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Wellington Drive narrows 3Q loss, forecasts 'modest' full year uplift

Wellington Drive narrows 3Q loss, forecasts 'modest' full year uplift

By Suze Metherell Dec. 5 (BusinessDesk) - Wellington Drive, the unprofitable manufacturer of energy efficient motors, narrowed its third quarter loss and revised guidance for a "modest level" of sales growth. The company posted a loss of $725,000 in the three months ended S...

05 Dec 2014
MARKET CLOSE: NZ shares dip, paced by Air NZ; ANZ, Westpac decline

MARKET CLOSE: NZ shares dip, paced by Air NZ; ANZ, Westpac decline

By Suze Metherell Dec. 5 (BusinessDesk) - New Zealand shares edged lower, paced by Air New Zealand as investors booked in recent gains in a fully priced market. Dual-listed Australian banks, Westpac Banking Corp and Australia and New Zealand Banking Group declined on the prosp...

05 Dec 2014
NZ dollar heads for 0.9% fall as US jobs report looms

NZ dollar heads for 0.9% fall as US jobs report looms

By Paul McBeth Dec. 5 (BusinessDesk) - The New Zealand dollar is heading for a 0.9 percent weekly decline against the greenback as investors continue to rally behind the US dollar in anticipation of a rate hike next year, and ahead of a key US jobs report. The kiwi fell to...

05 Dec 2014
Fletcher appoints Spaniard Irazusta to lead light building products unit

Fletcher appoints Spaniard Irazusta to lead light building products unit

05 Dec 2014
AUT journalism report criticises unethical alliances with bloggers, politicians, PR and media

AUT journalism report criticises unethical alliances with bloggers, politicians, PR and media

05 Dec 2014
Rubicon reiterates IPO plans for ArborGen, laments languishing share price

Rubicon reiterates IPO plans for ArborGen, laments languishing share price

04 Dec 2014
Alliance hires former Fletcher exec Surveyor to head up meat group

Alliance hires former Fletcher exec Surveyor to head up meat group

04 Dec 2014
NZ wholesale trade rises 0.7% in Sept quarter, led by auto industry

NZ wholesale trade rises 0.7% in Sept quarter, led by auto industry

04 Dec 2014
Evolve shares climb 7 percent on NZX debut

Evolve shares climb 7 percent on NZX debut

04 Dec 2014
NZ dollar gains after ECB stays pat on stimulus, US jobs report looms

NZ dollar gains after ECB stays pat on stimulus, US jobs report looms

04 Dec 2014
While you were sleeping: ECB fails to deliver

While you were sleeping: ECB fails to deliver

04 Dec 2014
RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne

RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne

04 Dec 2014
MARKET CLOSE: NZ shares gain as Freightways rises to record; Chorus falls

MARKET CLOSE: NZ shares gain as Freightways rises to record; Chorus falls

04 Dec 2014
NZ dollar falls near 3-week low ahead of ECB meeting, US jobs report looms

NZ dollar falls near 3-week low ahead of ECB meeting, US jobs report looms

04 Dec 2014
Chorus credit rating revised to stable from negative by S&P on copper pricing

Chorus credit rating revised to stable from negative by S&P on copper pricing

04 Dec 2014
DNZ sells two Wellington properties for $5.3 mln to help fund Westgate Mall

DNZ sells two Wellington properties for $5.3 mln to help fund Westgate Mall

04 Dec 2014
Scott Technology may raise capital after 3rd purchase in 18 months

Scott Technology may raise capital after 3rd purchase in 18 months

04 Dec 2014
Michael Hill knuckles down on North American market, CEO Parsell says

Michael Hill knuckles down on North American market, CEO Parsell says

04 Dec 2014
Tenon mulls mergers, acquisitions as US housing recovery picks up

Tenon mulls mergers, acquisitions as US housing recovery picks up

04 Dec 2014
Blue Sky Meats acquires Clover Export, adding beef, venison processing

Blue Sky Meats acquires Clover Export, adding beef, venison processing

03 Dec 2014
Auckland housing market values rise 5 percent in three months

Auckland housing market values rise 5 percent in three months

03 Dec 2014
Oceania aged-care business planning IPO, in talks with investors

Oceania aged-care business planning IPO, in talks with investors

03 Dec 2014
Freightways buys Australian legal information firm LitSupport for up to A$30M

Freightways buys Australian legal information firm LitSupport for up to A$30M

03 Dec 2014
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