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Friday, 01 August 2014
New Zealand Exchange Limited
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DataRoom AM: QBE sales tactics
09:33 | 31/7/14
The insurer, which announced another profit downgrade earlier this week, will be hopeful of recouping all of the $1.2 billion it paid for Winterthur in 2007, but that might be a stretch if speculation of limited buyer activity is true. ... Finally, law ...
NZ regulator issues first equity crowd funding licences
09:00 | 31/7/14
Companies are limited to raising no more than $2 million from the public in any 12-month period. The licensing of these crowd funding intermediaries forms part of the new capital-raising opportunities facilitated by the Financial Markets Conduct Act ...
Australia shares seen in tight range, investors eye US Fed
11:26 | 30/7/14
New Zealand's benchmark NZX 50 index dipped 0.1 percent in early trade. * U.S. stocks fell on Tuesday, ... Tabcorp Holdings Ltd said it has reached an agreement with the ACT Government to acquire ACTTAB for A$105.5 million. * Wall St ends down; Twitter ...
High Court rejects cost of capital appeal
00:00 | 30/7/14
Vector Ltd (NZX: VCT) said yesterday that the High Court rejected the Major Electricity Users' Group's (MEUG) application for leave to appeal a merits review decision.
Australia shares close at 6-year high, QBE slumps
18:22 | 29/7/14
QBE Insurance Group Ltd slumped 11.1 percent to a 7-month low of A$10.57 after Australia's biggest insurer by premium income warned its first-half results would likely fall short of analysts' forecasts.
Asia Stocks at 6-Year High Rise for 3rd Day Ahead of Fed
12:23 | 29/7/14
QBE Insurance Group Ltd. tumbled 12 percent after Australia's second-biggest insurer said profit in the six months ended June 30 may fall 18 percent due to higher claims in Argentina.
Australia shares seen steady, investors eye housing data
11:03 | 29/7/14
New Zealand's benchmark NZX 50 index ticked 0.1 percent higher in early trade. * U.S. stocks ended nearly flat overnight as the latest deal news offset losses following discouraging data on the ... QBE Insurance Group Ltd said it expects net profit ...
Telecom Place – Augusta's latest syndication
14:15 | 28/7/14
Mr Houlker says the building being syndicated forms part of a premium grade campus style office development that was purpose built by Mansons TCLM Ltd for Telecom New Zealand Limited and completed in 2010. Three of the ... Augusta Funds Management is a ...
Acurity's principal shareholders seek to take business private
09:11 | 28/7/14
Connor Healthcare Limited (Connor), a company jointly established by the two principal shareholders in Acurity, has today issued a takeover notice to acquire the balance of the shares it does not own in the listed private healthcare provider at $6.50 ...
Australian shares slip
12:45 | 26/7/14
New Zealand's benchmark NZX 50 index added 0.4 percent or 19.6 points to finish the session at 5,194.3. Benchmark iron ore prices in China fell for the fifth straight session, hit by ample supplies and the reluctance of well-stocked end-users to make ...
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