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Sealord’s results marred by Argentinian impairment as other units prosper
By Jonathan Underhill April 5 (BusinessDesk) – Sealord, New Zealand’s second-largest fishing company, reported a full-year profit that was dented by a charge against its Argentinian business, where a soaring peso and rampant inflation are driving up costs. Profit was $5.2 mill...
Government to raise up to $1.9B in MightyRiverPower share float
By Pattrick Smellie April 5 (BusinessDesk) - Shares in the partial privatisation of state-owned power company MightyRiverPower are expected to be priced between $2.35 and $2.80, with uncertainty about the future of the Tiwai Point aluminium smelter expected to skew pricing to th...
Telecom to keep Yahoo! email service after review prompted by hacker attacks
April 5 (BusinessDesk) – Telecom will keep its email relationship with Yahoo! after feedback from customers that they valued the service even after their accounts were hacked this year and malicious emails sent to their contacts. Telecom launched a two-month review of the relat...
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