Xero directors Drury, Winkler and Morgan cash in on 35% share price rally
By Paul McBeth Nov. 26 (BusinessDesk) - Xero founder Rod Drury and directors Craig Winkler and Sam Morgan sold shares on market in a multi-million dollar payday, taking advantage of a 35 percent rally in the stock this year. Drury and Winkler each sold 1 million shares at...
Pacific Edge first-half loss widens, ramps up sales in US
By Paul McBeth Nov. 26 (BusinessDesk) - Pacific Edge, which compensated shareholders over the way it announced major US deals in 2013, widened its first-half loss, spending more on the roll-out of products across North America where it ramped up sales of its Cxbladder non-inva...
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...
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