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South Canterbury credit rating lowered
Standard & Poor's has lowered the credit rating of South Canterbury Finance, on concerns about Allan Hubbard.
South Canty Finance changes prospectus after Hubbard fraud probe
Sth Canterbury Finance has stopped accepting deposits while it changes its prospectus.
<i>Deborah Hill Cone</i>: Same old problems under the skin
I may be a lone voice here, but where finance companies are concerned things seem to have got a bit out of proportion.
<i>Bernard Hickey:</i> Duo should forfeit $5m from Allied
NZ is a small place. Hotchin may think we have short memories ...
<i>David Chaplin:</i> In dark pools watch for basis points
According to research, New Zealand's institutional fund managers have been somewhat sloppy in handling their foreign exchange transactions.
Breaking up hard to do for GPG investors
GPG's demerger plan has little in it for us, say NZ shareholders.
GPG to spin-off Australia assets, delay Coats sale
GPG has released details of a plan to spin off its Australian assets into a seperate listed company.
Allied Farmers wins $6m in LA property litigation
Allied Farmers says it's been awarded $6m from a long running legal dispute around a Beverly Hills property development.
Hotchin takes a $765,000 loss
Embattled Hanover boss Mark Hotchin is selling properties as construction of his $30 million home on Paritai Drive continues.
Allied Farmers does deal to sell Five Mile
Allied Farmers says it has has conditional agreement to sell the second stage of the Five Mile property development in Queenstown.
Hotchins sell slice of paradise
The tropical playground-style Parnell mansion of wealthy Hanover co-founder Mark Hotchin is said to have sold for about $4 million.
<i>Brent Sheather</i>: Risk-free rates a bit of a gamble
Some risk-free rates suddenly don't look so risk-free any more.
Watson and Hotchin due $5m from Allied
Allied Farmers is due to pay Eric Watson and Mark Hotchin a further $5 million by the end of this month.
Petricevic trust chased for $800,000
Dispute over money paid to the trust during the two years before Petricevic's bankruptcy in August 2008.
Dorchester posts annual loss of $19.1M
Dorchester Pacific, seeking to raise $10 million to exit its moratorium, has reported a full-year loss of $19.1 million.