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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

By Paul McBeth Feb. 21 (BusinessDesk) - Telecom Corp’s attempt to step out from its legacy business and embrace a new digital future isn’t expected to come cheap, according to a fund manager. The Auckland-based company today announced plans to rebrand itself as Spark and laun...

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

By Suze Metherell Feb. 20 (BusinessDesk) – Insurance Australia Group, New Zealand’s largest general insurer, reported a 75 percent gain in its kiwi operations for the first-half, as the company expects to finalise the purchase of Wesfarmers’ insurance underwriting business by th...

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

Feb. 21 (BusinessDesk) – Repayments to investors in Aorangi Securities, one of the failed vehicles in the stable formerly run by Timaru businessman Allan Hubbard, have climbed to 92 cents in the dollar, say the statutory managers, Grant Thornton. An amicable settlement reached...

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
Vector raises interim dividend despite 1H earnings drop

Vector raises interim dividend despite 1H earnings drop

20 Feb 2014
Telecom signals foray into internet TV under new brand, 1H profit edges up 2.5 percent

Telecom signals foray into internet TV under new brand, 1H profit edges up 2.5 percent

20 Feb 2014
NZ dollar advances as risk sentiment improves, luring investors to equities, kiwi

NZ dollar advances as risk sentiment improves, luring investors to equities, kiwi

20 Feb 2014
While you were sleeping US manufacturing accelerates

While you were sleeping US manufacturing accelerates

20 Feb 2014
MARKET CLOSE NZ shares fall in session dominated by earnings; Fletcher, Nuplex disappoint

MARKET CLOSE NZ shares fall in session dominated by earnings; Fletcher, Nuplex disappoint

20 Feb 2014
NZ dollar drops after weak Chinese manufacturing figures, hawkish Fed minutes

NZ dollar drops after weak Chinese manufacturing figures, hawkish Fed minutes

20 Feb 2014
Regulator anticipates supermarket probe to take ‘a number of months’

Regulator anticipates supermarket probe to take ‘a number of months’

20 Feb 2014
Opus expands Australian unit with A$1.7 mln acquisition

Opus expands Australian unit with A$1.7 mln acquisition

20 Feb 2014
AMP New Zealand financial services unit posts 11 percent gain in 2013 operating profit

AMP New Zealand financial services unit posts 11 percent gain in 2013 operating profit

20 Feb 2014
Port of Tauranga sees Auckland claw back shipping, keeps FY guidance intact

Port of Tauranga sees Auckland claw back shipping, keeps FY guidance intact

20 Feb 2014
NZ consumer confidence slips from 7-year high as inflation expectations firm

NZ consumer confidence slips from 7-year high as inflation expectations firm

20 Feb 2014
Patchy Aussie leaves NZ and cost control to drive Fletcher earnings

Patchy Aussie leaves NZ and cost control to drive Fletcher earnings

20 Feb 2014
CORRECT Tenon forecasts first cash return in a decade

CORRECT Tenon forecasts first cash return in a decade

19 Feb 2014
Oil industry lobby head to be CEO of NZ Energy Corp

Oil industry lobby head to be CEO of NZ Energy Corp

19 Feb 2014
NZ producers’ prices fall in fourth quarter on lower electricity demand

NZ producers’ prices fall in fourth quarter on lower electricity demand

19 Feb 2014
Fairfax NZ first-half earnings hold up even as revenue slips

Fairfax NZ first-half earnings hold up even as revenue slips

19 Feb 2014
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