Fisher and Paykel Appliances is expected to announce restructuring plans today - with speculation mounting Chinese manufacturing giant Haier is taking a 20% stake - and the whiteware manufacturer has also bought forward release of its full-year results 24 hours to today.
Indebted Australian waste services company Transpacific Industries, on a trading halt for the past 10 weeks, is expected to announce a capital-raising issue shortly, with speculation it will be seeking between $A800 million and $A1 billion ($NZ1.03 billion and $NZ1.27 billion) in coming weeks.
Canadian-listed Glass Earth Gold is stepping up its testing of one of four gold prospects near Poolburn in Otago's Ida Valley as it seeks to move from being an explorer to gold producer to underpin its future.
The fuel tanker Kakariki's departure from Dunedin was postponed 24 hours by a combination of a brief delay during checking fuel quality and missing the tide.
International Airport has downgraded its expected retail revenue - which generates about 25% of earnings - because of reduced passenger numbers and duty-free spending.
New Zealand has improved its world ranking for competitiveness, moving up three places to 15th out of 57 countries; largely based on its infrastructure and economic performance.
More than a third of 60 staff for Fisher and Paykel Appliances' new call centre have been hired and are expected to move into the whiteware manufacturer's new central Dunedin location next month.
The ANZ is being tipped to announce a more than $A1 billion ($NZ1.3 billion) capital-raising issue shortly, the only major Australian bank not to have done so in the past 12 months.
Western Australia and Queensland are being targeted by farmer-owned Ravensdown Fertiliser Co-operative as potential export markets, which could lead to a boost of 20,000 tonnes or more to phosphate manufacturing in Dunedin.
Cashed-up Australian supermarket giant Woolworths could buy Shell.
Southern oil exploration has taken a small step forward with Great South Basin permit holder OMV NZ Ltd placing weather data collection buoys off the coast of Dunedin this month.
Coal-seam gas has been identified this week in the first of a seven-hole test programme in Southland by listed explorer L&M Petroleum.
Nine unsecured creditors involved in the liquidation of Santa Sabina developer Gardens View Ltd are unlikely to see any of more than $176,000 owed to them.
Dunedin liquidators of failed private investment company Hurricane House are chasing money loaned to a listed Australian gold mining company and have sold an Auckland property on behalf of investors.
Dunedin investors in failed Hurricane House Ltd must now stand in line for $4.5 million after the collapse of Christchurch-based Fendal Finance Ltd with debts of more than $17 million.
Thirteen separate applications by Inland Revenue to place the companies of a North Island businessman in liquidation have been lodged with the High Court at Dunedin.
The Warehouse founder Stephen Tindall has raised his stake in Dunedin-based listed cancer-detection company Pacific Edge Biotechnology by $312,000. That follows a third capital-raising venture which could ultimately glean between $2.5 million and $3.35 million.
Southern house prices have taken another hit, with Otago and the Central Otago lakes regions prices declining respectively 5.8% and 11.8% on those for April last year.
Oceana Gold's share price has spiked more than 45% during the past month as the east Otago-based gold miner's share value continues its seesaw run of recent months.
Telecom delivered a strong third-quarter result yesterday, beyond expectations, with after-tax profit at $119 million, further boosted by a $40 million dividend from its 50% share in cable network Southern Cross.
