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Goldman Sachs NZ unit posts FY loss as fees, commissions, trading income fall

Goldman Sachs NZ unit posts FY loss as fees, commissions, trading income fall

By Jonathan Underhill May 30 (BusinessDesk) - Goldman Sachs New Zealand Holdings, the local unit of the Wall Street investment bank, posted a full-year loss as revenue from fees, commissions and trading fell almost three times as much as operating expenses. The net loss was $3....

30 May 2012
McDonald's reaps biggest NZ dividend in at least a decade to help fund global growth

McDonald's reaps biggest NZ dividend in at least a decade to help fund global growth

By Hannah Lynch May 30 (BusinessDesk) - McDonald's Restaurant New Zealand, the local arm of world's largest fast food chain, paid the biggest dividend in at least a decade as its US parent invests US$2.9 billion to expand its global empire. The Auckland-based company paid a di...

30 May 2012
New Talisman starts life with $9.2m in funds

New Talisman starts life with $9.2m in funds

May 30 (BusinessDesk) - New Talisman Gold Mines, the gold miner formerly known as Heritage Gold, is starting out with $9.24 million in equity as it prepares to develop the Talisman gold prospect on the Coromandel Peninsula. New Talisman recently replaced Heritage on the NZX and...

30 May 2012