Business
Woolworths in new talks with Warehouse
Australian grocery chain Woolworths has had fresh talks with The Warehouse Group about a possible takeover offer, a source familiar with the situation said.
Bad publicity rains on Diligent's parade
NZPA | 04:37PM
Diligent Board Member Services founder Brian Henry admitted his failure to be open about his past and that of his convicted fraudster brother, Gerald, "rained on his parade" at the company's public listing today.
Abano says other bidders in the wings
NZPA
Abano chairwoman Alison Paterson said that other parties were continuing to express interest in the company and further alternative proposals may emerge.
Wages could be driving people to Aust
A government report has confirmed the wage gap between New Zealand and Australia has widened and it may be driving people across the Tasman.
More Business Stories
- Joneses plans to list on NZX
- Wholesale power prices rise as dry spell continues
- Jobs to go as bathroom maker moves
- New signs of slump in housing
- Diligent lists at $1 issue price
- Warehouse shares take a dive
- Move to close loopholes is 'tough on taxpayers'
- EziBuy snaps up Max Apparel
- Hard cheese for Pizza Hut chain
- $1m for migraine relief
- CHH mum on Hornby plant
- Telesis makes Chch lab software centre
- NZ Farming Systems Uruguay seeking $100m
- Vote to wind up Dairy Equity passed
- VTL says asset sales not sufficient to repay creditors
- Rodney gas-fired power project may go ahead
- NZ Finance secures extra funding lines from banks
- NZ appetite for debt cools in Sept quarter
- Contact may close NP plant permanently
- Hallenstein Glasson upgrading stores to boost sales
- Masthead's Abano bid lapses
- Max an easy buy for EziBuy
- Govt compromise on lease loophole closure welcomed
- Terms of trade highest since March '74
- Restaurant Brands Q3 sales rise 1.9 pc
- Govt to pay tax rebate on redundancy payments
- Houses now 'dead money' for some
- Watchdog ponders Red Shed appeal
- Dollar slows growth spur at Delegat's
- Vita in bed with Pacific Brands NZ
- BT in hedge push
- Vestar payout 'ploy to avoid suit'
- Visa to stop issuing travellers' cheques
- GPG in the hunt for racecourse takeover
- HoT grows Australian arm
- Hawkes Bay airport sale pledged
- Supermarkets advised not to hire teens
Kiwi investors offered a slice of PIE
By BRUCE McKAY - The Dominion Post
Barclays Capital and Macquarie New Zealand have launched a new fund which promises to offer lower risk foreign investment with the tax advantages of being a PIE (portfolio investment entity).
GE sees '08 profit up 'at least' 10 pc
Reuters
General Electric expects its profit to rise "at least" 10 per cent in 2008, led by gains in its infrastructure business, even with a slowing US economy, Chairman and Chief Executive Jeff Immelt said on Tuesday.
A short hop from the top spot
The Dominion Post
For now, Air NZ's shorthaul airlines boss is happy where he is. He talks to Roeland van den Bergh.
Timberlands may face chop
TIM DONOGHUE - Independent Financial Review
State-owned enterprise Timberlands West Coast Limited may quit its business after continued losses and government bailouts.
Dec 13 - Close: NZD hit by renewed weakness in equities markets
NZPA
The New Zealand dollar dived nearly a cent today after the US Federal Reserve lowered interest rates less than many in the market had hoped, putting the heat back on risk assets like the kiwi.
Dec 12 - Open: Dollar plunges after US interest rate decision
Dec 11 - Close: NZD powers to 5 month high
Dec 11 - Open: NZD firms against greenback as US interest rate fall due
Dec 12 - Open: Index falls below 4000 for first time in 4 months
NZPA
New Zealand's main share index fell below 4000 for the first time in four months today after Wall Street fell heavily on a less aggressive than expected rate cut by the US Federal Reserve.
Dec 11 - Close: Market losses pile up despite Telecom's gain
Do yourself a favour - join KiwiSaver
By MARY HOLM - The Dominion Post
A reader protests that, despite my suggestion that everyone under 65 should sign up to KiwiSaver, "reality has it that not many of us can afford it".
NZX Weekly Diary Dates
Content supplied by www.goodreturns.co.nz
Monday, 10 December 2007 to Monday, 17 December 2007.
Take the pulse of your personal finances with Sort Me
Content supplied by Sorted.org.nz
If you've always wanted to get a better handle on your personal finances but don't know where to start, help is at hand.
School Holidays - the perfect time to teach kids about money
ANZ National Bank increase market share
Content supplied by www.goodreturns.co.nz - Stuff.Co.Nz
ANZ/National Bank increased its share of the mortgage market in the September quarter, the first quarter it hasn't lost market share since the June 2006 quarter.
KiwiSaver numbers surge past 300,000
Content supplied by www.goodreturns.co.nz - Stuff.Co.Nz
The number of people joining KiwiSaver continues to defy initial expectations with over 316,000 New Zealanders signing up in just the first five months, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.
Sovereign has announced three key changes to its marketing line-up.
Content supplied by www.goodreturns.co.nz
Scott Black, David Drillien & Linda Clark are all on the move within Sovereign.
- Jessica Alba in nude spa shock
- Stabbed dead for $30 and some cannabis
- Naked man sent to wrong house for sex
- Authority pulls plug on 'worst pub in Canterbury'
- Car hits family as tempers flare in baby killing case
- Shorty prepares for killer ending
- Driver rammed cyclist, then chased her with knife
- Car hits family as tempers flare in baby killing case
- Patient caught fire during operation
- Baby thrown from HK high-rise; girl, 14, arrested
AT&T; hikes dividend, share buybacks
US telco AT&T has announced a share buyback programme worth nearly $US16 billion ($NZ20.9 billion) at current prices and its biggest-ever dividend increase, sending shares of the top US phone company up as much as 7 per cent.
Deal signed for A2 milk in south
A battle for the hearts of milk drinkers has begun, with alternative A2 milk poised to flood supermarket shelves around the South Island.
Toyota's 2008 Sequoia gets makeover
Following extensive research-otherwise known as 'Google' we've determined that the world's largest tree, according to the US National Park Service, is the General Sherman, a sequoia in California's Sequoia National Park.
A short hop from the top spot
For now, Air NZ's shorthaul airlines boss is happy where he is. He talks to Roeland van den Bergh.
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Google revamps NZ maps site
Google has relaunched its maps service in New Zealand, raising the stakes in an already crowded field.
Bernard Hickey on politics, the economy and government
» The broadband debate takes an interesting turn