Accreditation big step for Southeast Asia push
Accreditation big step for Southeast Asia push
Bladder cancer diagnostic company Pacific Edge will get accreditation for its Dunedin laboratory that could enable expansion into Southeast Asia.
Simon Hartley
South listed companies rise by 0.8% in flat year
South listed companies rise by 0.8% in flat year
The Deloitte South Island Index of listed companies has reported a flat past 12 months, undermined by plunging share price performances of leisure retailer Kathmandu, Dunedin cancer diagnostic company Pacific Edge and Synlait Milk.
Shell may be looking at drilling in GSB
Shell may be looking at drilling in GSB
Oil and gas joint venture partners Shell and OMV may be undertaking deepwater drilling with an exploration well in the Great South Basin (GSB) before the end of the year.
Several factors pulling down value of FSF units
Several factors pulling down value of FSF units
The value of units in the listed Fonterra Shareholder Fund (FSF) continue to plumb new lows, having struck $5.04 during the week, before retracing to about $5.15 yesterday.
Southern manufacturing strong but dollar strength a worry
Southern manufacturing strong but dollar strength a worry
Positive and stable is the description for Otago-Southland's manufacturing activity during March, the second-highest in the country and well ahead of the national value.
Carl's Jr a drag on Restaurant Brands' profit
Carl's Jr a drag on Restaurant Brands' profit
Restaurant Brands has posted an almost 20% improvement in full-year profit to $23.8 million, but costs associated with the establishment of Carl's Jr have been problematic.
Oceana likely to beat expectations
Oceana likely to beat expectations
Oceana Gold is being picked in the top echelon of 14 Australasian gold producers who are about to report first-quarter trading.
House sales reach eight-year high
House sales reach eight-year high
National house sales swelled 20% during March to 8803 across the country, the highest number for any month for almost the past eight years.
Scott Tech profit up; US push begins
Scott Tech profit up; US push begins
Dunedin-based Scott Technology has reported a 40% improved profit to $1.14 million, and is to launch an unspecified capital raising in coming months.
'Perfect' conditions bring out all the quarter milers
'Perfect' conditions bring out all the quarter milers
A perfect day for organisers turned into an exceptional day for the overall winner of the annual Lawrence quarter mile sprints on Saturday, in front of about 500 spectators.
Ice show tops acts at Regent
Ice show tops acts at Regent
Dunedin's growing status as a favoured destination for headline entertainment acts has been further underpinned by the Regent Theatre's confirmation it will host 10 international shows this year.
Smelter's future seems more uncertain
Smelter's future seems more uncertain
The future of New Zealand Aluminium Smelters at Tiwai Point near Bluff has been thrust back into the limelight in a report by the Ministry for Business, Innovation and Employment.
IRD claim
IRD claim
Inland Revenue has lodged a claim for $188,000 for unpaid GST and PAYE payments in the liquidation of the company of the former lessee of the Law Courts Hotel in Dunedin.
Variable currency exposure hit profit
Variable currency exposure hit profit
Dunedin company Scott Technology is one of more than 20 which could face an earnings rerating by stockbrokers, because of its exposure to the weak Australian dollar.
Rerating likely on Australian income
Rerating likely on Australian income
Earnings downgrades could be looming for a variety of listed companies with large exposure in Australia, given the ongoing strength of the New Zealand dollar against its transtasman counterpart.
Fonterra fund units fall
Fonterra fund units fall
Units in the listed Fonterra Shareholders' Fund have fallen 33% to a record low of $5.42, despite the low payout forecast for farmgate milk.
Oceana update positive
Oceana update positive
Crucial copper extraction by Oceana Gold at its Philippines operations appears set to continue to underpin its balance sheet, with prices picked to be on the upswing.
RBA leaves rate unchanged
RBA leaves rate unchanged
The Reserve Bank of Australia (RBA) has left its official cash rate unchanged at 2.25%, immediately putting some distance between the New Zealand and Australian dollars reaching 1:1 parity.
Oil and gas industry locked into programmes
Oil and gas industry locked into programmes
New Zealand's oil and gas industry has consolidated some exploration plans in the face of wilting global oil prices, but largely remains locked into programmes worth hundreds of millions of dollars.
Industry sees need for community engagement
Industry sees need for community engagement
An outlook on the next 10 years for oil and gas exploration and production in New Zealand centred on regulatory and environmental issues, with an emphasis on community engagement.