All News
MARKET CLOSE: NZ shares gain on hunt for yield; Meridian, MRP rise
By Suze Metherell Nov. 19 (BusinessDesk) - New Zealand shares rose, paced by Meridian Energy and MightyRiverPower, as investors chased stocks with relatively attractive yields. Fonterra Shareholders' Fund gained after dairy prices fell. The NZX 50 Index rose 17.028 points,...
SeaDragon reports $574,000 half-year loss due to raw material constraints
Nov. 19 (BusinessDesk) - SeaDragon, which manufactures fish oil for health supplements, has reported a $574,000 half-year loss, 362 percent down on the same period last year after difficulties securing raw material saw its factory underused. The Nelson-based company reported s...
Sanford lifts profit despite "challenging year" as deepwater, aquaculture pays off
By Suze Metherell Nov. 19 (BusinessDesk) - Sanford, New Zealand's largest listed fishing group, lifted annual profit 10 percent as gains in its deepwater fishing and aquaculture operations offset falling skipjack tuna prices. Tax-paid profit before minority interests rose t...
Prev
