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APN 1H profit climbs 77% as year earlier charges wash through
By Paul McBeth Aug. 20 (BusinessDesk) - APN News & Media, publisher of the New Zealand Herald newspaper, boosted first half profit 77 percent as year-earlier charges washed through, buoyed by Australian and radio operations. Net profit rose to A$27.2 million, or 2.4 cents p...
RESEND: FMA files suit against Prince and Partners as trustee of failed Viaduct Capital
(Fixes typo in headline) Aug. 20 (BusinessDesk) - The Financial Markets Authority has filed civil proceedings against Prince and Partners Trustee Co over its role as trustee of failed finance company Viaduct Capital, the first such case the FMA has taken against a trustee comp...
MRP exceeds prospectus forecasts as Heffernan signs off
By Pattrick Smellie Aug. 20 (BusinessDesk) - Tight cost control and reduced sales to commercial and industrial customers at low prevailing wholesale electricity prices were primary contributors to state-controlled electricity generator and retailer MightyRiverPower turning in...
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