http://www.nzherald.co.nz/ Latest Markets headlines from nzherald.co.nz en-nz Copyright 2012 APN HOLDINGS NZ Sat, 11 Feb 2012 13:00:07 +1200 http://blogs.law.harvard.edu/tech/rss APN RSS Generator webnews@nzherald.co.nz webmaster@nzherald.co.nz http://www.nzherald.co.nz/images/nz_little_logo.gif http://www.nzherald.co.nz/markets/news/headlines.cfm?c_id=62 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784803&ref=rss Lloyd Morrison, the leading businessman and proud New Zealander who died in Seattle yesterday of cancer, was not as well known as he ought to have been. Liked and respected by business people and policy makers, he was less exposed... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784790&ref=rss Facebook's IPO demonstrates that the world is changing rapidly and this presents great opportunities for New Zealand entrepreneurs. It shows that the value of a company can go from zero to US$100 billion in less than a decade and... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784782&ref=rss The death of Wellington businessman Lloyd Morrison at the age of 54 has robbed New Zealand of one of its business leaders and singular characters.Morrison, the founder of infrastructure investment company Infratil, died of leukaemia.He... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784779&ref=rss About this time last year Lloyd Morrison invited me to see a movie. In fact, he invited a huge crowd of Auckland's business leaders including heads of investment banks, chief executives and others from the finance and investment sector.He... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784775&ref=rss Infratil, founded by Lloyd Morrison, started off small but became a top 50 New Zealand-listed company, with interests ranging from windfarms in the Tararuas to airports in Europe.Infratil's life as a listed entity started in 1994... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784773&ref=rss Lloyd Morrison was a special person who lit up every room he entered. Engaging. Incurably optimistic. Stylish (he sure knew how to wear a suit). Supportive. Inspirational. Patriotic. Passionate. A realist. And a great family man who... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784767&ref=rss Jason Howson knows better than most the difficulties facing local brick-and-mortar retailers, especially those in the music business.Beat Merchants, the Auckland-based record store he bought five years ago, shut down last month... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784757&ref=rss PepsiCo says it plans to cut 8700 jobs, or about 3 per cent of its workforce, as it tries to offset higher costs for ingredients and increased spending on advertising in North America.The maker of everything from Pepsi soda to Doritos... newsfeeds@nzherald.co.nz Sat, 11 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784644&ref=rss Xero chief executive Rod Drury and two other founders have sold $5 million of shares to institutions and to Brad Shofer, who joins fellow MYOB founder Craig Winkler among the cloud-based accounting platform's top 20 investors.Xero... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 11:22:22 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784621&ref=rss Dairy farming cooperative Fonterra will use the NZX to operate the Fonterra shareholders' market as part of Trading Among Farmers (TAF) scheme, NZX said today.The market will be a platform where Fonterra farmer shareholders will... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 09:52:43 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784603&ref=rss Prime Minister John Key has honoured businessman Lloyd Morrison as a passionate New Zealand who "threw everything he had" at life.Morrison, Infratil founder, Wellington identity and a national flag campaigner, died in... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 08:31:48 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784619&ref=rss New Zealand shares extended gains yesterday for a fourth day led by retailers as the sector starts to show renewed signs of vigour. Pumpkin Patch led gainers.The NZX-50 index rose 2.07 points, or 0.1 per cent to 3326.74. Within... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784454&ref=rss Auckland Airport, best known for landing planes, parking cars and selling duty free, is branching out into the holiday park business.Newly arrived yawning tourists will be able to rest and recuperate at the airport's new campervan... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784499&ref=rss Steel & Tube Holdings, the construction materials supplier, reported a 2.4 per cent fall in first-half profit, and does not expect much improvement in a hurry. Net profit fell to $6.4 million, or 7.2c a share, in the six months... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 05:10:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784503&ref=rss Tenon, the NZX-listed company that sells wood mouldings in the United States, signed a deal to distribute a long-life wooden decking product made by Eastman Chemicals. Tenon told the NZX it would distribute the Perennial Wood brand... newsfeeds@nzherald.co.nz Fri, 10 Feb 2012 05:05:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784236&ref=rss Coca-Cola reported an effervescent fourth quarter yesterday as it sold more of its drinks globally and its earnings beat analyst expectations.Coca-Cola is benefiting from raising prices in North America, where consumer sentiment... newsfeeds@nzherald.co.nz Thu, 09 Feb 2012 05:55:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784296&ref=rss Kiwi rich-lister Alan Gibbs' amphibious vehicle company has turned its focus towards the defence and search and rescue markets, with new craft set to go on sale this year.In its first public demonstration yesterday, Gibbs latest... newsfeeds@nzherald.co.nz Thu, 09 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784260&ref=rss Dairy co-operative Fonterra is recommending a change to its plans for share trading in a bid to allay concerns from its farmer owners.Fonterra is planning a capital structure change - given 89.85 per cent support by farmers - aimed... newsfeeds@nzherald.co.nz Thu, 09 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784230&ref=rss Global smartphone shipments surged 55 per cent in the fourth quarter, as demand for Apple's iPhone 4S countered declines by Research In Motion and Nokia Oyj, International Data Corporation said.Shipments advanced to 158 million... newsfeeds@nzherald.co.nz Thu, 09 Feb 2012 05:30:00 +1200 http://www.nzherald.co.nz/markets/news/article.cfm?c_id=62&objectid=10784229&ref=rss Mark Zuckerberg's tight control over Facebook is under assault from shareholders even before his social networking giant joins the public market.One of the largest pension funds in the United States has promised to take on the company... newsfeeds@nzherald.co.nz Thu, 09 Feb 2012 05:30:00 +1200