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 »

Mazda delivers miles to RSA milestone

Press Release – Mazda NZ

Mazda New Zealand has shown support for the Royal New Zealand Returned & Services Association (RNZRSA) by providing them with a new Mazda6 wagon and sedan. The new vehicles will be used to assist with the many events taking place around the country … Read more »

Settlement of Earthquake Claims Tops $13 Billion

Press Release – Insurance Council of New Zealand

The settling of Canterbury earthquake private insurance claims continues apace as pay outs hit the $13 billion mark, advancing at $10 million a day in 2014. Read more »

Stats NZ only have themselves to blame for postponement

Press Release – PSA

The Public Service Association (PSA) says Statistics NZ only have themselves to blame for the indefinite postponement of the release of the Food Price Index: November 2014. Read more »

TSB Bank invests in Wellington Waterfront for 10 more years

Press Release – Wellington City Council

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

Television Series To Support Insurance Information

Press Release – Rebuild Christchurch

Rebuild Christchurch is partnering with CTV to run a 2-part series that takes us behind the scenes on the residential rebuild in Canterbury. Covered – restoring our community looks at how things are progressing post-quake and seeks to get … Read more »

TVNZ Outsourcing

Press Release – PIFT

In regards to the outsourcing of Maori and Pacific programming at TVNZ. Reference TVNZ release Thursday 23rd October. Read more »

EBOS Announces Acquisition of Blackhawk Premium Pet Care

Press Release – EBOS Group

EBOS Group Limited is pleased to announce that it has acquired BlackHawk Premium Pet Care Pty Ltd (BlackHawk) for NZ$57.8 million as part of the companys expansion into the fast-growing premium pet food sector. Read more »

NZ Diversity Survey – benchmarking workplace diversity

Press Release – AUT University

AUT Universitys New Zealand Work Research Institute (NZWRI) has released a report on diversity in New Zealand workplaces. Read more »

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