Allied Farmers anticipates rebound in dairy herd sales will bolster annual earnings
By Paul McBeth Feb. 27 (BusinessDesk) - Allied Farmers expects a recovery in dairy herd sales will bolster the rural services firm's annual earnings while announcing a smaller decline in first-half profit than flagged earlier this month. The Hawera-based company said net p...
Metlifecare 1H profit jumps 31% as housing boom bolsters property values, fattens sales margins
By Paul McBeth Feb. 27 (BusinessDesk) - Metlifecare's first-half profit jumped by almost a third as the country's housing boom bolstered the value of the retirement village operator's property portfolio and fattened its margins for unit sales. Net profit rose to $164.1 mil...
World Week Ahead: Trump to address Congress
By Margreet Dietz Feb. 27 (BusinessDesk) - Investors will eye two key speeches this week, starting with US President Donald Trump’s address before Congress on Tuesday and a talk by Federal Reserve Chair Janet Yellen on Friday. Meanwhile, billionaire Warren Buffett offered...
Murray Goulburn's milk collection sinks 21% in first half, outpacing Fonterra
By Paul McBeth Feb. 24 (BusinessDesk) - Murray Goulburn Cooperatives' domestic collection slumped by more than a fifth through the latter half of last year, outpacing the decline Kiwi rival Fonterra Cooperative Group faced, as record rainfall and a tougher fight for suppliers...
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