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Pattrick Smellie

Former TechDay team member

Read the latest stories by Pattrick Smellie across the TechDay network.

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Global Stories

While you were sleeping: Stocks slide on car sales
Cisco

While you were sleeping: Stocks slide on car sales

Wall Street moved lower from record highs after disappointing car sales lowered the appeal of equities for now, as investors await a speech from Feder.

By Pattrick Smellie • 3 min read • Wed, 4th Mar 2015
Fonterra's Glencoal says Waikato coal mine not on hold, just delayed
Green Party

Fonterra's Glencoal says Waikato coal mine not on hold, just delayed

Fonterra Cooperative Group subsidiary Glencoal has denied suggestions it has put its plans for an open cast mine in the Waikato on hold indefinitely.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015
Weak global demand weighs on New Zealand sheep, cattle prices
Silver Fern Farms

Weak global demand weighs on New Zealand sheep, cattle prices

Weakening demand in China and Europe, combined with the impact of a nine-month port strike on the US West Coast, have eroded farmgate prices for sheep.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015
Carter Holt appeals failed strike-out bid in leaky schools case
EduTech

Carter Holt appeals failed strike-out bid in leaky schools case

Carter Holt Harvey, the building products supplier owned by billionaire Graeme Hart, is appealing its failed bid in the High Court to strike out a cla.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015
While you were sleeping: Records fall on Wall Street
Cisco

While you were sleeping: Records fall on Wall Street

Wall Street rose, with the Dow touching a record high and the Nasdaq climbing above 5,000 for the first time in fifteen years amid optimism about the.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015

Stories from Other Regions

NZX share trading climbs in February, equity market tops $100bln
NZX

NZX share trading climbs in February, equity market tops $100bln

The volume and value of cash trading on New Zealand's share market rose in February, snapping a decline a month earlier, and helped push the value of.

By Pattrick Smellie • 3 min read • Wed, 4th Mar 2015
Dairy product prices rise with butter and cheddar
NZX

Dairy product prices rise with butter and cheddar

Dairy product prices rose in the latest GlobalDairyTrade auction, as gains in the price of butter and cheddar outweighed declines in the price of anhy.

By Pattrick Smellie • 3 min read • Wed, 4th Mar 2015
MARKET CLOSE: NZ shares rise, led by Warehouse; Diligent falls on downgrade
NZX

MARKET CLOSE: NZ shares rise, led by Warehouse; Diligent falls on downgrade

New Zealand shares rose to a fresh record pushed higher by Warehouse Group after James Pascoe lifted its stake to become the second-biggest shareholde.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
NZ dollar falls vs. Australian dollar after RBA keeps rates on hold
New Zealand Dollar

NZ dollar falls vs. Australian dollar after RBA keeps rates on hold

The New Zealand dollar fell against its trans-Tasman counterpart after the Reserve Bank of Australia kept its key rate unchanged, while leaving open t.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015
RBA hold cash rate at 2.25%, says further easing 'may be appropriate'
Australian Dollar

RBA hold cash rate at 2.25%, says further easing 'may be appropriate'

The Reserve Bank of Australia held its cash rate unchanged, having cut the benchmark to a record low last month, saying further cuts may be appropriat.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
James Pascoe lifts Warehouse stake to 16.4%, buying Woolworths' shares
The Warehouse Group

James Pascoe lifts Warehouse stake to 16.4%, buying Woolworths' shares

James Pascoe, the retail group owned by David and Anne Norman, has lifted its holding in Warehouse Group to 16.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
Credit Suisse downgrades Diligent to neutral ahead of new product spending
Financial results

Credit Suisse downgrades Diligent to neutral ahead of new product spending

Diligent Board Member Services's plans to spend up ahead of its new product has seen the governance software developer's stock downgraded by Credit Su.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015
Blue Chip's Bryers accused of muddying Talos role
Insolvency

Blue Chip's Bryers accused of muddying Talos role

Former Blue Chip boss Mark Bryers was accused of contriving to present himself as a consultant to Talos Accounting Group, when he was actually running.

By Pattrick Smellie • 3 min read • Tue, 3rd Mar 2015
NZ property values rise at fastest pace in 5 months in February, led by Auckland

NZ property values rise at fastest pace in 5 months in February, led by Auckland

New Zealand residential property values rose at the fastest pace in five months in February, driven by strong demand in Auckland.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
Goodman to spend $28 million on three new developments
Shares

Goodman to spend $28 million on three new developments

Goodman Property Trust, New Zealand's largest listed property investor by market value, will spend $28 million on two new industrial plants and an off.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
NZ dollar declines against Aussie ahead of RBA interest rate decision
Reserve Bank of New Zealand

NZ dollar declines against Aussie ahead of RBA interest rate decision

The New Zealand dollar weakened against the Australian dollar as traders have already priced in an interest rate cut by the Reserve Bank of Australia.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
Govt resisting pressure to inject more cash into Solid Energy
Solid Energy

Govt resisting pressure to inject more cash into Solid Energy

NZ Prime Minister John Key says fresh capital injection into troubled state-owned coal miner, Solid Energy, not preferred option.

By Pattrick Smellie • 3 min read • Mon, 2nd Mar 2015
Television New Zealand 1st-half profit drops 5% on weaker ad revenue
TVNZ

Television New Zealand 1st-half profit drops 5% on weaker ad revenue

Television New Zealand, the state-owned broadcaster, posted a drop in first-half profit of about 5 percent as advertising revenue weakened and costs r.

By Pattrick Smellie • 2 min read • Mon, 2nd Mar 2015