Dene Mackenzie

View Genesis faces forecasts challenge

View Genesis faces forecasts challenge

Genisis Energy, the last of the government-controlled electricity companies to report its June results, faced a challenge to meet its forecasts, Forsyth Barr broker Andrew Rooney said yesterday.

The company declared an increased final dividend of 6.6c per share, taking the total dividend for the year to 13cps.

Who's running in The South?

Who's running in The South?

Fifteen registered parties and 554 candidates will contest this year's election, up from 13 parties and 544 candidates in 2011.

Christie's new role: enterprise required

Christie's new role: enterprise required

Chamber of Commerce chief executive John Christie is transferring his skills to the Dunedin City Council as its new Enterprise Dunedin director.

$692m deficit for NZ as exports drop

$692m deficit for NZ as exports drop

New Zealand's golden trade run has come to a sudden halt, with the July trade data released yesterday showing the first deficit since last October.

AIA profit in line with most forecasts

Auckland International Airport added a touch of realism to its profit forecasts after yesterday reporting a profit for the year ended June in line with most forecasts.

NZ Oil & Gas result better than expected

New Zealand Oil & Gas reported a flat operating profit for the year ended June but its profit before exploration expenses was up 12.4% to $76 million from $68 million in the previous period.

Brighter outlook for Tourism Holdings

Brighter outlook for Tourism Holdings

Tourism group Tourism Holdings Ltd, which has its roots in Otago, announced a much improved profit and outlook but chairman Rob Campbell says there is more to be done.

Uncertainty hinders Chorus

Uncertainty hinders Chorus

Lines company Chorus reported reduced profits for the year ended June, with chief executive Mark Ratcliffe saying the result was overshadowed by the ongoing uncertainty about sector regulation.

Conservatives sees shift in campaign momentum

Conservatives sees shift in campaign momentum

Conservative leader Colin Craig has spent about $3 million of his own money on the election so far but he is confident he will not run out of money before election day on September 20.

Considerable lift in profit for Heartland

Considerable lift in profit for Heartland

A large reduction in cash put aside for impaired assets allowed Heartland New Zealand to report a substantially improved profit for the year ended June.