F&P Healthcare, Air NZ chair Tony Carter gets award from NZSA
By Paul McBeth Nov. 25 (BusinessDesk) - Tony Carter, chairman of both Fisher & Paykel Healthcare and Air New Zealand, has been recognised by the NZ Shareholders Association for his leadership skills as a director. The lobby group for retail investors named Carter its Beaco...
NZ dollar gains as futures market points to pick up in dairy prices, US holiday looms
By Paul McBeth Nov. 25 (BusinessDesk) - The New Zealand dollar gained as dairy futures indicated global dairy prices may have found a base, easing pressure on the Reserve Bank to cut interest rates in response to a slump in the country's biggest export. The kiwi rose to 65...
UPDATED: Fonterra shareholders turn down bid for smaller board
(Updates, recasts with final vote on board resolution, added comment) By Fiona Rotherham Nov. 25 (BusinessDesk) - Fonterra Cooperative Group shareholder support for a proposal to reduce the board size was evenly split and has led to the company acknowledging change is neede...
Bid to trim Fonterra board size spurs hot shareholder debate
By Fiona Rotherham Nov. 25 (BusinessDesk) - A proposal to slash the size of the Fonterra Cooperative Group board from 13 to nine came in for hot debate by shareholders at the cooperative’s annual meeting in Waitoa today. Former directors Colin Armer and Greg Gent put forwar...
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