NZ dollar slips after rising above 69 US cents overnight; dairy prices rise but on lower volumes
By Jonathan Underhill Dec. 6 (BusinessDesk) - The New Zealand dollar fell from its overnight highs against the greenback as dairy prices gained at the latest auction but on lower volumes. It rose against the Aussie dollar after the Reserve Bank of Australia kept its cash rate...
Delegat lifts full-year earnings guidance on sales growth, weaker kiwi dollar
By Jonathan Underhill Dec. 5 (BusinessDesk) - Delegat Group, New Zealand's largest listed winemaker, lifted its 2018 earnings guidance, saying it's benefiting from sales growth and a weaker kiwi dollar. Operating profit in the 12 months ending June 30, 2018, is expected to...
Bethunes shareholders approve deal to let Transport Investments use its NZX listing
By Jonathan Underhill Dec. 5 (BusinessDesk) - Bethunes Investments shareholders have approved a reverse listing deal that will see the NZX-listed company used as a vehicle for freight and logistics firm Transport Investments to go public. The company's shareholders signed o...
Farmer confidence drops on concern new government policies will dent output, Rabobank says
By Jonathan Underhill Dec. 5 (BusinessDesk) - New Zealand farmer confidence dropped in the final quarter of the year, and has tumbled 41 percent in the past six months, mainly on concerns the coalition government will enact policies that constrain the rural sector. Farmers...
Prev
