Sales up for Postie Plus

Postie Plus Group Ltd said sales increased by 9.25 percent in the six months ended January 31, 2010 compared to the same period last year.

Mixed day for New Zealand dollar

Close - Feb 10

5:29pm The New Zealand dollar was mixed today and investors digested conflicting reports about the likelihood of a bailout for Greece's finances.

Kiwis turn to credit to pay bills

Almost a third of New Zealanders expect to use their credit card to pay for unaffordable expenses in the coming months, according to a new survey.

Share-based funds best performers

Share-based growth funds have been the best performers for KiwiSaver over the last year but default funds have proved best over two years, according to a survey of the retirement savings scheme.

FMG to hire more staff

By MARIKA HILL - The Manawatu Standard

FMG is rallying call centres to hire staff locally by offering several vacancies in Palmerston North, with potential for more.

Indices

  VALUE MOVEMENT
NZX50 3,085.507 arrow 9.056 0.29%
ASX200 4,505.070 arrow -16.300 -0.40%
DOW 9,908.390 arrow -103.800 -1.00%
NASDAQ 2,126.050 arrow -15.100 -0.70%
FTSE 5,111.840 arrow 19.500 0.40%
NIKKEI 9,932.900 arrow -18.900 -0.20%
H-SENG 19,790.280 arrow 239.400 1.20%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
BFW 0.300 arrow -0.150 -33.33%
SGL 0.300 arrow 0.050 20.00%
GEL 0.066 arrow -0.010 -13.16%
SCT 1.200 arrow -0.150 -11.11%
TUR 1.520 arrow 0.120 8.57%
LME 0.160 arrow 0.010 6.67%
WTL 1.250 arrow -0.070 -5.30%
Price as at 5:54 pm, 10 Feb

Currencies

RATE
Australian Dollar 0.793
Euro 0.505
British Pound 0.443
Hong Kong Dollar 5.396
Japanese Yen 62.370
Singapore Dollar 0.985
US Dollar 0.695
Price as at 4:10 pm, 10 Feb

Sales up for Postie Plus

Postie Plus Group Ltd said sales increased by 9.25 percent in the six months ended January 31, 2010 compared to the same period last year.

Fronde managers invest in company

Fronde’s shareholders have approved an issue of up to 1 million new shares to four senior managers in the IT services company.

Pig cells trade for stake in company

New GE Capital CEO

Toyota recall: were red flags missed?

As the US Congress gears up to delve into Toyota Motor Corp's massive global vehicle recall, the question they face is whether the automaker and regulators misread or ignored rising consumer complaints.

Honda recalls 378,758 vehicles

Honda Motor Co Ltd said on Tuesday it is recalling 378,758 vehicles in the United States to fix an airbag defect linked to 11 injuries and one fatality.

Palmer's $60b coal deal shafted?

Oil rises above US$73

European governments agree to help Greece

Europe govts to help Greece

European governments have agreed in principle to help heavily indebted Greece, in what would be the first rescue of a euro zone member in the currency's 11-year history.

NZ sharemarket follows US gains

The New Zealand sharemarket opened positively this morning, taking heed of good news from the United States and ignoring Japanese and Australian market softness.

Exporters, risk behind recovery

The New Zealand dollar improved against the greenback overnight, driven by exporters and a slight increase in risk appetite.

Takeover of Horizon stalls

Fronde managers invest in company

ASB reports $10m loss

ASB reports $10m loss

ASB Bank has reported a $10 million loss for the six months to December after agreeing to pay $264m in tax and interest involving disputed foreign lending deals.

Playing it safe with shares

buy Barbara Drury gives some expert advice on selecting safe shares for the long haul with Warren Buffett's help.

On the block: houses, tax and angry investors

The government needs to get some balls. One minute they are cosying up to us private property investors to provide them with solutions; the next minute they are treating us like pariahs. It's bizarre.''

Eight things property investors should know

Live Chat: Key's speech

Study shows why it is so scary to lose money

Why it's scary to lose money

People are afraid to lose money and an unusual study explains why - the brain's fear centre controls the response to a gamble.

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