Stories by Pattrick - Page 3
NZ dollar falls after RBNZ looks for ways to curb residential property investment
Fri, 6th Mar 2015
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rbnz
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new zealand dollar
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bank of england
The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.
MARKET CLOSE: NZ shares fall, led by Meridian, Spark, Fletcher
Thu, 5th Mar 2015
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uc
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meridian energy
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shares
NZ shares dropped today, with Meridian Energy leading the fall as investors booked profits ahead of an upcoming payment. Spark and Fletcher also declined.
Carter Holt cladding 'inherently defective', appeal court hears
Wed, 4th Mar 2015
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edutech
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schools
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law
Carter Holt Harvey faces lawsuit over defective cladding used in 880 school buildings. Ministry of Education seeks to recoup costs.
Spark sells Telecom Rentals for $106M to Australia's FlexiGroup
Wed, 4th Mar 2015
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uc
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flexigroup
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spark
Spark New Zealand, formerly Telecom Corp, agreed to sell its Telecom Rentals business for $106 million to Australian financial services company FlexiG.
Fonterra's Glencoal says Waikato coal mine not on hold, just delayed
Tue, 3rd Mar 2015
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green party
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fonterra
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solid energy
Fonterra Cooperative Group subsidiary Glencoal has denied suggestions it has put its plans for an open cast mine in the Waikato on hold indefinitely.
Carter Holt appeals failed strike-out bid in leaky schools case
Tue, 3rd Mar 2015
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edutech
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ministry of education
Carter Holt Harvey, the building products supplier owned by billionaire Graeme Hart, is appealing its failed bid in the High Court to strike out a cla.
NZ dollar holds steady after cautious testimony from the Federal Reserve chair Yellen
Wed, 25th Feb 2015
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us federal reserve
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nz dollar
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banking
The New Zealand dollar was little changed overnight after Federal Reserve chair Janet Yellen failed to give an indication of when the US may start rai.
NZ dollar falls as RBNZ survey shows softer inflation expectations; Yellen looms
Tue, 24th Feb 2015
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us federal reserve
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nz dollar
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banking
The New Zealand dollar fell after inflation expectations dwindled in the Reserve Bank's latest survey of local firms, who didn't expect the central ba.
NZ firms again lower their inflation expectations, see no RBNZ action this year
Tue, 24th Feb 2015
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rbnz
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inflation
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economy
New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.
ASX-listed Vocus boosts NZ sales 81% after FX Networks acquisition
Mon, 23rd Feb 2015
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network infrastructure
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southern cross cable
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fx networks
Vocus Communications boosted its first-half sales in New Zealand by 81 percent after buying local fibre-line provider FX Networks last year.
MARKET CLOSE: NZ shares rise, Xero climbs on tech favour; Auckland Airport falls
Fri, 20th Feb 2015
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uc
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fintech
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financial systems
New Zealand shares rose paced by Xero and Diligent Board Member Services, as investors favoured technology-based stocks.
Vocus to spend US$58.5m to beef up Southern Cross Cable
Fri, 20th Feb 2015
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uc
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network infrastructure
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southern cross cable
It will increase the firm's existing capacity by almost 10 times to ensure it will continue to meet the rapid growth in internet data demand.
NZ dollar hits fresh record vs. Australian dollar as analysts mull parity
Fri, 20th Feb 2015
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nzd
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new zealand dollar
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australian dollar
The New Zealand dollar hit a new record against the Australian dollar overnight, with some analysts saying there is nothing to stop it.
Spark 1H profit falls 13% after streamlining operations; outlook still uncertain
Thu, 19th Feb 2015
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uc
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fintech
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commerce commission
Spark New Zealand's first-half profit fell 13 percent after the company formerly called Telecom slimmed down its business, selling assets such as AAPT.
NZ dollar hits new record vs. Australian dollar as parity seen possible
Tue, 17th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar rose to a record against the Australian dollar as investors favour the outlook for the local economy, increasing the possibi.
NZ Dollar Outlook: Kiwi may rise this week on upbeat dairy auction, higher yields
Mon, 16th Feb 2015
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globaldairytrade
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nz dollar
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retail
The New Zealand dollar may gain this week on speculation lower milk production will push up prices for the nation's biggest export at the GlobalDai.
NZ dollar edges closer to record against Aussie after labour market data
Fri, 13th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar edged closer to its record against the Australian dollar overnight after Australia's weaker than expected labour data yester.
MARKET CLOSE:NZ shares fall led by Spark; MRP, Contact fall on yield caution
Thu, 12th Feb 2015
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uc
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healthtech
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mighty river power
New Zealand shares fell led by Spark New Zealand as investors booked profit on recent gains in regular dividend paying stocks.
NZ dollar rises to 5-week high vs Aussie ahead of labour market data
Thu, 12th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar jumped to its highest in almost five weeks against the Australian dollar, edging closer to its post-float high, as investors.
NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields
Wed, 11th Feb 2015
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.