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UPDATED Synlait Ltd investors may sell 19M shares into Synlait Milk IPO, Bright won’t participate

UPDATED Synlait Ltd investors may sell 19M shares into Synlait Milk IPO, Bright won’t participate

(Adds comments from CEO John Penno throughout) June 24 (BusinessDesk) – Shareholders of Synlait Ltd may sell 19 million shares of Synlait Milk as part of the dairy company’s initial public offering while Bright Dairy won’t participate in the sale, according to Synlait Milk’s pro...

24 Jun 2013
NZ monthly inbound migration climbs to 3 ½ year high in May as Australian exodus dwindles

NZ monthly inbound migration climbs to 3 ½ year high in May as Australian exodus dwindles

June 24 (BusinessDesk) - New Zealand’s monthly inbound migration climbed to a three-and-a-half year high last month as fewer locals quit the nation for Australia, with local prospects taking on a brighter sheen than the country’s trans-Tasman neighbour. Seasonally adjusted, th...

23 Jun 2013
Synlait Ltd investors may sell 19M shares into Synlait Milk IPO, Bright won’t participate

Synlait Ltd investors may sell 19M shares into Synlait Milk IPO, Bright won’t participate

June 24 (BusinessDesk) – Shareholders of Synlait Ltd may sell 19 million shares of Synlait Milk as part of the dairy company’s initial public offering while Bright Dairy won’t participate in the sale, according to Synlait Milk’s prospectus. The Rakaia-based Synlait Milk will rai...

23 Jun 2013
AMP sees up to 16 percent fall in 1H earnings as Australian wealth protection drags

AMP sees up to 16 percent fall in 1H earnings as Australian wealth protection drags

23 Jun 2013
UDC lifts 1H profit 24 percent on fatter margins, fewer bad debts

UDC lifts 1H profit 24 percent on fatter margins, fewer bad debts

23 Jun 2013
Forsyth Barr’s Anne Blackburn leaves board after Fisher Funds appointment

Forsyth Barr’s Anne Blackburn leaves board after Fisher Funds appointment

23 Jun 2013
Dow AgroSciences NZ FY sales jump 23 percent on Australian growth, loss widens

Dow AgroSciences NZ FY sales jump 23 percent on Australian growth, loss widens

23 Jun 2013
NZ dollar weakens as investors look to US economic revival

NZ dollar weakens as investors look to US economic revival

23 Jun 2013
World Week Ahead Fed debate to dominate

World Week Ahead Fed debate to dominate

23 Jun 2013
MARKET CLOSE NZ shares falls in second day of Fed adjustment; Diligent, Sky TV drop

MARKET CLOSE NZ shares falls in second day of Fed adjustment; Diligent, Sky TV drop

21 Jun 2013
UDPATE FMA to bring two KiwiSaver issuers into line over disclosure

UDPATE FMA to bring two KiwiSaver issuers into line over disclosure

21 Jun 2013
NZ dollar heads for 3.3 percent weekly fall after Bernanke moves

NZ dollar heads for 3.3 percent weekly fall after Bernanke moves

21 Jun 2013
NZ consumer confidence edges up in June as long-term outlook brightens

NZ consumer confidence edges up in June as long-term outlook brightens

21 Jun 2013
Demand for LGFA bonds cools as Fed’s QE exit saps appeal of debt

Demand for LGFA bonds cools as Fed’s QE exit saps appeal of debt

21 Jun 2013
FMA lines up two KiwiSaver issuers over ‘potentially misleading statements’ in offer docs

FMA lines up two KiwiSaver issuers over ‘potentially misleading statements’ in offer docs

21 Jun 2013
Sell Chorus, says Deutsche Bank, as regulatory risk multiplies

Sell Chorus, says Deutsche Bank, as regulatory risk multiplies

21 Jun 2013
Precinct Properties ups portfolio value 2.6 percent, signs new and bigger bank facility

Precinct Properties ups portfolio value 2.6 percent, signs new and bigger bank facility

20 Jun 2013
Antitrust regulator to probe Wilson’s acquisition of rival’s parking assets

Antitrust regulator to probe Wilson’s acquisition of rival’s parking assets

20 Jun 2013
Mercer cuts FY earnings guidance on late sales, signals big deal with multi-national in the pipeline

Mercer cuts FY earnings guidance on late sales, signals big deal with multi-national in the pipeline

20 Jun 2013
NZ dollar tumbles below 78 US cents as world digests end to Fed QE, China weakness

NZ dollar tumbles below 78 US cents as world digests end to Fed QE, China weakness

20 Jun 2013
While you were sleeping Equities sink on China, Fed

While you were sleeping Equities sink on China, Fed

20 Jun 2013
MARKET CLOSE NZ shares join Asia-wide rout; Chorus, Diligent, Westpac drop

MARKET CLOSE NZ shares join Asia-wide rout; Chorus, Diligent, Westpac drop

20 Jun 2013
NZ dollar slides after Fed flags tapering QE, weak local GDP, Chinese slowdown

NZ dollar slides after Fed flags tapering QE, weak local GDP, Chinese slowdown

20 Jun 2013
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