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FIRST TAKE: Meridian Energy reports flat earnings for FY17, explores Europe for Powershop
By Pattrick Smellie Aug. 24 (BusinessDesk) - Meridian Energy reported flat earnings for the year to June 30, reflecting a strong first-half performance offset by dry conditions in the South Island that limited its ability to generate electricity from its southern hydro dams....
Vista lifts 1H profit, expects 20% plus growth in annual earnings
By Sophie Boot Aug. 24 (BusinessDesk) - Vista Group International lifted first-half profit by 34 percent as recurring revenue rose and the cinema software firm continued with its international expansion. Net profit rose to $3.6 million in the six months ended June 30, from...
NZ dollar falls to two-month low after fiscal update shows weaker growth
By Jonathan Underhill Aug. 24 (BusinessDesk) - The New Zealand dollar fell, touching a two-month low, after the pre-election fiscal showed weaker economic growth and smaller Budget surpluses. The kiwi declined to 72.25 US cents as at 8am in Wellington and earlier dropped as...
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