Rural services company PGG Wrightson appears to be so concerned about bad publicity in recent days that yesterday it issued a clarification to business and rural editors throughout New Zealand.
New Zealand's only listed pharmacy, Life Pharmacy, is about to get substantially larger after its takeover offer for Pharmacybrands Ltd went unconditional yesterday.
The faster-than-expected pick-up in world economic growth is flowing through to New Zealand, but Treasury warns the composition of this country's growth raises questions about sustainability.
The workplace and job security have become the focus of surveys in recent weeks. Business Editor Dene Mackenzie review the findings from the latest two.
The Reserve Bank is expected to move towards a more neutral stance but with cautious tones when it releases its official cash rate decision on Thursday morning.
The University of Otago's executive education programmes will get an airing on an international stage next week when executive programmes director Ian Lafferty speaks at a conference in Singapore.
It will not be long before evidence emerges as to whether, with the onset of spring, improved vendor price expectations will lead to a flood of properties hitting the market, BNZ chief economist Tony Alexander says.
The June and July annual and quarterly reporting seasons threw up some figures that were worse than expected as New Zealand listed companies reviewed their previous 12 months, some of which were particularly harsh.
The Australian company annual results reporting season had generally been successful due to the high degree of earnings surprise, Craigs Investment Partners broker Chris Timms said.
Telecom is entering the mobile television market through its new XT mobile network.
The Reserve Bank of Australia yesterday kept its official cash rate unchanged at 3%, leaving the Reserve Bank of New Zealand in the probable position of having to do the same when it meets next week.
Sir Ron Brierley's GPG continued to trade at an unusually large discount to value, Forsyth Barr broker Suzanne Kinnaird said yesterday.
Rural Portfolio Investments, the private investment company of Craig Norgate and interests associated with the McConnon family, of Dunedin, needs to refinance its cash requirements before October 15, the company said yesterday.
Auckland International Airport remained a quality long-term investment story given its control of New Zealand's major tourism gateway, Forsyth Barr broker Peter Young said yesterday.
Delegat's Group yesterday reported a "stunning result" for the year ended June in a year which could have been difficult for a premium wine maker, ABN Amro Craigs broker Chris Timms said yesterday.
Fisher and Paykel Appliances designers got a taste of their own cooking yesterday when they took part in "Stir Fryday" to celebrate the opening of the new design centre kitchen.
The increase in South Canterbury Finance's provision for loans that might default was a concern, ABN Amro Craigs broker Peter McIntyre said yesterday.
Air New Zealand yesterday put a positive spin on its profit for the year ended June 30, despite its slipping 26% to $145 million compared with the $197 million reported last year.
Farming services company PGG Wrightson yesterday reported a disappointing profit for the year ended June, and indicated its debt facilities were being renegotiated again.
NZ Farming Systems Uruguay reported a full-year operating loss of $US15.6 million ($NZ23.1 million), as the company was hit by drought and falling dairy prices.
