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CORRECT: Carbon farmer sues MRP over $34.7 million in ETS credits row
(corrects byline) By Fiona Rotherham Nov. 25 (BusinessDesk) - New Zealand Carbon Farming, the country’s largest supplier of post-1989 bulk carbon credits, is suing Mighty River Power for $34.7 million over liability for carbon credits the listed energy company was contracte...
Abano forecasts 40% jump in first-half profit as sales grow
Nov. 25 (BusinessDesk) - Abano Healthcare, the listed healthcare investor, said first-half profit may rise 40 percent even in the face of a weak Australian dollar and tepid economic growth across the Tasman. Net profit will be in a range of $3.2 million to $3.7 million in the...
Cavalier chair Alan James defends management, board to shareholders
By Suze Metherell Nov. 25 (BusinessDesk) - Cavalier Corp chairman Alan James has defended his two-decade tenure as head of the carpet maker's board as shareholders questioned it poor financial performance, suspension of dividends and the 62 percent drop in its share price sinc...
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