Agria takes cornerstone share
PGG Wrightson's $180.7 million capital raising will see upstart Chinese firm Agria Corp take over the top cornerstone position with a 19 percent stake, pushing ahead of traditional large stake holders.Code a chance 'to get it right'
The Dominion Post
Financial advisers have been portrayed as both collaborators and fall guys in the finance company collapses. Will the code of conduct will make a difference.
Certification for financial advisers welcome
The Dominion Post
The Institute of Financial Advisers says the push to have financial advisers certified will bring others up to the standards that it has long required.
Griffin's moves biscuits to Fiji
By AMANDA FISHER - The Dominion Post
Some of the nation's favourite biscuits are no longer true Kiwi institutions, with Griffin's outsourcing some of its production to Fiji after more than 140 years of New Zealand manufacture.
Family tells of Bridgecorp devastation
By CATHERINE HARRIS - The Dominion Post
Nothing's changed in more than two years for Feilding couple Mary and David Fauchelle, who with their daughter lost $200,000 savings in the Bridgecorp collapse.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,113.629 |  |
-27.547 | -0.88% |
| ASX200 | 4,749.200 |  |
10.200 | 0.20% |
| DOW | 10,332.600 | |
-91.700 | -0.90% |
| NASDAQ | 2,156.820 | |
-36.600 | -1.70% |
| FTSE | 5,342.130 | |
-3.800 | -0.10% |
| NIKKEI | 9,549.470 | |
-127.300 | -1.30% |
| H-SENG | 22,643.160 | |
-197.200 | -0.90% |
| NZX50 20 min delay, others last close | ||||
Top Movers
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.795 |
| Euro | 0.490 |
| British Pound | 0.440 |
| Hong Kong Dollar | 5.669 |
| Japanese Yen | 65.000 |
| Singapore Dollar | 1.016 |
| US Dollar | 0.732 |
| Price as at 8:10 pm, 20 Nov | |
Fonterra sells stake in AFF joint venture
Fonterra Cooperative Group, the world’s largest exporter of dairy products, has sold its stake in a joint venture to market Anchor products.
Joyce gives Telecom more time
Communications Minister Steven Joyce has granted Telecom nine months to cut down potential information-sharing among its units as part of the company’s government-enforced operational separation.
Lamb, beef and dairy prices
Report calls for Govt backed oil exploration
US foreclosures hit record
US mortgage delinquency rates and the percentage of loans that entered the foreclosure process jumped in the third quarter.
No quick fix for Wall St’s image
Wall Street's image, battered by the financial crisis, may take years to recover as its executives themselves are the first to acknowledge.
Shortcomings in US economic data
AOL to cut one-third of workforce
Geithner under fire
US Treasury Secretary Timothy Geithner defended the costly bailout of AIG and urged swift regulatory reform to safeguard the economy.
A new benchmark for oil?
The sour grades of crude may eventually displace tried-and-true light, sweet crude to become a benchmark.
NZ sharemarket falls at close
The New Zealand sharemarket fell but outperformed other markets in Asia and proved again that it can be the source of new capital for listings.
NZ dollar lower as investors avoid risk
Agria PGG’s biggest shareholder
DNZ to put pressure on rivals
Fund managers say DNZ Property Fund's decision to bring its management in house ahead of a sharemarket listing will put pressure on rival listed property trusts to follow suit.
Sponsored links
Leaky home owners struggle
Leaky home owners are struggling to fund repairs as controversy over a Government contribution proposal heats up.
Trustee to scrutinize Allied offer
Hanover Finance trustee Perpetual Trust says it will go through Allied Farmers' debt-for-equity offer with a fine-tooth comb to ensure investors fully understand the proposal before voting on the deal next month.
Boston Finance in receivership
Deal good news for Hanover
Finance industry examined
The finance industry suffered from an anything-goes culture lacking in ethics and morals, a parliamentary select committee inquiry into the finance company collapses has been told.
Nice Kiwi blokes - shame about the women
'Brainless' stunt by NZ 'idiots' a global sensation
Miley Cyrus tour bus overturns, one dead
Praying for Ben after explosion
Mother of separated twins: 'We don't want them back'
Kiwi Kevin Percy claims Harry Potter castle
Women pay top dollar for evening with bachelor
Nice Kiwi blokes - shame about the women
Rokocoko to play against All Blacks
As Henry shows, footballers can't be trusted
$450,000 march is political manipulation
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