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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....
NZ dollar extends slide as RBA’s Stevens mulls intervention
By Paul McBeth Nov. 22 (BusinessDesk) - The New Zealand dollar extended its declined after Reserve Bank of Australia governor Glenn Stevens said he was “open-minded” on intervening in currency markets if the conditions were right to try and take the steam out of a persistently...
While you were sleeping Jobless claims lift Wall Street
Nov. 22 (BusinessDesk) – Wall Street rose amid better-than-expected jobs data, with investors looking to the signs of recovery in the US economy as a positive for corporate profits. Initial claims for state unemployment benefits declined 21,000 to a seasonally adjusted 323,000...