Internet service firms hard to contact and difficult to swap, Consumer NZ says
By Sophie Boot Feb. 3 (BusinessDesk) - Big telecommunications retailers Vodafone New Zealand and Spark New Zealand rub their internet customers up the wrong way by being difficult to contact, but people stick with them all the same as it's too hard to compare services, accordi...
Briscoe forecasts 18% profit lift in full-year profit as 4th-qtr sales rise
By Sophie Boot Feb. 3 (BusinessDesk) - Briscoe Group, whose hostile takeover of Kathmandu Holdings was spurned in 2015, expects to report a record full-year profit of $46.5 million, up from 2015's $39.3 million. Managing director Rod Duke said the company expected the recor...
MARKET CLOSE: NZ shares rise, led by Fletcher on Higgins buy; Summerset gains, MRP, Nuplex drop
By Sophie Boot Feb. 2 (BusinessDesk) - New Zealand shares rose, led by Fletcher Building after the country's biggest construction company bought a roading firm. Summerset Group gained while Mighty River Power and Nuplex Industries dropped. The S&P/NZX 50 Index rose 5.6 poin...
MARKET CLOSE: NZ shares rise, led by Kathmandu on sales growth; A2, Genesis fall
By Sophie Boot Feb. 1 (BusinessDesk) - New Zealand shares rose, led by Kathmandu Holdings after the retailer reported stronger first-half sales on improved margins. Australia & New Zealand Banking Group advanced, while A2 Milk Co and Genesis Energy dropped. The S&P/NZX 50 I...
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