UPDATE: Rifa offer for Airwork near top of Grant Samuel's assessed range, board recommends
(Adds board recommendation, comment) By Sophie Boot Dec. 21 (BusinessDesk) - Zhejiang Rifa Holding Group's partial takeover offer for Airwork Holdings is near the top of independent adviser Grant Samuel's assessed value range for the shares. Earlier this month, the Chine...
NZ migration, tourism set new records in November, extending boom year
By Sophie Boot Dec. 21 (BusinessDesk) - New Zealand's booming migration and tourism set new records in November, with arrivals continuing to increase and departures steadily lower. Annual net migration reached 70,400 in November, setting a new record, driven by more migrant...
MARKET CLOSE: NZ shares rise led by Tegel, Vector while Warehouse, A2 drop
By Sophie Boot Dec. 20 (BusinessDesk) - New Zealand shares rose as Tegel Group Holdings continued its rebound from last week's record low while Warehouse Group dropped after weaker earnings guidance. The S&P/NZX 50 Index gained 3.41 points, or 0.05 percent, to 6,789.66. Wit...
UPDATE: Warehouse shares drop 8% on 1H profit warning
By Rebecca Howard Warehouse Group shares dropped 8 percent to $2.87 after New Zealand’s largest publicly listed retailer said profit may fall between 10-and-15 percent in the first half of its financial year on a weaker-than-expected run up to Christmas. "We were a little...
Prev
