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Port of Tauranga, 'bluest of NZ blue chips' achieves record volumes, earns 'sell' rating
By Jonathan Underhill Aug. 25 (BusinessDesk) - Port of Tauranga has transformed itself into Australasia's most efficient port and broken records for cargo volumes but analysts struggle to put a 'buy' recommendation on its shares. New Zealand's biggest port company today pos...
New NPT board plans to keep annual dividend steady at 3.6 cents per share
By Rebecca Howard Aug. 25 (BusinessDesk) - NPT's newly installed board confirmed plans to keep the property investor's dividend unchanged this financial year as it works through changes at the company. "The board has undertaken a thorough review of the FY18 business plan an...
NZ wool market improves at weekly auction on increased Chinese buying
By Tina Morrison Aug. 25 (BusinessDesk) - New Zealand wool prices and sale clearance rates continued to improve at the latest weekly auction, as buying interest picked up from China, the largest buyer of the fibre. Some 91 percent of the 7,241 wool bales offered at yesterda...
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