Sky City cinema deal moves
Casino operator Sky City says a final sale and purchase agreement signed for the sale of its cinemas business in this country and Fiji.PGW to sell saleyards stake
PGG Wrightson (PGW) is to sell 50 percent of its shares in Canterbury Saleyards Co, which holds leases on the Canterbury Park Saleyards complex, to South Island stock and station firm Rural Livestock.
Woolies may buy liquor group
By ADELE FERGUSON - SMH
Retailing giant Woolworths is rumoured to be looking at trans-Tasman alcopops giant Independent Liquor Group.
Auckland house prices hit high
By DAVID GADD - Stuff.co.nz
Auckland house price have spiked to a two-year high as buyers were being told homes were more affordable.
NZ trade deficit at seven-year low
New Zealand's annual trade deficit fell to its lowest level in seven years in November, but further improvements in the deficit as the economy picks up are considered likely to be limited.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,284.811 |  |
13.243 | 0.40% |
| ASX200 | 4,921.400 |  |
-2.900 | -0.10% |
| DOW | 10,572.020 | |
-11.900 | -0.10% |
| NASDAQ | 2,301.090 | |
-7.600 | -0.30% |
| FTSE | 5,530.040 | |
7.500 | 0.10% |
| NIKKEI | 10,731.450 | |
49.600 | 0.50% |
| H-SENG | 22,416.670 | |
137.100 | 0.60% |
| NZX50 20 min delay, others last close | ||||
Top Movers
| PRICE | MOVEMENT | |||
|---|---|---|---|---|
| Market Opening Soon | ||||
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.801 |
| Euro | 0.512 |
| British Pound | 0.461 |
| Hong Kong Dollar | 5.709 |
| Japanese Yen | 68.270 |
| Singapore Dollar | 1.029 |
| US Dollar | 0.737 |
| Price as at 8:10 pm, 7 Jan | |
The worst job in the world
Working on an oil rig as a roustabout has been voted the worst job in the world for 2009.
Bridgecorp receivers expect loss
Receivers of failed finance company Bridgecorp are expecting a "complete loss" on the company's loan exposure of more than $100 million on the Momi Resort development in Fiji.
Why achieving economic growth matters
Farms' fate may lie with Govt
Microsoft faces Windows lawsuit
An Italian consumer group is planning a class-action lawsuit against Microsoft seeking compensation for Windows software pre-installed on computers for people who did not want it.
Jetstar and AirAsia form alliance
Qantas subsidiary Jetstar and Malaysia-based low-cost carrier AirAsia have formed an alliance which the airlines say will reduce costs, pool expertise and result in cheaper fares.
US business bankruptcies up
Dow falls but S&P up
Wall Street slips on data
US stocks slipped on Wednesday after ISM data showed the US services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at US private employers.
NZ market flat early
The New Zealand sharemarket was flat in early trading, with a lift in Fletcher Building stock to a new seven-week high being one of the few moves of any note.
Wall Street slips on data
US stocks slipped on Wednesday after ISM data showed the US services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at US private employers.
Dollar near two-month high on yen
Little change in shares despite optimism
Fletcher Building propels market
A rise in Fletcher Building's share price to a nine-week high helped propel the New Zealand sharemarket higher in still thin new year trading.
The benchmark NZSX-50 index closed up 13.243 points, or 0.405 percent, at 3284.811, its highest level in nearly 16 months. Turnover was worth $71 million. There were 43 rises and 26 falls among the 109 stocks traded.
Market leader Fletcher Building rose 10c to 811 on a day in which Auckland's largest real estate agent reported a strong property market in December.
There was more data today suggesting the Australian economy, where Fletcher Building has a large business, is performing better than expected but this also led to speculation of further interest rate rises.
PGG Wrightson was unchanged at 61 after selling a half stake in the Canterbury Saleyards Company Ltd to its partner in the facility.
Retailers remain as mixed as the reports of shopping patterns in the Christmas and holiday season, though Warehouse rose 5c to 415, Hallenstein Glasson rose 4c to 340 and Pumpkin Patch rose 1c to 202.
OceanaGold shares continued their recent ascent, adding 8c to a month high 250.
After reaching a seven-week intraday high of 258 yesterday, shares in Telecom were down 4c to 253 today.
TrustPower eased 4c to 725 on very light volume. NZX eased 8c to 228. APN rose 2c to 300.
NZOG rose 2c to 167 on a day in which it was queried by the ASX about a director notice.
Tower rose 3c to 210, Infratil 3c to 165, and Freightways 1c to 340. Contact rose 7c to 632, Nuplex 4c to 301, and Mainfreight 11c to 568.
Fisher and Paykel Healthcare rose 3c to 335 and the appliances stock was unchanged at 62.
In the United States, the stock market ended little changed following mixed economic reports and as minutes from the Federal Reserve's last meeting point to divisions among policymakers.
A trade group's report that its service industry index rose was welcome news, but a private snapshot of private sector jobs fell short of expectations.
The Dow Jones industrial average was up 0.02 percent at 10,573.68, the Standard & Poor's 500 index up 0.05 percent at 1137.14, and the Nasdaq composite index down 0.3 percent at 2301.09.
Sponsored links
Convenience has its price
Convenience comes at a price for those who choose to stock their shelves with groceries from hamper company Chrisco.
Brokers pick best stocks
The country's leading sharebrokers have picked a diverse range of stocks they expect to perform well in 2010 with little cross-over.
Families face blowout
Finance firm's 'excluded' offer
Kiwisaver the darling of mum and dad investors
Kiwisaver continues to dominate New Zealand's ``ma and pa'' investment scene.
Mechanic takes Lamborghini for a joy ride
Chinese boy has chopstick removed from brain
Snowed-in Brits boost adultery website
Firefighters battle Christchurch blaze
Mariah Carey speech raises eyebrows
Johnson heiress 'lived in rat-infested house'
Jason Alexander joins Jenny Craig
Rapist breaches release conditions
- Accommodation
Find Accommodation
- Jobs
Search Jobs
- Property
Search properties
- Motors
Search Motors
