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| Stocks to watch: March 12 |
| The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. |
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Published: Fri, 12 Mar 2010 10:08 a.m. |
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| Lehman examiner to make report public |
| The court-appointed examiner who investigated the collapse of US investment bank Lehman Brothers Holding Co is set to make his report publicly available, after a judge ruled he could do so on Thursday. |
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Published: Fri, 12 Mar 2010 09:48 a.m. |
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| US trade deficit shrinks |
| The US trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by US sales abroad. |
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Published: Fri, 12 Mar 2010 09:43 a.m. |
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| Website for taking a bet on getting the odds right |
| We all like a bit of a flutter, a chance to test our acumen against the odds. But spare a thought for the Australian economics enthusiast who lost A$30,000 (NZ$38,990) betting that the Reserve Bank of Australia would not raise the official cash rate (OCR) last week. |
For further information, click here ...
Published: Fri, 12 Mar 2010 09:20 a.m. |
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| The Warehouse delivers 17pc profit rise |
| The Warehouse has reported a half-year net profit of $57.4 million, an increase of 17 per cent year on year. |
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Published: Fri, 12 Mar 2010 09:04 a.m. |
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| Banks accused of profit gouging |
| The Reserve Bank of Australia has indirectly accused Australia's major banks of profiteering on interest rates, saying the recent series of ''super-sized'' rate rises had outpaced increases in the banks' funding costs. |
For further information, click here ...
Published: Fri, 12 Mar 2010 08:53 a.m. |
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