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Tenon to supply Masters Home Improvement stores in Australia
By Paul McBeth July 29 (BusinessDesk) - Tenon, whose locally produced wood mouldings are sold in the US, will expand its business across the Tasman, supplying the Woolworths and Lowe's Home Improvement joint venture Masters Home Improvement stores. The Taupo-based company h...
MARKET CLOSE: NZ stocks fall led by Telecom; Fonterra Fund gains
By Suze Metherell July 29 (BusinessDesk) - New Zealand shares fell led by Telecom Corp after an analyst's report cut the stock's target price ahead of its name change next week. Units in the Fonterra Shareholders' Fund rose after Fonterra Cooperative Group slashed its forecast...
NZ dollar drops after Fonterra cuts payout forecast more than expected
By Jonathan Underhill July 29 (BusinessDesk) - The New Zealand dollar fell to the lowest level in almost seven weeks after Fonterra Cooperative Group cut its forecast 2015 milk payout more than some economists had expected, suggesting a bigger impact on the New Zealand economy...
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