Free access for scientists
Free access for scientists
Listed company Scott Technology is offering New Zealand scientists and researchers free access to its latest product from its stable of high temperature superconducting magnet systems.
Simon Hartley
L&M delists with $4.88m cash
L&M delists with $4.88m cash
Southern methane gas explorer L&M Energy - which is about to be delisted from the stock exchange following a successful almost $13 million takeover - will bow out of the public eye holding $4.88 million cash in hand and with several Taranaki drilling programmes planned.
Shipping channel may need widening
Shipping channel may need widening
Port Chalmers' wharves are long enough to accommodate larger new generation cruise ships, but the width of the shipping channel near Harington Pt may come under scrutiny.
Jevic raises offer for Vinz
Jevic raises offer for Vinz
Jevic NZ Ltd has upped the ante in its takeover play for Vehicle Inspection New Zealand Ltd (Vinz) - boosting its original offer 30% to $2.15 per share - or $5.37 million.
Dunedin high on unaffordable list
Dunedin high on unaffordable list
Dunedin's house prices may place it among the country's top five cities in terms of lack of affordability, but the majority of city sales remain in the under-$399,000 bracket, albeit with high demand in a sector where listings have declined.
Otago-Southland maintains lead in national manufacturing data
Otago-Southland maintains lead in national manufacturing data
Otago and Southland's manufacturing sector slipped off its pace at the end of 2012, but still led national data from four regions.
Higher gold ore grades boost for Oceana
Higher gold ore grades boost for Oceana
Mining higher grades of gold-bearing ore has boosted Oceana Gold's final quarter production.
No slip in production
No slip in production
A slip on the access road into Frasers pit at Oceana Gold's Macraes site, which restricted access to high-grade ore for 16 days, is not expected to impact on overall gold production this year.
Positive indications for Australian investments
Positive indications for Australian investments
China's changing economic fortunes and cuts in Australia's interest-driving cash rate by its Reserve Bank are expected to buoy the Australian stock exchange as investors seek improving dividend yields.
Fletcher's share price builds on better news
Fletcher's share price builds on better news
Investor confidence has been repaid as billions flow back into Fletcher Building's market capitalisation, buoyed by housing and construction in New Zealand, Australia and the United States.
Busy weekend at port
Busy weekend at port
More than 4000 shipping containers are being handled across Port Chalmers' wharves in a continuous operation to swap the cargoes of the Maersk vessels Oluf Maersk and Olivia Maersk, which when reloaded will continue on their separate global trading routes.
City's industrial land needs to fore
City's industrial land needs to fore
Industrially zoned land around Dunedin - and specifically in the central business district - could be in for some radical changes.
Busy but manageable weekend for Port Otago
Busy but manageable weekend for Port Otago
Port Otago is gearing up for a busier than usual weekend of shipping, with three cruise ships, a chip ship and two Maersk container vessels using wharf facilities, mainly at Port Chalmers. Oluf Maersk and Olivia Maersk, arriving respectively tomorrow and Sunday, would be in for slightly longer than usual, Port Otago chief executive Geoff Plunket said.
Turners profit guidance up 8%
Turners profit guidance up 8%
Turners car auctioneers has upgraded its profit expectations by almost 8%, as car sales appear to gather more traction.
L&M buys out joint venture partner
L&M buys out joint venture partner
Hours after completing a successful almost $13 million takeover of dual-listed methane gas explorer L&M Energy, its owners bought out their Taranaki joint venture partner in a $664,000 deal, plus royalties.
L&M takeover triggered
L&M takeover triggered
Compulsory acquisition of methane gas explorer L&M Energy has been triggered, takeover instigator LME chairman Geoff Loudon yesterday attaining 90% of shareholder acceptances, a condition of his almost $13 million offer.
Big Sky expanding despite profit cut by half
Big Sky expanding despite profit cut by half
The United States-owned Big Sky dairy farm on the Maniototo has booked a more than 50% decline in profit, but is continuing to expand with acquisitions in the district and increases to its nearly $13 million herd.
Otago not following national trend
Otago not following national trend
Residential house sales nationally grew by more than 20% during 2012 and an acute supply and demand imbalance is likely to keep pushing prices up, particularly in Christchurch and Auckland.
Fifth quarter of pessimism outweighing optimism
Fifth quarter of pessimism outweighing optimism
Employment confidence remained flat and ''gloomy'' for the quarter to December, the fifth consecutive quarter of pessimism outweighing optimism.
Electronic cards spending on rise
Electronic cards spending on rise
Christmas electronic card spending made December the third consecutive month of increased retail spending and the highly competitive DIY suppliers Mitre 10 and Bunnings reflected gains of more than 9% in recent financial results.