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CORRECT:Wynyard shares climb on Tatts deal
(Corrects full-year revenue figure in second paragraph) By Suze Metherell June 12 (BusinessDesk) - Shares in Wynyard Group rose 4.1 percent after the security software firm secured a three-year contract with Australian gambling business Tatts Group. The Auckland-based fi...
Analysts pull back Nuplex profit estimates for coming 3 years as increased rivalry crimps margins
By Tina Morrison June 12 (BusinessDesk) - Analysts have pulled back their expectations for Nuplex Industries' profit for the next three years after the chemical manufacturer warned earnings would be hurt by increased competition at its ANZ unit. Expectations for 2014 net in...
Nutricia NZ profit slides 97% in 2013 year disrupted by Fonterra recall
By Suze Metherell June 12 (BusinessDesk) - Nutricia, the New Zealand infant formula unit of French food maker Danone, posted a 97 percent drop in profit in 2013, a year that saw sales disrupted by Fonterra Cooperative Group's false alarm botulism scare last August. Profit f...