Stories by Pattrick - Page 42
NZ dollar gains as employment figures point to strengthening labour market
Wed, 5th Nov 2014
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migrants
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investors
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exporting
The New Zealand dollar rose more than half a US cent after government figures showed growing strength in the labour market as local employers soak.
GlycoSyn seeks new customers for drug ingredient worth 20 times more than gold
Wed, 5th Nov 2014
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physical security
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cancer
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intellectual property
GlycoSyn is seeking new global customers for kifunensine, a key ingredient in the manufacture of a drug for the treatment of rare genetic disorders.
Nuplex sees 8.2 % earnings growth in 2015FY as it restructures ANZ
Wed, 5th Nov 2014
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shares
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nuplex industries
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russia
Nuplex Industries eyes 8.2% earnings boost in 2015 as it hones focus on global resins, offloading ANZ businesses.
Restaurant Brands pays $10.5M to take over operation of Carl's Jr burger chain in NZ
Wed, 5th Nov 2014
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market competition
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fy
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employment
Restaurant Brands New Zealand, the nation's largest fast food operator, agreed to buy seven Carl's Jr stores owned and operated by Forsgren NZ for.
NZX trading volumes rise in October, boosted by smaller value trades
Wed, 5th Nov 2014
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shares
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trades
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capital raising
The volume of trades on the New Zealand stock exchange increased in October, boosted by a rise in lower value equity transactions and more trading.
Commerce Commission clears Wotif, Expedia merger
Wed, 5th Nov 2014
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commerce commission
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expedia
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market competition
NZ's Commerce Commission approves Expedia and Wotif merger, dismissing fears of higher commissions in the online travel market.
MARKET CLOSE: NZ shares extend gains as NZOG signals capital return
Tue, 4th Nov 2014
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meridian energy
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vital healthcare property trust
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nz
New Zealand shares rose, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return.
NZ dollar falls vs. A$ after RBA tones down rhetoric; dairy auction looms
Tue, 4th Nov 2014
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new zealand dollar
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australian dollar
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kiwi
The New Zealand dollar fell against its trans-Tasman counterpart after the Reserve Bank of Australia toned down its rhetoric in calling its currenc.
Goldsmith approves second tranche of FMCA regulation
Tue, 4th Nov 2014
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licensing
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peer-to-peer lending
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regulation
The second phase of regulation of the Financial Markets Conduct Act, which overhauled the decades old Securities Act, has been approved by newly in.
RESEND: Canterbury University gets funding to develop user-friendly wearable computers
Tue, 4th Nov 2014
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google glass
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university of canterbury
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google
Two University of Canterbury researchers have received $870,000 in Marsden funding over three years to research how engineering and psychology coul.
NZ dollar drops below 77 US cents in line with weaker Aussie
Tue, 4th Nov 2014
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new zealand dollar
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australian dollar
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australian bureau of statistics
The New Zealand dollar dropped below a key support level of 77 US cents to touch its lowest in more than a year as it was weighed down by a weaker.
Lanzatech, Indian researchers develop new way of producing omega-3 fatty acids
Tue, 4th Nov 2014
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callaghan innovation
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lanzatech
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nz
LanzaTech, the New Zealand-founded carbon recycling company, and a research team from India's IOC-DBT Center for Advanced Bio-Energy Research have.
NZ Super Fund ends AMP Capital's 12-year mandate
Mon, 3rd Nov 2014
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new zealand superannuation fund
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amp capital
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fy
The New Zealand Superannuation Fund, which was set up to partially fund the cost of a ballooning baby boomer pension bill, has ended a 12-year mand.
NZ govt's social housing plans aim to alleviate poverty, PM Key says
Mon, 3rd Nov 2014
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housing
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community
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government
The government's plan to increase the private provision of state-housing is part of a wider goal to alleviate the country's most vulnerable by putt.
MARKET CLOSE: NZX 50 rises to record on yield hunt; Heartland, Genesis, Spark gain
Mon, 3rd Nov 2014
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stock market
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financial services
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ndi
New Zealand shares rose, pushing the NZX 50 Index to its eighth consecutive record close, after Heartland New Zealand affirmed guidance.
Westpac NZ margins squeezed by shift to fixed rate mortgages, increased rivalry
Mon, 3rd Nov 2014
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digital banking
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self-service
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fy
The switch from floating to fixed interest rates mortgages has impacted Westpac New Zealand's net interest margin,which fell six basis points in th.
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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investment
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fletcher building
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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nz
Countdown sees 1.1% sales surge in 1Q as new outlets bloom amidst sluggish 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
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ndi
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
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ndi
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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growth
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mortgage
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ndi
Robert Jesudason, an executive at Commonwealth Bank Australia, has resigned from the board of the Australian bank's New Zealand arm, ASB Bank.