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NZ business confidence stays near eight-year low as economic tailwinds slow
By Rebecca Howard Dec. 19 (BusinessDesk) - New Zealand's business confidence continued to hover around an eight-year low in December as the tailwinds provided by an overheated housing market and record levels of migration slow down. A net 38 percent of businesses were pess...
Summerset lifts full-year guidance as resales, new sales stay strong
By Rebecca Howard Dec. 19 (BusinessDesk) - Summerset Group lifted full-year earnings guidance on strong resales volumes and margins as well as good margins on new occupation right sales. The Wellington-based retirement village developer and operator expects underlying profi...
IkeGPS shares climb 19% on contract news, sales guidance
By Sophie Boot Dec. 19 (BusinessDesk) - IkeGPS shares jumped 19 percent after the company announced a $200,000 contract with Canada’s largest communications company and said it might exceed previous sales guidance. The contract with Bell Canada involves the laser measuremen...
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