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New Zealand (NZ) stories - Page 110

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NZ listed company earnings underwhelm analysts in market priced for stronger growth
Tue, 10th Mar 2015
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healthtech
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new zealand dollar
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forsyth barr
New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.
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Law firm puts out feelers for class action against cladding manufacturers
Tue, 10th Mar 2015
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adina thorn lawyers
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carter holt harvey
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legislation
Law firm Adina Thorn Lawyers is asking leaky building owners to join a proposed class suit against plaster cladding manufacturers, which it says could.
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Emulex invests in Kiwi tertiary students
Tue, 10th Mar 2015
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edutech
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emulex
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callaghan innovation
​Emulex Corporation is continuing to invest in New Zealand’s education sector and develop its next generation of engineering talent.
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NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Mon, 9th Mar 2015
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economics
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rbnz
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extend
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.
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Chatham Rock seeks another $1.25M to pursue new seabed mining licence
Fri, 6th Mar 2015
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nzax
Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.
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UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Fri, 6th Mar 2015
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capital
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nzx
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ipo
Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.
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NZ wool market mixed amid targeted buying
Fri, 6th Mar 2015
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nzx
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demand
New Zealand crossbred wool, which accounts for the majority of the country's production, rose to a three-and-a-half month high this week on lower volu.
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NZ wholesale trade rises for third quarter in December
Fri, 6th Mar 2015
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sales
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financial results
New Zealand's wholesale trade grew for a third quarter in the final three months of 2014, with increased activity for apparel, pharmaceuticals and fur.
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NZ economy to grow close to 3% in 2015 as building offsets dairy decline: Moody's
Fri, 6th Mar 2015
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government
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banking
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moody's
New Zealand's economy is expected to grow at an annual pace close to three percent this year as increased building activity in its two biggest cities,.
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Open Country posts record annual profit on surge in sales, sees 'strong' 2015
Thu, 5th Mar 2015
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sales
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revenue
Open Country Dairy, the dairy manufacturer controlled by Talley's Group, reported a record profit for 2014 as revenue growth outpaced rising cost of.
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Bridges pushes NZ as 'most ready in the world' for electric cars
Thu, 5th Mar 2015
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datacentre infrastructure
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cartech
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power / energy
Transport and Energy Minister Simon Bridges has officials investigating ways to accelerate the uptake of electric vehicles, although is ruling out inc.
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Don't wait for FTA before acting on India, says India-NZ business council chair
Thu, 5th Mar 2015
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cricket world cup
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india-new zealand business council
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investment
New Zealand companies looking to do business in India should move beyond a mutual love of cricket and not wait for a free-trade agreement before seeki.
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Rex Bionics widens full-year loss as commercialisation costs rise
Wed, 4th Mar 2015
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rex bionics
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r&d
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government funding
Rex Bionics Plc, the New Zealand company listed on the London Stock Exchange's AIM market, said higher costs to commercialise its robotic exoskeletons.
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SimpliVity hones in on the ANZ region
Wed, 4th Mar 2015
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partner programmes
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simplivity
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partners
Morris says SimpliVity is currently focused on building strong relationships with partners and building the vendor's reputation in the ANZ region.
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NZ new vehicle sales jump 8.1% to 31-year high in February
Wed, 4th Mar 2015
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cartech
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car
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sales
NZ's economy vrooms as new vehicle sales soar 8.1% in Feb, hitting a 31-year peak on strong economy and migration trends.
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NZX share trading climbs in February, equity market tops $100bln
Wed, 4th Mar 2015
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nzx
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stock market
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kiwisaver
The volume and value of cash trading on New Zealand's share market rose in February, snapping a decline a month earlier, and helped push the value of.
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Blue Chip's Bryers accused of muddying Talos role
Tue, 3rd Mar 2015
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insolvency
Former Blue Chip boss Mark Bryers was accused of contriving to present himself as a consultant to Talos Accounting Group, when he was actually running.
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'Astonishing' year for PC sales as NZ records new record sales
Tue, 3rd Mar 2015
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hp
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pc market
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analyst report
The New Zealand PC market logged an ‘astonishing’ year in 2014, with year-on-year growth of 15.9% and 774,400 units shipped.
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NZ property values rise at fastest pace in 5 months in February, led by Auckland
Tue, 3rd Mar 2015
New Zealand residential property values rose at the fastest pace in five months in February, driven by strong demand in Auckland.
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Goodman to spend $28 million on three new developments
Tue, 3rd Mar 2015
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shares
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industrial
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goodman
Goodman Property Trust, New Zealand's largest listed property investor by market value, will spend $28 million on two new industrial plants and an off.