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Hallenstein Glasson sales up on last year, margins improve, chairman Bell says
By Paul McBeth Dec. 10 (BusinessDesk) - Hallenstein Glasson, the clothing chain, said sales are tracking above last year after four months of trading and margins have improved, though the Christmas sales period remains critical, chairman Warren Bell says. The Auckland-based...
NZ govt deficit bigger than expected as Solid Energy indemnity weighs
By Paul McBeth Dec. 10 (BusinessDesk) - The New Zealand government's operating deficit was wider than expected in pre-election forecasts as income tax lagged forecast and an indemnity for financially stricken coal miner Solid Energy weighed on the expense line. The operatin...
T&G spends $25.8 million on two tomato growers
By Suze Metherell Dec. 10 (BusinessDesk) - Turners & Growers, the fruit marketer majority owned by Germany's BayWa, bought two New Zealand tomato farms for $25.8 million to bolster its supply. The Auckland-based company spent $17.3 million for Bay of Plenty grower Great Lak...
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