cow
RECORD HIGH: Dairy cattle numbers hit a record high in the year to June 2009, with there now being one milking cow for every New Zealander.

Dairy cow numbers soar

Sheep numbers have continued to fall, dairy cow numbers are rising and grain crops increased markedly, latest agricultural production figures show.

Renaissance breaches bank loan

By GARETH VAUGHAN - BusinessDay

Renaissance Corporation says it has breached one of the terms of its bank loans and its new CEO is conducting a full review of the technology product distributor and retailer's operations.

Dollar halts downward slide

Close - Feb 9

5:47pm The New Zealand dollar managed to arrest a downward slide against US dollar today, as exporters fought against the kiwi being sold off heavily.

Retailers warned over small print

NZPA

The Commerce Commission is warning retailers not to use small print to hide the truth about promotions after Borders recently was caught out for the practice.

Indices

  VALUE MOVEMENT
NZX50 3,076.451 arrow -17.000 -0.55%
ASX200 4,521.350 arrow 7.300 0.20%
DOW 10,012.230 arrow 10.100 0.10%
NASDAQ 2,141.120 arrow 15.700 0.70%
FTSE 5,092.330 arrow 31.400 0.60%
NIKKEI 9,951.820 arrow -105.300 -1.10%
H-SENG 19,550.890 arrow -114.200 -0.60%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
RNS 0.210 arrow -0.020 -8.70%
SPY 0.043 arrow 0.003 7.50%
CCC 2.500 arrow -0.200 -7.41%
LME 0.150 arrow -0.009 -5.66%
PPP 0.390 arrow 0.020 5.41%
NTH 1.800 arrow -0.090 -4.76%
ASBPA 0.765 arrow -0.035 -4.38%
Price as at 5:56 pm, 9 Feb

Currencies

RATE
Australian Dollar 0.792
Euro 0.501
British Pound 0.439
Hong Kong Dollar 5.320
Japanese Yen 61.190
Singapore Dollar 0.974
US Dollar 0.685
Price as at 4:10 pm, 9 Feb

Renaissance breaches bank loan

Renaissance Corporation says it has breached one of the terms of its bank loans and its new CEO is conducting a full review of the technology product distributor and retailer's operations.

GST set to rise

GST could rise to as high as 15 percent as part of planned tax changes.
Welfare | Education | Key statement

Speirs Group raises $5.9m

Tower outperforming last year

Boys' toys help Hasbro

hasbro Hasbro, the second biggest US toymaker, said its profit surged in the fourth quarter on sales of boys' action figures and other toys as well as strong licensing revenue. 

AstraZeneca gets FDA green light

AstraZeneca won US approval to promote cholesterol fighter Crestor for preventing heart disease in a vast new market of people with healthy cholesterol but other heart risks.

Boeing's 747-8 takes flight

Lawyers lining up for Toyota pot shot

Macquarie

Macquarie flags 10pc profit rise

Macquarie Group's shares slid after the company predicted full-year profit of more than $1 billion that fell short of the amount analysts had been tipping.

NZX slips at open

nzx The New Zealand sharemarket dropped in early trading, with Contact Energy down 5c as it remained stuck in a narrow range after falling from a four-month high in early January.

ASX heads south, takes Wall St cue

The Australian share market has opened lower, taking its cues from a negative finish on Wall Street and led by the weak performance of financial stocks.

Stocks to watch: Feb 9

Dollar down ahead of Key speech

wall st

Wall Street reverses early gains

The Dow industrials closed below 10,000 for the first time since November  as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.

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

Ernst & Young tax partner Jo Doolan outlines the Tax Working Group's proposals that will impact on property investors:

Live Chat: Key's speech

Time to buy, not book, a bach?

jump

Playing it safe with shares

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

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