Economy News

Friday, 18 May 2012

Economy News

Ryman posts record annual profit
09:58 | 17/5/12

3News
Ryman Healthcare, New Zealand's largest retirement village operator, has posted a 17 per cent increase in profit to a record after it sped up its building programme to meet demand for units. more»
Infratil earnings rise to $520 million
11:28 | 15/5/12

3News
Infratil has lifted its full-year dividend after earnings beat expectations. more»
Fonterra comes out swinging on competition
16:23 | 10/5/12

3News
Fonterra Cooperative Group executives have rubbished a Deloitte report for local dairy industry competitors that claims it charges up to 50 cents a kilogram too much to supply them milk. more»

Key Christchurch rebuild role stays local
16:11 | 10/5/12

3News
A New Zealand company involved in the redevelopment of Picton's waterfront will work to develop the blueprint for the rebuild of central Christchurch. more»
Supreme Coffee: 'Fairtrade certification is too limiting'
08:53 | 4/5/12

3News
Fairtrade Fortnight begins tomorrow - a campaign aiming to raise awareness about how buying fairtrade-certified products benefits growers in developing countries. more»
APN reviews NZ assets
15:34 | 2/5/12

3News
APN News and Media says its NZ media properties are under strategic review and has flagged a fall in first half net profit. more»
Banks not feeling the economic pinch - KPMG
09:45 | 24/4/12

3News
While many New Zealand businesses continue to feel the pinch, it seems the banks are not. more»
GPG exits disastrous stake in UK firm
10:21 | 17/4/12

3News
Guinness Peat Group has exited its remaining holding in Ashley House, a UK-based health and social care property company whose shares have slumped 93 per cent in the past six years. more»
Mighty River shares set to be a sell-out
15:26 | 10/4/12

3News
The sale of shares in electricity generator and retailer Mighty River Power is likely to attract more buyers than available stock. more»
Prison ‘inevitable’ for Bridgecorp director
17:14 | 5/4/12

3News
A judge at the Auckland High Court has told Bridgecorp boss Rod Petricevic that a prison sentence is inevitable. more»
Construction-led improvement in NZ
15:37 | 29/3/12

3News
The construction industry is leading business confidence higher in the latest National Bank Business Outlook survey. more»
Arab Spring opens door for Burger Fuel
13:44 | 27/3/12

3News
New Zealand's Burger Fuel chain has signed up a new franchisee in post-Gadhafi Libya, adding to stores opened in Saudi Arabia and plans for Iraq and Qatar. more»
Endace shares sink 13 percent
11:09 | 20/3/12

3News
Shares in Endace sank 13 percent after the Auckland-based company slashed its annual profit forecast in half. more»
Redundancies at Pike River mine
13:06 | 8/3/12

3News
Eight workers at the Pike River mine are being made redundant. more»
Regulator happy with Telecom split
15:21 | 1/3/12

3News
The Commerce Commission is happy with last year's structural separation of phone company Telecom and its network unit Chorus. more»

Global Indices

Code	Last	Change
NZ50	3,522	7	0.20%
COMP	2,874	20	0.68%
DJI	12,599	33	0.26%
SP500	1,305	20	1.51%
DAX	7,079	0	0.00%
FTSE	5,405	32	0.60%
NI225	10,255	237	2.36%
TWI	69.29	0.08	0.12%

11:11	Forex - NZD/USD up on economic data
09:08	Ryman Healthcare FY12 Net Profit NZ$120.8M Vs NZ$100.2M Year Ago
23:14	KSWT: Local News, Weather, Sports Yuma, AZ El Centro Imperial Valley, CA Judge ...
12:51	Rakon Slumps Most in 3 1/2 Years After Loss: Wellington Mover
22:33	Exchange rate forecasters say a return to strength for the Australian dollar ...

Code	Last	Change
EURUSD	1.270	0.003	0.22%
NZDUSD	0.7647	0.0010	0.13%
AUDUSD	0.9903	0.0018	0.18%
NZDAUD	0.7719	0.0005	0.06%


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