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Jailed Capital + Merchant fraudsters plead guilty to Securities Act charges
Feb. 15 (BusinessDesk) – Convicted Capital + Merchant fraudsters Wayne Douglas and Neal Nicholls have pleaded guilty to Securities Act charges of making untrue statements in offer documents laid by the Financial Markets Authority. The guilty pleas by the former directors of the...
Steel and Tube first-half profit rises 14 percent , sees stronger second half
Feb. 15 (BusinessDesk) – Steel & Tube Holdings, the building products firm whose majority shareholder exited its holding in October, posted a 14 percent gain in first-half profit and expects second half results to exceed those in the first six months of the year. Profit rose to...
Hallenstein Glasson 1H profit climbs 15 percent on 'robust' NZ sales
Feb. 15 (BusinessDesk) - Hallenstein Glasson, which runs the clothing chains that make up its name, lifted first-half profit 15 percent with a "robust" sales period in New Zealand. The Auckland-based company said net profit will be between $10.3 million and $10.5 million in th...
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