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Fatter margins for dairy farmers fuel producer price inflation

Fatter margins for dairy farmers fuel producer price inflation

By Paul McBeth Nov. 20 (BusinessDesk) - Rising milk prices paid to dairy farmers fuelled growth in the prices producers paid and received in the third quarter, a period when Fonterra Cooperative Group twice hiked its forecast payout at the farmgate while batting off threats to...

19 Nov 2013
Air New Zealand shares slip after brokers, instos pile into ‘strongly priced’ selldown

Air New Zealand shares slip after brokers, instos pile into ‘strongly priced’ selldown

By Jonathan Underhill Nov. 20 (BusinessDesk) – Air New Zealand shares fell when they resumed trading, after many brokers and institutional investors piled into the government’s sale of a 20 percent stake at what some market participants say was a surprisingly strong price. The...

19 Nov 2013
Airwork looks for $40 mln Christmas present in latest IPO

Airwork looks for $40 mln Christmas present in latest IPO

By Paul McBeth Nov. 20 (BusinessDesk) - Aviation services firm Airwork Holdings wants as much as $40 million in the last float before Christmas, which it will put towards funding operations, buying back shares from controlling shareholder Hugh Jones and repaying debt. The Auc...

19 Nov 2013