F&P Healthcare to 'vigorously contest' what's likely to be lengthy IP legal spat
By Fiona Rotherham Aug. 23 (BusinessDesk) - Lewis Gradon, managing director of medical devices maker Fisher & Paykel Healthcare, says it will “vigorously contest” what’s expected to be a lengthy tit-for-tat intellectual property dispute with American rival ResMed. ResMed fi...
Ports of Auckland delivers $54M dividend to council owner despite revenue drop
By Fiona Rotherham Aug. 23 (BusinessDesk) - Auckland Council will receive a $54.3 million dividend from Ports of Auckland after the city's port operator announced a lift in full-year profit despite even as revenue fell with container volumes. The payout, up $12.6 million on...
Car dealer Colonial Motors boosts trading profit 18% as car sales rise
By Fiona Rotherham Aug. 19 (BusinessDesk) - Colonial Motor Company, which owns motor vehicle dealerships nationwide, posted a record underlying profit of $19.2 million as the nation's new vehicle industry hit the highest ever level of sales. Trading profit for the year ende...
Kiwi tech company Endace posts US$97.4 mln 2015 loss; new owners gain contracts
By Fiona Rotherham Aug. 19 (BusinessDesk) - Endace, which makes high-speed network monitoring and recording technology, reported a loss of US$97.4 million for the June 2015 year and negative operating cash flows of US$5.5 million though it has since undergone a management-led...
Prev
