All News
PGG Wrightson says annual profit rose about 20%; shares gain
By Paul McBeth Aug. 1 (BusinessDesk) - PGG Wrightson shares gained 4.5 percent after it said full-year profit rose about 20 percent and operating earnings beat guidance, which had already been upgraded on the strength of the horticulture and beef sectors. The Christchurch-...
All Valleygirl and TEMT fashion stores close, bar Queen Street
By Edwin Mitson Aug. 1 (BusinessDesk) - The receivers appointed to the Valleygirl and TEMT fashion stores in New Zealand have closed all bar one store, on Queen Street in Auckland. The chain previously had 31 stores across the country, with around 160 workers. It went into...
Positive cashflow for dairy farmers 'unlikely' until 2018: ANZ
By Edwin Mitson Aug. 1 (BusinessDesk) - ANZ Bank New Zealand, the country's bigger lender, has warned dairy farmers are unlikely to see positive cashflow for another 18 months. In analysis published shortly after Fonterra Cooperative Group confirmed its milk price forecast...
Prev
