Stories by Pattrick - Page 12
MightyRiverPower will close Southdown station at the end of 2015
Tue, 24th Mar 2015
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shares
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mighty river power
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employees
MightyRiverPower, whose first half earnings slumped as it wrote down the value of assets and exited its international geothermal interests.
Bohannan resigns from Bathurst Resources
Tue, 24th Mar 2015
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productivity
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solid energy
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bathurst resources
Hamish Bohannan resigns as CEO of Bathurst Resources, citing the company's put on hold expansion due to low coal prices.
NZ dollar hits new record against Aussie, stoking parity speculation
Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.
While you were sleeping: Mixed markets, weak dollar
Tue, 24th Mar 2015
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wall street
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us federal reserve
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industrial
Wall Street mostly moved higher, as the US dollar fell, amid expectations the Federal Reserve will lift interest rates more gradually than initially t.
UPDATE: RAM liquidators seek $954,000 investor withdrew in test case
Mon, 23rd Mar 2015
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pwc
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ram
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mental health
Liquidators of the Ross Asset Management group of companies are looking to claw back $954,000 one investor withdrew before the scheme collapsed.
MARKET CLOSE: NZ shares mixed; Spark gains, Kathmandu falls before earnings
Mon, 23rd Mar 2015
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uc
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telco
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nzx
NZ shares end mixed as Spark soars, Kathmandu slumps pre-earnings, amidst varied investor sentiment and currency impact.
NZOG closes in on 50% of Cue Energy
Mon, 23rd Mar 2015
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datacentre infrastructure
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power / energy
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cue energy
New Zealand Oil and Gas has increased its stake in Cue Energy Resources to 41.55%, getting closer to a key 50% threshold amidst its hostile takeover bid.
NZ dollar rises to new records vs. euro and Aussie
Mon, 23rd 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 rose to a new record against the euro ahead of a key meeting between Greek Prime Minister and German chancellor.
NZ-Korea FTA signed amid spying and lost sovereignty claims
Mon, 23rd Mar 2015
A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president.
Rabobank NZ profit rises 31% to record, sees 'sustained' milk price recovery in 2016
Mon, 23rd Mar 2015
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rabobank
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banking
Rabobank New Zealand said profit rose 31 percent to a record in 2014 as the local unit of Netherlands-based Rabobank Group increased rural sector len.
Auckland to Beijing direct connection as Air NZ, China Air tie up
Mon, 23rd Mar 2015
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air new zealand
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china air
Air New Zealand and China Air have agreed a new alliance that will deliver daily direct flights between Auckland and the Chinese capital, Beijing.
NZ export log prices record first drop in eight months as Chinese inventories build
Mon, 23rd Mar 2015
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agrihq
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demand
New Zealand export log prices dropped for the first time in eight months as shipments to China exceed demand, resulting in a build up of inventory.
2degrees unlikely to shake up landline prices, market commentators say
Mon, 23rd Mar 2015
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uc
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snap
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telco
2degrees' purchase of internet service provider Snap, which gives it a foothold in the landline market, is unlikely to deliver a big shake-up in price.
NZ Dollar Outlook: Traders split on kiwi direction amid volatility
Mon, 23rd Mar 2015
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housing
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new zealand dollar
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inflation
The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week.
Ross Asset Management liquidators seek $954,000 investor withdrew in test case
Mon, 23rd Mar 2015
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pwc
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mental health
Liquidators of the Ross Asset Management group of companies, found to be a ponzi scheme, are looking to claw back $954,000 one investor withdrew befor.
Auckland Airport international passenger numbers rise 5.4% in February, on jump in Chinese
Mon, 23rd Mar 2015
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shares
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auckland airport
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stock market
Auckland International Airport said international passenger numbers through New Zealand's busiest gateway rose 5.
NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly
Mon, 23rd Mar 2015
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outlook
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new zealand dollar
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agrihq
New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.
2degrees acquires Snap ISP for complete business offering
Mon, 23rd Mar 2015
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uc
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snap
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telco
2Degrees, New Zealand's third-largest mobile telecommunications provider, is to acquire Christchurch-based internet service provider, Snap, to allow.
NZ consumer confidence gains in March quarter in face of cheaper petrol, home loans
Mon, 23rd Mar 2015
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consumers
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banking
New Zealand consumer confidence rose in the first three months of the year, as Kiwis enjoyed cheaper fuel prices and lower fixed home-loan rates.
Pumpkin Patch says nothing certain after talk of approaches sends stock soaring
Mon, 23rd Mar 2015
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banking
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retailers
Pumpkin Patch, whose shares soared on Friday after the children's clothing retailer announced it was seeking proposals to acquire or refinance.