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Pyne Gould says full-year profit fell to $20 mln, reflecting year-earlier gains
By Jonathan Underhill Aug. 19 (BusinessDesk) - Pyne Gould Corp, the Guernsey-based asset management firm controlled by George Kerr, said full-year profit was less than half its result in 2013, when it took one-time gains from the sale of assets. Profit was about $20 million...
NZ dollar declines as falling milk prices put auction in focus
By Paul McBeth Aug. 19 (BusinessDesk) - The New Zealand dollar fell as increased focus on the upcoming Fonterra Cooperative Group online dairy auction keeps the local currency under pressure. The kiwi fell to 84.73 US cents from 84.98 cents yesterday. The trade-weighted ind...
While you were sleeping: US builders gain confidence
By Margreet Dietz Aug. 19 (BusinessDesk) - Wall Street climbed amid better-than-expected confidence among US home builders and a bidding war over Family Dollar Stores. A report showed the National Association of Home Builders/Wells Fargo Housing Market index, a gauge of hom...
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