NZ building consents sink 8.2% in January as Canterbury drops off
By Paul McBeth Feb. 29 (BusinessDesk) - New Zealand building consents fell last month as a drop-off in Canterbury construction intentions offset growth in other regions, although Auckland continued to lag behind the estimated level needed to match growth in housing demand....
Pacific Edge shares jump to two-month high after signing supply agreement for US vets
By Paul McBeth Feb. 29 (BusinessDesk) - Pacific Edge shares jumped to a two-month high after the bladder cancer test maker signed a supply deal letting it market its Cxbladder product to the US Veterans Administration, the nation's biggest integrated health care system. Th...
Marsden Maritime lifts first-half earnings 2.9% as Northport volumes remain flat
By Paul McBeth Feb. 29 (BusinessDesk) - Marsden Maritime Holdings, which owns half of the Marsden Point-based Northport along with a marina, commercial facilities and land, lifted first-half profit 2.9 percent with cargo volumes crossing the port largely flat. Net profit i...
NZOG 1H loss widens on Tui, Maari writedowns; cost-cutting to go up to the boardroom
By Paul McBeth Feb. 29 (BusinessDesk) - New Zealand Oil & Gas, whose chairman Peter Griffiths unexpectedly resigned this month, widened its first-half loss as it wrote down the value of its Tui and Maari investments and switched its accounting policy to cope with a cheaper oil...
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