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MARKET CLOSE NZ shares fall as F and P Healthcare guidance dissected, Pumpkin Patch gains

MARKET CLOSE NZ shares fall as F and P Healthcare guidance dissected, Pumpkin Patch gains

Aug. 27 (BusinessDesk) – New Zealand shares fell, paced by Fisher & Paykel Healthcare on concern its earnings guidance is tied to the fortunes of the kiwi dollar and doesn’t show enough revenue growth relative to it the stock’s valuation. Pumpkin Patch gained on small volume aft...

27 Aug 2013
NZ dollar little changed after Fonterra hikes forecast payout

NZ dollar little changed after Fonterra hikes forecast payout

By Paul McBeth Aug. 27 (BusinessDesk) - The New Zealand dollar was little changed from yesterday after Fonterra Cooperative Group hiked its forecast payout to farmers as global dairy prices remain elevated. The kiwi slipped to 78.12 US cents at 5pm in Wellington from 78.43 ce...

27 Aug 2013
Tower medical insurance purchase weighs on NIB earnings, eyed for future growth

Tower medical insurance purchase weighs on NIB earnings, eyed for future growth

By Tina Morrison Aug 27 (BusinessDesk) – The purchase of Tower’s New Zealand medical insurance unit weighed on health insurer NIB in 2013, however Australia’s only listed insurer expects the purchase to help grow future earnings. The former Tower business, now known as NIB New...

27 Aug 2013
Fonterra hikes forecast farmgate price 30 cts on strong international prices

Fonterra hikes forecast farmgate price 30 cts on strong international prices

27 Aug 2013
Fisher and Paykel Healthcare raises 2014 earnings forecast on higher sales, margins

Fisher and Paykel Healthcare raises 2014 earnings forecast on higher sales, margins

27 Aug 2013
Pumpkin Patch’s Di Humphries appointed new chief executive

Pumpkin Patch’s Di Humphries appointed new chief executive

27 Aug 2013
Debt-free NZ Oil and Gas will use cash buffer as it hunts for oil

Debt-free NZ Oil and Gas will use cash buffer as it hunts for oil

27 Aug 2013
Sealord sells unprofitable Yuken unit in Argentina to local buyer

Sealord sells unprofitable Yuken unit in Argentina to local buyer

27 Aug 2013
NZ Post FY profit falls 29 percent as traditional letters continue to decline

NZ Post FY profit falls 29 percent as traditional letters continue to decline

27 Aug 2013
2degrees appoints chairman Sherriff as permanent CEO

2degrees appoints chairman Sherriff as permanent CEO

26 Aug 2013
Balle Bros buys Mr Chips from Simplot for undisclosed sum

Balle Bros buys Mr Chips from Simplot for undisclosed sum

26 Aug 2013
Fletcher closes Christchurch plasterboard plant after finding asbestos

Fletcher closes Christchurch plasterboard plant after finding asbestos

26 Aug 2013
Quickflix sees Freeview launch within four months

Quickflix sees Freeview launch within four months

26 Aug 2013
NZ Oil and Gas lifts FY profit on lack of impairments as oil output declines

NZ Oil and Gas lifts FY profit on lack of impairments as oil output declines

26 Aug 2013
Wellington Drive narrows 1H loss as turnaround plan trims costs by 30 percent

Wellington Drive narrows 1H loss as turnaround plan trims costs by 30 percent

26 Aug 2013
NZ dollar advances as weaker report on US durable goods prompts concerns about recovery

NZ dollar advances as weaker report on US durable goods prompts concerns about recovery

26 Aug 2013
Government ministers mull beefing up trade specialists in key markets

Government ministers mull beefing up trade specialists in key markets

26 Aug 2013
MARKET CLOSE NZ shares rise, paced by Skellerup, Sky TV; Chorus falls

MARKET CLOSE NZ shares rise, paced by Skellerup, Sky TV; Chorus falls

26 Aug 2013
NZ dollar holds gains after brief decline following bigger July trade deficit

NZ dollar holds gains after brief decline following bigger July trade deficit

26 Aug 2013
NZ Dollar Outlook Kiwi may decline as Federal Reserve heads towards September tapering

NZ Dollar Outlook Kiwi may decline as Federal Reserve heads towards September tapering

26 Aug 2013
Government seeks feedback on Dunne’s flexi-pension plan

Government seeks feedback on Dunne’s flexi-pension plan

26 Aug 2013
S and P affirms NZ’s AA+ rating; sound fiscal position makes up for private sector indebtedness

S and P affirms NZ’s AA+ rating; sound fiscal position makes up for private sector indebtedness

26 Aug 2013
Chorus lifts capital spending, projects flat-to-lower 2014 earnings; shares slip

Chorus lifts capital spending, projects flat-to-lower 2014 earnings; shares slip

26 Aug 2013
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