The National Business Review | The National Business Review Online is New Zealand's authority in breaking business news and analysis.

Solid Energy based failed strategy on non-existent analysis

Pattrick Smellie | Tuesday May 21, 2013

As long ago as a December 2006 report officials had flagged concerns about the miner's departure from established strategy.

NZ inflation expectations at lowest in 14 years

Tuesday May 21, 2013 | 6 comments

Survey result suggests Reserve Bank will not have to rush to raise interest rates.

Inflation benign - which makes Wheeler's job harder, not easier

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| Rob Hosking | Tuesday May 21, 2013

Goodyear to sell NZ retail businesses to locals for undisclosed sum

Tuesday May 21, 2013

Beau Ideal will also take on Goodyear's local retail marketing and licensing programmes.

F&P Healthcare at two-year high as First NZ raises rating

Tina Morrison | Tuesday May 21, 2013

Profit expectations range from $73.9m to $75.3m, with a mean of $74.7m, according to a survey of seven analysts by Merlin Consulting.

Shorn merino sheep inspire wine brand win

NBR Staff | Monday May 20, 2013

Native kahikatea fence posts from the station are uniquely carved to house the bottle.

NZOG chairman backs director liability over health and safety failures

Paul McBeth | Tuesday May 21, 2013 | 3 comments

NZ culture, deregulation blamed for broken health and safety system

"Peter Griffiths is an exceptional chairman and this brave positioning is reflective of NZOG's reformed governance."

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Market close: shares fall - Mainfreight, Diligent decline

Tuesday May 21, 2013

However, Fonterra Shareholders' Fund rises 0.8% to $8.09, a record close, and Mighty River Power is up1.2% to $2.52.

Kiwi holds gains against greenback ahead of Bernanke testimony

Paul McBeth | Tuesday May 21, 2013

It traded at 81.82 US cents at 5pm in Wellington from 81.70 cents at 8am, up from 81.20 cents yesterday.

Democracy under pressure – and Budget juggling

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| Penny Pepperell of NBR Capital Letter | Tuesday May 21, 2013 | 1 comment

Renaissance posts first-half loss on shrinking margins, impairment

Tuesday May 21, 2013 | 7 comments

The net loss was $3.1m in the six months ended March 31, from a profit of $1.96m a year earlier.

Telecom's problem with intercept bill

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| Chris Keall | Tuesday May 21, 2013 | 1 comment

IBM NZ profit up

NBR staff | Tuesday May 21, 2013

Deep-sea phosphate miner on track for final investment decision

Pattrick Smellie | Tuesday May 21, 2013

CRP share price raised to a target value of $2 from $1.87 last September as the timetable firms for mining from early 2015.

Sealegs ekes out full-year profit, raising prices as sales slip

Tuesday May 21, 2013

A push into the commercial market is planned, including development of larger vessels for customers including law enforcement agencies and the military.

Auckland waterfront innovation hub ‘red herring’

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| Niko Kloeten | Tuesday May 21, 2013 | 6 comments

Colliers seeks $1bn of investment money for Wynyard

"More likely this area will get show pony firms that have been given big grants by the council or some government organisation."

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Symbol	Price	Change
SLG	0.15	0.01	11.11%
RAK	0.25	0.02	8.70%
JMO	16.50	0.80	5.10%
MVN	1.25	0.03	2.46%
OGC	2.17	0.03	1.40%
MHI	1.45	0.02	1.40%

Sym	Price	Change
USD	0.8201	0.0026	0.32%
AUD	0.8343	0.0013	0.16%
EUR	0.6355	0.0010	0.16%
GBP	0.5375	0.0018	0.34%
HKD	6.3654	0.0188	0.30%
JPY	84.0550	0.5050	0.60%

Commodity	Price	Change	Time
Gold Index	1393.5	33.470	2013-05-20T00:
Oil Brent	104.5	0.770	2013-05-20T00:
Oil Nymex	96.6	0.590	2013-05-20T00:
Silver Index	22.3	-0.307	2013-05-17T00:

Symbol	Open	High	Last	%
NZX 50	4598.7	4600.9	4598.7	-0.17%
NASDAQ	3490.5	3509.4	3499.0	-0.07%
DAX	8435.0	8456.2	8398.0	0.69%
DJI	15348.3	15391.8	15354.4	-0.12%
FTSE	6755.6	6759.7	6755.6	-0.04%
HKSE	23425.7	23446.0	23493.0	-0.39%
NI225	15264.8	15388.4	15360.8	0.13%

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5	Omnicom Media Group
6	Victoria University of Wellington Library
7	Chapman Tripp
8	DLA Phillips Fox
9	Honda New Zealand
10	Inland Revenue Department
11	Reserve Bank

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