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Zespri raises 2016 forecast tray prices, sees earnings growth next year

Zespri raises 2016 forecast tray prices, sees earnings growth next year

By Paul McBeth Feb. 23 (BusinessDesk) - Zespri International, which holds a monopoly over most kiwifruit exports, raised its forecast tray prices for the 2016 year as the season nears its conclusion, and expects to see earnings pick up in 2017.  The Mt Maunganui-based compa...

Paul McBeth 23 Feb 2016
NZ dollar may extend gain as US manufacturing gauge weighs on greenback; buoyed by oil prices

NZ dollar may extend gain as US manufacturing gauge weighs on greenback; buoyed by oil prices

By Paul McBeth Feb. 23 (BusinessDesk) - The New Zealand dollar may extend its gain as a gauge of US manufacturing weighed on the greenback and as a rally in oil prices stoked demand for commodity-linked currencies, such as the kiwi.  The local currency traded at 66.97 US ce...

Paul McBeth 23 Feb 2016
Healthscope's NZ pathology outperforms on Wellington lab deal

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...

Paul McBeth 23 Feb 2016
Heartland shares rise after lender hikes dividend, lifts first-half profit 8.9%

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...

Paul McBeth 22 Feb 2016
NZ dollar gains as Asian stocks rally on improving investor sentiment

NZ dollar gains as Asian stocks rally on improving investor sentiment

Paul McBeth 22 Feb 2016
Chorus credit rating upgraded on copper decision, capital management, Moody's says

Chorus credit rating upgraded on copper decision, capital management, Moody's says

Paul McBeth 22 Feb 2016
Ports of Auckland lifts first-half profit 9.5% as maintenance costs drop

Ports of Auckland lifts first-half profit 9.5% as maintenance costs drop

Paul McBeth 22 Feb 2016
Kiwibank ekes out 1.4% gain in first-half profit, on track to beat 2015 annual earnings

Kiwibank ekes out 1.4% gain in first-half profit, on track to beat 2015 annual earnings

Paul McBeth 21 Feb 2016
Hellaby anticipates strong recovery when delayed oil contracts come on stream

Hellaby anticipates strong recovery when delayed oil contracts come on stream

Paul McBeth 21 Feb 2016
World Week Ahead: US rates move back in focus

World Week Ahead: US rates move back in focus

Paul McBeth 21 Feb 2016
Rubicon confident it can cover ArborGen financing plan amid litigation uncertainty

Rubicon confident it can cover ArborGen financing plan amid litigation uncertainty

Paul McBeth 19 Feb 2016
NZ dollar largely flat on the week as sentiment waxes and wanes, Brexit vote looms

NZ dollar largely flat on the week as sentiment waxes and wanes, Brexit vote looms

Paul McBeth 19 Feb 2016
Millennium & Copthorne raises dividend on improved underlying earnings

Millennium & Copthorne raises dividend on improved underlying earnings

Paul McBeth 19 Feb 2016
Chorus shares rise 4.5% as investors pleasantly surprised with dividend size

Chorus shares rise 4.5% as investors pleasantly surprised with dividend size

Paul McBeth 19 Feb 2016
Forest & Bird loses bid to overturn land swap for Ruataniwha

Forest & Bird loses bid to overturn land swap for Ruataniwha

Paul McBeth 19 Feb 2016
Pyne Gould warns of value loss if Torchlight unit wound up too early

Pyne Gould warns of value loss if Torchlight unit wound up too early

Paul McBeth 19 Feb 2016
Fairfax's NZ unit posts 12% fall in earnings as print ad sales decline

Fairfax's NZ unit posts 12% fall in earnings as print ad sales decline

Paul McBeth 18 Feb 2016
NZ govt's 6-month deficit wider than expected, income tax-take shows signs of improving

NZ govt's 6-month deficit wider than expected, income tax-take shows signs of improving

Paul McBeth 18 Feb 2016
UPDATE: Chorus resumes dividends after ComCom ruling, 1H profit drops 48%

UPDATE: Chorus resumes dividends after ComCom ruling, 1H profit drops 48%

Paul McBeth 18 Feb 2016
FIRST CUT: Auckland Airport lifts first-half profit as booming tourism drives passenger numbers

FIRST CUT: Auckland Airport lifts first-half profit as booming tourism drives passenger numbers

Paul McBeth 18 Feb 2016
NZ dollar gains vs. Australian dollar as unemployment rises across the Tasman

NZ dollar gains vs. Australian dollar as unemployment rises across the Tasman

Paul McBeth 18 Feb 2016
Spark dangles special dividend sweetener for another year, shares rise

Spark dangles special dividend sweetener for another year, shares rise

Paul McBeth 18 Feb 2016
UPDATE: Spark's tilt to mobile, data drives up first-half profit 9%

UPDATE: Spark's tilt to mobile, data drives up first-half profit 9%

Paul McBeth 17 Feb 2016