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Pike River receivers to enter no plea on Labour Dept charges
July 31 (BusinessDesk) - The receivers for the Pike River Coal company will enter no pleas on the 10 charges brought against the company, relating to the explosions which killed 29 underground miners in November 2010. PwC receiver John Fisk said they had no detailed knowledge of...
NZ families fret over financial situation, Dun and Bradstreet survey shows
July 31 (BusinessDesk) - New Zealand families have become more concerned about their financial situation, with at least a third saying they’ll use credit to cover unaffordable expenses in the coming quarter, according to Dun & Bradstreet’s consumer credit expectations survey. T...
Low-ball specialist tries to preempt Dorchester Pacific’s note buyback
July 31 (BusinessDesk) - Stock & Share Trading Co, a Melbourne-based company that specialises in making low-ball offers for securities, is trying to preempt Dorchester Pacific’s buyback of its 2013 notes at a price that’s 25 percent lower. Stock & Share has sent an offer to not...