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No seller’s regret for Spark CEO in Lightbox exit
New Zealand only has room for one general entertainment streaming service, and Spark wasn’t the natural owner, according to chief executive Jolie Hodson.The country’s biggest telecommunications company sold Lightbox to Sky Network Television for $6 million-plus the fair value of...
ANALYSIS: Fletcher shares jump 4.4% after poor result
At first glance, Fletcher Building's first-half results were awful and even worse than analysts had been expecting.But the market took heart from the company maintaining its guidance for the full-year results and from its explanations for why the second-half result should be even...
Vital Healthcare's first-half profit climbs 22.2%
Vital Healthcare Property Trust's manager said first-half net profit rose 22.2 percent and normalised distributable income was up 14.6 percent as the value of its properties increased, rents rose and interest costs fell. Vital's net profit for the six months ended December ros...
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