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Auckland Airport shareholders overwhelmingly vote in favour of capital return

Auckland Airport shareholders overwhelmingly vote in favour of capital return

Feb. 12 (BusinessDesk) – Shareholders of Auckland International Airport, the nation’s busiest gateway, have overwhelmingly voted in favour of plans by the nation’s busiest gateway to return $454 million in capital via a share cancellation, with 60 percent of the payment treated...

12 Feb 2014
NZ dollar gains as Chinese trade data beats estimates, Yellen fails to scare markets

NZ dollar gains as Chinese trade data beats estimates, Yellen fails to scare markets

By Jonathan Underhill Feb. 12 (BusinessDesk) - The New Zealand dollar rose along with its Australian counterpart after trade figures from China beat estimates, stoking optimism that demand in the two nations’ biggest market isn’t wavering. The kiwi rose to 83.50 US cents from 8...

12 Feb 2014
Scott Technology says high kiwi, slowing mining sector squeezing margins

Scott Technology says high kiwi, slowing mining sector squeezing margins

Feb. 12 (BusinessDesk) – Scott Technology, the industrial automation firm, says a global mining slowdown and a high New Zealand dollar are squeezing its margins in the short term. The strong kiwi dollar has been an ongoing battle for the company that gets 37 percent of sales i...

12 Feb 2014
Goodman Fielder won't see full year profit gains, hurt by dairy prices, grocery wars

Goodman Fielder won't see full year profit gains, hurt by dairy prices, grocery wars

12 Feb 2014
Xero taps ex-Microsoft CFO Liddell as chairman, former PayPal exec Karpas to lead US unit

Xero taps ex-Microsoft CFO Liddell as chairman, former PayPal exec Karpas to lead US unit

11 Feb 2014
Calls for TPP transparency are code for destroying it, says Groser

Calls for TPP transparency are code for destroying it, says Groser

11 Feb 2014
Stars align for NZ foresters as ‘wall of wood’ comes on stream, prices reach record highs

Stars align for NZ foresters as ‘wall of wood’ comes on stream, prices reach record highs

11 Feb 2014
NZ spending on credit, debit cards falls in January, snapping three months of gains

NZ spending on credit, debit cards falls in January, snapping three months of gains

11 Feb 2014
UPDATED SkyCity posts lower 1H profit as expected, signals 2H earnings growth

UPDATED SkyCity posts lower 1H profit as expected, signals 2H earnings growth

11 Feb 2014
ASB drives first-half earnings growth for CBA’s NZ units

ASB drives first-half earnings growth for CBA’s NZ units

11 Feb 2014
Chorus says it miscounted broadband connections, growth rate trimmed to 1 percent from 2 percent

Chorus says it miscounted broadband connections, growth rate trimmed to 1 percent from 2 percent

11 Feb 2014
APN exits brandsExclusive after writing down goodwill on 1 ½-year investment

APN exits brandsExclusive after writing down goodwill on 1 ½-year investment

11 Feb 2014
Genesis 1H earnings slide 23 percent on weak demand, low wholesale prices

Genesis 1H earnings slide 23 percent on weak demand, low wholesale prices

11 Feb 2014
SkyCity posts lower first half profit as expected, signals earnings growth in second half

SkyCity posts lower first half profit as expected, signals earnings growth in second half

11 Feb 2014
NZ dollar rises to two-week high vs. yen on improved risk appetite

NZ dollar rises to two-week high vs. yen on improved risk appetite

11 Feb 2014
While you were sleeping Yellen lifts equities

While you were sleeping Yellen lifts equities

11 Feb 2014
MARKET CLOSE NZ shares gain on upbeat Australian figures; Fletcher, Ebos rise

MARKET CLOSE NZ shares gain on upbeat Australian figures; Fletcher, Ebos rise

11 Feb 2014
NZ dollar falls vs. Aussie, gains against greenback after upbeat Australian figures

NZ dollar falls vs. Aussie, gains against greenback after upbeat Australian figures

11 Feb 2014
Lombard Finance sentencing part of efforts to protect investors, Crown says

Lombard Finance sentencing part of efforts to protect investors, Crown says

11 Feb 2014
New Zealand bank fees class action targets Westpac, BNZ, ASB for unfair penalty fees

New Zealand bank fees class action targets Westpac, BNZ, ASB for unfair penalty fees

11 Feb 2014
ANZ Bank posts 13 percent gain in first-quarter cash profit on reduced impairments, higher lending

ANZ Bank posts 13 percent gain in first-quarter cash profit on reduced impairments, higher lending

11 Feb 2014
Law change undermines deterrence of Lombard sentence, lawyer says

Law change undermines deterrence of Lombard sentence, lawyer says

11 Feb 2014
Power report ducks question of fair prices, Bertram says

Power report ducks question of fair prices, Bertram says

10 Feb 2014
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