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GeoOp narrows full-year loss, meets guidance for post-InterfaceIT revenue

GeoOp narrows full-year loss, meets guidance for post-InterfaceIT revenue

By Jonathan Underhill Aug. 30 (BusinessDesk) - GeoOp, the NZAX-listed management app developer, narrowed its full-year loss and met guidance for revenue, based on pro-forma numbers that assume the inclusion of InterfaceIT. The company plans to raise as much as $4 million to su...

NZ dollar edges up as traders await data for clues on Fed rate hikes

NZ dollar edges up as traders await data for clues on Fed rate hikes

By Jonathan Underhill Aug. 30 (BusinessDesk) - The New Zealand dollar rose as traders await economic data that may provide clues to the timing of US interest rate hikes after US Federal Reserve officials revived expectations of a move this year. The kiwi traded at 72.54 US...

While you were sleeping: Solid US consumer spending

While you were sleeping: Solid US consumer spending

By Margreet Dietz Aug. 30 (BusinessDesk) - Wall Street strengthened, edging closer to fresh record highs, as a report on US consumer spending underpinned Federal Reserve officials’ comments that an interest rate hike might be warranted soon.  A Commerce Department report sh...

Margreet Dietz 29 Aug 2016