Business Scoop

Archive for December, 2011

Mike Pero Real Estate Expands Into Cook Islands

Press Release – Mike Pero

Today Mike Pero Real Estate (MPRE) officially opened its first offshore office, in the Cook Islands. The newest national real estate brand in New Zealand, MPRE only began listing homes eight months ago and has already defied the odds given by its … Read more »

Seaside campground pitched for sale

Press Release – Bayleys

A seaside camp ground business located on one of New Zealand’s most spectacular coastal highways is on the market for sale. Read more »

Boaties reminded about exclusion zone

Press Release – Bay of Plenty Regional Council

Bay of Plenty Regional Council harbourmasters are reminding boaties about the exclusion zone surrounding the grounded container ship MV Rena on Astrolabe Reef. Read more »

IG Markets – Morning Prices Dec 30

Press Release – IG Markets

US markets staged a strong rally, with the S&P 500 closing back above its 200-day moving average. Read more »

Sparta On Way To NZ

Press Release – Maritime New Zealand

Rescue Coordination Centre New Zealand (RCCNZ) tonight advised that the SPARTA rendezvoused with her sister ship CHIYO MARU No 3 where provisions and fuel were transferred to the CHIYO MARU allowing SPARTA to develop an even keel. Read more »

Rena Update: Weather Dominates

Press Release – Maritime New Zealand

Salvage • Rain, wind and swell are the dominant factors with no salvors on board Rena today • The Smit Borneo has been stood off and may be repositioned on the port side of the vessel once the weather improves • Other vessels are using the … Read more »

NZ dollar rises in final day of 2011 on upbeat US data

Article – BusinessDesk

NZ dollar rises in final day of 2011 as US data helps offset steep Italian bond yield Read more »

While you were sleeping: US economy saves the day

Article – BusinessDesk

Dec. 30 (BusinessDesk) – Better-than-expected numbers on the US housing and labour markets, as well as business activity in the world’s largest economy bolstered equities in Europe and on Wall Street, outweighing a challenging debt auction for Italy. Read more »

Tenon shares trade 6.2% above buyback price as offer closes

Article – BusinessDesk

Dec. 29 (BusinessDesk) – Tenon, the wood mouldings company, completed the buyback of 1.7 percent of its stock and has been rewarded with a share price now 6.2 percent higher than what it paid. Read more »

NZ dollar holds ground; all eyes on Italian bonds overnight

Article – BusinessDesk

Dec. 29 (BusinessDesk) – The New Zealand dollar traded steadily after an overnight selloff triggered by concerns over the European Central Bank’s ballooning balance sheet. Read more »

MARKET CLOSE: NZ share rise, bucking U.S. overnight slide

Article – BusinessDesk

Dec. 29 (BusinessDesk) – Tiny volumes of shares traded on the NZX today, with shares drifting in the holiday atmosphere and a 0.3 percent rise in the NZX 50 Index to 3246.254. Read more »

Ngati Kuri acquire Waimarama Orchards

Press Release – Ngati Kuri

The Ngati Kuri Trust Board today announced the purchase of the 311 hectare Waimarama Orchards in a move described by Trust chairman Harry Burkhardt as the first in a series of steps planned by the Trust to rebuild the iwi’s economic future. Read more »

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