Dropping ANZTPA joint regulatory agency a wise decision

Press Release – Medical Technology Association of New Zealand

Dropping the proposed Australia New Zealand Therapeutic Products Agency (ANZTPA) is a wise decision, says the Medical Technology Association of New Zealand (MTANZ). Read more »

NZ export log prices rise in November, China demand weak

Article – BusinessDesk

Nov. 21 (BusinessDesk) – New Zealand export log prices edged up in November although demand from China, the country’s largest market, is likely to remain subdued until the second quarter of next year. Read more »

UPDATE: Metroglass confirms on track for full year

Article – BusinessDesk

Nov. 21 (BusinessDesk) – Metro Performance Glass, which has more than half of New Zealand’s glass processing market, is on track to meet full-year prospectus forecasts as it benefits from a building boom in Auckland and Christchurch. Read more »

A2 Milk changes Chinese supply approach for infant formula

Article – BusinessDesk

Nov. 21 (BusinessDesk) – A2 Milk Co has agreed to make China State Farm Holdings Shanghai the sole importer of its a2Platinum infant formula while the milk marketer will take over the distribution in Asia’s largest economy. Read more »

Metroglass confirms on track for to meet full year targets

Article – BusinessDesk

Nov. 21 (BusinessDesk) – Metro Performance Glass, which has more than half of New Zealand’s glass processing market, said it’s on track to meet full-year prospectus forecasts after sales rose 13 percent in its first two months as a listed company. Read more »

Commerce Commission to consider baby products merger

Press Release – Commerce Commission

The Commerce Commission has received an application from Mayborn Group Limited seeking clearance to acquire certain assets in the ownership of Jackel Pty Limited, including intellectual property rights to the Tommee Tippee brands and trademarks relating … Read more »

South Island Wool Prices Firmer

Press Release – Wool Services International

New Zealand Wool Services International Limiteds General Manager, Mr John Dawson reports that the wider range of types on offer at this weeks South Island sale compared to the last sale in the North Island on 13th November saw a better spread … Read more »

F&P Healthcare stock at record on latest guidance upgrade

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Shares in Fisher & Paykel Healthcare rose to a record after the maker of breathing masks and humidifiers raised its profit forecast for the sixth time in two years, cementing its place as a market darling. Read more »

Australia and NZ’s Role in Maserati’s 100 Year History

Press Release – Maserati Australia and New Zealand

After a year-long build-up of anticipation with celebratory events around the world, supercar marker and motorsport competitor, Maserati will celebrate its 100th birthday on 1 December 2014, marking a century since the Maserati brothers founded their legendary … Read more »

F&P Healthcare lifts 2015 guidance after 1H earnings rise

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Fisher & Paykel Healthcare, which makes breathing masks and respirators, raised its outlook for annual profit after posting a 10 percent gain in first-half earnings as it benefits from the sale of new products, gains market … Read more »

Raw material supply constraints lead to SeaDragon loss

Article – BusinessDesk

Nov. 19 (BusinessDesk) – SeaDragon, which manufactures fish oil for health supplements, has reported a $574,000 half-year loss, 362 percent down on the same period last year after difficulties securing raw material saw its factory underused. Read more »

Getting Smart about what’s on the box

Press Release – Samsung

Were still watching TV. In fact Kiwis, on average, watch 175 minutes of TV per day. But the way were watching it is changing. Were still watching a fair chunk of linear telly i.e. when you sit down at an appointed time and catch up with … Read more »

A2 Milk to seek ASX listing, push into US market

Article – BusinessDesk

Nov. 18 (BusinessDesk) – A2 Milk Co is planning to list on the Australian stock exchange and launch into the US market next year, has changed its marketing push in the UK including gaining entry into Sainsbury and Wholefoods supermarkets, and is about … Read more »

Pacific Brands sells unprofitable footwear, sports apparel

Article – BusinessDesk

Nov. 18 (BusinessDesk) – Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting apparel brands, recognising a A$30 million loss on the sale. Read more »

Fletcher appoints Ernst & Young as auditor, replacing KPMG

Article – BusinessDesk

Nov. 18 (BusinessDesk) – Fletcher Building, New Zealand’s largest listed company, has appointed Ernst & Young as its auditor, ending a 13-year relationship with KPMG. Read more »

The French Cafe Named One of the Top Restaurants in World

Press Release – Electrolux

Auckland restaurant, The French Cafe, has been named one of the top five fine-dining restaurants in the world. Read more »

Don’t Just Rise – Shine! with Sleepyhead’s Best Bed Ever

Press Release – Sleepyhead

New Zealands number one bed manufacturer Sleepyhead have vamped up their popular Sanctuary range, producing a bed so fine even a vampire will wake feeling revived and refreshed after their best sleep in . . . 2,000 years. Read more »

Grow your own with a hand from Ballance science

Press Release – Ballance Agri-Nutrients

With cashflows tight on dairy farms, pasture comes out on top as the cheapest feed source and getting the best grass for the least cost can be achieved with a hand from science. Read more »

Pacific Brands in talks to sell unprofitable footwear unit

Article – BusinessDesk

Nov. 17 (BusinessDesk) – Pacific Brands, the Australian clothing and linen company, is in talks with an undisclosed buyer to sell its unprofitable footwear and sporting goods business. Read more »

SKOPE’s Resource Efficiency Developments Catch Judges’ Eyes

Press Release – Skope

SKOPE Industries Ltd has been named a finalist in the Project & Product: Resource Efficient Design category of the New Zealand Engineering Excellence Awards. Read more »

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