Wiri prison operator narrows full-year loss, doubles dividend
By Jonathan Underhill Nov. 16 (BusinessDesk) - SecureFuture Wiri Holdings, which has the contract for the Auckland South Corrections Facility, narrowed its full-year loss while managing to double its dividend payment. The loss narrowed to $1.6 million in the year ended June...
IkeGPS first-half loss widens as Stanley rollout delayed
By Jonathan Underhill Nov. 16 (BusinessDesk) - IkeGPS, the laser measurement toolmaker, posted a wider first-half loss and said a supply-chain glitch for the Stanley Smart Measure Pro meant some sales wouldn't be recognised until the second half. The loss was $6.8 million i...
NZ dollar falls as stronger-than-expected US data lifts greenback
By Jonathan Underhill Nov. 16 (BusinessDesk) - The New Zealand dollar fell as stronger-than-expected US retail sales and manufacturing data helped extend the greenback's rally, while gains in dairy prices overnight weren't enough to offset offshore influences on the kiwi. T...
NZ dollar gains as US bond rally runs out of puff in Asia, capping greenback's rise
By Jonathan Underhill Nov. 15 (BusinessDesk) - The New Zealand dollar gained as US bonds rose in Asia, capping a selloff that drove yields to their highest levels this year and dragged the greenback up with them. The kiwi traded at 71.11 US cents as at 5pm in Wellington, fr...
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