Archive for January, 2010

FX Daily Planet: View for the day

Press Release – J P Morgan

The bounce in risk markets following Obama’s state of the union speech proved to be very short lived as disappointing economic news has dampened bullish sentiment. Stocks are currently selling off, lower by around 1% in afternoon trading. Read more »

XT Outage – South of Taupo 29 Jan Update

Press Release – Telecom New Zealand

Following service issues on our XT network Wednesday, a number of cell sites in areas in the lower South Island, including Dunedin, Invercargill, Timaru and Queenstown are still affected, resulting in a loss of XT service those areas. We apologise for … Read more »

Who is on Q+A’s first episode of 2010

Press Release – Television New Zealand

TVNZ Political Editor, Guyon Espiner will interview Labour Party Leader, Phil Goff about his strategies for rebuilding the party this year and what he plans to do to try and grow his popularity with voters. Maori MP, Hone Harawira talks to Paul Holmes … Read more »

Telecom to put forward proposition on fibre

Press Release – Telecom New Zealand

Telecom will today submit its response to the Invitation to Participate in providing Ultra-Fast Broadband (UFB) for New Zealand. Telecom will provide a fully compliant Preferred Commercial Model proposal, and an Alternative Commercial Model proposal. … Read more »

Stocks to watch: Affco, Air NZ, Fletcher, Telecom

Article – Businesswire

Jan. 29 (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 »

Tribal leader slams Maori academic for disrespect

Press Release – David Rankin

Ngapuhi tribal leader David Rankin, has condemned Canterbury University lecturer Rawiri Taonui for showing “gross disrespect” in criticising the new Air New Zealand uniform designs. “Mr Taonui has come out attacking the designs because they are … Read more »

Thanks Jeanette! – CTU

Press Release – New Zealand Council of Trade Unions

Helen Kelly, CTU President, said today that the union movement has enormous appreciation of the contribution made by Jeanette Fitzsimons during her time in Parliament. Kelly said: “Jeannette is a champion for the environment, a strong supporter of the role … Read more »

While you were sleeping: Techs rattle Wall Street

Article – Businesswire

Jan. 28 (Business Wire) – Technology stocks took Wall Street sharply lower after Qualcomm and Motorola disappointed investors. Shares in Apple fell, adding to the gloom, as its new iPad tablet computer was harshly criticised by some bloggers. Read more »

MARKET CLOSE: NZ shares extend drop; TEL, PPP fall

Article – Businesswire

Jan. 28 (BusinessWire) – New Zealand shares fell, pushing the NZX 50 Index to the lowest level in more than a month, as Telecom Corp. endured a second day of outages on its XT network and the price of oil fell, weighing on Pan Pacific Petroleum. Read more »

Cyclists call for ceasefire

Press Release – Cycling Advocates Network

Cycling advocates are calling for a ceasefire in the latest skirmish between some drivers and cyclists. A Christchurch businessman has today issued a statement, apologising for his online remarks in which he said he wanted to “nail” cyclists with his Hummer. Read more »

ADB Launches Inaugural New Zealand Dollar

Press Release – Asian Development Bank

The Asian Development Bank (ADB) last week launched its inaugural New Zealand dollar Kauri issue with the pricing of a NZD 225 million four-year bond. The proceeds will be part of ADB’s ordinary capital resources and used in its non-concessional operations. Read more »

2009’s Marketing Grand Masters to be announced

Press Release – The Marketing Association

On 26 February 2009’s best response-driven marketing campaigns and the talented marketers behind them will be honoured at the RSVP and Nexus Awards. With less than a month to go, make sure you book your table and join us to celebrate marketing’s … Read more »

January 28 issue of the BNZ Weekly Overview

Article – BNZ Weekly

The week has been relatively quiet with regard to information on the New Zealand economy. Data have emerged showing both households and businesses avoiding borrowing, while credit card spending fell away late last year. The highlight was this morning’s … Read more »

Investor Confidence Soars to Record High

Press Release – ASB Bank

• Highest positive response since the survey began in 1998 • Shift in attitude towards investments with greater potential returns • Rental properties remain number one investment Investor confidence has climbed to the highest recorded level since … Read more »

NZ cartel crackdown aims to cut price gouging 20%

Article – Businesswire

Jan. 28 (BusinessWire) – A crackdown on cartels in New Zealand led by Commerce Minister Simon Power could save consumers facing prices up to 20% higher by companies gouging them. Read more »

Stop turning Mackenzie Basin into giant farm

Press Release – Forest and Bird

Forest & Bird welcomes the Government’s call-in of the Mackenzie Basin factory farm consents, but says this will not stop the growing number of massive green irrigation circles that are destroying the fragile landscape. Read more »

Keeping it social the key to business success

Article – BNI New Zealand

It took an apparent failure to reach a corporate goal that taught one company that business referral networking is not a numbers game. “Small and intimate should be the rule of thumb for business networks,” says BNI New Zealand National Director … Read more »

New Zealanders opt for traditional borrowing

Press Release – Veda Advantage

New Zealanders are choosing more traditional and structured forms of borrowing over the plastic fantastic. Latest data from leading credit bureau Veda Advantage shows more and more New Zealanders are choosing to purchase goods and services by way of … Read more »

Demand for wool running ahead of supply

Press Release – New Zealand Wool Services

New Zealand Wool Services International Ltd reports that prices at today’s wool sales generally rose across the board on the back of strong demand and a favourable currency factor. Read more »

Strike action by attendants at Waikato Hospital

Press Release – Waikato District Health Board

The Unite Incorporated (Unite) union called a 24-hour strike this Friday 29 January for members employed as attendants at Waikato Hospital. The direct impacts on patients and the public will be minimal. Waikato DHB has ensured all essential and urgent … Read more »

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