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Opus International lifts first-half profit as NZ gains offset rest-of-world losses

Opus International lifts first-half profit as NZ gains offset rest-of-world losses

By Jonathan Underhill Aug. 14 (BusinessDesk) - Opus International Consultants, whose shares soared today on a takeover offer at an 87 percent premium, posted an improved first-half profit as a gain in Australia and New Zealand made up for losses in other regions. Adjusted n...

MARKET CLOSE: NZ shares rise, led by Contact on earnings outlook; Heartland, Opus gain; Freightways falls

MARKET CLOSE: NZ shares rise, led by Contact on earnings outlook; Heartland, Opus gain; Freightways falls

By Sophie Boot Aug. 14 (BusinessDesk) - New Zealand shares gained as Contact Energy and Heartland Bank rose on positive earnings, while Freightways dropped on concern over margin pressure. Opus International Consultants soared on the prospect of a takeover.  The S&P/NZX50 I...

Sophie Boot 14 Aug 2017
NZ dollar barely budges as all eyes focus on North Korea

NZ dollar barely budges as all eyes focus on North Korea

By Rebecca Howard Aug. 14 (BusinessDesk) - The New Zealand dollar barely budged from where it started the day after a brief lift following strong retail sales was short-lived as attention remained focused on events surrounding North Korea.  The kiwi rose as high as 73.31 af...

Rebecca Howard 14 Aug 2017