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NZ net migration tops another decade-high in October
Nov. 22 (BusinessDesk) - New Zealand’s inbound net migration notched up another decade-high monthly gain in October as the exodus to Australia continued to slow. The country gained a seasonally adjusted 3,000 new migrants in October, beating last month’s 2,800, and matching th...
Warehouse warns margin squeeze, investment programme will trim first-half earnings
By Paul McBeth Nov. 22 (BusinessDesk) - Warehouse Group, the country’s biggest listed retailer, expects lower first-half earnings as margins at its flagship Red Sheds come under pressure and it spends more on adjusting to a new competitive environment. Adjusted net profit aft...
F and P Healthcare lifts 1H profit to record, affirms annual earnings guidance
By Paul McBeth Nov. 22 (BusinessDesk) - Fisher & Paykel Healthcare, which makes breathing masks and respirators, boosted first-half profit 34 percent to a record, reporting growth in both its major product lines, and affirmed its expectations for more annual earnings growth....