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Trilogy shares jump 10% as annual profit soars
By Suze Metherell May 29 (BusinessDesk) - Shares in Trilogy International jumped 10 percent after the skincare and scented candle maker's annual profit soared, having become profitable a year earlier, as revenue growth in its Ecoya candle brand offset declining sales of skinca...
FMA raps St Laurence directors over knuckles with warning
By Paul McBeth May 29 (BusinessDesk) - The Financial Markets Authority has issued a warning to the directors of failed lender St Laurence over potential breaches of the Securities Act, deciding against pursuing them in court as the breaches occurred during a four-month period...
Microsoft NZ, HP NZ results highlight move to cloud services, waning demand for PCs
By Suze Metherell May 29 (BusinessDesk) - Microsoft New Zealand, the local arm of the world’s biggest software maker, lifted sales and profit last year while Hewlett Packard's local unit extended its losses, highlighting increased demand for cloud-based services and weaker sal...
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