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CORRECT Chorus faces up to $10 mln earnings hit in 2014 from latest regulator pricing decision
(Corrects direction of price movement in first paragraph) By Paul McBeth April 24 (BusinessDesk) – Chorus, the telecommunications network operator, expects 2014 earnings will be as much as $10 million lower after the Commerce Commission pressed ahead with a decision to lower t...
FMA investigates whether banks breached financial markets laws on interest rate swaps to farmers
April 24 (BusinessDesk) – The Financial Markets Authority, New Zealand’s markets watchdog, is investigating whether the sales and marketing of interest rate swaps by major banks to rural customers may have breached financial markets laws. The FMA is working with the antitrust r...
Chorus faces up to $10 mln earnings hit in 2014 from latest regulator pricing decision
By Paul McBeth April 24 (BusinessDesk) - Chorus, the telecommunications network operator, expects 2014 earnings will be as much as $10 million lower after the Commerce Commission pressed ahead with a decision to raise the price of another component on the company’s copper lines...
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