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Hallenstein Glasson 1H profit climbs 15 percent on 'robust' NZ sales
Feb. 15 (BusinessDesk) - Hallenstein Glasson, which runs the clothing chains that make up its name, lifted first-half profit 15 percent with a "robust" sales period in New Zealand. The Auckland-based company said net profit will be between $10.3 million and $10.5 million in th...
Michael Hill 1H earnings creep up on Australian gains, tax dispute lingers
By Paul McBeth Feb. 15 (BusinessDesk) - Michael Hill International, the jewellery chain that bears its founder's name, posted a 5.9 percent gain in first-half profit on Australian sales growth and said it is still battling tax departments on both sides of the Tasman over its 200...
NZ Super Fund sells 7.6 percent of Auckland Airport at 6.1 percent discount, raising $276 mln
Feb. 15 (BusinessDesk) – The New Zealand Superannuation Fund sold 7.6 percent of Auckland International Airport for a 6 percent discount, raising $276 million and benefiting from a share price near a five-year high. The selldown was initiated by Morrison & Co Funds Management,...
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