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Fonterra has record quarterly exports, gets creative with shipping

Fonterra has record quarterly exports, gets creative with shipping

By Peter Kerr Aug 20 (BusinessDesk) - Fonterra Cooperative Group, the world’s biggest exporter of dairy products, achieved record export in the final three months of its season of 620,000 tonnes. Its 2012 May, June and July shipments were 36% more than the same period last year...

19 Aug 2012
NZX confirms slump in 1H profit; Agri information stands out as bright spot

NZX confirms slump in 1H profit; Agri information stands out as bright spot

Aug. 20 (BusinessDesk) - NZX, New Zealand’s stock market operator, posted a 28 percent drop in first-half profit as revenue growth stalled and expenses rose, squeezing its earnings margin. Profit was $3.25 million in the six months ended June 30, from $4.5 million a year earlie...

19 Aug 2012
Dominion Finance High Court trials set for Feb. 11, June 17 next year

Dominion Finance High Court trials set for Feb. 11, June 17 next year

Aug. 20 (BusinessDesk) - The High Court trials of the directors of failed finance company Dominion Finance Holdings and its subsidiaries are set down for Feb. 11 and June 17 next year, according to the eighth liquidator’s report. Directors Terence Maxwell, Robert Whale, former...

19 Aug 2012