Archive for the 'Article' Category

Fletcher trims $12 mln from slimmed down Higgins acquisition

Article – BusinessDesk

Friday 29 July 2016 04:40 PM

Fletcher trims $12 mln from slimmed down Higgins acquisition

By Paul McBeth

July 29 (BusinessDesk) – Fletcher Building paid $12 million below the flagged purchase price to buy rival construction company Higgins Group Holdings after dropping Horokiwi Quarries from its application to reduce its dominance in the aggregates market. Read more »

Moa stresses it has no undisclosed plans

Article – BusinessDesk

Moa stresses it has no undisclosed plans

By Pattrick Smellie

July 29 (BusinessDesk) – Shareholders of NZX-listed beer-maker Moa Breweries have been assured again that the company has no “specific plans for corporate activity to talk about”. Read more »

Kingfish’s Fisher warns of lower returns

Article – BusinessDesk

Kingfish’s Fisher says over-valued NZ shares have ‘no room for earnings disappointment’

By Fiona Rotherham Read more »

NZ business confidence dips in June

Article – BusinessDesk

NZ business confidence dips in June as agriculture feels the pinch, construction stays positive

By Sophie Boot Read more »

Bethunes signals capital raise will come with investment

Article – BusinessDesk

Friday 29 July 2016 12:49 PM

Bethunes signals capital raise will come if and when investment opportunity arises

By Paul McBeth Read more »

NZ residential building consents highest in 10 years

Article – BusinessDesk

NZ residential building consents hit highest annual total in more than a decade

By Tina Morrison

July 29 (BusinessDesk) – New Zealand residential building consents reached their highest annual total in more than a decade, driven by activity in Auckland and surrounding regions. Read more »

Mainfreight’s Plested gives recipe for NZ

Article – BusinessDesk

Mainfreight’s Plested gives recipe for NZ including capital gains tax, performance pay for teachers

By Jonathan Underhill Read more »

Veritas says earnings fell within guidance

Article – BusinessDesk

Veritas says earnings fell within guidance

By Paul McBeth

July 29 (BusinessDesk) – Veritas Investments says annual earnings declined as expected and it will provide more detail of how its three food and beverage businesses are tracking when it formally reports next month. Read more »

Carter Holt loses bid to toss out huge leaky schools suit

Article – BusinessDesk

Carter Holt loses bid to toss out huge leaky schools suit

By Paul McBeth

July 29 (BusinessDesk) – Carter Holt Harvey has lost its final bid to throw out a claim that it’s liable for the cost of fixing about 890 leaky schools, with the Supreme Court siding with the Ministry of Education. Read more »

Unexpected bedfellows emerge in early Unitary Plan reactions

Article – BusinessDesk

Wednesday 27 July 2016 05:47 PM

Unexpected bedfellows emerge in early Unitary Plan reactions

By Pattrick Smellie

July 27 (BusinessDesk) – Early reaction to the recommendations of an independent hearings panel for the final version of Auckland’s new Read more »

NZ stocks drop, A2 Milk falls ahead of legal challenge

Article – BusinessDesk

Wednesday 27 July 2016 05:36 PM

MARKET CLOSE: NZ stocks drop, A2 Milk falls ahead of legal challenge, Fletcher Building gains Read more »

Goodman Property Trust wants to increase business park

Article – BusinessDesk

Goodman Property Trust wants to increase Auckland industrial, business park property

By Sophie Boot

July 27 (BusinessDesk) – Goodman Property Trust, New Zealand’s second-largest listed property investor, says it believes the best returns will be delivered through industrial and business park properties in Auckland. Read more »

Bigger, denser, less rule-bound Auckland recommended

Article – BusinessDesk

Bigger, denser, less rule-bound Auckland recommended in draft Unitary Plan

By Pattrick Smellie

July 27 (BusinessDesk) – Auckland will be more densely populated, have a 30 percent larger new urban area and a far less prescriptive set of rules for new residential developments than the plan put forward by the Auckland Council, if recommendations of an independent panel are adopted. Read more »

Ryman flags new $200 mln village for Auckland’s Hobsonville

Article – BusinessDesk

Wednesday 27 July 2016 11:44 AM

Ryman flags new $200 mln village for Auckland’s Hobsonville

By Paul McBeth

July 27 (BusinessDesk) – Ryman Healthcare, the country’s biggest retirement village operator, has bought a 4 hectare site in Auckland’s Hobsonville for a $200 million development, marking its 10th village in New Zealand’s largest city. Read more »

AWF Madison sets modest goals for 2017

Article – BusinessDesk

Wednesday 27 July 2016 11:22 AM

AWF Madison sets modest goals for 2017

By Paul McBeth
July 27 (BusinessDesk) – AWF Madison Group, the country’s largest contract labour firm, is looking to bounce back from last year’s dip in earnings as it sets “modest goals” for 2017 with a view to reaping greater productivity by investing in new technology. Read more »

Auckland leisure centres axe unhealthy drinks

Article – BusinessDesk

Wednesday 27 July 2016 11:03 AM

Auckland leisure centres axe unhealthy drinks from vending machines

By Edwin Mitson

July 27 (BusinessDesk) – Auckland Council is to stop selling drinks that are sweetened by sugar from vending machines at its leisure centres in a bid to try to reduce obesity and type 2 diabetes. Read more »

G3 delays planned capital raise

Article – BusinessDesk

Wednesday 27 July 2016 10:06 AM

G3 delays planned capital raise, says first-quarter margins running below target

By Paul McBeth Read more »

Abano turns to 2016 annual profit after selling stake

Article – BusinessDesk

Wednesday 27 July 2016 09:53 AM

Abano turns to 2016 annual profit after selling audiology stake

By Tina Morrison

July 27 (BusinessDesk) – Abano Healthcare, the Australasian radiology and dental centre operator, turned to an annual profit after selling its half stake in audiology investor Bay International and expanding its dental chain. Read more »

NZ dollar little changed as central bank meetings awaited

Article – BusinessDesk

Wednesday 27 July 2016 08:35 AM

NZ dollar little changed as investors await central bank meetings, Australian inflation

By Paul McBeth Read more »

Former Kiwi startup builds customers from Singapore

Article – BusinessDesk

Wednesday 27 July 2016 08:36 AM

TradeGecko ‘doing millions in revenue’ as former Kiwi startup builds customers from Singapore Read more »

Next Page »