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UPDATE Fonterra chief heads to China amid botulism scare

UPDATE Fonterra chief heads to China amid botulism scare

By Pattrick Smellie Aug 3 (BusinessDesk) - Fonterra chief executive Theo Spierings is heading from Europe to China this weekend for meetings with manufacturers who have used contaminated whey powder supplied by the New Zealand dairy giant for use in infant formula and other pro...

02 Aug 2013
Fonterra finds bug linked to botulism in infant formula ingredient

Fonterra finds bug linked to botulism in infant formula ingredient

Aug 3 (BusinessDesk) – New Zealand dairy products giant Fonterra faces another food purity scare after advising eight customers it has found a strain of chlostridium, linked to the deadly disease botulism, in three batches whey protein concentrate used in products including infan...

02 Aug 2013
First NZ raises target price on Methven on earnings growth from Chinese acquisition

First NZ raises target price on Methven on earnings growth from Chinese acquisition

By Tina Morrison Aug 2 (BusinessDesk) – First NZ Capital raised its target price on Methven after the tapware maker agreed to buy its Chinese manufacturer Invention Sanitary. First NZ, which has an ‘outperform’ recommendation on the stock, raised its 12-month target price to $...

02 Aug 2013
MARKET CLOSE NZ shares rise; F and P Healthcare up on ResMed, Fletcher, Chorus gain

MARKET CLOSE NZ shares rise; F and P Healthcare up on ResMed, Fletcher, Chorus gain

02 Aug 2013
Bathurst plans to oppose Forest and Bird Court of Appeal application on Sullivan decision

Bathurst plans to oppose Forest and Bird Court of Appeal application on Sullivan decision

02 Aug 2013
NZ dollar heads for 2.4 percent weekly drop amid upbeat US economic data, jobs figures loom

NZ dollar heads for 2.4 percent weekly drop amid upbeat US economic data, jobs figures loom

02 Aug 2013
First NZ upgrades Fonterra recommendation to ‘outperform’, cites buying opportunity

First NZ upgrades Fonterra recommendation to ‘outperform’, cites buying opportunity

02 Aug 2013
Labour-Greens ‘nightmare’ power policy is 'bass-ackwards', says Wolak

Labour-Greens ‘nightmare’ power policy is 'bass-ackwards', says Wolak

02 Aug 2013
First NZ upgrades Briscoe to ‘neutral’, raises outlook for earnings on better sales

First NZ upgrades Briscoe to ‘neutral’, raises outlook for earnings on better sales

02 Aug 2013
Kiwi Income Property may need to sell assets or raise equity to exit management contract

Kiwi Income Property may need to sell assets or raise equity to exit management contract

02 Aug 2013
Chorus gets new $250 mln bank facility to push out debt maturity

Chorus gets new $250 mln bank facility to push out debt maturity

02 Aug 2013
Briscoe ‘very eager’ to make acquisitions, sees year-end cash up to $90M, Duke says

Briscoe ‘very eager’ to make acquisitions, sees year-end cash up to $90M, Duke says

02 Aug 2013
Frozen Hubbard funds’ administration, legal fees top $17 mln

Frozen Hubbard funds’ administration, legal fees top $17 mln

01 Aug 2013
Former Glassons boss Di Humphries seen as strong contender for top Pumpkin Patch job

Former Glassons boss Di Humphries seen as strong contender for top Pumpkin Patch job

01 Aug 2013
NZ dollar weakens as signs of improvement in US economy signals pull back in stimulus

NZ dollar weakens as signs of improvement in US economy signals pull back in stimulus

01 Aug 2013
While you were sleeping Stocks hit records

While you were sleeping Stocks hit records

01 Aug 2013
CORRECT NZAX's Mykris reports strong earnings, dividends in first year of listing

CORRECT NZAX's Mykris reports strong earnings, dividends in first year of listing

01 Aug 2013
MARKET CLOSE NZ shares mixed as Australia weighs; Ebos falls, Fletcher gains

MARKET CLOSE NZ shares mixed as Australia weighs; Ebos falls, Fletcher gains

01 Aug 2013
NZ dollar slips as Fed holds fire on tapering; hits new high vs. Australian dollar

NZ dollar slips as Fed holds fire on tapering; hits new high vs. Australian dollar

01 Aug 2013
NZ officials fluffed timing of changes to export certificates, stalled meat in China

NZ officials fluffed timing of changes to export certificates, stalled meat in China

01 Aug 2013
Xero adds another 36k customers since March, sees 80 percent lift in 2014 sales, wider loss

Xero adds another 36k customers since March, sees 80 percent lift in 2014 sales, wider loss

01 Aug 2013
RBNZ plan to restrict low equity mortgages will help property investors, maintain rising prices

RBNZ plan to restrict low equity mortgages will help property investors, maintain rising prices

01 Aug 2013
Gould Steele and Co gives up NZX participant status to cut compliance duplication

Gould Steele and Co gives up NZX participant status to cut compliance duplication

01 Aug 2013
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