Stories by Pattrick - Page 10
MARKET CLOSE: NZ shares rise as Fonterra Fund rebounds from low
Fri, 27th Mar 2015
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uc
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physical security
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vector
NZ shares climbed as the NZX 50 Index rose 0.4%, led by Fonterra's rebound from a record low, while Hallenstein Glassons surged 6.5% on robust profit figures.
NZ dollar gains vs. Australian dollar on iron ore weakness; Yellen awaited
Fri, 27th Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar gained against its Australian counterpart on sliding prices for iron ore exported to China, that nation's biggest market, while.
Failed Feltex case costs litigation funders $3.1M in costs, before disbursements
Fri, 27th Mar 2015
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lawsuit
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first nz capital
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forsyth barr
Former directors of Feltex Carpets and promoters of its 2004 initial public offering have been awarded a scaled-up $3.
NZ crossbred wool falls to two-month low amid stronger currency, weaker demand
Fri, 27th Mar 2015
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new zealand dollar
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wool
New Zealand crossbred wool, which accounts for the majority of New Zealand's production, fell to a two-month low at the South Island auction yesterday.
Inflation target at 2% risks overheated economy, says BNZ
Fri, 27th Mar 2015
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bnz
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rbnz
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new zealand dollar
Targeting 2 percent annual inflation could force the Reserve Bank of New Zealand to cut interest rates too sharply and overheat the economy, says Bank.
NZ milk powder futures drop as Fonterra lifts GDT volumes, signalling prices will fall
Fri, 27th Mar 2015
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fonterra
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demand
New Zealand whole milk powder futures dropped after Fonterra Cooperative Group said it will increase the volume of product it puts up for sale on the.
Hallenstein lifts profit 40% as it claws back market share
Fri, 27th Mar 2015
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hyperscale
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public cloud
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cloud services
Hallenstein Glasson, the fast-fashion clothing chain, lifted first-half profit 40 percent, beating its guidance, as it clawed back market share in a c.
NZX launches 3 new ETFs
Fri, 27th Mar 2015
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nzx
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shares
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superlife
NZX's Smartshares unit, which is being combined with new acquisition Superlife this year, is launching three more exchange traded funds, giving invest.
NZ dollar reverses overnight gain on weaker dairy price concerns
Fri, 27th Mar 2015
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new zealand dollar
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kiwi
The New Zealand dollar fell as dairy futures weakened, raising concern about the outlook for the country's largest export commodity.
While you were sleeping: Middle East concern lifts oil
Fri, 27th Mar 2015
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wall street
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dubai
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industrial
Oil rose while stocks fluctuated after Saudi Arabia and its Arab Gulf allies began air strikes on Yemen, bolstering concern about disruption of supply.
ComCom likely to approve Cavalier, NZ Wool Services to merge scouring operations
Thu, 26th Mar 2015
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commerce commission
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high court
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industrial
The Commerce Commission is likely to allow Cavalier Wool Holdings and New Zealand Wool Services International to merge their two wool scouring operati.
MARKET CLOSE: NZ shares fall, paced by Fletcher, Air NZ, Fonterra
Thu, 26th Mar 2015
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air new zealand
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wall street
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shares
New Zealand shares fell, paced by Fletcher Building and Air New Zealand, as a global sell off weighed on local stocks.
NZ dollar extends slide against euro, greenback as Yellen speech awaited
Thu, 26th Mar 2015
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new zealand dollar
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australian dollar
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kiwi
The New Zealand dollar extended its slide against the euro after a stronger-than-expected survey of German business confidence left traders short of t.
NZX plans to launch equity options trading on April 24
Thu, 26th Mar 2015
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risk & compliance
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nzx
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stock exchange
NZX, which operates New Zealand's stock market, plans to start offering equity options trading in three stocks as it seeks to develop the nation's cap.
SeaDragon signs new agreements for shark liver oil; costs jump in Nelson refinery
Thu, 26th Mar 2015
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data analytics
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martech
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planning
SeaDragon, which manufactures fish oil for health supplements, has terminated a contract with a charter vessel that supplied deep-sea shark liver oil.
New Zealand's commercial property lending less risky now due to lower debt funding
Thu, 26th Mar 2015
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rbnz
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institutional investors
The Reserve Bank said New Zealand's $180 billion commercial property sector has become less risky since the global financial crisis because a reduced.
Update: Hotchin settles with Perpetual before appeal to draw into FMA case
Thu, 26th Mar 2015
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fintech
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allied farmers
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has reached a confidential settlement with one of Hanover's trustees, Perpetual Trust, leav.
Hotchin drops Perpetual in appeal case
Thu, 26th Mar 2015
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fintech
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allied farmers
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financial markets authority
Mark Hotchin, principal of failed finance company Hanover, has abandoned his appeal against Perpetual Trust to include them in the Financial Markets A.
MetService expects FY earnings to drop on delay in inking new MoT contract
Thu, 26th Mar 2015
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metservice
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investment
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ministry of transport
Meteorological Service of New Zealand, the state-owned weather bureau, says annual earnings will be $2 million less than estimated because of delays f.
Kiwi company Milmeq wins innovation award after doubling export revenue in two years
Thu, 26th Mar 2015
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nzte
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milmeq
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investment
Milmeq, which designs, engineers and manufactures systems for primary food processing, has doubled export revenue in the past two years.