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Chorus BBB debt rating affirmed by S&P, outlook negative on reduced headroom
By Jonathan Underhill May. 23 (BusinessDesk) - Chorus's BBB credit rating was affirmed by Standard & Poor's with a negative outlook that reflects prospects for the network company's 'headroom' within financial covenants to shrink as it ramps up spending on the Ultra-Fast Broad...
UPDATE: Intueri climbs 16% in training group's NZX debut
(Updates with broker comment, refreshed share price) By Suze Metherell May 23 (BusinessDesk) – Intueri Education Group rose 16 percent in its NZX debut after owner Arowana International spun off the private training school operator about a year after its own listing on the...
Comvita annual profit rises 3.3% as honey price squeezes margin, sees more growth in 2015
By Paul McBeth May. 23 (BusinessDesk) - Comvita, which produces health products from manuka honey and olive leaves, lifted annual profit 3.3 percent as the rising cost of honey squeezed margins, and said revenue and earnings would grow in 2015. Net profit rose to $7.6 milli...
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