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VINZ reiterates don’t sell notice ahead of independent report

Vehicle Inspection New Zealand (VINZ) is reiterating its don’t sell notice to shareholders, saying an offer from Jevic New Zealand is opportunistic, how to prevent premature ejaculation Jevic, a company that pre-vets imported used vehicles, has offered to buy all the shares of VINZ at $1.65 each, valuing the target at $4.1 million. VINZ chairman Ken Worsley said a report …

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NZ dollar trades in tight range ahead of CPI data

The New Zealand dollar was confined in a narrow range ahead of the release of the December quarter consumer price index (CPI) this morning. The kiwi was at 84.10 US cents at 8am, up from 83.93 US cents at 5pm on Thursday. “It traded in a 40 point range at best overnight ,” Mike Jones, from the sales team at …

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While you were sleeping: Housing, jobs data boost stocks

Equities on both sides of the Atlantic rose as buoyant data on the US housing and labour markets as well as better-than-expected earnings from eBay bolstered hopes the economy is in better shape than feared. Initial claims for state unemployment benefits last week dropped 37,000 to a seasonally adjusted 335,000, the lowest level since January 2008, according to the Labor …

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