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SmartPay, in midst of restructuring, narrows annual loss to $5.9 mln

SmartPay, in midst of restructuring, narrows annual loss to $5.9 mln

May 30 (BusinessDesk) – SmartPay, the eftpos terminal company, narrowed its annual loss to $5.9 million and said it hasn’t yet recorded the full benefits of its restructuring and acquisitions. The net loss narrowed from a year-earlier loss that was restated to $12.7 million. Sa...

30 May 2013
MARKET CLOSE NZ shares fall on signs of weaker Australian growth; Nuplex drops

MARKET CLOSE NZ shares fall on signs of weaker Australian growth; Nuplex drops

May 30 (BusinessDesk) – New Zealand shares fell, paced by Nuplex Industries, as investors fret about the pace of Australia’s economic growth, the impact on earnings across the Tasman for kiwi companies and the reduced prospects for an interest rate cut. The NZX 50 Index fell 17...

30 May 2013
NZ dollar falls after RBNZ’s Wheeler keeps markets guessing on FX intervention

NZ dollar falls after RBNZ’s Wheeler keeps markets guessing on FX intervention

By Paul McBeth May 30 (BusinessDesk) - The New Zealand dollar fell after Reserve Bank governor Graeme Wheeler said he’s prepared to keep intervening in foreign exchange markets to keep a lid on the local currency. The kiwi fell to 81.15 US cents at 5pm in Wellington from 81.3...

30 May 2013
Tenon shares soar as mouldings maker flags return to profit on US housing demand

Tenon shares soar as mouldings maker flags return to profit on US housing demand

30 May 2013
Reserve Bank sells net $256 mln in April, Wheeler prepared to ‘scale up’ intervention

Reserve Bank sells net $256 mln in April, Wheeler prepared to ‘scale up’ intervention

30 May 2013
NPT turns to profit in 2013 on insurance payouts, property valuation gains

NPT turns to profit in 2013 on insurance payouts, property valuation gains

30 May 2013
NZ Guardian Trust reverts to normal-sized dividends after exit payment to Suncorp

NZ Guardian Trust reverts to normal-sized dividends after exit payment to Suncorp

30 May 2013
Lombard directors face stiffer sentences after losing appeal

Lombard directors face stiffer sentences after losing appeal

30 May 2013
Hubbard investors receive further payments as assets sold, statutory managers say

Hubbard investors receive further payments as assets sold, statutory managers say

30 May 2013
RESEND NZ building consents rise to five-year high in April, bolstered by apartments, retirement units

RESEND NZ building consents rise to five-year high in April, bolstered by apartments, retirement units

30 May 2013
Westland Milk follows Fonterra is raising payout forecast on upbeat outlook

Westland Milk follows Fonterra is raising payout forecast on upbeat outlook

30 May 2013
NZ building consents rise to five-year high in April, bolstered by apartments, retirement units

NZ building consents rise to five-year high in April, bolstered by apartments, retirement units

29 May 2013
New Talisman Gold Mines annual loss widens as it raised less from investors

New Talisman Gold Mines annual loss widens as it raised less from investors

29 May 2013
Moa posts bigger EBITDA loss than forecast amid marketing spend-up

Moa posts bigger EBITDA loss than forecast amid marketing spend-up

29 May 2013
Genesis Energy to trim $75M from capital bonds, modify terms for S and P criteria change

Genesis Energy to trim $75M from capital bonds, modify terms for S and P criteria change

29 May 2013
PGG Wrightson managing director Gould to step down in August

PGG Wrightson managing director Gould to step down in August

29 May 2013
Metlifecare to raise $80M via placement, share purchase plan to repay debt

Metlifecare to raise $80M via placement, share purchase plan to repay debt

29 May 2013
Moody’s revises Air NZ rating outlook to ‘stable’ on efforts to deal with fuel prices

Moody’s revises Air NZ rating outlook to ‘stable’ on efforts to deal with fuel prices

29 May 2013
NZEC still seeking funding solution for Origin assets purchase

NZEC still seeking funding solution for Origin assets purchase

29 May 2013
NZ dollar declines after Reserve Bank’s Wheeler says more intervention possible

NZ dollar declines after Reserve Bank’s Wheeler says more intervention possible

29 May 2013
RBNZ’s Wheeler prepared to ‘scale up’ currency intervention as kiwi overvalued by 18 percent

RBNZ’s Wheeler prepared to ‘scale up’ currency intervention as kiwi overvalued by 18 percent

29 May 2013
While you were sleeping Worry returns to equities

While you were sleeping Worry returns to equities

29 May 2013
MARKET CLOSE NZ shares rise as Mainfreight earnings, Ebos purchase cheered

MARKET CLOSE NZ shares rise as Mainfreight earnings, Ebos purchase cheered

29 May 2013
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