Article – BusinessDesk

MARKET CLOSE: NZ shares down in calm before earnings storm; Metlifecare, Sky TV drop, Argosy, Air NZ gain Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – The New Zealand dollar was slightly higher in a quiet start to the week as investors look ahead to a meeting of the world’s central bankers in Jackson Hole, Wyoming later this week. Read more »

Article – BusinessDesk

(Fixes headline and 2nd paragraph to reflect partial valuation on acquisition, updates share price in 3rd paragraph) Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Smiths City Group sees a “significant opportunity” in building out its high margin finance business and is weighing up options to expand its offering, says chief executive Roy Campbell. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – The Financial Markets Authority expects to shortly reach a settlement with Prince and Partners Trustee Co just as civil proceedings kick off in the Auckland High Court. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Vodafone New Zealand’s books were back in the black after three years in the red as the country’s biggest mobile operator boosted revenue in an increasingly competitive telecommunications sector. Read more »

Press Release – BusinessDesk

Nib’s NZ earnings rise 36% in 2017 as OnePath acquisition makes full year contribution Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – The contest of transport policies between the National and Labour parties has heated up again with Labour leader Jacinda Ardern announcing plans to introduce passenger rail services between Auckland, Hamilton and Tauranga … Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – New Zealand structural log prices hit a new record as local mills compete with the export market to secure supply to meet the demand from the busy domestic construction market. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Metro Performance Glass will reduce annual non-executive directors’ fees rather than seek a mandate to increase the available fee pool at Thursday’s annual general meeting. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Australian-owned New Zealand Steel achieved a A$100 million turnaround in underlying operating earnings in the year to June 30, following two years of deep cost-cutting, the sale of its Taharoa ironsands business, and a focus … Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Vodafone New Zealand’s books were back in the black after three years in the red as the country’s biggest mobile operator boosted revenue in an increasingly competitive telecommunications sector. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – New Zealand annual net migration rose to a record in July, driven by foreign immigrants, with the biggest groups coming from Australia, the UK and China Read more »

Press Release – BusinessDesk

Aug. 21 (BusinessDesk) – Heartland Bank is offering up to $150 million of five-year fixed rate bonds to institutional and New Zealand retail investors and the funds will be used for general corporate purposes, it said in a release to the stock exchange. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Michael Hill International, the jewellery retailer founded by its namesake, boosted annual profit by two thirds as its Michael Hill chain grew steadily in its main markets of Australia and New Zealand and recorded stronger growth … Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Skellerup Holdings has appointed former investment banker David Cushing to its board from which his father, Selwyn Cushing, will retire in October. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Vista Group International has bought a 60 percent stake in Mexico’s Senda Direccion Tecnologica, giving it control of the Latin American reseller of the cinema analytics firm’s services. Read more »

Article – BusinessDesk

Aug. 21 (BusinessDesk) – The New Zealand dollar rose as news that US President Donald Trump had dumped adviser Steve Bannon kept politics to the fore and traders looked ahead to the central bank meeting at Jackson Hole, Wyoming, where Federal Reserve … Read more »

Press Release – BusinessDesk

Aug. 21 (BusinessDesk) – As central bankers from around the world including Federal Reserve chair Janet Yellen set to gather for their annual meeting in Jackson Hole, Wyoming, investors are closely watching the intensifying turmoil in the White House. Read more »

Article – BusinessDesk

Aug. 18 (BusinessDesk) – New Zealand shares inched up, defying global market trends, with Tourism Holdings and Fletcher Building gaining while CBL Corp plunged. Read more »