Simon Hartley

With first-half revenue up 7% and underlying after-tax profit above 6%, Freightways is painting a positive outlook for its full year 2017 result.

For the first time in five years the price of lamb has gone up from January to February, delivering farmers an unseasonal boost to earnings for this time of year.

Wind, waves and a lack of fish conspired against 240 salmon anglers on Dunedin’s harbour over the weekend,  but nine drummed up the luck required.

The union representing the majority of 362 Dunedin Cadbury staff set to lose their jobs by the start of 2018 has called for the public not to boycott Cadbury’s chocolate.

Hundreds of spectators enjoyed what has become the main pipe band event in the South Island, held in Dunedin during the weekend.

A decline in non-residential construction undercut Steel & Tube’s half-year profit by 33%, but large new contracts during second-half trading should see earnings buoyed.

The holiday season may have undermined a run of manufacturing expansion in the South during the past quarter, led into contraction in January by softening production and employment data.

Seven jobs will be lost when Sky TV closes its Dunedin branch in April.

Sky TV has confirmed the closure of its Dunedin office, adding to the city’s woes yesterday after Cadbury announced 362  redundancies.

Dunedin cancer diagnostic company Pacific Edge has been forced to go back to shareholders, raising an $8million cash injection; a scenario predicted late last year.

Infant formula maker A2Milk has more than tripled its half-year profit at $39million, after sales in New Zealand and Australia rose more than 60%.

Annual Otago house-price  increases continue to mirror the national 9% gain during the past year, while the separate Central Otago Lakes region surged 20%.

Buoyed global dairy prices and decreased production worldwide have prompted Canterbury-based Synlait to raise its 2016-17 forecast milk price by 25c, to $6.25.

Strong revenue from casino operator SkyCity’s Auckland operation underpinned an almost 20% profit gain for its first-half trading to December.

The disparity of more than 20c per litre  in petrol prices around the country has prompted Energy and Resources Minister Judith Collins to launch a study into fuel suppliers’ profit margins.

Takeover target telco TeamTalk's board has rejected Spark's takeover proposal, telling shareholders alternative offers may resurface with better, revised valuations.

Economists were buoyed by gains in Fonterra's overnight global dairy trade auction, maintaining their end-of-season forecasts above Fonterra's $6 farm gate milk price prediction.

Spark has launched a $22.7million takeover offer for ailing and indebted TeamTalk, but analysts see several hurdles to be overcome before it becomes a done deal.