Services

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Case growing for reviving rejected StuffME merger, says Jarden
Law & Regulation

Case growing for reviving rejected StuffME merger, says Jarden

By Pattrick Smellie Sept. 12 (BusinessDesk) - Cost-cutting at online and news publisher Stuff is compromising the quality of its products, hastening a decline in its “very poor” earnings and could tip the balance to favour a revived merger with NZME, says investment house Jard...

Pattrick Smellie 11 Sep 2019
Tourist numbers rise in July as more Australians, Americans visit
Economy

Tourist numbers rise in July as more Australians, Americans visit

By Rebecca Howard Sept. 11 (BusinessDesk) - Australians and Americans continued to visit New Zealand in growing numbers in the traditionally quiet month of July, more than offsetting the decline in Asian tourist numbers.  About 255,585 short-term visitors arrived in New Zea...

Rebecca Howard 11 Sep 2019
NorthWest indicates it's finding it difficult to find independent Vital directors
Markets

NorthWest indicates it's finding it difficult to find independent Vital directors

By Jenny Ruth Sept. 10 (BusinessDesk) - Vital Healthcare Property Trust’s manager appears to be finding it difficult to find new independent directors. The manager, owned by Canada-based NorthWest Healthcare Properties Real Estate Investment Trust, told NZX in a statement t...

Jenny Ruth 10 Sep 2019
Ike forecasts record Sept-qtr revenue

Ike forecasts record Sept-qtr revenue

By Gavin Evans Sept. 6 (BusinessDesk) - Utilities measurement specialist IkeGPS is forecasting record second-quarter revenue of $5 million and says it may break-even in the three months ending September. The company, which had previously been aiming for profitability before...

Gavin Evans 05 Sep 2019