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Infratil downgrades guidance after Australian energy assets sale
By Suze Metherell Oct. 1 (BusinessDesk) - Infratil, the infrastructure investor, has lowered earnings guidance for the coming year by as much as $40 million, reflecting the sale of its Australian energy assets. The Wellington-based company now expects annual earnings before...
PGC misses deadline to publish audited accounts, citing delay in property audit
By Tina Morrison Oct. 1 (BusinessDesk) - Pyne Gould Corp, the Guernsey-based asset management firm controlled by George Kerr, said it missed yesterday's deadline to submit its final audited accounts for the 2014 year to the stock exchange because of a delay in auditing one of...
NZ dollar gains vs. euro as weak inflation prompts speculation of ECB stimulus
By Tina Morrison Oct. 1 (BusinessDesk) - The New Zealand dollar rose against the euro as slowing European inflation prompted speculation of further stimulus from the European Central Bank. The kiwi advanced to 61.69 euro cents at 8am in Wellington, from 61.44 cents at 5pm y...
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