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Fletcher Building profits up 19pc
Fletcher Building posted a 19 per cent gain in full-year profit, before one-time items, as the contribution from newly acquired Crane Group more than made up for a drop in sales of building products.
SkyCity profit climbs 21pc to $123m
SkyCity, the country's biggest casino operator, boosted annual profit 21 per cent as its sales beat brokers' targets with Auckland gaming revenues reporting strong growth.
World markets down as Euro talks disappoint
Disappointment about the outcome of a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy ruled investor sentiment on both sides of the Atlantic overnight.
Acquisitions brings optimism to world markets
Investors have begun the week on an optimistic note, helped by news of Google's $12.5b offer to buy Motorola Mobility Holdings.
Kiwi dollar tipped to gain as equity markets recover
The New Zealand dollar may rise this week, as equity markets recover from a three-week selloff following the US credit rating downgrade.
SOE share loyalty scheme being considered
Finance Minister Bill English has acknowledged there is little he can do to stop shares from partial floats of state-owned enterprises ultimately ending up in foreign hands.