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NZ Sugar Company boosts profits on higher exports and lower costs from Chelsea factory

NZ Sugar Company boosts profits on higher exports and lower costs from Chelsea factory

By Tina Morrison May 24 (BusinessDesk) – New Zealand Sugar Company, which operates the iconic pink Chelsea Sugar refinery on Auckland’s Waitemata Harbour, boosted profit last year as it benefitted from higher exports and lower costs. The company’s profit rose 15.7 percent to $2...

24 May 2013
Greymouth shucks off disaffected shareholder

Greymouth shucks off disaffected shareholder

Pattrick Smellie May 24 (BusinessDesk) - Minnow oil and gas player Greymouth Petroleum is preparing to welcome a new 14 percent shareholder on its share register after winning a High Court action brought by the company's former chief operating officer, John Sturgess. Sturgess w...

24 May 2013
Lance Wiggs's Punakaiki Fund mulls $50 million IPO to invest in high-growth companies

Lance Wiggs's Punakaiki Fund mulls $50 million IPO to invest in high-growth companies

By Tina Morrison May 24 (BusinessDesk) – Punakaiki Fund plans to seek as much as $50 million in an initial public offering to invest in New Zealand internet, technology and design companies with high growth potential. Punakaiki expects to offer $20 million to $50 million of sha...

24 May 2013
Ecoya ekes out small annual profit as underlying earnings climb 26 percent

Ecoya ekes out small annual profit as underlying earnings climb 26 percent

24 May 2013
Snakk raises $6.5M in over-subscribed share purchase plan, private placement

Snakk raises $6.5M in over-subscribed share purchase plan, private placement

24 May 2013
SFO charges seven people over mortgage fraud

SFO charges seven people over mortgage fraud

24 May 2013
NZ trade surplus misses expectations amid flood of imported petroleum

NZ trade surplus misses expectations amid flood of imported petroleum

23 May 2013
NZ dollar bounces back from lows as Bernanke overreaction mulled

NZ dollar bounces back from lows as Bernanke overreaction mulled

23 May 2013
While you were sleeping Cautious calm returns

While you were sleeping Cautious calm returns

23 May 2013
Dominion Finance’s Cropp jailed for 2 years 7 months

Dominion Finance’s Cropp jailed for 2 years 7 months

23 May 2013
MARKET CLOSE NZ shares fall as US, China in focus; GPG, WBC, NZOG drop

MARKET CLOSE NZ shares fall as US, China in focus; GPG, WBC, NZOG drop

23 May 2013
NZ dollar falls to 8-month low after Chinese manufacturing contracts, Bernanke says watch the data

NZ dollar falls to 8-month low after Chinese manufacturing contracts, Bernanke says watch the data

23 May 2013
NZ meat cleared to move from across Chinese wharves, as ministry chided for mistake

NZ meat cleared to move from across Chinese wharves, as ministry chided for mistake

23 May 2013
Xero posts $14.4 mln FY loss, doubles revenue and paying customers

Xero posts $14.4 mln FY loss, doubles revenue and paying customers

23 May 2013
Veolia Transport, Auckland rail operator, almost doubles FY profit after inking new contract

Veolia Transport, Auckland rail operator, almost doubles FY profit after inking new contract

23 May 2013
F and P Healthcare shares jump to highest in more than 2 years on profit outlook

F and P Healthcare shares jump to highest in more than 2 years on profit outlook

23 May 2013
James Hardie makes no provision on NZ Education Ministry’s leaky school claim

James Hardie makes no provision on NZ Education Ministry’s leaky school claim

23 May 2013
Bathurst gets nod for DoC access to Denniston mine

Bathurst gets nod for DoC access to Denniston mine

23 May 2013
No savings this year for Rakon’s manufacturing shift to China, grand plan coming in July

No savings this year for Rakon’s manufacturing shift to China, grand plan coming in July

23 May 2013
Fronde mulls capital raising for Australian push as FY profit more than doubles

Fronde mulls capital raising for Australian push as FY profit more than doubles

23 May 2013
GPG pension headache puts brake on wind-down plan

GPG pension headache puts brake on wind-down plan

22 May 2013
F and P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 ½ year high

F and P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 ½ year high

22 May 2013
DNZ Property sells $60M of shares to institutions at 1.8 percent discount

DNZ Property sells $60M of shares to institutions at 1.8 percent discount

22 May 2013
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