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Writedowns depress Sanford's profit
Sanford, New Zealand's largest listed fishing group, reported an 18 per cent drop in first-half profit as it wrote down the value of its fleet and Christchurch mussel plant.
Sanford, New Zealand's largest listed fishing group, reported an 18 per cent drop in first-half profit as it wrote down the value of its fleet and Christchurch mussel plant.
It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.
Trilogy announced its first dividend after annual profit more than tripled on Australian sales growth.
Evolve Education Group reported a net loss of $8.1 million, or 12.9 cents per share, in the period May 20.
Contact Energy shares jumped more than 14 per cent after announcing it will increase returns to shareholders.
Ask any big business what's holding them back and they'll have all the answers ready: government policy, the weak economy, the internet, consumers' reluctance to spend.
More than six months into the great oil price crash, US growth remains sluggish and cautious US consumers have banked the savings, writes Liam Dann.
Ryman Healthcare posted a 24pc gain in annual profit to $241.9m as the value of its properties increased and revenue rose.
Comvita beat its guidance with a 28pc gain in annual profit, saying purchases by Asian tourists helped drive sales.
Nearly one in five Auckland homes are sold within two years of being purchased, the Government has been told by officials.
Head of Auckland's biggest new housing precinct says people looking for short-term fix aren't welcome.
Security software firm Wynyard Group sees annual revenue growing up to 73 per cent this year as it pursues contracts and gets closer to finalising a major distribution agreement..
Free Primavera 50 Vespa motor scooters and helmets are being given away with six "affordable" Mt Eden one-bedroom apartments, for sale from $430,000.
Agents have welcomed new measures to track foreigners buying property but say tougher moves on money laundering are needed.
Farm prices have continued to rise, despite the near halving of milk prices over the past year, according to Real Estate Institute of New Zealand data.
Moves to crackdown on property speculators have been welcomed as a step in the right direction by market commentators but one analyst says the changes may be too little too late.
The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.
Economists are divided over the likely impact on the Auckland property market of new tax moves to target speculators.
The new tax rules will do little to cool Auckland's property market, according to John Key. The city needs more houses.
Mark Keating writes: The Government has been arm-twisted by its critics into a tax response to address Auckland property prices.
Last Thursday we saw a tale of two biotech companies. If you need evidence investing in medical research stocks is a lottery, this is the story for you, writes Christopher Niesche.
Experts say when Finance Minister Bill English stands up to announce his spending plans, there could be something in the Budget to help your pocket.
Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.
Australian Prime Minister Tony Abbott has found a new way to plug the country's budget hole: targeting multinationals.
Share trading platform Unlisted is applying for an exemption from the Financial Markets Authority.
It's a tough time to be an investment banker in Southeast Asia. Mergers involving Southeast Asian companies have dropped 45 per cent this year to the lowest level since 2009.
Increased dairy farm foreclosures look likely if product prices remain weak, the Reserve Bank says in its latest financial stability report.
The Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.