Auckland stories - Page 11
Salt Funds emerges as one of the biggest holders of Methven with 7.8% stake
Mon, 9th Feb 2015
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shares
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fletcher building
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salt funds management
Salt Funds Management has cemented its position as a key player by acquiring a 7.8% share in Methven, betting on the company's growth.
Kiwi distie iData in liquidation
Mon, 9th Feb 2015
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storage
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hyperscale
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public cloud
Auckland-based distributor iData Resolutions has been put into liquidation, with Dennis Clifford Parsons appointed as liquidator on 21 January.
Auckland January house prices slip from December's record in holiday lull
Wed, 4th Feb 2015
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migration
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property market
Auckland house prices edged lower in January from record levels the previous month as sales volumes steadied during the summer holiday period, acco.
NZ dollar jumps almost 2 US cents after whole milk powder prices rise in GDT auction
Wed, 4th Feb 2015
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fonterra
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statistics nz
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new zealand dollar
The New Zealand dollar surged nearly 2 US cents after whole milk powder prices jumped 19.2% at the GDT auction, boosting Fonterra’s payout forecasts.
SkyCity cut to 'sell' by Craigs, citing lack of return and high risk
Tue, 3rd Feb 2015
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shares
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skycity
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investment
SkyCity Entertainment Group was downgraded to 'sell' from 'hold' by Craigs Investment Partners, reflecting that the brokerage doesn't expect shares.
NZ property value annual growth accelerates in January
Tue, 3rd Feb 2015
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inflation
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property market
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demand
New Zealand's residential property values grew at a faster annual pace in January as a shortage of houses for sale in Auckland continued to fan the.
Kiwi wearable company takes on the world, starting in Germany
Wed, 21st Jan 2015
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wearables
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physical security
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healthtech
StretchSense, an Auckland wearable tech firm, is a finalist in the WT Innovation World Cup, showcasing in Munich with new tech aiming at multiple sectors.
NZ dollar falls as greenback buoyed on prospect of ECB stimulus
Mon, 5th Jan 2015
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new zealand dollar
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us federal reserve
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nz dollar
The New Zealand dollar fell as investors rallied behind the greenback on heightened speculation the European Central Bank will ramp up its stimulus.
Woosh annual sales fall on dwindling customer numbers, parent accounts show
Wed, 31st Dec 2014
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management
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4g technology
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woosh wireless
Woosh Wireless, the local internet service provider, reported a 14 percent drop in annual sales as it shed customers, while clamping down on costs.
Sealegs fined $8,000 by NZX over shortfall of independent directors
Wed, 24th Dec 2014
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shares
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sealegs corp
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mapp
Sealegs Corp, the amphibious vehicle maker, has been fined $8,000 and publicly censured by the New Zealand Markets Disciplinary Tribunal after fail.
Augusta buys $58.5 mln retail property for syndication
Wed, 24th Dec 2014
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physical security
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shares
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augusta capital
Augusta Capital, the listed property investor and fund manager, has bought the Southgate Centre retail site in Auckland's Takanini, which it plans.
Auckland convention centre cost jumps by a fifth
Fri, 19th Dec 2014
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government
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shares
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skycity
SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 mi.
Precinct sets interest rate on $75M of bonds at 5.54%
Fri, 12th Dec 2014
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shares
Precinct Properties New Zealand, which has increasingly been focusing on Auckland office space, has set the interest rate for its $75 million bond.
Bunnings triples annual profit in NZ as pickup in construction spurs demand
Wed, 10th Dec 2014
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sales
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fletcher building
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property market
Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.
NZ manufacturing sales rise 0.4% in 3rd-qtr, as metal offsets slide in dairy, meat
Mon, 8th Dec 2014
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sales
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demand
New Zealand manufacturing sales rose in the third quarter as an increase in output of metal building products offset a decline in volumes for both.
DNZ sells two Wellington properties for $5.3 mln to help fund Westgate Mall
Thu, 4th Dec 2014
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nzx
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shares
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industrial
DNZ Property Fund sells two Wellington sites for USD $5.3 million to fund its USD $155 million Westgate Mall project in Auckland.
Michael Hill knuckles down on North American market, CEO Parsell says
Thu, 4th Dec 2014
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shares
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strategy
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sales
Michael Hill International, the jewellery retailer named for its founder, is bedding in a strategy to gain traction in North America, which it even.
NZ building work put in place rises 1.5% in 3rd-qtr, led by non-residential activity
Wed, 3rd Dec 2014
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earthquakes
New Zealand building work accelerated in the September quarter as increased activity in non-residential construction offset a decline in residentia.
Vector cleared to buy Meridian's Arc metering business
Wed, 26th Nov 2014
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uc
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cx
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martech
Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business.
NZ Super Fund's Orr says responsible investing now a groundswell globally
Tue, 25th Nov 2014
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dei
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healthtech
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cleantech
NZ Superannuation Fund chief executive Adrian Orr said long-term and responsible investing has become a groundswell globally, rather than a ripple.