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RESEND: Restaurant Brands 2Q sales rise 5.8%, boosted by KFC promotions, Carl's Jr expansion
(Fixes typo in lead) By Tina Morrison Sept. 17 (BusinessDesk) - Restaurant Brands New Zealand, the nation's largest fast-food operator, increased second quarter revenue 5.8 percent as it benefited from increased sales at its largest KFC fried chicken chain and ramped up exp...
S&P affirms NZ Post credit rating, cuts hybrid notes to 'junk'
By Suze Metherell Sept. 17 (BusinessDesk) - Standard & Poor's affirmed New Zealand Post's issuer credit and related debt rating at A+/A-1 with a long term negative outlook, while cutting its hybrid notes to 'junk' status. NZ Post would receive a "very high level of extraord...
CORRECT: Dairy product prices rise from two-year low
(Fixes sweet whey powder sale in 6th, 7th graphs, clarifies GDT price in 2nd graph) By Margreet Dietz Sept. 17 (BusinessDesk) - Dairy product prices rose in the latest GlobalDairyTrade auction, inching higher from the lowest level since July 2012, as declines in butter milk...