Farmers might have embraced Fonterra's increased payout
forecast this week, but brokers are more cautionary about its
performance with debt levels now above $7billion and the
dairy giant's ''ambitious targets'' during the next three to
Listed South Port was named the Westpac Supreme Award winner
at the Westpac Southland Business Excellence Awards last
night, having boosted cargo handling by 1 million tonnes over
six years and increased its workforce nearly 70%.
Indebted children's clothing retailer Pumpkin Patch is under
the blowtorch of its bank funders, deferring delivery of its
full-year report yesterday and warning of a
larger-than-expected loss for the year.