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Fonterra farmers cheer payouts as dividends held unchanged, headwinds loom
By Jonathan Underhill Sept. 25 (BusinessDesk) – Fonterra Cooperative Group is promising a record payout to its farmers next year, while keeping dividends unchanged, underlining the competing needs of its suppliers and the investors in its exchange-traded units. Fonterra Shareh...
NZ dollar falls on weak trade figures, bad apple export ban
By Paul McBeth Sept. 25 (BusinessDesk) - The New Zealand dollar extended its decline in local trading after government figures showed the biggest monthly trade deficit in almost five years, and after rotten apple exports into China became the latest unsanitary food consignment t...
Kathmandu shares rise to all-time high as analysts upgrade estimates after record annual profit
By Tina Morrison Sept. 25 (BusinessDesk) – Kathmandu Holdings rose to an all-time high as analysts upgraded estimates following the outdoor equipment and clothing retailer record full-year earnings and bullish outlook statement. Shares in Kathmandu touched a record $3.40, and w...
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