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Seeka upgrades FY guidance to within 5% of 2016 operating profit
By Sophie Boot Nov. 22 (BusinessDesk) - Seeka, the biggest kiwifruit grower in Australasia, has lifted its annual operating earnings guidance after improved performance across most of its businesses. In June, the company gave guidance for a 15 percent drop in operating prof...
Scott Technology outbid overseas buyer in DC Ross deal
By Rebecca Howard Nov. 22 (BusinessDesk) - Scott Technology outbid an overseas buyer when it bought Dunedin-based engineering firm DC Ross out of receivership, a six-monthly report from the receivers shows. DC Ross, which supplies precision metal formed parts, was tipped in...
Energy Mad settlement date pushed back to February
By Rebecca Howard Nov. 22 (BusinessDesk) - The settlement date to sell Energy Mad, the energy efficient light bulb maker and marketer, to Ecobulb has been delayed until February next year to give it time to meet the necessary conditions, the chairman said. The sale is subje...
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