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Cavalier shares tumble to more than 20 year low, as wool trade woes continue
By Suze Metherell Nov. 11 (BusinessDesk) - Shares of Cavalier Corp fell to the lowest in more than two decades as the carpet maker fails to lift earnings in a competitive market against cheaper overseas imports as high wool prices crimp margins. Late last month the Auckland...
Cawthron Institute signs up global partner to sell valuable marine biotoxins used in shellfish testing
By Fiona Rotherham Nov. 11 (BusinessDesk) - Unique marine biotoxins valued at over $100,000 per teaspoonful will be supplied to laboratories worldwide in a global distribution deal between Cawthron Institute and international analytical and chemical company Sigma-Aldrich Corp....
UPDATE: Infratil plans $120M return to shareholders; shares gain
(Adds investor comment, updates shares) By Tina Morrison Nov. 11 (BusinessDesk) - Infratil shares rose to the highest in more than seven years after the infrastructure investor said it would return $120 million to investors via a special dividend and share buyback. The c...
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