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NZ dollar seen little changed in 4th quarter, BusinessDesk survey says
By Tina Morrison Sept. 29 (BusinessDesk) - The New Zealand dollar is likely to be little changed from its current level by the end of this year, providing little respite for the nation's 1,600 avocado growers who are heading into their peak export season from September through...
Fulton Hogan lifts annual earnings 43%, looks to grow water, rail, airport units
By Paul McBeth Sept. 29 (BusinessDesk) - Fulton Hogan, the privately held construction firm, lifted annual earnings 43 percent as it cut its costs in the face of falling Australian revenue, and is looking to grow its water, rail and airport units. Net profit rose to $138.2...
Turners board backs takeover bid, valued at bottom of adviser's range
By Paul McBeth Sept. 29 (BusinessDesk) - The independent directors of Turners Group NZ, formerly Turners Auctions, are backing an offer to take over the car auction firm, which is at the bottom of an independent adviser's valuation range. The Turners board has endorsed the...