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Energy Mad doubles on string of good US news
By Suze Metherell Jan. 22 (BusinessDesk) – Shares in energy efficient light bulb maker Energy Mad have doubled today, touching a two-year high of 68 cents, after a string of positive announcements about the company’s US market growth. Over the past two years the Christchurch ba...
Labour drops tax cuts in favour of $1.5B of new spending
Jan. 22 (BusinessDesk) – The Labour Party is ditching two of its flagship tax initiatives from the last election, giving itself an extra $1.5 billion for alternative policy promises. Labour leader David Cunliffe announced the changes, which will see Labour drop its proposal to...
OceanaGold gains on news of Q4 uplift
By Suze Metherell Jan. 21 (BusinessDesk) – Shares of Melbourne based mining group OceanaGold has risen 9.7 percent in early NZX trading after announcing its gold production exceeded expectations in 2013. The company produced 325,732 ounces of gold across its New Zealand and Ph...
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