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Contact posts little changed full-year earnings, beginnings of retail turnaround
By Pattrick Smellie Aug. 15 (BusinessDesk) - Contact Energy, the electricity and gas provider, posted little-changed full-year operating earnings amid signs that electricity demand is starting to grow after a long period of decline and that its investment in technology to gain...
Summerset lifts first-half earnings 44%, beating estimates, on record 2nd-quarter sales
By Paul McBeth Aug. 15 (BusinessDesk) - Summerset Group, the retirement village operator and developer, lifted first-half earnings 44 percent, beating expectations, and will pay a larger dividend than anticipated after enjoying a record second quarter of unit sales. Underly...
NZ dollar little changed as traders await more evidence of pace of economic growth
The New Zealand dollar was little changed, having briefly rallied on Friday in the US on weaker-than-expected US retail sales, as traders await more economic data in the domestic economy that would give a clue to the track of interest rates. The kiwi dollar traded at 71.86 US ...
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