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Archive for October, 2014

Solid Energy annual losses mount with another $110.6 mln in

Article – BusinessDesk

Oct. 31 (BusinessDesk) – Solid Energy posted its third annual loss in a row as the financially distressed state-owned coal miner wrote down the value of its export operations amid lower coal price assumptions, and warned of more red ink to come. Read more »

Update: China lifts temporary ban on Fonterra whey products

Article – BusinessDesk

Oct. 31 (BusinessDesk) – Chinese authorities have lifted a temporary ban on the importation of Fonterra Cooperative Group’s whey powder and dairy base powder used in the manufacture of infant formula that has been in place since August last year in the wake of the … Read more »

MARKET CLOSE: NZX 50 rises to a record; led by Ebos

Article – BusinessDesk

Oct. 31 (BusinessDesk) – New Zealand shares rose to a record led by Ebos Group amid optimist about its prospects in Australia as it signalled a 10 percent boost to first quarter trading. Steel & Tube and Fletcher Building were boosted by rising building … Read more »

China lifts ban on Fonterra whey powders

Article – BusinessDesk

Oct. 31 (BusinessDesk) – Chinese authorities have lifted a temporary ban on the importation of Fonterra Cooperative Group’s whey powder and dairy base powder used in the manufacture of infant formula that has been in place since August last year in the wake of the … Read more »

TSB Bank invests for 10 more years on Wellington waterfront

Press Release – TSB Bank

Wellington City Council has formally signed an agreement with TSB Bank which increases the Bank’s investment in the Capital City. Read more »

Queenstown urged to support Gigatown Wanaka bid

Press Release – Queenstown Lakes District Council

Queenstown Lakes District Mayor Vanessa van Uden hit the streets today to lend her support for the Gigatown Wanaka campaign. Read more »

NZ dollar heads for 0.5% gain in October

Article – BusinessDesk

Oct. 31 (BusinessDesk) – The New Zealand dollar is heading for a 0.5 percent monthly gain as traders question the sharp appreciation in the greenback since the end of June after an optimistic outlook from the Federal Reserve. Read more »

Hair Loss De-Mystified With Clive Hair Clinics

Press Release – Clive Hair Clinics

There are a great number of myths and misconceptions about hair loss in men and women and the most common hair problems, representing over 75% of enquiries at Clive Hair Clinics are Genetic Thinning, Diffuse Loss and Alopecia. Read more »

Xero 3Q cash burn slows as customer receipts rise 19%

Article – BusinessDesk

Oct. 31 (BusinessDesk) – Xero, the cloud-based accounting firm, slowed its quarterly cash burn in the September quarter from the June period as customer receipts accelerated faster than staff costs. Read more »

Heartland affirms FY guidance

Article – BusinessDesk

Oct. 31 (BusinessDesk) – Heartland New Zealand, the bank formed through the merger of Canterbury and Southern Cross building societies with Marac Finance, affirmed its earnings guidance for the 2015 financial year, and sees annual consumer lending … Read more »

Daifuku investment in BCS accelerates global growth

Press Release – Joint Press Release

Japan’s Daifuku Co., Ltd. is to take a majority stake in one of New Zealand’s fastest-growing companies, New Zealand-headquartered BCS Group; in a move described by BCS CEO Patrick Teo as opening doors for the company’s plans for faster global expansion and access … Read more »

Palmers to open popular Planet store in Westgate centre

Press Release – Palmers

This summer, those living near the expansive new Westgate shopping precinct in West Auckland will join the residents of Albany and Hamilton in being able to enjoy the wonder, convenience and practicality of a Palmers Planet store. Read more »

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