Lydia Marshall's Blog: February 2016

All the major electricity retailers and generators talk about how fierce the competition is, yet two of them have already put up retail energy prices and other is considering following suit. With special audio feature.

from
http://www.nbr.co.nz/article/electricity-retailers-raise-prices-despite-talk-fierce-competition-jr-p-185571

Editor’s Insight: Currency manipulators and the ‘walking dead’

The G-20 finance ministers' summit points fingers at China, Germany. With special audio feature.

from
http://www.nbr.co.nz/opinion/editors-insight-currency-manipulators-and-walking-dead-ng

Why is business being greedy?

Bruce Cotterill on price increase.

from
http://www.nbr.co.nz/opinion/why-business-being-greedy-bc

Coal and dairy revenues hit KiwiRail first-half

Revenue for the half fell 5.5 percent to $364.4 million.

from
http://www.nbr.co.nz/article/coal-and-dairy-revenues-hit-kiwirail-first-half-b-185568

NZ kiwifruit producer continues to dominate Australasian market

This is in spite of Psa and a damaging fire last year.

from
http://www.nbr.co.nz/article/nz-kiwifruit-producer-continues-dominate-australasian-market-jw-p-185566

Air NZ brings international expert to warn on Wellington runway extension

"I'm not a Yank coming down here to tell you it's a dumb idea," Air Canada former chief executive Montie Brewer said.

from
http://www.nbr.co.nz/article/air-nz-brings-international-expert-warn-wellington-runway-extension-b-185561

Living Cell expects crucial Parkinson’s clinical trial results in early 2017

The operations of the Australian-incorporated company are based in New Zealand.

from
http://www.nbr.co.nz/article/living-cell-expects-crucial-parkinsons-clinical-trial-results-early-2017-b-185558

While you were sleeping: China boosts sentiment

Wall Street moved higher.

from
http://www.nbr.co.nz/article/while-you-were-sleeping-china-boosts-sentiment-b-185574

NZ Oil & Gas battens down the hatches but keeps $100m warchest

New Zealand Oil & Gas is conserving its operating cash burn but has nearly $100m to spend on distressed assets. With special audio feature.

from
http://www.nbr.co.nz/article/nz-oil-gas-battens-down-hatches-keeps-100m-warchest-jr-p-185573

Sunday, 28 February 2016

MARKET CLOSE: Shares rise as Orion extends gain, Sky TV keeps falling

The S&P/NZX 50 Index gained 5.9 points, or 0.1 percent, to 6230.88.

from
http://www.nbr.co.nz/article/market-close-nz-shares-rise-orion-extends-gain-sky-tv-keeps-falling-b-185569

NZ dollar falls as building consents, business confidence disappoint

The kiwi dropped to 65.72 US cents at 5pm in Wellington.

from
http://www.nbr.co.nz/article/nz-dollar-falls-building-consents-business-confidence-disappoint-b-185567

CBL lifts annual net profit 83%, outperforms IPO profit forecast

Net profit rose to $35.5 million in the 12 months ended December 31.

from
http://www.nbr.co.nz/article/cbl-lifts-annual-net-profit-83-outperforms-ipo-profit-forecast-b-185563

NZ Dollar Outlook: Kiwi decline expected as conditions turn sour

The kiwi may trade between 64.50USc and 67.80USc this week.

from
http://www.nbr.co.nz/article/nz-dollar-outlook-kiwi-decline-expected-conditions-turn-sour-b-185553

Diligent's ebitda pulled below expectations due to 'unusual costs'

Diligent has incurred costs of almost half a million dollars as it works toward being acquired, its accounts show.

from
http://www.nbr.co.nz/article/diligents-ebitda-pulled-below-expectations-due-unusual-costs-cs-p-185548

Government won’t budge on Russian exporting stance

Nathan Guy tells NBR ONLINE the government’s position has not changed since the sanctions were imposed almost two years ago.

from
http://www.nbr.co.nz/article/government-wont-budge-russian-exporting-stance-jw-p-185540

Is there a future in food for New Zealand?

New Zealand’s traditional leadership in agriculture is due to our land, climate, hard work and invention from generations of farmers, and our universities and business that have supported them with increasingly valuable technology.

from
http://www.nbr.co.nz/opinion/there-future-food-new-zealand-lw

Marsden Maritime lifts first-half earnings 2.9% as Northport volumes remain flat

Net profit increased to $4.1 million, or 10.3c per share, in the six months ended December 31.

from
http://www.nbr.co.nz/article/marsden-maritime-lifts-first-half-earnings-29-northport-volumes-remain-flat-b-185528

Seeka Kiwifruit lifts annual profit 35% on increased volumes, insurance payout

Profit rose to $4.3 million, or 27c a share, in the 12 months ended December 31.

from
http://www.nbr.co.nz/article/seeka-kiwifruit-lifts-annual-profit-35-increased-volumes-insurance-payout-b-185527

Regulator to check aggregates market in Fletcher bid for Higgins

The competition regulator issued its statement of preliminary issues on the application.

from
http://www.nbr.co.nz/article/regulator-check-aggregates-market-fletcher-bid-higgins-b-185538

Blis Technologies forecasts annual loss even as revenue doubles

The company is anticipating a small deficit in ebita in the year ending March 31, 2016.

from
http://www.nbr.co.nz/article/blis-technologies-forecasts-annual-loss-even-revenue-doubles-b-185533

AFT Pharmaceuticals strikes licensing deal with Swiss company to sell Maxigesic in 69 countries

The agreement is to sell all oral dose forms of Maxigesic and Maxigesic 1V in four geographic regions.

from
http://www.nbr.co.nz/article/aft-pharmaceuticals-strikes-licensing-deal-swiss-company-sell-maxigesic-69-countries-b

Allied Farmers' first-half profit falls as it focuses on livestock services growth

Net profit fell to $615,000 in the six months ended December 31.

from
http://www.nbr.co.nz/article/allied-farmers-first-half-profit-falls-it-focuses-livestock-services-growth-b-185526

Pacific Edge shares jump to two-month high after signing supply agreement for US vets

The shares climbed 30% to 52c, the highest level since December 31.

from
http://www.nbr.co.nz/article/pacific-edge-shares-jump-two-month-high-after-signing-supply-agreement-us-vets-b-185529

NZOG first half loss widens on Tui, Maari writedowns; cost-cutting under way

The company posted a net loss after minorities of $27.6 million, or 7.9 cents per share, in the six months ended December 31.

from
http://www.nbr.co.nz/article/nzog-first-half-loss-widens-tui-maari-writedowns-cost-cutting-under-way-b-185522

Shares soar as Orion strikes deal with largest health insurance software outfit in US

McCrae says deal will more than triple patients in his company’s system to 280 million. PLUS: Obama has been so good to Orion – what happens after he’s gone? | Will Orion raise more capital? With special feature audio.

from
http://www.nbr.co.nz/article/shares-soar-orion-strikes-deal-largest-health-insurance-software-outfit-us-ck-p-185525

NZF raises $125k to finance reverse listing possibility

The company will sell 16 million shares at 0.008 cents apiece to wholesale investor Chai Kaw Sing.

from
http://www.nbr.co.nz/article/nzf-raises-125k-finance-reverse-listing-possibility-b-185484

World Week Ahead: Economic reality check

Fresh data this week on the American jobs market will be a key focus.

from
http://www.nbr.co.nz/article/world-week-ahead-economic-reality-check-b-185512