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While you were sleeping Procter  and  Gamble downgrade

While you were sleeping Procter and Gamble downgrade

By Margreet Dietz Feb 13 (BusinessDesk) – Wall Street edged lower as Procter & Gamble cut its earnings forecast because of the recent slides in emerging markets currencies, prompting concern more US companies will follow suit. In afternoon trading in New York, the Dow Jones Ind...

12 Feb 2014
MARKET CLOSE NZ Shares rise as SkyCity blames kiwi for poor profit, Fletcher, Hallenstein gain

MARKET CLOSE NZ Shares rise as SkyCity blames kiwi for poor profit, Fletcher, Hallenstein gain

By Suze Metherell Feb. 12 (BusinessDesk) – New Zealand stocks rose as SkyCity Entertainment Group met guidance with first-half earnings hurt by a strong kiwi dollar. Hallenstein Glasson Holdings and Fletcher Building led the advance. The NZX 50 Index gained 21.089 points, or 0...

12 Feb 2014
Auckland Airport shareholders overwhelmingly vote in favour of capital return

Auckland Airport shareholders overwhelmingly vote in favour of capital return

Feb. 12 (BusinessDesk) – Shareholders of Auckland International Airport, the nation’s busiest gateway, have overwhelmingly voted in favour of plans by the nation’s busiest gateway to return $454 million in capital via a share cancellation, with 60 percent of the payment treated...

12 Feb 2014