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Govt to sell Genesis stake in ‘next month or so’, Key says

Govt to sell Genesis stake in ‘next month or so’, Key says

Feb. 24 (BusinessDesk) - The government plans to sell down its holding in Genesis Energy “in the next month or so” with more details coming on Wednesday, Prime Minister John Key says. Speaking at his weekly post-Cabinet press conference, Key confirmed the government’s intentio...

24 Feb 2014
NZ Dollar Outlook Kiwi may lack direction amid dearth of key data releases

NZ Dollar Outlook Kiwi may lack direction amid dearth of key data releases

By Tina Morrison Feb. 24 (BusinessDesk) – The New Zealand dollar may struggle for direction this week, reflecting a lack of key data releases. The local currency may trade between 81.50 US cents and 84.20 cents this week, according to a BusinessDesk survey of 11 currency strate...

24 Feb 2014
Wynyard beats 2013 sales forecast, posts wider loss on increased investment, IPO costs

Wynyard beats 2013 sales forecast, posts wider loss on increased investment, IPO costs

Feb. 24 (BusinessDesk) - Wynyard Group, the intelligence software developer, just beat its forecast annual sales by attracting customers to its suite of services, while posting a bigger loss than expected a because of investments and listing costs. The Auckland-based company po...

24 Feb 2014
Nib NZ reverses Tower Medical’s decline by chasing younger insurance customers

Nib NZ reverses Tower Medical’s decline by chasing younger insurance customers

23 Feb 2014
Chorus dials back copper spending to drive $400 mln of savings

Chorus dials back copper spending to drive $400 mln of savings

23 Feb 2014
Lombard receivers reach $10M settlement with former directors, insurers and third party

Lombard receivers reach $10M settlement with former directors, insurers and third party

23 Feb 2014
Freightways first-half profit rises 3 percent on growth in courier, data management units

Freightways first-half profit rises 3 percent on growth in courier, data management units

23 Feb 2014
Kiwibank first-half profit falls 10 percent on tight margins, capital spend

Kiwibank first-half profit falls 10 percent on tight margins, capital spend

23 Feb 2014
NZ Posts lifts first-half profit by 18 percent by slashing costs faster than sales fall

NZ Posts lifts first-half profit by 18 percent by slashing costs faster than sales fall

23 Feb 2014
SKY TV 1H profit rises 22 percent as programming costs fall, more subscribers switch to MY SKY service

SKY TV 1H profit rises 22 percent as programming costs fall, more subscribers switch to MY SKY service

23 Feb 2014
Chorus 1H profit falls 7.1 percent, won’t pay dividend as auditor notes regulatory risks

Chorus 1H profit falls 7.1 percent, won’t pay dividend as auditor notes regulatory risks

23 Feb 2014
World Week Ahead Eyes on Yellen

World Week Ahead Eyes on Yellen

23 Feb 2014
NZ dollar little changed amid lack of economic data to inspire movement

NZ dollar little changed amid lack of economic data to inspire movement

23 Feb 2014
MARKET CLOSE NZ shares gain on Fletcher’s Oz outlook

MARKET CLOSE NZ shares gain on Fletcher’s Oz outlook

21 Feb 2014
NZ dollar heads for 0.8 percent weekly fall as local rates story, Fed policy weigh

NZ dollar heads for 0.8 percent weekly fall as local rates story, Fed policy weigh

21 Feb 2014
APN shares soar after institutions stump up A$112M in capital raising

APN shares soar after institutions stump up A$112M in capital raising

21 Feb 2014
Telecom faces big bill as it tip-toes into content with internet TV offering

Telecom faces big bill as it tip-toes into content with internet TV offering

21 Feb 2014
IAG gains in NZ, confident of approval for Wesfarmer’s takeover

IAG gains in NZ, confident of approval for Wesfarmer’s takeover

21 Feb 2014
Repayment to investors in Hubbard vehicle Aorangi reaches 92 cents in the dollar

Repayment to investors in Hubbard vehicle Aorangi reaches 92 cents in the dollar

20 Feb 2014
UPDATED NZX posts 22 percent rise in annual profit on strong activity in capital markets

UPDATED NZX posts 22 percent rise in annual profit on strong activity in capital markets

20 Feb 2014
OceanaGold reports FY loss of US$47.9 mln on further NZ assets writedown

OceanaGold reports FY loss of US$47.9 mln on further NZ assets writedown

20 Feb 2014
NZX posts 22 percent rise in annual profit as strong activity in capital markets offsets weaker Agri unit

NZX posts 22 percent rise in annual profit as strong activity in capital markets offsets weaker Agri unit

20 Feb 2014
NZ govt 6-month operating deficit bigger than expected as tax take trickles in

NZ govt 6-month operating deficit bigger than expected as tax take trickles in

20 Feb 2014
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Marsden Point rail spur, prison and ferry terminal projects excluded from new infrastructure priority list
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