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TeamTalk puts off CityLink fibre capex in Powerco, Wgtn Cable Car deals
By Paul McBeth May 12 (BusinessDesk) - TeamTalk expects to have more cash on hand after reaching two deals to slim down and put off major capital spending on its CityLink fibre network. The Wellington-based telecommunications company has signed agreements with lines compan...

Warehouse posts 1.7% gain in third-quarter sales, retains annual profit forecast
By Tina Morrison May 12 (BusinessDesk) - Warehouse Group, the country's second-biggest listed retailer, posted a slower rate of sales growth in the third quarter as it made changes to its business. Still, the company affirmed it's on track to meet its forecast annual profit....

AFT's Maxigesic tablet sales more than triple in 2017
By Paul McBeth May 12 (BusinessDesk) - AFT Pharmaceuticals more than tripled sales of its flagship Maxigesic tablet in the 2017 financial year and anticipates more growth as it taps new markets. The Auckland-based drug maker sold 74 million tablets in the year ended March...