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F and P Healthcare lifts guidance as sales grow, margins widen; shares rally
Feb. 20 (BusinessDesk) – Fisher & Paykel Healthcare, which makes breathing masks and respirators, lifted its full-year guidance a second time as demand for new breathing masks helps speed sales and margins widen. The shares jumped 6.8 percent on the news. Net profit would rise...
UPDATE Trade Me signals more acquisitions, looks at longer bank loan
By Paul McBeth Feb. 20 (BusinessDesk) - Trade Me, the online auction site spun out of Fairfax Media in 2011, is in the market for more acquisitions, and may extend its $200 million bank loan. The Wellington-based company made three purchases last year - the holidayhomes.co.nz...
NZ producers’ prices fall in fourth quarter, driven by electricity market
Feb. 20 (BusinessDesk) – New Zealand producers’ input and output prices both fell in the fourth quarter, with falling prices for electricity cited as the biggest contributor. Producers’ output prices fell 0.1 percent in the final three months of 2012, to be 0.8 percent lower th...
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