Stories by Pattrick - Page 3
Spark's market cap slips, as investors weigh increased competition
Fri, 24th Apr 2015
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telco
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spark
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ndi
Spark has slipped from being NZ’s largest listed company, as investors mull its transformation away from telecoms & the risk of increased competition.
Pushpay to raise $13.8 million from shareholders
Thu, 23rd Apr 2015
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pushpay
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investment
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sales
NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.
US burger demand bodes well for NZ beef farmers, economist says
Wed, 15th Apr 2015
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statistics nz
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beef
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retailers
A trend towards eating out in the US, which saw sales at restaurants and bars overtake spending at grocery stores for the first time last month, bodes.
NZ food prices rise at fastest pace since 2011, led by rising fruit and veggie prices
Wed, 15th Apr 2015
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statistics nz
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food
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retailers
New Zealand food prices rose at their fastest annual pace in over three years in March, pushed higher by rising fruit and vegetable prices.
NZ dollar jumps almost 1 US cent after US retail sales miss forecasts
Wed, 15th Apr 2015
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new zealand dollar
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us federal reserve
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anz bank
The New Zealand dollar jumped almost one US cent overnight after US retail sales missed expectations, raising concern about slowing growth in the worl.
While you were sleeping: JPMorgan Chase delivers
Wed, 15th Apr 2015
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wall street
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exxon mobil
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stock market
Wall Street advanced, pushing the Dow and the S&P 500 higher, after JPMorgan Chase reported better-than-expected earnings and energy stocks rose with.
MARKET CLOSE: NZ shares rise led by rebound in MRP
Tue, 14th Apr 2015
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nzx
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meridian energy
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nz
NZ stock market ends on a positive note as MRP's rebound boosts shares from a 6-month low; Orion Health slumps.
NZ dollar rebounds ahead of US data, dairy auction
Tue, 14th Apr 2015
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new zealand dollar
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banking
The New Zealand dollar rebounded ahead of US retail sales data and the latest dairy auction this week, having been driven lower in the wake of weak Ch.
Flurry of IPOs tipped for NZX in coming months, says Nikko Asset equities analyst
Tue, 14th Apr 2015
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accounting systems
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digital banking
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nzx
Kiwi investors can expect a strong pipeline of initial public offerings from New Zealand and Australian companies listing in coming months to take adv.
Next Capital mulls possible IPO, trade sale for Vitaco
Tue, 14th Apr 2015
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vitaco
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next capital
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private equity
The private equity owners of Vitaco Health Group, the trans-Tasman health foods manufacturer, are mulling a possible initial public offering or trade.
AMP Capital NZ taps fixed-income chief Grant Hassell as managing director
Tue, 14th Apr 2015
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nz
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leadership
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salt funds management
AMP Capital New Zealand has named its head of fixed income, Grant Hassell, as managing director, replacing Graham Law, who departs after six years.
NZ Merino inks $8 million contract to supply US-based SmartWool
Tue, 14th Apr 2015
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partner programmes
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us
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wool
The New Zealand Merino Company, which markets the nation's wool to customers on behalf of suppliers, has inked an $8 million one-year deal to supply 6.
Scott Technology first-half profit rises 40% as acquisitions drive revenue growth
Tue, 14th Apr 2015
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scott technology
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capital raising
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shares
Scott Technology, the industrial automation firm, posted a 40 percent gain in first-half profit as sales from recent acquisitions helped drive revenue.
NZ Budget to pump $20M a year into Callaghan Innovation grants
Tue, 14th Apr 2015
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nz
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callaghan innovation
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government
The government will pump an extra $20 million a year into the research and development Growth Grants programme, one of three types of grant administer.
Liquidators of China milk exporter may claw back $145,200 from Chinese directors
Tue, 14th Apr 2015
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ird
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ncf international
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nz
Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.
Smiths City names 'turnaround specialist' Roy Campbell as CEO
Tue, 14th Apr 2015
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shares
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lion
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christchurch
Smiths City Group, the Christchurch-based retail chain, named Roy Campbell as chief executive, replacing Rick Hellings, who departs after 15 years as.
World Bank says sharp slowdown in China would hurt NZ, Australia
Tue, 14th Apr 2015
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nz
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world bank
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australian
A sharp slowdown in China would hurt commodity exporting countries like New Zealand and Australia and spill over into Pacific Island countries, the Wo.
NZ house prices rise 8% in March, led by a 13% jump in Auckland
Tue, 14th Apr 2015
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nz
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housing
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rbnz
New Zealand residential property prices rose in March, led by Auckland where housing supply isn't meeting demand, putting pressure on the market.
Consumers much happier with petrol station competition as prices fall
Tue, 14th Apr 2015
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leadership
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petrol stations
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labour
Petrol stations have taken a big jump up in consumers' esteem in the past year, with 68 percent of those polled in a survey undertaken in January sayi.
NZ business confidence slips in first quarter, consistent with moderating growth
Tue, 14th Apr 2015
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nz
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inflation
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new zealand institute of economic research
New Zealand business confidence slipped in the first quarter, with firms remaining fairly optimistic, consistent with moderating economic growth.
NZ Oil & Gas gets 3 directors on expanded Cue Energy board of 6
Tue, 14th Apr 2015
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shares
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oil and gas
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asx
New Zealand Oil & Gas has gained three directors on an expanded board at Cue Energy Resources after securing 48 percent of the ASX-listed energy compa.
Payday for CallPlus founders in $250M sale to M2
Tue, 14th Apr 2015
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broadband
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digital entertainment
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shares
M2 Group, the ASX-listed voice and data services company, has agreed to acquire New Zealand's Call Plus for $250 million, gaining the nation's third l.
NZ dollar, Aussie fall after Chinese trade data disappoints
Tue, 14th Apr 2015
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new zealand dollar
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australian dollar
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world bank
The New Zealand and Australian dollars touched their lowest levels in almost two weeks after weaker-than-expected trade data from China, the largest t.
Key scotches national water settlement, spruiks irrigation
Tue, 14th Apr 2015
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stakeholders
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economy
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ndi
Prime Minister John Key has reiterated a National-led government will not negotiate a national Treaty of Waitangi settlement over Maori claims to fres.