Economy News

Saturday, 25 May 2013

Economy News

GPG pension headache acknowledged
11:59 | 23/5/13

3News
Guinness Peat Group will have to keep on more staff than previously planned as it works with the UK regulator over its liability for the Coats pension schemes. more»
Fisher & Paykel beats expectations
10:58 | 23/5/13

3News
Fisher & Paykel Healthcare, which makes breathing masks and respirators, expects to beat analyst expectations for its 2014 profit. more»
Wrightson woes don't worry Agria
11:47 | 16/5/13

3News
Agria Corp has brushed off local subsidiary PGG Wrightson's profit warning as a "temporary setback" and is still optimistic about the long-term outlook for the New Zealand rural services firm. more»

PGG Wrightson earnings hit by drought
09:26 | 14/5/13

3News
PGG Wrightson expects annual earnings to fall by as much as 27 percent as dry conditions on both sides of the Tasman erode prices. more»
Solid Energy faces 105 job cuts - reports
13:49 | 8/5/13

3News
The Government is being accused of negligence as more job cuts are announced at Solid Energy. more»
Google builds up NZ business
12:59 | 8/5/13

3News
Google NZ stacked on workers last year to keep pace with an online advertising market that's growing at the expense of newspapers and television. more»
Fonterra's milk collection down 0.5%
11:43 | 8/5/13

3News
The impact of drought on dairy farms was greater than Fonterra anticipated, with milk collection down 0.5 percent. more»
Z Energy lifts earnings
11:34 | 3/5/13

3News
Z Energy's second full year of operation since its sale to local investors by Shell has produced a 13.1 percent lift in operating earnings. more»
Kathmandu enjoys autumn despite warmth
11:13 | 1/5/13

3News
Shares in Kathmandu have risen 2.2 percent after the outdoor equipment retailer said it kept its pace of sales growth. more»
Five Star finance founder jailed
15:43 | 19/4/13

3News
Five Star group founder Neill Williams has been jailed for three years and seven months. more»
GPG agrees to sell stake in CIC Australia
15:11 | 10/4/13

3News
Guinness Peat Group will accept Peet's offer for its 19.9 percent stake in CIC Australia "subject to there being no superior proposal". more»
Methven annual profit falls 21 per cent
16:46 | 9/4/13

3News
Methven says full-year profit fell about 21 per cent on weaker trading in the Australian market. more»
SCF receivers claw back $774.4 million
15:34 | 25/3/13

3News
The receivership of South Canterbury Finance is expected to be completed on March 31, having reduced the amount owing to the Crown by $774.4 million. more»
Lost opportunity in Elder's appearance
16:58 | 14/3/13

3News
Politics seemed to get in the way when Don Elder answered questions from Parliament's commerce committee today. more»
Buyer interest heats up for Orcon
13:55 | 12/3/13

3News
Orcon, the internet service provider owned by state-owned Kordia, has attracted "intensified" buyer interest in recent months. more»

Global Indices

Code	Last	Change
NZ50	4,526	62	1.36%
COMP	3,459	4	0.11%
DJI	15,295	13	0.08%
SP500	1,647	3	0.21%
DAX	7,789	91	1.15%
FTSE	6,697	143	2.10%
NI225	12,494	22	0.18%
TWI	76.22	0.16	0.21%

11:07	Aussie dollar plummeting
08:33	NZ dollar bounces back from 8-month low
09:04	NZ dollar bounces back from lows
09:55	Australian dollar rallies at the open
00:01	Polish retail sales disappoint

Code	Last	Change
EURUSD	1.293	0.001	0.04%
NZDUSD	0.8084	0.0022	0.27%
AUDUSD	0.9650	0.0094	0.96%
NZDAUD	0.8382	0.0025	0.30%


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