PGC trading suspended by exchange
PGC trading suspended by exchange
Shares in Pyne Gould Corp were suspended from trading yesterday, after the company failed to meet a deadline on filing its annual report to the New Zealand stock exchange.
Simon Hartley
Scott result affected by slowdown
Scott result affected by slowdown
Dunedin's listed Scott Technology has booked a flat year's trading revenue and 40% decline in after-tax profit, down from $5.14 million to $3.02 million, for its trading year to August.
IkeGPS share price spiking
IkeGPS share price spiking
Shares in IkeGPS notched up an almost 25% spike yesterday, following news the portable measurement device manufacturer was making inroads into the United States intelligence community.
Economy 'off boil', confidence still sliding
Economy 'off boil', confidence still sliding
Business confidence has continued its slide into the second half of 2014, with optimists down from 50% to 20% of those surveyed in late 2013 for the quarter to September.
Oceana Gold stays buffered from low spot gold prices
Oceana Gold stays buffered from low spot gold prices
Global spot gold prices are holding just above the crucial $US1200 ($NZ1534) mark, but New Zealand's largest producer, Oceana Gold, remains buffered from gold's ongoing volatility.
Dunedin beers to be supped in Singapore
Dunedin beers to be supped in Singapore
Dunedin micro-brewery Green Man hopes its inaugural craft beer export to Singapore may be a foot in the door to increasing sales around Asia.
Bonus dispute set to continue
Bonus dispute set to continue
The long-running employment dispute between the owner of Dunedin construction company Lund South and its former Dunedin manager is set to continue and more litigation expected next year.
KiwiSaver house price pressure
KiwiSaver house price pressure
A year on from the Reserve Bank imposing loan-to-value ratio (LVR) lending restrictions on banks, the banks are well below the 10% threshold at 6.6%.
Hacking investigation continues
Hacking investigation continues
An investigation into the attempted hacking of a nationwide health database used by district health boards and hundreds of medical centres around the country is continuing.
Spike in IRD insolvency applications
Spike in IRD insolvency applications
More than 50% of applications for liquidation or bankruptcy in the High Court at Dunedin yesterday were sought by Inland Revenue.
Milk powder not leader of the pack
Milk powder not leader of the pack
Live cattle exports underpinned the August rise in export goods to $3.5 billion but, for the first time in three years, milk powder exports took a back seat within the wider dairy sector.
Besieged Solid Energy 'awaiting evaluations'
Besieged Solid Energy 'awaiting evaluations'
Solid Energy is under siege to make a decision to re-enter Pike River Mine, fending off mounting criticism and citing safety and the need to complete more detailed risk assessments.
Synlait lifts profit, brings forward expansion
Synlait lifts profit, brings forward expansion
Independent Mid Canterbury dairy company Synlait increased lifted its profit 70% to almost $20 million for the full year, meeting its downgraded profit forecast made in May.
Profit at top of forecasts
Profit at top of forecasts
A warm winter undermined the after-tax profit of sports and leisure retailer Kathmandu, although it delivered at the top end of its forecasts, at $42.2 million.
Aorangi investors to get 99c in $
Aorangi investors to get 99c in $
About 400 investors in Allan Hubbard's failed Aorangi Securities are to receive more than 99c in the dollar - totalling about $101 million - following four years of statutory management of the private investment company.
Departure recalled
Departure recalled
Otago and Southland's World War 1 troop contribution and their inaugural embarkation from Dunedin 100 years ago today was marked with a commemoration service at St Paul's Cathedral, in the Octagon, yesterday.
Developer buys Bell Tea building
Developer buys Bell Tea building
Dunedin's distinctive 90-year-old Bell Tea building has been sold to Dunedin developer Peter Gullen, who says it was a spur-of-the-moment purchase.
Fletcher Building paints a rosy picture
Fletcher Building paints a rosy picture
Canterbury rebuild lead contractor Fletcher Building has a record $1.82 billion work backlog but analysts see the rebuild throwing up a few more issues.
Discussions with Alacer over, both parties say
Discussions with Alacer over, both parties say
East Otago-based Oceana Gold has disengaged from Australian-listed Alacer Gold Corp over an unspecified business transaction, described as a takeover bid by Australian media.
Oceana takeover reports discounted
Oceana takeover reports discounted
Speculation Oceana Gold could be a takeover target has been rejected by broker Craigs Investment Partners, given the overall volatility in the mining sector.