All News
Auckland Airport plans to return $454M by cancelling one in 10 shares
Nov. 28 (BusinessDesk) – Auckland International Airport, the nation’s busiest gateway, plans to return $454 million to shareholders by way of a share cancellation, with 60 percent of the payment to be treated as a taxable dividend. The company will seek shareholder approval in...
NZ dollar weakens after positive US data
By Tina Morrison Nov 28 (BusinessDesk) – The New Zealand dollar weakened as investors bet positive US data increases the chances the Federal Reserve will taper its monetary stimulus soon, bolstering the greenback. The kiwi slipped to 81.24 US cents at 8am in Wellington, from 81...
While you were sleeping Jobless claims, HP surprise
By Margreet Dietz Nov 28 (BusinessDesk) – Wall Street advanced amid better-than-expected US jobs data and earnings including from Hewlett-Packard, bolstering optimism about the outlook for the world's largest economy and corporate profits. Shares of Hewlett-Packard jumped, last...
Prev
