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Dorchester offers to buy back NZDX-listed notes before due date at 92 cents apiece
(Corrects share price in final paragraph of story that first ran July 23) July 23 (BusinessDesk) - Dorchester Pacific, which avoided failure in 2010 by convincing investors to accept a debt-for-equity swap, is offering to buy back its June 2013 notes early for 92 cents in the do...
MARKET CLOSE: NZ shares join global slide, led by Xero, Goodman Fielder
July 25 (BusinessDesk) - New Zealand shares joined a global side as markets focused on Europe’s debt crisis. The decline was paced by stocks as diverse as Xero, Goodman Fielder and SkyCity Entertainment Group. The NZX 50 Index fell 1.72 points, or 0.05 percent, to 3458.97. With...
Sky TV's Igloo JV launch delayed again
July 25 (BusinessDesk) - The low-budget pay-TV service called Igloo is facing a further delay as the joint venture between NZX-listed Sky TV and state-owned Television New Zealand irons out teething problems thrown up in consumer testing. "We are genuinely gutted," said Igloo ge...
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