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UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain
(Updates with share price, investor comment) By Suze Metherell Nov. 21 (BusinessDesk) - Metro Performance Glass, which has more than half of New Zealand's glass processing market, is on track to meet full-year prospectus forecasts as it benefits from a building boom in Auck...
Arvida Group raises $75 million in IPO
By Fiona Rotherham Nov. 21 (BusinessDesk) - Arvida Group, the new retirement village operator, has raised the full $75 million sought through an initial public offering following strong demand from New Zealand and Australian institutions and listed companies. A further $5 m...
Warehouse affirms forecast for higher 2015 profit even amid softer trading
By Tina Morrison Nov. 21 (BusinessDesk) - Warehouse Group, New Zealand's largest listed retailer, affirmed its expectation for a rise in annual earnings even as sales lag behind forecast heading into the key Christmas trading period. "As the group's earnings are significant...
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