Article – BusinessDesk

July 29 (BusinessDesk) – Hospital operator Wakefield Health Ltd.’s third bid to acquire a controlling stake in Norfolk Investments may be gaining traction, with the company announcing today that it now holds 28.7% of the takeover target. Read more »

Press Release – New Zealand Government

Wellington CIB are continuing to investigate an attempted robbery of a Kilbirnie superette on Sunday night (24 July 2011). Read more »

Article – BusinessDesk

July 29 (BusinessDesk) – Pacific Edge Ltd., the biotech start-up that has embarked on global sales of its cancer tests, is tapping investors for more funds after burning through half of the $4.88 million it raised selling shares last year. Read more »

Article – BusinessDesk

July 29 (BusinessDesk) – Even a swansong dinner with the Minister of Finance and Reserve Bank Governor couldn’t get Treasury Secretary John Whitehead to give up his austere ways – it was pizza all round. Read more »

Press Release – Green Party

The minimum wage would be $15.60 if it had increased at the same rate as the wealth of the richest New Zealanders the Green Party said today. Read more »

Article – BusinessDesk

July 29 (BusinessDesk) – New Zealand building consents for residential housing fell 4.5% last month, ending a three-month run of increases. Read more »

Press Release – Kelloggs

Kellogg (Aust) Pty Ltd is recalling a limited number of Kellogg’s Crunchy Nut Clusters cereal packs as a precautionary measure. Read more »

Press Release – New Zealand Government

Health Minister Tony Ryall has congratulated the Lakes District Health Board for achieving 100 per cent in the ‘Better Help for Smokers to Quit’ preventive health target, in the last quarter. Read more »

Press Release – ACT New Zealand

A new poll showing one in eight New Zealanders is thinking of leaving the country permanently, including one in five 18-30-year-olds, is as unsurprising as it is saddening, says ACT New Zealand leader Dr Don Brash. Read more »

Press Release – Hutt City Council

Hutt City Libraries are set to offer a new text alert service to remind customers when items are due back and when they are overdue. Read more »

Press Release – Singapore Airlines

The Group’s performance for the first quarter of the 2011-12 financial year was impacted by high fuel costs, resulting in an 82 percent drop in net profit attributable to equity holders to SG$45 million (NZ$41 million), compared to SG$253 million (NZ$228 … Read more »

Press Release – Goodman Group

Goodman Group (Goodman) today announces its intention to rebrand the Japanese property group, J-REP Co. Ltd. (J-REP), listed on the Tokyo Stock Exchange, as Goodman Japan Limited. The rebranding has been approved by the J-REP Board of Directors subject … Read more »

Press Release – Statistics New Zealand

In June 2011, the number of new homes authorised fell slightly (1.4 percent), after adjusting for seasonal effects, Statistics New Zealand said today. If the volatile apartment category is excluded, the number of new homes shows a larger fall of 4.5 … Read more »

Article – BusinessDesk

July 29 (BusinessDesk) – Iron Mountain Inc., the NYSE-listed information management company, wants to sell its New Zealand unit after reviewing its international businesses. Read more »

Article – BusinessDesk

July 29 (BusinessDesk) – Z Energy Ltd., the chain of petrol stations owned by Infratil Ltd. and the New Zealand Superannuation Fund, has abandoned plans for a another sale of 7.25% bonds, saying the timing isn’t right to raise more of the debt. Read more »

Column – Tony Alexander Market Reports

This week’s Overview is smaller than normal as I have been (and still am) on the road giving talks in Blenheim, Nelson and Greymouth and substantial time has been spent driving. So lets get into it. The Reserve Bank this morning met fairly much … Read more »

Press Release – National Distribution Union

A 20 per cent increase in wealth of those on the NBR’s Rich List will go down like a cup of cold sick with workers and beneficiaries battling rising costs, the National Distribution Union said today. Read more »

Press Release – Cameron Brewer

Auckland Councillor Cameron Brewer says Auckland Mayor Len Brown needs to be honest with the public and admit rail to the Auckland Airport in nine years and rail to Albany in 14 years will not be delivered, despite his insistent campaign promises … Read more »

Article – BusinessDesk

July 29 (BusinessDesk) – The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified. Read more »

Press Release – Auckland Transport

Rail patronage in Auckland has reached a record high with ten million passenger journeys within a twelve month period achieved today. Read more »