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Summerset occupation rights sales grow 19 percent in 3Q
Oct. 10 (BusinessDesk) - Summerset Group, the retirement village operator and developer whose managing director is stepping down next year, boosted sales of occupation rights 19 percent in the third quarter. The Wellington-based company lifted total sales of occupation rights...
MightyRiverPower to spend up to $50M on buyback to underpin flagging shares
Oct. 10 (BusinessDesk) - MightyRiverPower plans to spend up to $50 million on a buyback over the next 12 months to underpin a stock that has languished since the government sold 49 percent of its holding in an initial public offering in May. The power company will buy up to 25...
NZ dollar edges up as investors await developments in US political stalemate
By Tina Morrison Oct. 10 (BusinessDesk) – The New Zealand dollar edged up as investors continue to await the outcome of stalled budget talks in the US, as the deadline for lifting the US debt ceiling approaches. The kiwi traded in a 40 basis point range during Northern Hemisp...
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