Healthscope's NZ pathology outperforms on Wellington lab deal
By Paul McBeth Feb. 23 (BusinessDesk) - ASX-listed Healthscope's New Zealand pathology business outperformed the rest of the group after its successful bid to provide lab services across the Wellington region drove a 21 percent gain in revenue. The New Zealand unit increas...
Heartland shares rise after lender hikes dividend, lifts first-half profit 8.9%
By Paul McBeth Feb. 23 (BusinessDesk) - Heartland Bank shares rose to a three-week high after the NZX-listed lender hiked its interim dividend payment following an 8.9 percent lift in first-half profit, as increased auto loans and reverse mortgages bolstered its household lend...
NZ dollar gains as Asian stocks rally on improving investor sentiment
By Paul McBeth Feb. 22 (BusinessDesk) - The New Zealand dollar gained, joining a rally in risk-sensitive assets, as stocks across Asia rose on improving investor sentiment. The kiwi rose to 66.48 US cents at 5pm in Wellington from 66.34 cents at 8am and 66.29 cents on Frid...
Chorus credit rating upgraded on copper decision, capital management, Moody's says
By Paul McBeth Feb. 22 (BusinessDesk) - Chorus's credit rating has been upgraded a notch by Moody's Investors Service following the Commerce Commission's decision on pricing for the network operator's regulated copper lines and the company's decision to maintain its capital ma...
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