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MARKET CLOSE: NZ shares fall, paced by Fletcher, Telecom, Auckland Airport

MARKET CLOSE: NZ shares fall, paced by Fletcher, Telecom, Auckland Airport

June 21 (BusinessDesk) - New Zealand shares fell, paced by the biggest companies on the bourse – Telecom, Fletcher Building and Auckland International Airport – after the Federal Reserve offered less stimulus in the US than had been hoped. The NZX 50 index fell 35.40 points, or...

21 Jun 2012
NZ dollar gains vs Australian currency as local economy races away

NZ dollar gains vs Australian currency as local economy races away

By Paul McBeth June 21 (BusinessDesk) - The New Zealand dollar rose against its Australian counterpart after figures showed the economy grew at its fastest quarterly pace in five years in the first three months of the year. The kiwi rose to a seven-week high of 78.42 Australia...

21 Jun 2012
Comvita rewards loyal beekeepers with bonus share issue after takeover thwarted

Comvita rewards loyal beekeepers with bonus share issue after takeover thwarted

By Jonathan Underhill June 21 (BusinessDesk) - Comvita, which makes products based on the virtues of honey, will reward shareholding beekeepers with a bonus issue after buying the stock on market. The company said it bought 177,354 ordinary shares at an average price of $3.24 a...

21 Jun 2012
NZ tourism lost ground to dairy exports in quake year of 2011, still lifted income

NZ tourism lost ground to dairy exports in quake year of 2011, still lifted income

21 Jun 2012
Traders stop betting on rate cut as NZ economy grows at twice the expected pace

Traders stop betting on rate cut as NZ economy grows at twice the expected pace

21 Jun 2012
Metlifecare shareholders vote in favour of amended merger deal

Metlifecare shareholders vote in favour of amended merger deal

21 Jun 2012
Solid Energy closes Huntly East mine on methane build-up

Solid Energy closes Huntly East mine on methane build-up

21 Jun 2012
NZ dollar jumps to 80 US cents as GDP expands at twice expected pace

NZ dollar jumps to 80 US cents as GDP expands at twice expected pace

20 Jun 2012
Chorus local loop backlash: Commerce Commission extends consultations

Chorus local loop backlash: Commerce Commission extends consultations

20 Jun 2012
NZ economy grows 1.1% in 1Q, twice expected pace; kiwi dollar jumps above 80 cents

NZ economy grows 1.1% in 1Q, twice expected pace; kiwi dollar jumps above 80 cents

20 Jun 2012
Renaissance sells IT distribution unit to Exeed, halving balance sheet

Renaissance sells IT distribution unit to Exeed, halving balance sheet

20 Jun 2012
Metlifecare amends merger deal again, halves shares to Vision, may sell property

Metlifecare amends merger deal again, halves shares to Vision, may sell property

20 Jun 2012
Zintel sells service company Cogent to private investors for $1 mln

Zintel sells service company Cogent to private investors for $1 mln

20 Jun 2012
NZ dollar holds near 7-week high as fed stimulus underwhelms, GDP looms

NZ dollar holds near 7-week high as fed stimulus underwhelms, GDP looms

20 Jun 2012
While you were sleeping: Fed move disappoints

While you were sleeping: Fed move disappoints

20 Jun 2012
MARKET CLOSE: NZ shares fall as F&P Healthcare sinks on strong kiwi dollar, dividend

MARKET CLOSE: NZ shares fall as F&P Healthcare sinks on strong kiwi dollar, dividend

20 Jun 2012
NZ dollar pares gains on bigger current account deficit, Fed meeting looms

NZ dollar pares gains on bigger current account deficit, Fed meeting looms

20 Jun 2012
NZ dollar pares gains on wider current account deficit than expected, Fed meeting looms

NZ dollar pares gains on wider current account deficit than expected, Fed meeting looms

20 Jun 2012
BusinessDesk delivery trial

BusinessDesk delivery trial

20 Jun 2012
NZOG to target $35M annual exploration spend

NZOG to target $35M annual exploration spend

20 Jun 2012
Air NZ passenger numbers rise in May

Air NZ passenger numbers rise in May

20 Jun 2012
Bank of NZ chief financial officer Ken Christie to return to Australia for NAB role

Bank of NZ chief financial officer Ken Christie to return to Australia for NAB role

20 Jun 2012
Tertiary students targeted in new financial literacy programme

Tertiary students targeted in new financial literacy programme

20 Jun 2012
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