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Govt won't let Solid Energy fail, looks to banks to wear their share

Govt won't let Solid Energy fail, looks to banks to wear their share

By Pattrick Smellie Feb. 21 (BusinessDesk) - Solid Energy will remain trading during a "difficult two or three months" while the company, its bankers and the government find a way to keep a smaller, coal-only business alive. At a press conference in the Beehive, Finance Ministe...

21 Feb 2013
MARKET CLOSE NZ shares drop; Skellerup, Nuplex, Fletcher slide

MARKET CLOSE NZ shares drop; Skellerup, Nuplex, Fletcher slide

Feb. 21 (BusinessDesk) – New Zealand shares fell, pushing the NZX 50 Index to a month-low as Skellerup Holdings and Nuplex Industries missed profit expectations and cut guidance, and Fletcher Building continued its correction following its results yesterday. The NZX 50 fell 43....

21 Feb 2013
NZ dollar extends loss as Asian stock markets fall amid souring global mood

NZ dollar extends loss as Asian stock markets fall amid souring global mood

By Paul McBeth Feb. 21 (BusinessDesk) - The New Zealand dollar extended its decline as stocks across Asia followed a souring global mood with uncertain elections in Italy and divisions appearing in the Federal Reserve's strategy to buy unlimited bonds. The kiwi fell to 83.38 U...

21 Feb 2013
Solid Energy in talks with banks as finances deteriorate

Solid Energy in talks with banks as finances deteriorate

21 Feb 2013
CORRECT AMP's New Zealand FY profit flat, plans to ditch Axa brand in March

CORRECT AMP's New Zealand FY profit flat, plans to ditch Axa brand in March

21 Feb 2013
Ericsson to open manufacturing plant in Wellington

Ericsson to open manufacturing plant in Wellington

21 Feb 2013
4G spectrum auction in third quarter, no iwi allocation

4G spectrum auction in third quarter, no iwi allocation

21 Feb 2013
AMI underpins 40 percent lift in IAG's New Zealand premium revenue

AMI underpins 40 percent lift in IAG's New Zealand premium revenue

21 Feb 2013
APN ends shocker year with more masthead value write-downs

APN ends shocker year with more masthead value write-downs

20 Feb 2013
Vector 1H result up 10.8 percent in flat economy

Vector 1H result up 10.8 percent in flat economy

20 Feb 2013
First-half profit shows mixed picture for Mighty River as partial sale approaches

First-half profit shows mixed picture for Mighty River as partial sale approaches

20 Feb 2013
Summerset shares fall 3.5 percent after Auckland Council turns down Hobsonville consent

Summerset shares fall 3.5 percent after Auckland Council turns down Hobsonville consent

20 Feb 2013
Diligent mulls report on executive options, seeks extension of trading halt

Diligent mulls report on executive options, seeks extension of trading halt

20 Feb 2013
Skellerup shares sink 10 percent as 1H earnings disappoint; cuts annual guidance

Skellerup shares sink 10 percent as 1H earnings disappoint; cuts annual guidance

20 Feb 2013
Auckland Airport 1H profit rises 11 percent on growth in domestic passenger traffic

Auckland Airport 1H profit rises 11 percent on growth in domestic passenger traffic

20 Feb 2013
Nuplex 1H profit misses forecasts; annual guidance cut on strong kiwi, weak trading conditions

Nuplex 1H profit misses forecasts; annual guidance cut on strong kiwi, weak trading conditions

20 Feb 2013
NZ dollar extends slide after traders seize on ‘intervention’, little in Fed minutes

NZ dollar extends slide after traders seize on ‘intervention’, little in Fed minutes

20 Feb 2013
High kiwi dollar stole $5M gains from Tenon efficiency drive

High kiwi dollar stole $5M gains from Tenon efficiency drive

20 Feb 2013
Snakk to list next month, boosts 1H sales 48 percent

Snakk to list next month, boosts 1H sales 48 percent

20 Feb 2013
Westpac NZ 1Q underlying earnings rise 9.7 percent on fatter margins

Westpac NZ 1Q underlying earnings rise 9.7 percent on fatter margins

20 Feb 2013
While you were sleeping Wall Street flags

While you were sleeping Wall Street flags

20 Feb 2013
MARKET CLOSE NZ shares fall on Fletcher result; F and P Healthcare gains on guidance

MARKET CLOSE NZ shares fall on Fletcher result; F and P Healthcare gains on guidance

20 Feb 2013
CORRECT Fletcher puts strategy under microscope seeking $70M annual gain, will shed jobs

CORRECT Fletcher puts strategy under microscope seeking $70M annual gain, will shed jobs

20 Feb 2013
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