All News

Comvita sees annual earnings lift of up to 32%, bemoans bigger half-year split
By Paul McBeth Sept. 24 (BusinessDesk) - Comvita, which produces health products derived from manuka honey, sees annual earnings growth of up to 32 percent, while bemoaning a growing imbalance between the first and second halves of the year. The Te Puke-based company expect...

Nuplex shares jump 7.6% on confirmation it's in talks to sell two ANZ businesses
By Tina Morrison Sept. 24 (BusinessDesk) - Shares in Nuplex Industries jumped 7.6 percent, making the stock the best performer on the benchmark NZX 50 Index today, after the chemicals manufacturer confirmed it's in talks to sell two of its Australasian-based businesses to CHAM...

Chorus to ask shareholders to lift directors' fee pool 12% to beef up board
By Paul McBeth Sept. 24 (BusinessDesk) - Chorus, the telecommunications network operator, will ask shareholders to hike the pool for directors' fees 12 percent if it needs to bolster its board as it tries to limit the impact of regulation on its revenue streams. Shareholder...