Archive for the 'Business' Category

Vector warns on $80M hit from falling electricity use: CEO

Article – BusinessDesk

Vector warns on $80 mln hit from falling electricity consumption, CEO says

By Suze Metherell

Oct. 22 (BusinessDesk) – Vector, the Auckland lines company, says falling electricity consumption will cost it up to $80 million because of the way it’s regulated, according to chief executive Simon Mackenzie. Read more »

Why Creatives Still Need Help With Being Creative

Press Release – Creative Flow

Why Creatives Still Need Help With Being Creative.

A screenwriter and a psychologist have joined forces to design a new training workshop for people who rely on ideas for a living. Read more »

Orion private placements provide clue for IPO price

Article – BusinessDesk

Orion private placements provide clue for IPO price

By Fiona Rotherham

Oct. 22 (BusinessDesk) – Recent issues of Orion Health Group shares to private investors provide clues to the issue price in its upcoming initial public offer, Read more »

ASB and ASB Community Trust end long-term relationship

Press Release – ASB Bank

ASB and ASB Community Trust end long-term sponsorship relationship
ASB and the ASB Community Trust have reached a mutual agreement to end their long-term sponsorship relationship. Read more »

New Chair And Directors for NZ Law Limited Board

Press Release – NZ LAW

NEW CHAIR AND DIRECTORS FOR
NZ LAW LIMITED BOARD
NZ LAW Limited has announced the appointment of its new chairman – Michael Busch, as well as the re-election of director, David Graham and the election of two new directors to its board – Gerard DeCourcy and Mark Henderson. These appointments took effect from 17 October 2014. Read more »

New member laureate programme

Press Release – Property Council Of New Zealand

Media Release

22 October 2014

Property Council recognises industry contribution with new member laureate programme Read more »

Fletcher drops to 2014 low as investors sell on guidance

Article – BusinessDesk

Fletcher shares drop to 2014 low as investors sell on guidance

By Suze Metherell

Oct. 22 (BusinessDesk) – Shares of Fletcher Building, New Zealand’s largest listed company, have fallen to their lowest level of the year after the building supplies and construction company’s earnings guidance disappointed investors. Read more »

Construction momentum builds across New Zealand

Press Release – Hays

Construction momentum builds across New Zealand

Jobs growth in New Zealand’s construction industry is gathering pace as several large infrastructure developments have commenced or are about to get underway, says recruiting experts Hays Construction. Read more »

James Pascoe increases stake in Warehouse to 6.3%

Article – BusinessDesk

James Pascoe increases stake in out-of-favour Warehouse to 6.3%

By Jonathan Underhill

Oct. 22 (BusinessDesk) – James Pascoe, the retail group owned by David and Anne Norman, has added to its holding in Warehouse Group by buying on market this week, taking advantage of shares trading near their lows for the year. Read more »

Good Technology Acquires Macheen

Press Release – Lewis PR

Good Technology Acquires Macheen, Inc.
With expanded corporate data billing capabilities and enhanced carrier relationships, Good is poised to usher in new era of BYOD simplification Read more »

Ora King Awards

Press Release – Pead PR

Ora King Awards

Winners united by “commitment to the brand”

There’s a cosmopolitan menu of winners at the 2014 Ōra King Awards. Read more »

Special housing not to be scoffed

Press Release – Classic Builders

21 October 2014

Special housing not to be scoffed

Peter Cooney, director of one of New Zealand’s largest residential building company, Classic Builders, says there is a misperception about special housing being cheap and low quality that must be shaken. Read more »

UPDATE: Nuplex shares rise 3.9% on sale of ANZ units

Article – BusinessDesk

UPDATE: Nuplex shares rise 3.9% on sale of ANZ units to CHAMP backed company

(Updates share price movement in lede, adds comment in third, fourth and fifth graph) Read more »

iHeartRadio Adds Radio Tarana Recognising Indian Community

Press Release – iHeartRadio NZ

iHeartRadio New Zealand Adds Radio Tarana Recognising Importance of Indian Community in New Zealand

21 October 2014 – iHeartRadio is New Zealand Media and Entertainment’s (NZME.) all-in-one digital radio service. iHeartRadio NZ is proud to announce the inclusion of Radio Tarana to the platform. Read more »

Nuplex agrees to sell ANZ units to Champ for A$127.5 mln

Article – BusinessDesk

Nuplex agrees to sell ANZ units to Champ-backed company for A$127.5 mln

By Suze Metherell

Oct. 22 (BusinessDesk) – Nuplex Industries, the specialty chemicals maker, agreed to sell two of its Australasian units to a company backed by Champ Private Equity for A$127.5 million, using the funds to repay debt and possibly make a capital return. Read more »

NZ dollar falls on speculation ECB will inject more stimulus

Article – BusinessDesk

NZ dollar falls amid speculation ECB will inject more stimulus

By Paul McBeth

Oct. 22 (BusinessDesk) – The New Zealand dollar fell after reports that the European Central Bank may consider taking more steps to stimulate the euro-zone economy, stoking demand for the greenback. Read more »

Teen Ambassadors treat elderly to sandwiches and selfies

Press Release – LynnMall Shopping Centre

LynnMall’s Teen Ambassadors treat elderly to an afternoon of sandwiches and selfies!

There’s something to be said for intergenerational socialisation…while selfies are everyday practice for teenagers, much of the older generation is illiterate in cell phone use. Read more »

Skinny Mobile Halves Calling & Data NZ Standard Prepay Rates

Press Release – Skinny Mobile

EMBARGOED until 19 October 2014

Skinny Mobile Cuts Calling & Data NZ Standard Prepay Rates in Half Read more »

2014 Fitness Industry Awards Finalists Announced

Press Release – NZ Fitness Industry Awards

Press Release: Available for Immediate Use

2014 Fitness Industry Awards Finalists Announced Read more »

Hellaby expects to complete at least one acquisition in 2015

Article – BusinessDesk

Hellaby expects to complete at least one acquisition this year

By Suze Metherell

Oct. 21 (BusinessDesk) – Hellaby Holdings, the diversified investment company, expects to proceed with at least one acquisition this financial year as it looks to further broaden its portfolio. Read more »

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