Archive for the 'Business' Category

Dorchester closes oversubscribed $30M capital raise

Article – BusinessDesk

Dorchester closes $30 million capital raise, applications exceed offer

By Suze Metherell

Oct. 24 (BusinessDesk) – Dorchester Pacific, the finance company midway through a takeover for Turners Group, has closed its $30 million capital raising saying the offer was oversubscribed. Read more »

Sky TV to launch $20/month subscription ondemand service

Article – BusinessDesk

Sky TV to launch $20/month subscription video ondemand service

By Fiona Rotherham

Oct. 24 (BusinessDesk) – Sky Network Television, the country’s dominant pay-TV operator, will launch a new $20 a month subscription video ondemand service, Neon, in December, targeting non-Sky customers as it faces intensifying competition for viewers. Read more »

Cavalier shares drop 10% after profit warning

Article – BusinessDesk

Cavalier shares drop 10% after profit warning

By Paul McBeth

Oct. 24 (BusinessDesk) – Shares of Cavalier Corp dropped 10 percent after the carpet maker warned it will probably miss earnings guidance due to a strong kiwi dollar against its Australian counterpart and a high price of wool. Read more »

2015 NZ Hotel Industry Conference date & venue announced

Press Release – Hotel Industry Conference

2015 New Zealand Hotel Industry Conference date & venue announced

The 2015 New Zealand Hotel Industry Conference will be held at The Langham, Auckland on Thursday, 4 June 2015. Read more »

Andrew North – Australasia’s top auctioneer

Press Release – Harcourts

Andrew North – Australasia’s top auctioneer

24 October 2014

Read more »

Sky TV sees annual profit gain of up to 8.6% in 2015

Article – BusinessDesk

Sky TV sees annual profit gain of up to 8.6% in 2015, flags new ondemand service

By Paul McBeth

Oct. 24 (BusinessDesk) – Sky Network Television, the country’s dominant pay-TV operator, sees annual profit rising as much as 8.6 percent in the 2015 financial year, and plans to upgrade its customer set-top boxes and roll out a new web-based ondemand service. Read more »

Ziera Shoes Named Supreme Topshop in All of New Zealand

Press Release – Ziera

Ziera Shoes Named Supreme Topshop in All of New Zealand
The best shops from around the Upper North Island, and across New Zealand have been named in the Retail NZ TopShop Awards ceremony held in Auckland last night. Ziera Shoes in Broadway Newmarket was named not only the Overall Regional TopShop for the Upper North Island, but also the Supreme TopShop in all of New Zealand. Read more »

Mighty River Power Operational Update: 30 Sept 2014

Press Release – Mighty River Power

Mighty River Power Operational Update for the three months ended 30 Sept 2014

• Energy Price down 2%
• Electricity Generation up 10%
• 9,000 AMI Meters deployed during the period Read more »

Architects put construction upswing in Context

Press Release – Context Architects

Architects put construction upswing in Context
Auckland and Christchurch based Context Architects has made two new appointments and announces two promotions this month. “It’s a sign of increasing activity in the residential sector, Read more »

Niue Tourism Welcomes Second Service and Hotel Brand

Press Release – Niue Tourism

Niue Tourism Welcomes Second Service and Hotel Brand

Auckland, 24 October, 2014 – Niue Tourism is welcoming the continuation of Air New Zealand’s second seasonal service to the island commencing April 2015. Read more »

DNZ revalues portfolio by $10.7 million

Article – BusinessDesk

DNZ revalues portfolio by $10.7 million

By Suze Metherell

Oct. 24 (BusinessDesk) – DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the first half and has leased over three quarters of its new Auckland mall. Read more »

DNZ revalues portfolio up by $10.7 million

Article – BusinessDesk

DNZ revalues portfolio up by $10.7 million

By Suze Metherell

Oct. 24 (BusinessDesk) – DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the first half and has leased over three quarters of its new Auckland mall. Read more »

Sealegs turns first-half profit

Article – BusinessDesk

Sealegs turns first-half profit as local market drives sales, Brazil opens new doors

By Paul McBeth

Oct. 24 (BusinessDesk) – Sealegs Corp, which makes amphibious boats, turned a first-half profit after strong local demand underpinned a pick-up in sales, and as it taps new markets in South America. Read more »

VTNZ Named New Zealand’s 2014 Best Workplace

Press Release – Kenexa Best Workplaces Survey

VTNZ Named New Zealand’s 2014 Best Workplace

Auckland, New Zealand, 24 October 2014 – Read more »

New Zealand/ wins Trans-Tasman Auctioneering ‘Test’

Press Release – Real Estate Institute Of New Zealand

News release 23 October 2014

New Zealand/ wins Trans-Tasman Auctioneering ‘Test’

In a five way contest Andrew North of Harcourts New Zealand won the final of 16th Australasian Real Estate Institutes’ Auctioneering Championship held in Auckland today. Read more »

Sky TV signs conditional deal to renew rugby rights

Article – BusinessDesk

Sky TV signs conditional deal to renew rugby rights; shares gain

By Tina Morrison

Oct. 24 (BusinessDesk) – Sky Network Television, New Zealand’s dominant pay-TV company, has signed a conditional contract to renew its five-year deal with the New Zealand Rugby Union and the SANZAR unions for an undisclosed amount. The shares rose to a two-week high. Read more »

ANZ workers to resume targeted strike action

Press Release – First Union

Media Release: FIRST Union

Thursday 23 October 2014

ANZ workers to resume targeted strike action

Workers at numerous ANZ branches around the country will resume strike action against the bank tomorrow at various times, including in nine branches around Auckland. Read more »

Auckland Airport’s duty free told to drop the hard sell

Article – BusinessDesk

Auckland Airport’s duty free retailers told to drop the hard sell

By Fiona Rotherham

Oct. 23 (BusinessDesk) – Auckland International Airport, the country’s main gateway, said it had talked to its two duty free retailers following what it called “over-zealous competition” at the airport. Read more »

2014 annual meeting shareholder poll results

Press Release – Auckland Airport

Media Release l 23 October 2014

2014 annual meeting shareholder poll results

The annual meeting of shareholders of Auckland International Airport Limited was held today at the Vodafone Events Centre in Manukau, Auckland. Read more »

Fonterra starts consultation on two new SI milk driers

Article – BusinessDesk

Fonterra starts consultation on two new South Island milk driers

By Fiona Rotherham

Oct. 23 (BusinessDesk) – Fonterra Co-operative Group, the world’s biggest dairy exporter, has begun a consultation process prior to lodging consent applications to build two new high-efficiency milk powder driers at its Studholme site in South Canterbury. Read more »

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