Recent Posts

Intueri agrees to acquire Academy Group, adding pharmacy, floristry, building courses

Intueri Education Group, New Zealand’s largest private training company, has agreed to buy Academy Group NZ  for an initial payment of $4 million and the balance on completion of the target’s 2015 accounts, adding courses for pharmacy technicians, florists, motor trades and building. The acquisition price will amount to four times 2015 earnings before interest and tax and is expected to add $5 …

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NZ dollar falls on strength of US economy, weak dairy; ECB looms

The New Zealand dollar fell as increasing confidence about the pace of the US economy drove up the greenback and traders continued to weigh the implications for the local economy of weaker dairy prices. The kiwi fell to 77.55 US cents as at 8am in Wellington, from 77.71 US cents late yesterday. The trade-weighted index was little changed at 78.10 from 78.13. …

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While you were sleeping: Solid US private payrolls

Wall Street moved higher, pushing the Dow to a record high, while the US dollar also strengthened in anticipation of fresh stimulus from the European Central Bank on Thursday and a key American jobs report on Friday. The latest private payrolls data offered evidence on strength in the US labour market, bolstering optimism for Friday’s government report. Companies in the …

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