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MARKET CLOSE NZ shares fall on China jitters; Vital, Pumpkin Patch, AMP drop

MARKET CLOSE NZ shares fall on China jitters; Vital, Pumpkin Patch, AMP drop

June 25 (BusinessDesk) – New Zealand shares fell, pushing the NZX 50 Index to the lowest since early March, as fears of a Chinese credit crunch weighed on Asian equity markets. Vital Healthcare Property Trust fell after announcing a rights issue and Pumpkin Patch led some retaile...

25 Jun 2013
NZ dollar may test 77 US cts as Asian stocks sink amid Chinese liquidity concerns

NZ dollar may test 77 US cts as Asian stocks sink amid Chinese liquidity concerns

By Paul McBeth June 25 (BusinessDesk) - The New Zealand dollar may fall below 77 US cents in European and US trading after fears over China’s banking sector sparked a sell-off in Asian stock markets, and prompted investors to ditch risk-sensitive currencies. The kiwi declined...

25 Jun 2013
UPDATED Bettle exits Powerco and business mentors’ board as trial looms

UPDATED Bettle exits Powerco and business mentors’ board as trial looms

(Updated to include Business in The Community resignation in lead and 4th graph, amends remaining roles in 5th graph.) June 25 (BusinessDesk) - Rick Bettle has stepped down as chairman and director of lines company Powerco and business mentoring organisation Business in The Comm...

25 Jun 2013
Rick Bettle exits Powerco as Dominion Finance trial looms

Rick Bettle exits Powerco as Dominion Finance trial looms

25 Jun 2013
Tainui follows ‘path to success’ in Ruakura appeal to the EPA

Tainui follows ‘path to success’ in Ruakura appeal to the EPA

25 Jun 2013
DNZ board seeks 27 percent boost to directors’ fee pool after overseeing share price surge

DNZ board seeks 27 percent boost to directors’ fee pool after overseeing share price surge

25 Jun 2013
Diligent says no dividend this year, mulls US listing

Diligent says no dividend this year, mulls US listing

25 Jun 2013
Facebook NZ’s 2012 service revenue almost doubles, though small losses endure

Facebook NZ’s 2012 service revenue almost doubles, though small losses endure

25 Jun 2013
Augusta MD Mark Francis buys out brother Chris’s stake for $3.8 mln

Augusta MD Mark Francis buys out brother Chris’s stake for $3.8 mln

24 Jun 2013
Goodman Fielder 2013 earnings will fall on higher marketing spend, lower poultry sales

Goodman Fielder 2013 earnings will fall on higher marketing spend, lower poultry sales

24 Jun 2013
Rural Equities switches some milk supply to Synlait from Fonterra, sells shares

Rural Equities switches some milk supply to Synlait from Fonterra, sells shares

24 Jun 2013
Vital Healthcare flags rights issue next month, suspends distribution reinvestment plan

Vital Healthcare flags rights issue next month, suspends distribution reinvestment plan

24 Jun 2013
NZ dollar little changed as investors weigh impact of reduction in Federal Reserve stimulus

NZ dollar little changed as investors weigh impact of reduction in Federal Reserve stimulus

24 Jun 2013
While you were sleeping Volatility rules the day

While you were sleeping Volatility rules the day

24 Jun 2013
PFI shareholders back Director Property Fund merger

PFI shareholders back Director Property Fund merger

24 Jun 2013
TrustPower to ask shareholders for 6.8 percent bump to directors’ fee pool

TrustPower to ask shareholders for 6.8 percent bump to directors’ fee pool

24 Jun 2013
MARKET CLOSE NZ shares mixed; F and P Healthcare benefits from weak kiwi, AMP drops

MARKET CLOSE NZ shares mixed; F and P Healthcare benefits from weak kiwi, AMP drops

24 Jun 2013
France’s Eurofins spends $11 mln on NZ Laboratory in 2012 acquisition

France’s Eurofins spends $11 mln on NZ Laboratory in 2012 acquisition

24 Jun 2013
NZ dollar little changed after Fed tapering slices 3.7 percent from currency

NZ dollar little changed after Fed tapering slices 3.7 percent from currency

24 Jun 2013
NZ credit card spending falls 0.6 percent in May

NZ credit card spending falls 0.6 percent in May

24 Jun 2013
MediaWorks narrows loss to $90 mln in 2012 as finance costs rise, impairments weigh

MediaWorks narrows loss to $90 mln in 2012 as finance costs rise, impairments weigh

24 Jun 2013
NZ Dollar Outlook Kiwi may decline as investors seek improving returns in the US

NZ Dollar Outlook Kiwi may decline as investors seek improving returns in the US

24 Jun 2013
UPDATED Synlait Ltd investors may sell 19M shares into Synlait Milk IPO, Bright won’t participate

UPDATED Synlait Ltd investors may sell 19M shares into Synlait Milk IPO, Bright won’t participate

24 Jun 2013
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