Shares in Oceana Gold have taken a hammering in recent days following release of an investor presentation last Friday which initially buoyed the stock.
China Resources has bought a $55.9million, 15.3% minority stake in 104-year-old Christchurch diversified agribusiness company Scales Corporation, from Direct Capital Investments Ltd.
The BNZ has raised the question of whether inflation concerns may yet drive the Reserve Bank to cut the official cash rate (OCR) to an unprecedented less than 2%.
Otago Southland has made strong gains in February in selected retail, accommodation and construction to head up the country's monthly performance of services index.
The imminent withdrawal of cement maker Holcim from Westport Coast has prompted Bathurst Resources to suspend operations at its contentious Escarpment mine atop the Denniston plateau.
Analyists are picking fourth-quarter gross domestic product (GDP) growth of 0.6%-0.7% will be announced later this week, largely buoyed by the construction and transport sectors.
Otago-Southland manufacturers repeated another month of "mixed results'', with February remaining in positive, expansionary territory, but easing back to 55.5 points from 56 in January.
Otago house sales in February continued "apace'', but with flat prices on a year ago, while in the separate Central Otago Lakes region prices climbed almost 14%, but with flat sales numbers.
The Warehouse has booked a gain of more than 30% in half-year after-tax profit, at $57million, the Red Sheds division having now recorded 20 consecutive quarters of same-store sales growth.
Oceana Gold has bought the gold exploration assets of Toronto-listed Antipodes Gold in the central North Island, with the latter still headed for its reverse takeover of Chatham Rock Phosphate.
Home values in numerous suburbs throughout Otago have continued to make quarterly and annual gains, pushing beyond barriers anywhere from $400,000 to more than $875,000.
The Reserve Bank announced a surprise 25 basis point cut to the official cash rate (OCR) to a record low of 2.25% yesterday, in the face of global and domestic volatility.
Otago's gross domestic product (GDP) rankings for 2015 are well down the list of those of the country's 15 provinces and a 2015 decline in agriculture was offset only by some construction sector gains.
Briscoe Group has posted an almost 20% boost in after-tax profits, to a record $47.1million, and it is not ruling out another takeover tilt at ailing Kathmandu.
Dunedin cancer diagnostic company Pacific Edge has reached an agreement with the Canterbury District Health Board, under which its non-invasive bladder cancer test could replace the more invasive, expensive and time-consuming cytology testing.
Port Otago has posted a softening in revenue and a profit dip, but will deliver 100% owner the Otago Regional Council a repeat $3.25million half-year interim dividend.
Manufacturing volumes across the country rose in the quarter to December, but a 4.8% decline in the value of meat and dairy saw overall values down 1.9% for the period.
Opposition parties have rounded on Fonterra, criticising its move to push out its payment times from 30 to 90 days for contractors.
Analysts are picking the timing of the Reserve Bank's expected official cash rate (OCR) cuts this year remain ‘‘finely balanced'', but with otherwise clear signals in the months ahead.
Shares in troubled Pumpkin Patch took a drubbing last week, after the market was reminded to expect results ‘‘significantly below'' a year ago.
