 2nd Apr 2015
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nzax
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shares
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chatham rock phosphate
Chatham Rock Phosphate, which was turned down for a consent for seabed mining, has proposed a deal with associate Aorere Resources which would turn Ch.
Chch’s Science Alive to help sci-tech centres in China’s Gansu
Thu, 2nd Apr 2015
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construction
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investment
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development
Christchurch mayor Lianne Dalziel has signed a memorandum of understanding with her counterparts in China's Gansu that will see local science and tech.
NZ Super Fund suspends Milford's mandate as FMA probe continues
Thu, 2nd Apr 2015
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cloud services
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new zealand superannuation fund
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financial markets authority
The Guardians of New Zealand Superannuation, tasked with managing the New Zealand Superannuation Fund, has suspended its investment mandate with Milfo.
Fonterra likely to increase farmer payout for the 2015/16 season, economists say
Thu, 2nd Apr 2015
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fonterra
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new zealand dollar
Fonterra Cooperative Group is likely to increase its forecast payout to dairy farmers next season by enough to make production profitable for most far.
F&P Appliances records surge in global sales, narrows full-year loss
Thu, 2nd Apr 2015
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fisher & paykel finance
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r&d
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expenses
Fisher & Paykel Appliances, the Auckland-based manufacturer and consumer credit company owned by China's Haier Group, narrowed its full-year loss in 2.