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Allied Farmers halts capital raising, talks continue

Allied Farmers halts capital raising, talks continue
Wellington, Aug 9 NZPA - Allied Farmers Ltd is halting a previously announced capital raising while it talks to the trustee of its finance unit Allied Nationwide Finance.

Allied Farmers' finance company receives notice of breach

Allied Farmers' finance company receives notice of breach
Wellington, Aug 6 NZPA - Allied Farmers Ltd's finance company has suspended its prospectus and is in talks with its trustee about a disputed breach of its trust deed finance ratios.

GE Capital Aust And NZ Appoints New CEO

GE Capital Aust And NZ Appoints New CEO
Wellington, Feb 9 NZPA - GE Capital has promoted former managing director of retail, Skander Malcolm, as chief executive of GE Capital Australia and New Zealand.

Auckland Airport Lower, Infratil Higher On Australian Deals

Auckland Airport Lower, Infratil Higher On Australian Deals
Wellington, Jan 11 NZPA - Shares in Auckland Airport fell today on news of an investment in Australia while shares in Infratil rose on news of a divestment in Australia.

Auckland Airport Buys Stake In Cairns, Mackay Airports

Auckland Airport Buys Stake In Cairns, Mackay Airports
Wellington, Jan 11 NZPA - Auckland Airport is looking to boost international passenger numbers through its Auckland operations on the back of a $A132.8 million ($NZ166m) deal to buy a stake in airports in north Queensland.

Auckland Airport Lower After Queensland Deal

Auckland Airport Lower After Queensland Deal
Wellington, Jan 11 NZPA - Shares in Auckland Airport fell when the New Zealand sharemarket opened for the week, after the company announced a deal to buy stakes in Cairns and Mackay airports in Queensland.

Westpac Says Committed To NZ After Profits Halve

Westpac Says Committed To NZ After Profits Halve
Wellington, Nov 4 NZPA - Westpac is underlining its commitment to New Zealand after a "challenging and disappointing" year in which the bank's cash earnings halved to $236 million.

Westpac NZ's Full Year Cash Earnings Halve

Westpac NZ's Full Year Cash Earnings Halve
Wellington, Nov 4 NZPA - Westpac's New Zealand division reported its cash earnings halved to $236 million in the year to September.

NZ Dollar Again Falls Just Short Of US69c

NZ Dollar Again Falls Just Short Of US69c
Wellington, Sept 7 NZPA - The New Zealand dollar bumped along a plateau today, before its latest attack on the US69c resistance level petered out, again.

Westpac Loses Bid To Recover Cash From Mortgage Fraud

Westpac Loses Bid To Recover Cash From Mortgage Fraud
Wellington, July 10 NZPA - Westpac Bank has failed to persuade the Supreme Court to reverse a decision in lower courts which cleared a solicitor of liability in a mortgage fraud which cost the bank $180,000.

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