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Tenon turns profitable on EBITDA basis as US housing recovers, aims to double earnings in 2014
Aug. 28 (BusinessDesk) - Tenon, the wood mouldings company controlled by former Fletcher Challenge unit Rubicon, returned to profit on an earnings before interest, tax, depreciation and amortisation basis as the US housing market regathered momentum, and wants to more than doubl...
Abano seeks $18.5 mln in share purchase plan, placement to institutions at 8.6 percent discount
Aug. 28 (BusinessDesk) - Abano Healthcare, the specialist health clinic investor facing a potential takeover tilt, wants to raise up to $18.5 million at an 8.6 percent discount in a share purchase plan and placement to institutions and eligible investors. The Auckland-based co...
MPI to release first report on Fonterra food scare today, Groser says
By Paul McBeth Aug. 28 (BusinessDesk) - The Ministry for Primary Industries will release its first report into the Fonterra Cooperative Group food scare later today as government officials and the dairy exporter undertake several investigations to get to the bottom of the conta...
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