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Milford Asset emerges as 2nd biggest shareholder in Tourism Holdings
Sept. 3 (BusinessDesk) - Milford Asset Management, with more than $2 billion under management, has emerged as the second-biggest shareholder in Tourism Holdings, building a 14 percent stake in the rental campervan operator. The Auckland-based fund manager spent almost $7.1 mil...
Synlait Milk hikes forecast payout to farmgate to $8kgms, affirms revenue forecast
Sept. 3 (BusinessDesk) - Synlait Milk, the local milk processor which listed on the stock exchange in July, has followed rivals Fonterra Cooperative Group and Westland Milk in hiking its forecast payout to farmers, though it’s keeping its earnings forecasts intact. The Rakaia-...
NZ commodity prices rise for second month, led by aluminium, skim milk powder
Sept. 3 (BusinessDesk) - New Zealand commodity prices rose for a second month in August, led by aluminium, as global prices rose from a four-year low, and skim milk powder. The ANZ Commodity Price Index rose 0.7 percent to 320.2 last month, edging back toward its April record o...
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