Aotearoa Fisheries posts smaller FY earnings as Sealord profit drops, trims dividend
By Sophie Boot Dec. 23 (BusinessDesk) - Aotearoa Fisheries, which manages more than $530 million of fisheries assets for its iwi shareholders, reported a 27 percent decline in annual profit on reduced earnings from its half-stake in Sealord Group. Net profit fell to $16 mi...
MARKET CLOSE: NZ shares rise as blue-chips Spark, Fletcher recover; top performers A2, NZX fall
By Sophie Boot Dec. 22 (BusinessDesk) - New Zealand shares rose as blue-chip stocks Spark New Zealand and Fletcher Building bounced back from recent dips, while the month's stronger performers, A2 Milk Co and NZX, gave up some of their gains. The S&P/NZX 50 Index rose 27.1...
Pushpay shrugs off 22% drop in share price after NZX says 'please explain'
By Sophie Boot Dec. 22 (BusinessDesk) - Pushpay Holdings says it has no material information to declare to the market, in response to a 'please explain' notice from the NZX over a 22 percent slump in the share price. The stock market operator queried the movement in Pushpay...
Vista renegotiates sale agreement with VCL, increases deferred consideration
By Sophie Boot Dec. 22 (BusinessDesk) - Vista Group International, the cinema software and analytics firm, has renegotiated its agreement with Virtual Concepts (VCL) and increased its deferred consideration payment by up to $900,000. Vista bought the remaining 43 percent st...
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