Heartland dismisses F&P Finance speculation

Article – BusinessDesk

June 26 (BusinessDesk) – Heartland New Zealand, the bank formed through the merger of Canterbury and Southern Cross building societies with Marac Finance, has dismissed media speculation that it is in the running to buy Fisher & Paykel Finance. Read more »

Notification of issue of securities – SeaDragon

Press Release – SeaDragon

For the purposes of Listing Rule 7.12.1 of the NZX Main Board Listing Rules, SeaDragon Limited (NZX:SEA) (the Company ) advises that the following securities have been issued: (a) Class of security: Convertible loan notes (issued to One Funds Management … Read more »

Independent Liquor puts Mill on the block to focus on brands

Article – BusinessDesk

June 26 (BusinessDesk) – Independent Liquor (NZ), the liquor company owned by Japan’s Asahi Group, has put its Mill Retail Holdings chain of liquor stores up for sale after just two years to focus on building its beverage brands business. Read more »

Beekeeping Industry Unification goes ahead

Press Release – Federated Farmers

Federated Farmers Bees, Honey Packers and Exporters Association and National Beekeepers Association have voted by a substantial majority to proceed with unifying the Apiculture industry and their associations at the New Zealand Apiculture Conference in Taupo … Read more »

EverEdgeIP raises millions to fuel further expansion

Press Release – EverEdgeIP

Auckland headquartered EverEdgeIP, a top intellectual property strategy and transaction firm, has completed a second capital raise, bringing on major new investors, including Sir Ralph Norris. Read more »

Independent Liquor writes off goodwill as FY loss widens

Article – BusinessDesk

Independent Liquor writes off remaining goodwill as FY loss widens, puts Mill on the block Read more »

Princess Cruises and NZ Natural Make a Sweet Deal

Press Release – MG Media

A new partnership between Princess Cruises and New Zealand Natural will benefit quake-affected Christchurch, with the cruise line donating a portion of sales from its new onboard ice cream parlour to help the city rebuild. Read more »

Veritas sees annual profit rising as much as 28% in 2016

Article – BusinessDesk

June 24 (BusinessDesk) – Veritas Investments, the listed food and beverage investor, anticipates annual profit will rise as much as 28 percent in the 2016 financial year, getting to where it thought it would be in the current year before it cut guidance. Read more »

AIA New Zealand Reports Net After-tax Profit of $16.7

Press Release – AIA

AIA New Zealand has announced 21 per cent growth in underlying profit, an improvement to $9.8 million for the 12 months to 30 November 2014 from $8.1 million in the prior year. The growth in underlying profit was mainly a result of improved operating and … Read more »

Payment times plummet

Press Release – Dun and Bradstreet

Commercial cash flow appears to be in rude health, with analysis of invoice payments revealing that businesses are paying each other with record speed, although continued falls in dairy prices are expected to affect future performance. Read more »

Banking profits lift

Press Release – PwC

New Zealands five major banks (ANZ, ASB, BNZ, Kiwibank and Westpac) have continued to show strong profits and lending growth in the first quarter of the 2015 calendar year (being 1 January 2015 to 31 March 2015, 1Q2015) however lending margins are … Read more »

New CEO for Te Pūtahitanga o Te Waipounamu

Press Release – Te Putahitanga o Te Waipounamu

Te Ptahitanga o Te Waipounamu board chair, Norm Dewes, has today announced that Helen Leahy has been appointed to the role of Acting CEO for Te Ptahitanga. Read more »

Landcorp says 2015 earnings ‘on track’ despite weaker dairy

Article – BusinessDesk

June 19 (BusinessDesk) – Landcorp Farming, New Zealand’s largest corporate farmer, said it doesn’t need to downgrade its earnings outlook in the wake of falling dairy prices remain weak, as it sheltered from volatility by locking in a guaranteed price … Read more »

World’s worst potholes inspire unique test track

Press Release – Ford New Zealand

Worlds worst potholes inspire unique test track that helps Ford develop even stronger cars Read more »

Fisher & Paykel Healthcare wins Supreme Exporter Award

Press Release – EMA

Record export growth backed by clear strategy and a focus on customer needs won Fisher & Paykel Healthcare the Supreme Exporter Award at the Auckland Export Awards last night. Read more »

Need more time to decide? Emirates introduces ‘Hold My Fare’

Press Release – Emirates Airlines

Need more time to decide? Emirates introduces Hold My Fare 19 June 2015: Emirates, a global connector of people, places and experiences, is now making it easier for New Zealand customers to book and lock in fares while they simultaneously plan their … Read more »

Kiwis Find Way To Drink Beer And Save The World

Press Release – DB Export

New Zealand beer brand DB Export is announcing it is on a mission to harness the power of drinking beer to save the world. In a New Zealand first, DB Export is attempting to make the country’s first ever commercially viable biofuel from the by-products … Read more »

New Plymouth advantage for digital business

Press Release – SiteSmart Digital

New Plymouth woman Corinne Davies was concerned SiteSmart, a digital marketing and web development agency she founded in Wellington, would struggle to survive after she returned to her hometown in 2011. Read more »

Seeka kiwifruit harvest beats expectations

Article – BusinessDesk

June 18 (BusinessDesk) – Seeka Kiwifruit Industries, the country’s biggest kiwifruit grower, reported a better-than-expected harvest in the 2015 season, which it says may help lift earnings in the current financial year. Read more »

Cookd Global, expanding Esquires chain, narrows annual loss

Article – BusinessDesk

June 15 (BusinessDesk) – Cooks Global Foods, which is taking the Esquires coffee chain outside of New Zealand and Australia, narrowed its annual loss while expanding its global footprint. Read more »

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