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NZ Super Fund buys US$55 mln stake in US wind turbine designer Ogin
Nov. 27 (BusinessDesk) - The New Zealand Superannuation Fund has bought a US$55 million stake in unlisted US wind turbine maker Ogin Inc. The Super Fund investment will give Waltham, Massachusetts-based start-up Ogin capital to grow before going public. The fund’s investment g...
Tourism Holdings sees NZ merger, US driving 25 percent 1H earnings growth; shares jump
Nov. 27 (BusinessDesk) - Tourism Holdings, which merged its campervan rental business with two rivals last year, said benefits from the merger and continued strong performance in the US market is expected to lift first-half earnings by 25 percent. The shares jumped about 18 perc...
Pharmacybrands posts 17 percent gain in first-half profit, notes foot traffic impact
Nov. 27 (BusinessDesk) – Pharmacybrands, the retail pharmacy and medical centre owner, posted a 17 percent gain in first-half profit after restating revenue in line with new accounting rules and noting the impact of changes to the way the government funds pharmacists. Profit ro...
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