Smiths City puts off capital return until next year as tight trading leads to earnings downgrade
By Paul McBeth Oct. 25 (BusinessDesk) - Smiths City Group has delayed a planned $5.7 million capital return to shareholders a second time as increasingly tight trading conditions prompted the retail chain to downgrade its first-half earnings outlook. Christchurch-based Smi...
TeamTalk chief Andrew Miller backs reinvestment to generate sustainable dividends
By Paul McBeth Oct. 25 (BusinessDesk) - TeamTalk chief executive Andrew Miller would prefer to see the telecommunications firm's earnings poured back into the business to build sustainable returns to shareholders. The Wellington-based company's board is targeting a resumpt...
New employment law just a start, CTU head Richard Wagstaff says
By Paul McBeth Oct. 25 (BusinessDesk) - New Zealand's union movement is optimistic its goals will get an "immediate boost" from the new Labour-led administration but won't rest on its laurels once new employment law is passed, says Council of Trade Unions president Richard Wag...
PGG Wrightson appoints Ian Glasson as new chief executive
By Paul McBeth Oct. 25 (BusinessDesk) - PGG Wrightson has hired former Gold Coin/Zuellig Agriculture head Ian Glasson to take over the Kiwi rural supplies business starting next month. Glasson replaces Mark Dewdney, who signalled his departure in June, and has an extensive...
Prev
