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New Zealand Farming Systems

NZ sharemarket rises, DNZ Property debuts at premium

NZ sharemarket rises, DNZ Property debuts at premium
Wellington, Aug 16 NZPA - DNZ Property Fund listed today at a premium to its offer price on a New Zealand sharemarket that held its ground while other markets fell as the reporting season cranked up.

Xero soars but sharemarket less lively than Wall Street

Xero soars but sharemarket less lively than Wall Street
Wellington, July 23 NZPA - Xero shares leaped 12.77 percent today as investors reasoned that if Sam Morgan puts more money into a company it must be a winner. Xero shares closed up 18c at 159 in a market that otherwise struggled to replicate a strong performance by Wall Street.

NZ Share Market Down As Investors Worry About Corporate Debt

NZ Share Market Down As Investors Worry About Corporate Debt
Wellington, Feb 20 NZPA - The ongoing collapse of the PGG Wrightson share price was a feature on a very bleak day on the share market. The US stock market dived and the local news even from well regarded listings was bad.

NZ Sharemarket Opens Down Again

NZ Sharemarket Opens Down Again
Wellington, Feb 20 NZPA - The New Zealand share market started Friday as it has every day this week; sliding downwards.

ProvencoCadmus Talks To Banks To Pay Note Holders 2percent PA

ProvencoCadmus Talks To Banks To Pay Note Holders 2percent PA
Wellington, Feb 19 NZPA - ProvencoCadmus said its bank facilities are scheduled to expire at the end of February. "Clearly we have been maintaining close contact with our bankers over this time," the seller of payment systems said in an update to the market after it closed.

Value Of South Island Companies Takes A Hammering

Value Of South Island Companies Takes A Hammering
Wellington, Feb 3 NZPA - The market capitalisation of listed South Island companies took a hammering in the last quarter of 2008, mainly due to falls by companies in the primary sector.

Telecom Leads Share Market On Quiet Morning

Telecom Leads Share Market On Quiet Morning
Wellington, Jan 28 NZPA - Telecom continued to regain lost ground on the New Zealand stock exchange this morning.

NZFSU Dairy Farms Managing Despite Worsening Uruguay Drought

NZFSU Dairy Farms Managing Despite Worsening Uruguay Drought
Wellington, Jan 13 NZPA - New Zealand Farming Systems Uruguay (NZFSU) is sticking to its outlook amid a worsening drought in Uruguay, where it has dairy farms covering 36,000 hectares.

NZ Share Market Drops On Wall Street Weakness

NZ Share Market Drops On Wall Street Weakness
Wellington, Dec 19 NZPA - The New Zealand share market dipped today, reflecting another poor performance by Wall Street. The benchmark NZX-50 index closed down 52.282 points, or 1.931 percent, at 2655.309, having opened weaker.

Dry Weather And Low Milk Prices Hit NZ Farms In Uruguay

Dry Weather And Low Milk Prices Hit NZ Farms In Uruguay
Wellington, Dec 18 NZPA - New Zealand Farming Systems Uruguay (NZFSU) has expanded its forecast losses in the light of volatile milk prices and dry conditions.

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