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NZ dollar falls to year-low on commodity currency weakness, lower dairy payout
By Tina Morrison Sept. 24 (BusinessDesk) - The New Zealand dollar fell to a year low as it declined along with other commodity currencies on concern about slowing growth in China and cemented that low after Fonterra Cooperative Group cut its forecast payout to farmers. The...
While you were sleeping: Health-care stocks slide
By Margreet Dietz Sept. 24 (BusinessDesk) - Health-care stocks including Medtronic fell after the US Treasury Department said it plans to rein in corporate tax inversions. A corporate inversion is a transaction in which a US-based multinational restructures so that the US p...
UPDATED: SLI co-founders Geoff Brash and Steven Marder sell shares as escrow ends
By Suze Metherell and Paul McBeth Sept. 23 (BusinessDesk) - SLI Systems co-founders Geoff Brash and Steve Marder were two of the initial shareholders of the search engine developer who sold some 6.8 percent of the company at the end its 16-month lock-up period at 23 percent be...
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