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Michael Hill FY same-store sales edge up 0.3%
By Hannah Lynch July 10 (BusinessDesk) - Michael Hill International, the listed jewellery chain, said full-year same-store sales edged up 0.3 percent as revenue in its largest market of Australia continuing to shrink. Same-store sales, which measures outlets open at least 12 m...
NZ property values extend gains in June: QV
By Hannah Lynch July 10 (BusinessDesk) - New Zealand property values extended their gains last month as homes in Auckland and Christchurch continued to appreciate amid a shortage of supply, according to government valuer Quotable Value. National property values rose 1.8 percen...
New York-based fund emerges as Rubicon investor with 7.5% stake
By Paul McBeth July 10 (BusinessDesk) - Sophrosyne Capital, a New York-based fund manager, has emerged with a 7.5 percent in Rubicon after doubling the size of its investment in the New Zealand forestry biotech firm’s recent rights issue. The privately-held fund manager bought...
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