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Wynyard failure may halt lucrative relationship for Jade Software

Wynyard failure may halt lucrative relationship for Jade Software

By Paul McBeth Oct. 26 (BusinessDesk) - The collapse of Wynyard Group is likely to slash returns for former parent Jade Software, which had about six-and-a-half years left to run on a lucrative 10-year services contract with the intelligence software developer.  Christchurc...

Paul McBeth 26 Oct 2016
Comvita shares slump 11% as honey products maker tips 1H loss

Comvita shares slump 11% as honey products maker tips 1H loss

By Fiona Rotherham Oct. 26 (BusinessDesk) - Comvita shares dropped after the manuka honey and health products maker warned a first-half loss was on the cards, which chief executive Scott Coulter described as a “blip”. The company today told shareholders at its annual meetin...

Paul McBeth 26 Oct 2016
MARKET CLOSE: NZ shares fall, led lower by Comvita, A2 Milk, SkyCity

MARKET CLOSE: NZ shares fall, led lower by Comvita, A2 Milk, SkyCity

By Sophie Boot Oct. 26 (BusinessDesk) - New Zealand shares fell, following the Australian market lower as Comvita suffered from weaker sales, while A2 Milk Co and SkyCity Entertainment Group dropped. The S&P/NZX 50 Index fell 106.67 points, or 1.5 percent, to 6,896.2. Withi...

Sophie Boot 26 Oct 2016