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Scott Technology boosts FY profit 22 percent as mining equipment sales climb, shares rise to 7-year high
By Paul McBeth Oct. 11 (BusinessDesk) - Scott Technology, the Dunedin-based industrial automation firm, lifted annual profit 22 percent as sales of its mining equipment gathered pace, pushing its shares to a seven-year high. Net profit advanced to $6.1 million, or 16.7 cents p...
NZ consumer confidence slips in October as kiwis save more cash
By Hannah Lynch Oct. 11 (BusinessDesk) - New Zealand's consumer confidence fell in October from a month earlier as kiwis remain cautious about spending money and put more aside for a rainy day. The ANZ-Roy Morgan Consumer Confidence fell to 110.5 in October from 111.9 in Septe...
Sex used to sell Moa float, forecasts losses and no dividend
Oct. 11 (BusinessDesk) –Moa Group will pay $1.6 million for the boutique brewer to raise $15 million and list on NZX. Offer documents released on Thursday reveal interest-free-loans to directors and management to buy shares and a $240,000 fee paid to Business Bakery for the serv...
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