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UPDATE: Intueri climbs 16% in training group's NZX debut
(Updates with broker comment, refreshed share price) By Suze Metherell May 23 (BusinessDesk) – Intueri Education Group rose 16 percent in its NZX debut after owner Arowana International spun off the private training school operator about a year after its own listing on the...
Comvita annual profit rises 3.3% as honey price squeezes margin, sees more growth in 2015
By Paul McBeth May. 23 (BusinessDesk) - Comvita, which produces health products from manuka honey and olive leaves, lifted annual profit 3.3 percent as the rising cost of honey squeezed margins, and said revenue and earnings would grow in 2015. Net profit rose to $7.6 milli...
NZF Group liquidation put on hold as noteholder seeks alternatives
By Paul McBeth May. 23 (BusinessDesk) - NZF Group will put off liquidation proceedings after a major noteholder called for a special meeting to try,to squeeze more value from the failed firm. The Auckland-based financial services company's board received a formal notice fro...