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Freightways shareholders scrutinise 7.5% rise in directors fees; trading update shows solid growth

Freightways shareholders scrutinise 7.5% rise in directors fees; trading update shows solid growth

By Fiona Rotherham Oct. 29 (BusinessDesk) - A 7.5 percent increase in directors' fees came under scrutiny by Freightways shareholders today – a trend evidenced at other annual general meetings this year - as the company gave a first-quarter trading update showing profit rose 1...

Fiona Rotherham 28 Oct 2015
Turners builds MTF stake to 7.6%, still in talks with some shareholders

Turners builds MTF stake to 7.6%, still in talks with some shareholders

By Paul McBeth Oct. 29 (BusinessDesk) - Turners, the company formerly known as Dorchester Pacific, has built up a 7.6 percent stake in Motor Trade Finances and is in talks with other shareholders after its offer to buy up to a fifth of the auto-lender closed earlier this month...

Paul McBeth 28 Oct 2015
RBNZ's 'watch and wait' language boosts kiwi dollar despite warning on gains

RBNZ's 'watch and wait' language boosts kiwi dollar despite warning on gains

By Paul McBeth Oct. 29 (BusinessDesk) - The New Zealand dollar rebounded after the Reserve Bank left interest rates on hold and warned the currency's recent appreciation may keep rates low, as traders took Governor Graeme Wheeler's "watch and wait" language as a sign an immedi...

Paul McBeth 28 Oct 2015