PGG Wrightson has appointed three new directors, including prominent Christchurch businessman and descendant of the founder of the original company - George Gould.
Craigs Investment Partners private wealth research director Cameron Watson scored six out of nine in his "Nine surprises for 2009". This year he is predicting "Ten surprises for 2010". Dene Mackenzie reports.
South Canterbury Finance yesterday showed the market it was serious about its restructuring intentions with the appointment of one of New Zealand's highest profile corporate fix-it men, Sandy Maier, as its chief executive.
Australians bank shares are expected to outperform market expectations now that the $2.2 billion tax settlement has been finalised, Craigs Investment Partners broker Chris Timms says.
South Canterbury Finance received some end-of-year good news from Standard & Poor's when the credit rating agency affirmed its current ratings and removed one from a negative credit watch.
Allied Farmers shares defied predictions by settling at an early base of 10c to 11c in their first week of trading.
Recruitment owner and managing director Karen Bardwell is the Otago Daily Times 2009 business person of the year.
The New Zealand economy continued to claw its way towards brighter times, having grown for the second consecutive quarter in September.
Prospects for Otago businesses in the first six months of next year were looking decidedly brighter, Otago Chamber of Commerce chief executive John Christie said yesterday.
New Zealand has recorded a seasonally-adjusted current account surplus of $340 million for the three months ended September, the first surplus since late 1988. However, the economic celebrations...
Economic data out tomorrow is likely to show how painful the recession was for many parts of New Zealand during the three months ended September.
South Canterbury Finance has sold at a premium price its stake in Pyne Gould Corporation.
Allied Farmers' shares fell more than 37% in value yesterday to close at 10c, but trading proved to be the calm before the storm, Forsyth Barr broker Peter Young said.
Allied Farmers shares opened at 13c this morning but quickly fell 37% in value to be trading at 10c in the first 15min after the NZX opened.
The price of Allied Farmers shares is predicted to fall below 10c when trading starts this morning, with some brokers predicting a floor of 5c a share this week.
Bank tax provisions are likely to feature strongly tomorrow when the new current account deficit figures are released, but an economist is warning that their significance should not be overplayed.
Allied Farmers has written to all shareholders telling them that five sharebroking firms would be researching the company on a regular basis.
Craigs Investment Partners yesterday raised its price target for AXA Asia Pacific believing AMP would c
Although the parliamentary year ended yesterday, Finance Minister Bill English is already turning his mind to 2010.
A surprise bid by National Australia Bank for the Australian and New Zealand businesses of AXA Asia Pacific generated some excitement in financial markets yesterday.
