Former cyclone Gita hits New Zealand; emergency declared in southern city - Channel NewsAsia

4m channelnewsasia
WELLINGTON: New Zealand's national carrier on Tuesday cancelled all flights in and out of the capital, Wellington, and the southern city of Christchurch declared a state of emergency as the remnants of tropical cyclone Gita pummelled the country. (6-0)
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Watch: Herald Business Traveller rates Air New Zealand's Portuguese charter plane

27m nzherald.co.nz
Air New Zealand will rely on Portuguese charter operator Hi Fly to plug gaps across the Tasman for the next five weeks while engines on some Dreamliners are repaired. Herald Business Traveller flew from Sydney to Auckland on NZ 108, one of Hi Fly's A340s. Here's the verdict. (6-0)
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Jetstar keeps flying into Wellington, Air NZ cancels all flights

1h nzherald.co.nz
Jetstar says it can continue to operate flights out of Wellington after Air New Zealand cancelled flights in and out of the capital as Cyclone Gita approaches and weather conditions deteriorate. (6-0)
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Beach Energy's (BEPTF) CEO Matt Kay on Q2 2018 Results - Earnings Call Transcript

6h seekingalpha
Beach Energy Ltd. (OTCPK:BEPTF) Q2 2018 Results Earnings Conference Call February 18, 2018 7:00 PM ET (14-0)
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Emirates Auckland-Bali flight means chasing the sun just got easier for Kiwi holidaymakers

6h nzherald.co.nz
Just when Air New Zealand was about to wave goodbye to the Emirates juggernaut flying from Auckland across the Tasman, the Dubai-based airline is back in direct competition on another developing route. (6-0)
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Emirates to fly new daily service from Auckland to Bali and Dubai

23h nzherald.co.nz
Emirates plans to launch a new daily service from Auckland to Bali and then on to Dubai from June 14. (60-0)
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ASX strengthens as earnings provide a lift

22h smh.com.au
Australian shares advanced firmly on Monday, with investors welcoming earnings from a diverse range of companies in what's shaping up to be a solid reporting season. (19-0)
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Sharemarket falls as investors await results

22h nzherald.co.nz
New Zealand shares fell in quiet trading ahead of a busy mid-week reporting period, led lower by Sky Network Television and Mercury NZ, while Synlait Milk and a2 Milk Co rose. (4-0)
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Goodman Property sells up to $100m of bonds

2018-02-19 nzherald.co.nz
Goodman Property Trust, the NZX-listed commercial and industrial property investor, is offering to sell as much as $100 million of bonds to further diversify its funding sources and reduce bank debt. (6-0)
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Kate Hawkesby: I feel sorry for Ralph Norris having to quit after Fletcher Building saga

2018-02-18 nzherald.co.nz
I feel bad for Ralph Norris. I know there are those who want his head on a platter - and he's served that - but for some it will never be enough. (6-0)
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Competition pushing construction sector into 'race to the bottom'

2018-02-18 nzherald.co.nz
Competition has pushed the construction sector into a "race to the bottom" where companies are taking on projects to win revenue rather than chase profit, says a top industry boss. (8-0)
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New tanker MT Kokako shipping fuel from Marsden Pt Oil Refinery to New Zealand ports

2018-02-18 nzherald.co.nz
A brand new oil tanker specifically designed for working around New Zealand has started work taking fuel products from the Marsden Pt Oil Refinery to ports around the country. (2-0)
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Diana Clement: Give yourself a bit of credit

2018-02-17 nzherald.co.nz
Credit cards can be used to your advantage. You just need to understand how they work and be crafty. (6-0)
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Short-Sale Death Threats Are a Bad Idea - Bloomberg

2018-02-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (88-0)
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Foreign workers to explore jobs in NZ

2018-02-16 radionz.co.nz
Over 50 construction workers and engineers will be arriving in New Zealand this weekend from the United Kingdom and South Africa to explore job opportunities. (6-0)
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Brian Gaynor: Fletcher's Sir Ralph Norris a victim of his own success?

2018-02-16 nzherald.co.nz
The problem with Sir Ralph Norris, who announced his resignation as Fletcher Building chairman this week, could be that his senior management career was too successful. (6-0)
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Auckland International Airport Ltd. ADR 2018 Q2 - Results - Earnings Call Slides

2018-02-16 seekingalpha
The following slide deck was published by Auckland International Airport Ltd. ADR in conjunction with their 2018 Q2 earnings call. (2-0)
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Shares up; Tourism Holdings hits record with Auckland Airport, Fletcher Building gaining

2018-02-16 nzherald.co.nz
New Zealand shares rallied as Tourism Holdings hit a record and Auckland Airport gained on its first-half earnings. (19-0)
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Australia banks tighten mortgage checks amid govt inquiry, face revenue strain

2018-02-16 thestar.com.my
Westpac Banking Corp, Australia and New Zealand Banking Group, and Macquarie Group have also communicated to brokers in recent weeks changes in the way loans are assessed and approved. (7-0)
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MetLife Inc Stock Earnings Calm Investor Nerves — For Now

2018-02-16 investorplace
The irony of MetLife Inc (NYSE:MET) stock at the moment is that insurance stocks are supposed to be safe — and boring. Right now, MET stock hardly looks like either. (25-0)
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NZME and Sky TV settle copyright stoush

2018-02-16 nzherald.co.nz
NZME and Sky Television have settled a copyright dispute over the use of rugby video footage. (2-0)
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Tourism Holdings forms $126 million joint venture with Thor Industries to connect RV market

2018-02-15 nzherald.co.nz
Tourism Holdings, the world's largest recreational vehicle rental business, has formed a joint venture with Thor Industries, the world's largest manufacturer of the vehicles, to develop a single platform to connect a wide range of services in the growing market for RVs. (9-0)
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Meet Josie Pepper - Munich Airport's robot help

2018-02-15 nzherald.co.nz
A humanoid robot called Josie Pepper has been rolled out at Munich Airport in a test to find out how it is accepted by passengers. (6-0)
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Auckland Airport lifts first-half profit by 17 per cent, tightens full-year guidance

2018-02-15 nzherald.co.nz
Auckland International Airport, New Zealand's busiest gateway, posted a 17 per cent gain in first-half profit and said its strong performance gave it the confidence to tighten the range of its full-year guidance for underlying earnings. (2-0)
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Stock Takes - What next for Fletcher Building?

2018-02-15 nzherald.co.nz
Fletcher Building's share price took a hit when it came off a trading halt this week, but it could have been worse if it had gone to the market for funds. (6-0)
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Genesis Energy, L.P.'s (GEL) CEO Grant Sims on Q4 2017 Results - Earnings Call Transcript

2018-02-15 seekingalpha
Genesis has four business segments: The Offshore Pipeline Transportation Division is engaged in providing the critical infrastructure to move oil produced from the long-lived world-class reservoirs from the Deepwater Gulf of Mexico to Onshore Refining Centers. The Sodium Minerals and Sulfur Services Division includes trona and trona-based exploring, mining, processing, producing, marketing and selling activities, as well as the processing of sour gas streams to remove sulfur and refining operations. (2-0)
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BRIEF-Genesis Energy LP Reports Qtrly Revenues $720.05 Million

2018-02-15 reuters
* GENESIS ENERGY LP - QTRLY NET INCOME ATTRIBUTABLE TO GENESIS ENERGY LP OF $15.5 MILLION, RESULTING IN LOSS OF $0.01 OF NET INCOME PER COMMON UNIT (2-0)
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Shares rise, led by Sanford, Metro Glass

2018-02-15 nzherald.co.nz
New Zealand shares rose, led higher by Sanford and Metro Performance Glass, with Fletcher Building extending its slide after yesterday's selloff. (9-0)
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Dollar little changed as recovery in risk appetite weighs on greenback

2018-02-15 nzherald.co.nz
The New Zealand dollar was little changed against the US dollar as markets shrugged off the stronger-than-expected inflation data in the US and a recovery in risk sentiment weighed on the greenback. (6-0)
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Fletcher Building ignored warnings, says shareholders body

2018-02-15 nzherald.co.nz
The board of Fletcher Building ignored warnings that all was not well at the company, according to the New Zealand Shareholders Association. (6-0)
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Fletcher Building should sell Formica: analyst

2018-02-15 nzherald.co.nz
Fletcher Building paid US$700 million ($947m) to buy Formica Corp from private equity owners Cerberus Capital Management and Oaktree Capital Management in 2007. It may be a good time to sell a business that sits outside its core operations, says Morningstar. (6-0)
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Fletcher: Writing was on the wall

2018-02-15 radionz.co.nz
Analysis: The profitability, economic value and reputation of New Zealand's biggest construction company have been gunned down today, writes Gyles Beckford. (6-0)
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3 Stocks to Watch on Wednesday: Chipotle Mexican Grill, Inc. (CMG), Metlife Inc (MET) and Occidental Petroleum Corporation (OXY) | InvestorPlace

2018-02-14 investorplace
U.S. equities bounced back following losses early in yesterday’s session as breadth was positive and crude oil weakened. The S&P 500 Index gained 0.3%, the Dow Jones Industrial Average surged 0.2% and the Nasdaq Composite surged 0.5%. (50-0)
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Fran O'Sullivan: Norris made right choice in resigning

2018-02-14 nzherald.co.nz
Sir Ralph Norris effectively fired himself as chairman at Fletcher Building, taking accountability for the billion-dollar fiasco with troubled construction projects. (14-0)
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Skellerup's profits soar 31 per cent on back of industrial unit

2018-02-15 nzherald.co.nz
Skellerup Holdings lifted first-half profit 31 per cent thanks to a "standout" performance from its industrial unit which boosted earnings 40 per cent, and it forecast an increase in full-year profit. (1-0)
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Editorial: How did Fletcher Building miscalculate so badly?

2018-02-14 nzherald.co.nz
The public is well accustomed to corporate calamities on big building projects. Frequently the names on the hoardings change after the original construction company gets into difficulty. But a company bearing the name Fletcher in this country is expected to be different. (12-0)
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Fears job losses will stem from Fletcher's fall

2018-02-14 radionz.co.nz
Unions fear Fletcher Building's decision to quit bidding for big new construction projects will mean job losses, and say using subcontractors is a big part of the company's downfall. (6-0)
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Finance experts worry about Fletcher Building: could it get worse?

2018-02-14 nzherald.co.nz
Finance experts fear more red ink from Fletcher Building - on top of the $952m of expected losses from a troubled business unit over the past two years. (6-0)
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Telstra: The Long Painful Decline

2018-02-14 seekingalpha
Telstra's bad reputation among consumers, combined with an en masse entry of new competitors in its key markets will diminish revenue over time. (2-0)
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NZ shares dragged lower by Fletcher Building

2018-02-14 nzherald.co.nz
New Zealand shares were mixed as Fletcher Building plunged 9.3 per cent after the company unveiled further provisions at Building + Interiors (B+I) that bring two-year losses at the unit to $952 million. (12-0)
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ASX runs out of puff ahead of US inflation data

2018-02-14 smh.com.au
The ASX fell on Wednesday, weighed down by a drop in CBA shares ahead of US inflation data that some traders believe will dictate the next move for markets. (7-0)
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'This is a low point' - Fletcher chair Sir Ralph Norris

2018-02-14 nzherald.co.nz
"This is a low point. No doubt about that," Sir Ralph Norris said after announcing his resignation as chairman of Fletcher Building. (6-0)
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Fight for Kiwi travellers heating up

2018-02-14 nzherald.co.nz
Competition for Kiwi tourists keeps building as retail travel chain helloworld rolls out deals on flights and holidays to celebrate its second anniversary. (6-0)
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Dollar rises on growing inflation expectations, US CPI looms

2018-02-14 nzherald.co.nz
The New Zealand dollar rose after the Reserve Bank's survey of expectations showed firms are predicting inflationary pressures, and ahead of US inflation which may offer a steer on the Federal Reserve's interest rate track. (6-0)
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Fletcher Building's own Valentines Day Massacre

2018-02-14 radionz.co.nz
Analysis: The profitability, economic value and reputation of New Zealand's biggest construction company have been gunned down today, writes Gyles Beckford. (6-0)
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UPDATE 2-MetLife says pension failures go back 25 years, hurt 4th-qtr profit

2018-02-14 reuters
(Reuters) - U.S. insurer MetLife Inc (MET.N) on Tuesday said internal failures that resulted in its not making payments to thousands of pensioners stretched back a quarter of a century and it would take a major effort this year to fix the problems. (11-0)
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Fletcher Building shares hit two-year low after shock downgrade

2018-02-14 nzherald.co.nz
Fletcher Building's shares tumbled to a two-year low of $6.69 today after the company unveiled further provisions at Building + Interiors (B+I) that bring two-year losses at the unit to $952 million. (6-0)
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PRESS DIGEST- Financial Times - Feb 14

2018-02-14 reuters
Feb 14 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. (10-0)
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Australia Power Player Calls Out Traders Who Can't Back Up Deals - Bloomberg

2018-02-14 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (7-0)
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Third straight win for stock market in doubt as Dow futures tumble more than 100 points - MarketWatch

2018-02-13 marketwatch
A two-day recovery for U.S. equities showed signs of faltering on Tuesday, with Dow Jones Industrial Average futures dropping more than 100 points. (85-0)
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