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Burger King widens annual losses on rising costs, increased competition

Burger King widens annual losses on rising costs, increased competition

By Suze Metherell July 28 (BusinessDesk) - Blackstone Group's Burger King chain in New Zealand widened its loss in 2013 as rising sales, in an increasingly crowded burger market, were offset by higher costs for raw materials and consumables, and increased property and consulta...

28 Jul 2014
CORRECT: SLI Systems says FY sales miss forecast on ARR basis, to report smaller loss

CORRECT: SLI Systems says FY sales miss forecast on ARR basis, to report smaller loss

(Corrects to show revenue on ARR basis rose 29 percent in the second paragraph, updates shares) Annualised recurring revenue rose about 29 percent to $25 million in the 12 months ended June 30, compared to a forecast in last year's offer documents of $25.9 million. Operati...

27 Jul 2014
CORRECT: NZX first-half activity shows boosted volume, falling value

CORRECT: NZX first-half activity shows boosted volume, falling value

(Fixes number of listings in first graph, removes incorrect listing date of CRP and rights issues in third graph) By Suze Metherell July 28 (BusinessDesk) - The volume of cash trading on the NZX rose 22 percent in the first six months of the year, compared to a year earlier...

27 Jul 2014