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Air NZ keeps balance sheet plump, holds back on dividends as fleet renewal looms

Air NZ keeps balance sheet plump, holds back on dividends as fleet renewal looms

By Jonathan Underhill Aug. 30 (BusinessDesk) - Air New Zealand opted to limit dividend payments in its latest year, even as it generated record operating cashflow, piled up cash on its balance sheet and pushed gearing below its target range as a buffer against fleet renewal and...

30 Aug 2013
CORRECT Shane Gannon returns to building sector after 2 years as Goodman Fielder CFO

CORRECT Shane Gannon returns to building sector after 2 years as Goodman Fielder CFO

(Corrects third paragraph to show profit in latest year) Aug. 30 (BusinessDesk) – Goodman Fielder chief financial officer Shane Gannon has resigned, after helping steer Australasia’s biggest food maker back to profit, returning to the building industry as CFO in an overhauled ex...

30 Aug 2013
Tainui 'inland port' proposal to be fast-tracked through board of inquiry

Tainui 'inland port' proposal to be fast-tracked through board of inquiry

Aug. 30 (BusinessDesk) - The government has agreed to fast-track resource consent applications by the joint venture between Tainui Group Holdings and Chedworth Properties to construct a $3.3 billion inland transport hub on land at Ruakura, on the outskirts of Hamilton. Environme...

30 Aug 2013
Postie Plus says it expects significant loss in 2013 earnings as full-year sales fall 10.5 percent

Postie Plus says it expects significant loss in 2013 earnings as full-year sales fall 10.5 percent

29 Aug 2013
Shane Gannon returns to building sector after 2 years as Goodman Fielder CFO

Shane Gannon returns to building sector after 2 years as Goodman Fielder CFO

29 Aug 2013
NZ building consents slip 0.8 percent in July as dwindling demand for apartments saps intentions

NZ building consents slip 0.8 percent in July as dwindling demand for apartments saps intentions

29 Aug 2013
Diligent misses filing date for first-half earnings, shares drop to 9-month low

Diligent misses filing date for first-half earnings, shares drop to 9-month low

29 Aug 2013
Break-even a decade away for KiwiRail making up for years of neglect, Quinn says

Break-even a decade away for KiwiRail making up for years of neglect, Quinn says

29 Aug 2013
Xero a fifth of the way to its 1 million customer target

Xero a fifth of the way to its 1 million customer target

29 Aug 2013
GuocoLeisure FY profit falls 43 percent on smaller Bass Strait royalty, more tax

GuocoLeisure FY profit falls 43 percent on smaller Bass Strait royalty, more tax

29 Aug 2013
Allied Farmers narrows FY loss as ex-Hanover asset sales near end, equity deficit widens

Allied Farmers narrows FY loss as ex-Hanover asset sales near end, equity deficit widens

29 Aug 2013
Ports of Auckland returns to profit, squeezing more revenue from small volume gains

Ports of Auckland returns to profit, squeezing more revenue from small volume gains

29 Aug 2013
CORRECT A2 FY profit slips on cost of setting up UK joint venture, sales jump 51 percent as Australia shines

CORRECT A2 FY profit slips on cost of setting up UK joint venture, sales jump 51 percent as Australia shines

29 Aug 2013
NZ dollar weakens as stronger US data signals Federal Reserve may start tapering in September

NZ dollar weakens as stronger US data signals Federal Reserve may start tapering in September

29 Aug 2013
While you were sleeping US growth excels

While you were sleeping US growth excels

29 Aug 2013
MARKET CLOSE NZ shares gain; Air NZ, A2 up after earnings, Fonterra rises

MARKET CLOSE NZ shares gain; Air NZ, A2 up after earnings, Fonterra rises

29 Aug 2013
NZ Shareholders Association to vote against reelection of Rakon chair, director

NZ Shareholders Association to vote against reelection of Rakon chair, director

29 Aug 2013
Maari field shut early for major upgrade

Maari field shut early for major upgrade

29 Aug 2013
NZ dollar gains as emerging markets recover; Syrian intervention, month-end loom

NZ dollar gains as emerging markets recover; Syrian intervention, month-end loom

29 Aug 2013
Lyttelton Port annual earnings near bottom of guidance, dividends return in 2014

Lyttelton Port annual earnings near bottom of guidance, dividends return in 2014

29 Aug 2013
Hellaby FY profit falls 5.8 percent , meets guidance; Contract helps lift sales

Hellaby FY profit falls 5.8 percent , meets guidance; Contract helps lift sales

29 Aug 2013
A2 shares touch record-high as investors buy into growth story

A2 shares touch record-high as investors buy into growth story

29 Aug 2013
RESEND Pyne Gould annual profit beats forecast by 48 percent on asset sales, Torchlight returns

RESEND Pyne Gould annual profit beats forecast by 48 percent on asset sales, Torchlight returns

29 Aug 2013
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