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While you were sleeping Fed's mixed message
By Margreet Dietz Nov. 13 (BusinessDesk) - Wall Street declined, pushing the Dow Jones Industrial Average down from a record high, as investors assessed comments by US Federal Reserve policy makers for clues about its monetary stimulus program. Fed Bank Dallas President Richard...
MARKET CLOSE NZ shares mixed; Chorus, Sky TV fall, Kiwi Income, Ryman gain
Nov. 12 (BusinessDesk) – New Zealand shares were mixed, with the NZX 50 Index slipping as Chorus and Sky Network Television fell, while Kiwi Income Property Group and Ryman Healthcare gained. The NZX 50 fell 6.504 points, or 0.1 percent, to 4915.668. Within the index, 25 stocks...
Aussie consumer rights regulator throws the book at Fisher and Paykel Appliances
Nov. 12 (BusinessDesk) - The Australian Competition and Consumer Commission has filed proceedings against Haier-owned Fisher & Paykel Appliances over the marketing of the whiteware maker’s extended warranty. Australia’s competition watchdog claims F&P Appliances subsidiary Fis...