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Capital + Merchant fraudsters get top-up on prison sentences from FMA charges
June 28 (BusinessDesk) - Convicted Capital + Merchant fraudsters Wayne Douglas and Neal Nicholls have had their prison sentences topped up after pleading guilty to Securities Act charges of making untrue statements in offer documents. Douglas had another eight months added to hi...
Restaurant Brands expects 2014 profit will be a little ahead of 2013
By Tina Morrison June 28 (BusinessDesk) – Restaurant Brands, which operates four fast-food chains, expects 2014 annual profit to be “a little ahead” of the previous year as sales rise in a challenging economic environment and costs remain under control. The latest forecast reit...
OceanaGold to put Reefton in ‘care and maintenance’ in 2015 until gold price improves
By Paul McBeth June 28 (BusinessDesk) - OceanaGold Corp, whose share price has plunged 59 percent in the past three months, will put off production at its Reefton mine, putting it into care and maintenance in mid-2015 until the price of gold improves. The move amounts to a two...
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