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Scales Corp forecasts 2017 earnings at upper end of guidance, sees improvement in 2018
By Rebecca Howard Dec. 5 (BusinessDesk) - Scales Corp now expects full-year earnings to be at the upper end of guidance on the performance of its horticulture division and new acquisitions. Earnings will rise in 2018, it said. Earnings before interest, tax, depreciation and...
NZ building work ramps up in 3Q, residential activity at record high
By Sophie Boot Dec. 5 (BusinessDesk) - The value of New Zealand building work gained in the September quarter, as both non-residential and residential activity increased, after a relatively flat start to the year, says Statistics New Zealand. The seasonally adjusted value o...
Auckland house sales fall 20% in November, prices remain subdued
By Rebecca Howard Dec. 5 (BusinessDesk) - The number of house sales in Auckland fell 20 percent on the year in November and prices remained subdued as inventory levels continue to push higher. There were 757 sales in November versus 947 sales in the same month a year earli...