Business Scoop

Archive for December, 2009

MARKET CLOSE: NZ shares rise on last day of 2009

Article – Businesswire

Dec. 31 (BusinessWire) – New Zealand shares rose in the final trading session for 2009, rounding out an annual gain of about 18%. Warehouse Group paced gains in retailers. Read more »

Cutting landlord tax breaks may push up rents

Article – Businesswire

Dec. 30 (BusinessWire) – Removing existing tax incentives for landlords emerges as a costly option for renters that would raise house prices and reduce the supply of housing stock, according to a simple model for assessing housing policy changes, … Read more »

“Lean Guru” Masaaki Imai to visit New Zealand

Press Release – Kaizen

“Lean Guru” Masaaki Imai to visit New Zealand in March 2010 Founder of KAIZEN Institute to share LEAN management insights at three major centres Read more »

Fonterra JV to buy Dutch partner’s lactose unit

Article – Businesswire

Dec. 31 (BusinessWire) – Fonterra Cooperative Group, the world’s biggest dairy exporter, said its joint venture with Royal FrieslandCampina will acquire the Dutch milk products group’s pharmaceutical lactose business for about $106 million. Read more »

Stocks to watch: Air NZ, Allied, FBU, NZO

Article – Businesswire

Dec. 30 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. Read more »

NZ dollar climbs over 72 US cts

Article – Businesswire

Dec. 31 (BusinessWire) – The New Zealand dollar climbed back over 72 U.S. cents amid rumours the carry trade is shifting out of the greenback and back into the yen. Read more »

Former Business Roundtable Chair Honoured

Press Release – New Zealand Business Roundtable

New Zealand Business Roundtable chairman Rob McLeod today congratulated former Business Roundtable chairman Sir Douglas Myers on being made Knight Companion of the Order of New Zealand for services to business and the community. Read more »

While you were sleeping: Stocks drift, USD rises

Article – Businesswire

Dec. 31 (BusinessWire) – Stocks drifted lower in both Europe and the U.S. in very thin trading, with commodities prices sliding in response to gains by the U.S. dollar. Read more »

MARKET CLOSE: NZ shares edge lower; WHS dips

Article – Businesswire

Dec. 30 (BusinessWire) – New Zealand shares fell in thin summer holiday trading and after BioVittoria became the third initial public offering to falter, underpinning lacklustre demand for equities. Warehouse Group paced falling retailers. Read more »

BioVittoria has support of banks, Thorrold says

Article – Businesswire

By Jonathan Underhill Dec. 30 (BusinessWire) – BioVittoria, which became New Zealand’s third initial public offering in two months to falter, has the support of its banks while in breach of a lending covenant, said chief executive David Thorrold Read more »

Top tips to make your New Year’s resolution stick

Press Release – Retirement Commission

To kick off 2010 a number of leading New Zealanders are joining forces with Sorted to help you make and stick to New Year’s resolutions to get your money sorted. Read more »

Mayor Calls for End to SH1 Chaos

Press Release – Rodney District Council

Rodney District Mayor Penny Webster is urging the NZ Transport Agency to prioritise the planned bypass of State Highway 1 west of Warkworth. Read more »

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