Orion Health first-half loss widens, sales climb

Article – BusinessDesk

Orion Health first-half loss widens in line with expectations as revenue climbs 26%, bolstered by weak kiwi Read more »

MARKET CLOSE: NZ shares rise as A2 Milk extends rally

Article – BusinessDesk

MARKET CLOSE: NZ shares rise as A2 Milk extends rally; Air NZ falls as yields weaken Read more »

Cavalier shareholder questions $470,000 CEO payment

Article – BusinessDesk

Nov. 24 (BusinessDesk) – A shareholder in carpet manufacturer Cavalier Corp has questioned the large termination payment made to former chief executive and managing director Colin McKenzie after the company reported its worst loss in history, stopped paying … Read more »

Tower posts loss on ballooning quake costs, hikes dividend

Article – BusinessDesk

Nov. 24 (BusinessDesk) – Tower, the general insurer, posted an annual loss as it prepares for more expensive claims from the Canterbury spate of earthquakes, but raised its dividend payout to reflect a stronger underlying earnings performance. Read more »

Cavalier expects annual profit to rise following restructure

Article – BusinessDesk

Nov. 24 (BusinessDesk) – Cavalier Corp expects annual earnings to rise this year as the New Zealand carpet maker restructures its business to boost profitability. Normalised profit is expected to be in the range of $3 million-to-$5 million in the … Read more »

Market Close:NZ shares climb to new record as a2,Ryman rally

Article – BusinessDesk

Market Close:NZ shares climb to new record as a2,Ryman rally By Paul McBeth Read more »

Fonterrra chairman John Wilson comfortably re-elected

Article – Businesswire

Nov. 23 (BusinessDesk) – Fonterra Cooperative Group shareholders have re-elected chairman John Wilson to the board despite speculation there has been a campaign to remove him from office after he and the dairy giant came in for criticism by its … Read more »

One New Director, Two New Shareholders’ Councillors Elected

Press Release – Fonterra Shareholders Council

Today, following the close of voting in the 2015 Fonterra Elections, which saw record Shareholder voting, it has been confirmed that one new Director and two new Shareholders Councillors will take office following the Fonterra Annual Meeting on Wednesday. Read more »

Tourism Holdings sees 10% lift in 2016 profit

Article – BusinessDesk

Nov. 23 (BusinessDesk) – Tourism Holdings, the campervan rental company, expects to lift profit 10 percent in the 2016 financial year, and is weighing up potential acquisitions globally and in the broader tourism industry. Read more »

AMP KiwiSaver Scheme receives Platinum rating

Press Release – AMP New Zealand

Leading life insurer and retirement savings provider, AMP Financial Services, has again cemented its position as one of New Zealands leading KiwiSaver providers with the announcement that it has been awarded a Platinum rating for 2016 from SuperRatings. Read more »

Evolve shares jump on 1H profit, affirms annual guidance

Article – Businesswire

Nov. 23 (BusinessDesk) – Evolve Education Group shares jumped to a five-month high after the childcare operator said its first-profit profit was in line with forecast annual earnings. Read more »

MetroGlass first-half profit meets reduced guidance

Article – Businesswire

Nov. 23 (BusinessDesk) – Metro Performance Glass, the country’s biggest glass processor, reported first-half earnings in line with its reduced guidance as capacity constraints in the construction sector squeezed its margins, even as sales came in better than … Read more »

Intueri says TEC review may dent 2015 earnings

Article – Businesswire

Nov. 23 (BusinessDesk) – Intueri Education Group, New Zealand’s largest private training institution, said the Tertiary Education Commission is reviewing funding at two of its schools, which could reduce 2015 earnings by between $4 million and $5 million. Read more »

MARKET CLOSE: NZ shares rise; Kathmandu gains on outlook

Article – BusinessDesk

Nov. 20 (BusinessDesk) – New Zealand shares rose after Kathmandu Holdings reported first-quarter margin growth and affirmed its full-year target, while Tower fell after warning that increased costs would dent profit. Read more »

Innovation, adaptability key to corporate sustainability

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Two important factors often ignored by investors when assessing companies are innovation capacity and adaptability and responsiveness despite the pace of technological change which makes them increasingly critical, says Matthew … Read more »

Spark joins firms tapping debt market with bond offer

Article – BusinessDesk

Spark joins firms tapping debt market, to sell up to $150 mln of seven-year bonds Read more »

Warehouse changes dividend policy to fund financial unit

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Warehouse Group, the countrys largest listed retailer, has changed its dividend policy to allow eventual profits from its new financial services group to be ploughed back into building up its lending book. Read more »

Cooks Food shareholders back plans to build war chest

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Cooks Global Foods shareholders today backed plans to build a war chest for China’s Jiajiayue Group (JJY) and chairman Keith Jackson to inject funds into the business by buying shares, before seeking further equity capital from … Read more »

Intueri pleads guilty to one charge over diving school death

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Intueri Education Group, New Zealand’s largest private training institution, has cut a deal with Worksafe New Zealand, pleading guilty to one charge over a student death at its diving school last year, with four remaining … Read more »

IkeGPS widens 1H loss to $3 million

Article – BusinessDesk

IkeGPS widens 1H loss to $3 mln; sees trebling of annual sales on strong smartphone demand Read more »

« Previous PageNext Page »