Fonterra's TAF scheme needs 'strong' mandate
Fonterra says it won't go ahead with its Trading Among Farmers scheme without a clear mandate from its farmer members.
Fonterra says it won't go ahead with its Trading Among Farmers scheme without a clear mandate from its farmer members.
Xero's annual net loss swelled 5 per cent to $7.9 million even as its annualised committed revenue rose 82 per cent.
After narrowly surviving a vote at GPG's annual meeting, Sir Ron Brierley has lambasted the institutional shareholders who tried to oust him.
Sir Ron Brierley has survived a New Zealand Shareholders Association campaign to oust him from the board of the Guinness Peat Group.
Property company NPT reported a 12.5 per cent increase in fiscal year profit.
Kiwi Income Property Trust has posted a healthy profit in the year to March after reporting a bottom line loss in the previous year.
Sky City's share price has dropped 4.6pc after it cut its earnings forecast this morning.
An investment portfolio managed by BNZ has pulled out of a Pyne Gould managed fund after an auditor walk-out.
Sky City has revised its earnings downward to a net profit "in the low $140 millions".
The NZ Shareholders Association said it will vote against the re-election of Sir Ron Brierley to the board of Guiness Peat Group.
It appears we have entered a new era of "return free" risk. This environment has been labelled "financial repression".