Archive for the 'Article' Category

Unite Union makes headway in talks with Restaurant Brands

Article – BusinessDesk

Wednesday 24 May 2017 01:53 PM

Unite Union makes headway in talks with Restaurant Brands

By Paul McBeth Read more »

Arvida, on expansion drive, more than doubles annual profit

Article – BusinessDesk

Wednesday 24 May 2017 10:39 AM

Arvida, on expansion drive, more than doubles annual profit

By Tina Morrison

May 24 (BusinessDesk) – Arvida Group, the retirement village company that listed in 2014, more than doubled annual profit as it expanded its offering and benefited from a buoyant property market. Read more »

Fonterra lifts forecast milk payments for 2017

Article – BusinessDesk

Wednesday 24 May 2017 09:27 AM

Fonterra lifts forecast milk payments for 2017, 2018 seasons on higher prices

By Tina Morrison Read more »

Tower first-half loss narrows as Canterbury quake bill rises

Article – BusinessDesk

Wednesday 24 May 2017 09:20 AM

Tower first-half loss narrows as Canterbury quake bill rises again

By Paul McBeth

May 24 (BusinessDesk) – Tower narrowed its first-half loss as its underlying earnings improved, offsetting yet another unexpected increase in the cost of the Canterbury earthquakes six years ago. Read more »

Briscoe’s ASX listing won’t derail cautious investment

Article – BusinessDesk

Tuesday 23 May 2017 12:57 PM

Briscoe’s ASX listing won’t derail cautious investment approach, chair Meo says

By Paul McBeth Read more »

F&P Healthcare posts 18% gain in full-year profit

Article – BusinessDesk

Monday 22 May 2017 09:44 AM

F&P Healthcare posts 18% gain in full-year profit on record sales, upbeat about 2018

By Jonathan Underhill Read more »

Evolve Education lifts annual profit 1.5%

Article – BusinessDesk

Monday 22 May 2017 09:50 AM

Evolve Education lifts annual profit 1.5% on expanding portfolio

By Rebecca Howard

May 22 (BusinessDesk) – Evolve Education Group reported a 1.5 percent gain in full-year profit as revenues continued to rise with the childcare operator’s expanding portfolio of early childhood education centres. Read more »

Kiwi Property annual profit falls 43%

Article – BusinessDesk

Monday 22 May 2017 09:23 AM

Kiwi Property annual profit falls 43% as portfolio value appreciation slows

By Paul McBeth

May 22 (BusinessDesk) – Kiwi Property Group posted a 43 percent fall in annual profit as the value of its property portfolio rose at a slower pace than a year earlier, and it expects more moderation in the broader real estate market. Read more »

Briscoe to seek secondary listing on ASX

Article – BusinessDesk

Briscoe to seek secondary listing on ASX to broaden investor base

By Paul McBeth

May 19 (BusinessDesk) – Briscoe Group, the country’s biggest listed retailer, will pursue a secondary listing on the Australian Securities Exchange next week in a bid to broaden its investor base. Read more »

NZ annual net migration still running at record levels

Article – BusinessDesk

Friday 19 May 2017 11:25 AM

NZ annual net migration still running at record levels

By Rebecca Howard

May 19 (BusinessDesk) – New Zealand annual net migration remained at a record high in April and short-term visitor arrivals also hit a new record, lifted in part by the Easter holiday. Read more »

AFT gets greenlight for nine additional European countries

Article – BusinessDesk

Friday 19 May 2017 09:51 AM

AFT Pharmaceuticals gets greenlight for nine additional European countries

By Rebecca Howard Read more »

Pushpay annual loss widens as it invests to drive US growth

Article – BusinessDesk

Thursday 18 May 2017 11:51 AM

Pushpay annual loss widens as it invests to drive US growth

By Tina Morrison

May 18 (BusinessDesk) – Pushpay Holdings, whose mobile payment app allows churches to raise money from parishioners, posted a wider annual loss as it invests for future growth. It reiterated its financial targets for this year. Read more »

Goodman Property reports 9% decline in full-year profit

Article – BusinessDesk

Thursday 18 May 2017 10:02 AM

Goodman Property reports 9% decline in full-year profit

By Rebecca Howard Read more »

Infratil annual earnings pip past guidance

Article – BusinessDesk

Thursday 18 May 2017 09:32 AM

Infratil annual earnings pip past guidance as Tilt, Trustpower get late tailwind

By Paul McBeth Read more »

Heartland shares gain as 9-mth profit rises 13%

Article – BusinessDesk

Wednesday 17 May 2017 11:56 AM

Heartland shares gain as 9-mth profit rises 13%, annual guidance affirmed

By Paul McBeth Read more »

ResMed amends US trade complaint against F&P Healthcare

Article – BusinessDesk

Wednesday 17 May 2017 11:34 AM

ResMed amends US trade complaint against F&P Healthcare, other actions still proceeding

By Paul McBeth Read more »

Balex Marine sunk by high costs, slow sales

Article – BusinessDesk

Wednesday 17 May 2017 08:12 AM

Balex Marine, Snowball crowdfunder participant, sunk by high costs, slow sales

By Paul McBeth Read more »

NZ dollar falls in tight range with subdued volatility

Article – BusinessDesk

NZ dollar falls in tight range with subdued volatility measures as dairy auction looms

By Paul McBeth

May 16 (BusinessDesk) – The New Zealand dollar fell while continuing to trade in a narrow range as investors brushed off heightened uncertainty around North Korea and the Trump administration in the US and push stocks on Wall Street to new highs. Read more »

Govt announces Auckland house-building blitz

Article – BusinessDesk

Tuesday 16 May 2017 12:57 PM

Govt announces Auckland house-building blitz, $1.1B bond issue

By Pattrick Smellie

May 16 (BusinessDesk) – The Crown-owned housing agency, Housing New Zealand, will build a net 17,207 new affordable homes over the next decade in the government’s biggest new state housing announcement in more than eight years in government. Read more »

Methven shares drop to 15-month low on profit warning

Article – BusinessDesk

Tuesday 16 May 2017 12:45 PM

Methven shares drop to 15-month low on profit warning

By Paul McBeth

May 16 (BusinessDesk) – Methven shares fell to a 15-month low after the company said it expects annual profit will fall by as much as 15 percent after steady investment didn’t deliver the anticipated growth for the listed shower and tapmaker. Read more »

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