Archive for December, 2012

IG Markets – Afternoon thoughts Dec 28

Press Release – IG Markets

Good afternoon, FTSE 5969 +15 DAX 7650 -6 CAC 3680 +6 IBEX 8293 +12 DOW 13081 -15 NAS 2628 -5 S&P 1418 0 Oil 91.35 Gold 1663 Asian markets have responded to the late turnaround seen on Wall Street to post some healthy gains going into the weekend. … Read more »

MARKET CLOSE NZ shares rise to 5-year high; PGW, RYM gain

Article – BusinessDesk

Dec. 28 (BusinessDesk) New Zealand shares rose, pushing the NZX 50 Index to a new five-year high, led by stocks that are among broker picks for 2013, such as PGG Wrightson and Ryman Healthcare. Read more »

NZ dollar gains ahead of fiscal cliff meeting on Sunday

Article – BusinessDesk

Dec. 28 (BusinessDesk) – The New Zealand dollar gained in local trading on optimism US politicians will be able to set aside partisan differences and cut a deal on the US$600 billion in Federal tax increases and spending reductions with a vote set for … Read more »

Fairfax Media slashes New Zealand mastheads value by 80%

Article – BusinessDesk

Dec. 28 (BusinessDesk) – Fairfax Media, which publishes the Dominion Post, Press and Sunday Star Times newspapers, slashed the value of its New Zealand mastheads by more than 80 percent in a group-wide writedown of its traditional publishing assets. Read more » Now Exporting Grappling Dummy to Australia

Press Release – SpartanEquip

Summary: After experiencing success in New Zealand, a leading grappling dummy manufacturer has decided to expand to the Australian market. Read more »

IG Markets – Morning Thoughts

Press Release – IG Markets

After having been negative throughout most of the US session, equities recovered in the last hour of trade on reports that US leaders will return to work on the fiscal cliff negotiations this weekend. Risk assets declined in US trade as the latest headlines … Read more »

Think Before You Buy under 18s a Drink

Press Release – Waikato District Health Board

Date: 28 December 2012 Think Before You Buy under 18s a Drink Think before you buy under 18s a drink. This is the message being supported by the local Waitomo community based Reducing Risk Team this holiday season. The Christmas and New Year holiday … Read more »

NYSE-listed Matson agrees to buy Reef Shipping

Article – BusinessDesk

Dec. 28 (BusinessDesk) Matson, a NYSE-listed shipping company servicing the northern Pacific, has agreed to buy Reef Shipping from its receivers to extend its reach into the South Pacific. Read more »

NZ dollar falls on view US to sail over fiscal cliff

Article – BusinessDesk

Dec. 28 (BusinessDesk) The New Zealand dollar fell as US stocks tumbled on concern America is running out of time to avert US$600 billion of tax hikes and spending cuts starting Jan. 1 that threaten to stall the worlds biggest economy. Read more »

While you were sleeping: Hope fades for budget deal

Article – BusinessDesk

Dec 28 (BusinessDesk) Wall Street sank as Senate Majority Leader Harry Reid warned the US appeared set to head over the so-called fiscal cliff as an agreement between Democrats and Republicans before the year-end deadline seems unlikely. Read more »

Taylor Road to represent New Zealand on world stage

Press Release – Taylor Road

Take yourself back twenty years to the early 90s. In the depths of Australias Blue Mountains, nestled midst a national park, lay Taylor Road, a quaint village-styled street where neighbours were friends and friends were more like family. Every house … Read more »

MARKET CLOSE: NZ shares rise in light holiday trading

Article – BusinessDesk

Dec. 27 (BusinessDesk) New Zealand stocks rose in light holiday trading, helped by gains in Fletcher Building, with US fiscal cliff negotiations likely to be the focus through the year end. Hellaby Holdings rose after agreeing to buy a maintenance … Read more »

NZ dollar gains as tough-talking Japanese govt lifts stocks

Article – BusinessDesk

Dec. 27 (BusinessDesk) – The New Zealand dollar rose in local trading as the prospect of a stronger Japanese government stoked investors’ appetite for riskier assets, with stock markets gaining across Asia. Read more »

Game On Anadarko!

Press Release – Climate Action

A beautiful Interislander ferry trip to the south island. Youve had your photo taken with Gandalf in Wellington. You have your camping gear for a stay in the Abel Tasman. Youve even had your whale watching experience with a humpback whale which … Read more »

IG Markets – Afternoon Thoughts

Press Release – IG Markets

Asian markets are enjoying a positive return to trading today with Japans Nikkei at the forefront of the gains. The index has been on a tear and added another 1.4% today, trading at levels not witnessed since the earthquake last year. The key ingredient … Read more »

Strategic, Lombard receiver seeks settlement with directors

Article – BusinessDesk

Dec. 27 (BusinessDesk) – The receiver for Strategic Finance and Lombard Finance & Investments, PwC’s John Fisk, is in talks to reach settlements with the directors of the two failed lenders in a bid to avoid the costs of taking legal action. Read more »

Six Reasons To Develop a Customer Experience Strategy

Press Release – Customer Experiences

If you assume that what you have been doing in 2012 will be the best way forward in 2013, we urge you to think again for these six reasons. Read more »

Kiwis must move banks to support NZ

Press Release – Democrats for Social Credit

New Zealanders should make their New Years resolution this year to move all their bank accounts over to Kiwibank, or one of the other wholly owned New Zealand banks said Democrats for Social Credit Leader Stephnie de Ruyter. Read more »

China’s Yili to buy Oceania Dairy for $214 mln

Article – BusinessDesk

China’s Yili to buy Oceania Dairy in $214 mln spend-up on infant formula plant Read more »

Kiwis flock to shops on Boxing Day, Paymark figures show

Article – BusinessDesk

Dec. 27 (BusinessDesk) – New Zealanders spent 13.4 percent more on Boxing Day than they did a year ago, the first double-digit growth in sales for five years, Paymark says. Read more »

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