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Rangatira lifts stake in meat products firm Hellers to 62.5%
By Jonathan Underhill Nov. 24 (BusinessDesk) - Rangatira Investments, the Wellington-based investment group, increased its holding in Hellers after buying shares from the former managing director of the meat products maker. Rangatira lifted its holding to 62.5 percent from...

Tower posts loss on ballooning quake costs, hikes dividend as underlying earnings improve
By Paul McBeth Nov. 24 (BusinessDesk) - Tower, the general insurer, posted an annual loss as it prepares for more expensive claims from the Canterbury spate of earthquakes, but raised its dividend payout to reflect a stronger underlying earnings performance. The Auckland-b...

Cavalier expects annual earnings to rise following restructure
By Tina Morrison Nov. 24 (BusinessDesk) - Cavalier Corp expects annual earnings to rise this year as the New Zealand carpet maker restructures its business to boost profitability. Nor...