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Sky TV mulls $100 mln retail bond offer
By Paul McBeth Feb. 18 (BusinessDesk) - Sky Network Television, the country’s dominant pay-TV operator, is mulling a retail bond offer to raise up to $100 million. The Auckland-based company is seeking preliminary indications of interest on what will probably be a seven-year...
Industrial sales and lower wholesale prices lift Contact 1H earnings
By Pattrick Smellie Feb. 18 (BusinessDesk) – Contact Energy reported a 5 percent improvement in underlying earnings for the six months to Dec. 31, with improved sales to industrial and commercial customers and lower wholesale electricity prices offsetting lower mass market sale...
F and P Healthcare raises annual profit guidance for 2nd time, citing increased demand, better margins
By Tina Morrison Feb. 18 (BusinessDesk) – Fisher & Paykel Healthcare Corp, which makes breathing masks and respirators, raised its full-year profit guidance for a second time on increased demand for its devices to treat the condition obstructive sleep apnea and as its margins i...