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Morrison making good progress after leukaemia treatment
Infratil says chief executive Lloyd Morrison is making good progress after undergoing treatment for leukaemia. The comment about the well-known Wellington businessman was made in the company's...
- NZPA Friday July 3, 07:33 PM -
Fonterra says it will fight commission ruling on statutory milk
Fonterra says it will appeal the Commerce Commission's latest ruling against it in a long-running series of disputes over supplying milk to smaller rivals."It is not fair for Fonterra farmers to be...
- NZPA Friday July 3, 06:59 PM -
Securities Commission takes no action against Plus SMS
The Securities Commission found Plus SMS Holdings Ltd misinformed the market in 2006 but said it had no power then to do anything about it.The regulator of securities markets said recent events...
- NZPA Friday July 3, 06:51 PM -
Drift lower by NZ sharemarket continues
The New Zealand sharemarket continued to drift lower today with good volume in Fletcher Building shares again a feature.The benchmark NZSX-50 index closed down 6.68 points, or 0.241 percent, at...
- NZPA Friday July 3, 06:20 PM -
NZ dollar weaker after poor US job stats
The New Zealand dollar weakened to a 10-day low today after the US dollar rose overnight on bleak US jobs data.By 5pm the NZ dollar was buying US62.98c, having dipped to US62.59c, its lowest since...
- NZPA Friday July 3, 05:54 PM -
Westpac fails in bid to recover cash from fraud
Westpac Bank has failed to persuade the Supreme Court to reverse a decision in lower courts that a solicitor should be liable for a mortgage fraud which cost it $180,000.The Supreme Court today...
- NZPA Friday July 3, 05:54 PM -
James Ogden appointed to board of The Warehouse
The Warehouse Ltd said it has appointed James Ogden as an independent director on its board.His appointment brings the number of non-executive, independent directors to six and the total board size...
- NZPA Friday July 3, 04:24 PM -
Energy Developments lets Archer Capital proceed to due diligence
Brisbane-based Energy Developments is letting potential bidder Archer Capital proceed to due diligence.Wellington-based infrastructure investor Infratil owns 32.1 percent of Energy Developments and...
- NZPA Friday July 3, 04:20 PM -
Moderate fall on NZ sharemarket early
The New Zealand sharemarket managed to record only moderate losses in early trading, after stock exchanges in the United States and Europe tumbled overnight.Around 10.15am, the benchmark NZSX-50...
- NZPA Friday July 3, 03:07 PM -
Bullish noises as real estate market stabilises
Latest figures show the Auckland housing market continued to stabilise in June, leading to bullish noises from within the industry and suggestions naysayers may be missing the mark.Real estate...
- NZPA Friday July 3, 03:07 PM -
Moderate improvement in broadband performance
New Zealand's broadband performance improved moderately in the March quarter, the latest quarterly report on broadband quality prepared for the Commerce Commission shows.At the same time, congestion...
- NZPA Friday July 3, 03:07 PM -
Hubbard injects $40m into South Canterbury Finance
Shareholder and chairman Allan Hubbard is putting $40 million of new capital into South Canterbury Finance and will provide further support if required.South Canterbury Finance has been the subject...
- NZPA Friday July 3, 02:50 PM -
Tiwai Pt aluminium smelter disputes $10m power bill
The Tiwai Pt aluminium smelter is disputing a $10 million bill for power it did not use for two months late last year after a transformer blew up.The issue, related to the failure of a power...
- NZPA Friday July 3, 11:25 AM -
NZ dollar falls further after poor US job stats
The New Zealand dollar fell to 10-day lows against the currencies of the United States and Japan, and to a three-week low against the euro, and further moves lower are thought likely.By 8am the NZ...
- NZPA Friday July 3, 09:08 AM -
NZ sharemarket retraces early lift to end lower
The New Zealand sharemarket drifted lower today and was deemed to be lacking direction by brokers.The benchmark NZSX-50 index closed down 12.184 points, or 0.438 percent, at 2768.185 after initially...
- NZPA Friday July 3, 06:17 AM
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