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Nuplex FY profit drops 31 percent on weak ANZ, EMEA markets, writedowns
By Jonathan Underhill Aug. 15 (BusinessDesk) – Nuplex Industries, which had cut its earnings guidance three times, posted a 31 percent drop in full-year profit on weaker earnings from its resins division in the ANZ and EMEA regions and one-time charges. The specialty chemicals...
Turners Auctions lifts 1H profit 10 percent, sees flat annual result
Aug. 15 (BusinessDesk) - Turners Auctions, the auction house which counts Dorchester Pacific as a cornerstone investor, lifted first-half profit 10 percent on gains in its fleet and finance units, and sees a flat annual result having previously warned it faced a tough year after...
NZ dollar advances as sentiment improves on prospect of economic revival
By Tina Morrison Aug 15 (BusinessDesk) – The New Zealand dollar rose as sentiment was buoyed by reports showing a revival in the local economy, which is likely to push up interest rates and increase the lure of the currency. The kiwi rose to 80.31 US cents, from 79.82 cents at...
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