Investment stories - Page 39
Wallace Corp backs Ligar to commercialise novel polymer products
Thu, 12th Feb 2015
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kiwinet
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wine
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callaghan innovation
Ligar, a startup developing molecularly imprinted polymers (MIPs), has secured an investment of hundreds of thousands of dollars from Wallace Corp,.
China economic reform low on government priority list, WSJ commentator says
Thu, 12th Feb 2015
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partner programmes
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fonterra
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wsj
Economic reform in China, one of New Zealand's largest trading partners accounting for 22 percent of exports, is a lower priority than trying to sa.
SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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skycity
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spending
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shares
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
Sky City 1H profit falls 11% as Adelaide weighs
Wed, 11th Feb 2015
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new zealand dollar
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investment
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skycity
Sky City Entertainment Group, New Zealand's only listed casino company, posted an 11 percent decline in first-half profit as it got less benefit th.
SkyCity cut to 'sell' by Craigs, citing lack of return and high risk
Tue, 3rd Feb 2015
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shares
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skycity
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nz
SkyCity Entertainment Group was downgraded to 'sell' from 'hold' by Craigs Investment Partners, reflecting that the brokerage doesn't expect shares.
MARKET CLOSE: NZ shares resume rally led by MRP; Kathmandu tumbles
Mon, 2nd Feb 2015
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fintech
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financial systems
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healthtech
New Zealand shares rose, heading back toward a record high after a two-day slide, as investors regained their appetite for companies offering relat.
Local Government NZ suggests new taxes, central govt support could bridge spending gap
Mon, 2nd Feb 2015
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partner programmes
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world bank
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local government
New Zealand's 78 local government organisations could close the gap between spending and revenue with new taxes or a share of existing central gove.
Trade Me takes 15% stake in HarMoney for $7.7 million
Mon, 12th Jan 2015
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nz
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trade me
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shares
Trade Me invests $7.7m for a 15% stake in HarMoney, New Zealand's sole licensed P2P lender, aiming to reshape the country's consumer finance.
UPDATE: Infratil, NZ Super Fund buy RetireAustralia for A$640.2 mln
Mon, 29th Dec 2014
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power / energy
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infratil
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metlifecare
Infratil and the New Zealand Superannuation Fund will buy Australia's fourth-biggest retirement village operator RetireAustralia for A$640.
Eco-lender Prometheus Finance calls in receiver
Mon, 22nd Dec 2014
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fintech
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pwc
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nz
Prometheus Finance, the Wellington-based finance company with a mandate for socially responsible lending, has called in receivers after failing to.
Minister Flavell to push law review to drive Maori agribusiness
Fri, 19th Dec 2014
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healthtech
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māori
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pwc
Maori Development Minister Te Ururoa Flavell expects to table legislation in the second half of next year to make it easier for Maori land owners t.
NZ business confidence eases in December, still buoyant
Fri, 19th Dec 2014
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japan
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inflation
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nz
New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.
ComCom pushes out final decision on Chorus copper line pricing
Fri, 19th Dec 2014
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uc
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commerce commission
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chorus
The Commerce Commission has pushed out the timeline for a final decision on what price Chorus can charge on its copper line network as it deals wit.
UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going
Thu, 18th Dec 2014
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inflation
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oil and gas
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nz
New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.
Tower talks down impact of Supreme Court valuation ruling
Tue, 16th Dec 2014
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shares
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investment
Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.
Meridian Energy abandons QLD hyrdo plans on 'puzzling' Australian stance
Fri, 12th Dec 2014
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cleantech
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meridian energy
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nzx
Meridian Energy, the partially privatised electricity generator and retailer, has abandoned plans for a Queensland hydro power project, blaming the.
High Court turns down Kuwait Finance House claim over Canterbury funding
Thu, 11th Dec 2014
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investment
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court case
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money management
The Kuwaiti firm asked the court to uphold a ruling in the Bahrain Chamber for Dispute Resolution against Berkeley, California-based David Teece.
GeoOp posts wider first-half loss as it chases global growth
Thu, 11th Dec 2014
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nzax
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callaghan innovation
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government
GeoOp, the small business app developer, widened its first-half loss as it spent more on product development and sales to chase global growth.
NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake
Tue, 9th Dec 2014
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capital raising
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revenue
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investment
The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.
Rubicon reiterates IPO plans for ArborGen, laments languishing share price
Fri, 5th Dec 2014
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investment
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shareholders
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recogni
Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forest.