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Freightways 1st-qtr profit rises 6.4%, putting it on track for annual earnings growth

Freightways 1st-qtr profit rises 6.4%, putting it on track for annual earnings growth

By Jonathan Underhill Oct. 26 (BusinessDesk) - Freightways said sales and profit rose in its first quarter, putting the courier and information management company on track for annual earnings growth. Net profit was $15.1 million excluding certain items in the three months e...

Jonathan Underhill 25 Oct 2017
ANZ New Zealand boosts FY earnings 21% as costs fall on smaller workforce; bad debts decline

ANZ New Zealand boosts FY earnings 21% as costs fall on smaller workforce; bad debts decline

By Paul McBeth Oct. 26 (BusinessDesk) - ANZ New Zealand, the local unit of Australia & New Zealand Banking Group, boosted annual earnings 21 percent as the country's biggest lender cut costs by shrinking its workforce and bad credit charges fell as concerns about the rural sec...

Paul McBeth 25 Oct 2017
NZ's responsible investment conundrum spurs invite to NY conference

NZ's responsible investment conundrum spurs invite to NY conference

By Paul McBeth Oct. 26 (BusinessDesk) - The rapid shift by New Zealand fund managers to back responsible investment last year attracted international interest and an invite to an exclusive conference in New York for Kiwi Wealth chief investment officer Simon O'Grady.  A num...

Paul McBeth 25 Oct 2017
Fliway board backs $55.4M takeover by Singapore's Yang Kee Logistics

Fliway board backs $55.4M takeover by Singapore's Yang Kee Logistics

Paul McBeth 25 Oct 2017
China's Yili eyes another $200M investment as NZ dairy operations pick up steam

China's Yili eyes another $200M investment as NZ dairy operations pick up steam

Rebecca Howard 25 Oct 2017
AWF Madison first-half profit falls 13% on weaker demand for construction workers

AWF Madison first-half profit falls 13% on weaker demand for construction workers

Jonathan Underhill 25 Oct 2017
NZ dollar falls to 18-month low on TWI basis as government policy in focus

NZ dollar falls to 18-month low on TWI basis as government policy in focus

Jonathan Underhill 25 Oct 2017
While you were sleeping: Boeing sends Dow lower

While you were sleeping: Boeing sends Dow lower

Margreet Dietz 25 Oct 2017
Smiths City puts off capital return until next year as tight trading leads to earnings downgrade

Smiths City puts off capital return until next year as tight trading leads to earnings downgrade

Paul McBeth 25 Oct 2017
MARKET CLOSE: NZ shares break winning streak on Fletcher downgrade, Comvita, A2 gain

MARKET CLOSE: NZ shares break winning streak on Fletcher downgrade, Comvita, A2 gain

Sophie Boot 25 Oct 2017
NZ dollar falls on political jitters, Aussie CPI

NZ dollar falls on political jitters, Aussie CPI

Rebecca Howard 25 Oct 2017
Business wants fair pay too, says Ardern

Business wants fair pay too, says Ardern

Pattrick Smellie 25 Oct 2017
National Party loses copyright battle with Eminem, must pay $600k

National Party loses copyright battle with Eminem, must pay $600k

Sophie Boot 25 Oct 2017
TeamTalk chief Andrew Miller backs reinvestment to generate sustainable dividends

TeamTalk chief Andrew Miller backs reinvestment to generate sustainable dividends

Paul McBeth 25 Oct 2017
David Parker emerges as pivotal minister in new Cabinet

David Parker emerges as pivotal minister in new Cabinet

Pattrick Smellie 25 Oct 2017
Skellerup says first quarter earnings up 10%, expects improvement in 2018

Skellerup says first quarter earnings up 10%, expects improvement in 2018

Sophie Boot 25 Oct 2017
Infratil's NZ Bus completes Auckland deal, still expects business to shrink

Infratil's NZ Bus completes Auckland deal, still expects business to shrink

Sophie Boot 24 Oct 2017
OG Oil & Gas extends takeover offer for NZ Oil & Gas by a month

OG Oil & Gas extends takeover offer for NZ Oil & Gas by a month

Rebecca Howard 24 Oct 2017
Apple snaps up wireless power developer PowerbyProxi for undisclosed sum

Apple snaps up wireless power developer PowerbyProxi for undisclosed sum

Rebecca Howard 24 Oct 2017
New employment law just a start, CTU head Richard Wagstaff says

New employment law just a start, CTU head Richard Wagstaff says

Paul McBeth 24 Oct 2017
UPDATE: Norris offers apology as Fletcher Building forecasts 2018 B+I loss of $160M, further provisions

UPDATE: Norris offers apology as Fletcher Building forecasts 2018 B+I loss of $160M, further provisions

Jonathan Underhill 24 Oct 2017
PGG Wrightson appoints Ian Glasson as new chief executive

PGG Wrightson appoints Ian Glasson as new chief executive

Paul McBeth 24 Oct 2017
NZ dollar drops to new 5-month low as policy uncertainty weighs on investors

NZ dollar drops to new 5-month low as policy uncertainty weighs on investors

Paul McBeth 24 Oct 2017
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