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Yellow Pages still awash in red ink, writes off remaining goodwill
By Paul McBeth Nov. 27 (BusinessDesk) - Yellow Pages, the directory company whose lenders seized control in 2010, was tipped into the red in the latest financial year by writedowns that wiped out remaining goodwill. Holding company NZ Directories Holdings narrowed its net loss...
While you were sleeping Americans grow more confident
Nov. 28 (BusinessDesk) – US consumer confidence rose to a four-year high this month adding to evidence from Thanksgiving weekend retail sales that suggests Americans are shaking off their torpor. The Conference Board’s confidence index rose to 73.7, beating the estimate in a Bl...
MARKET CLOSE NZ shares mixed; Wrightson gains as Fonterra units snapped up
Nov. 27 (BusinessDesk) - New Zealand shares were mixed. PGG Wrightson rose to the highest in more than a month after the sale of Fonterra units underlined the appeal of the rural sector, while Kiwi Income Property Trust fell after shedding its dividend. The NZX 50 Index fell 2....
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