Scott Technologies in a 'sweet spot' says CEO Hopkins

Scott Technologies in a 'sweet spot' says CEO Hopkins

By Rebecca Howard April 6 (BusinessDesk) - Scott Technologies posted a 48 percent jump in first-half profit and chief executive Chris Hopkins says a global drive for increased automation means the industrial robotics firm is in a "sweet spot".  Net profit was $2.89 million...

Rebecca Howard 06 Apr 2017
Zespri reports strong interest in bidding round for Gold3 licenses

Zespri reports strong interest in bidding round for Gold3 licenses

By Rebecca Howard April 5 (BusinessDesk) - Zespri International reported strong interest in a bidding round for 400 hectares of new Gold3 or SunGold variety kiwifruit licences and said its shares will resume trading on Friday. The kiwifruit marketer said it received 938 bid...

Rebecca Howard 04 Apr 2017
MARKET CLOSE: NZ shares rise as investors hunt for yield, caution keeps lid on volumes

MARKET CLOSE: NZ shares rise as investors hunt for yield, caution keeps lid on volumes

By Rebecca Howard April 4 (BusinessDesk) - New Zealand stocks were led higher by Meridian Energy as companies with high dividends remained in favour, although trading was light as a dearth of domestic and international drivers kept many investors on the sidelines. The S&P/N...

Rebecca Howard 04 Apr 2017
Lani Hagaman says all Andrew Little had to do was appologise

Lani Hagaman says all Andrew Little had to do was appologise

By Rebecca Howard April 4 (BusinessDesk) - Lani Hagaman continued to assert that all she initially wanted from Labour Party leader Andrew Little was an apology on the second day of defamation proceedings brought against Little by Hagaman and her husband Earl.  The Hagamans ...

Rebecca Howard 04 Apr 2017