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ERoad shares jump 10%, extending gain after strong quarterly US sales
By Sophie Boot July 7 (BusinessDesk) - ERoad shares have soared 31 percent since Wednesday, hitting a four-month high, as buying continued after the company posted positive quarterly sales earlier this week. On Wednesday, Auckland-based ERoad said it sold 1,321 contracted u...
Steel & Tube 2017 earnings will be up to 15% lower, company warns
By Sophie Boot July 7 (BusinessDesk) - Steel & Tube has issued a profit warning after a challenging second half and increased competition in the market. The company had previously said full-year earnings before interest and tax (ebit) in 2017 would be consistent with 2016,...
Summerset quarterly sales drop 18% from record a year earlier
By Paul McBeth July 7 (BusinessDesk) - Summerset Group posted an 18 percent drop in second-quarter sales from a record year-earlier period although the retirement village operator and developer says its building programme is set to deliver more units later in the year. Wel...
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