Dene Mackenzie

Retail, home decorating perform well

Retail, home decorating perform well

Otago-Southland continues to hold a lead over other New Zealand regions as retail and home decorating trades thrive in the latest Performance in Services Index, released yesterday.

Retail, home decorating perform well

Retail, home decorating perform well

Otago-Southland continues to hold a lead over other New Zealand regions as retail and home decorating trades thrive in the latest Performance in Services Index, released yesterday.

Otago economy performing well

Otago economy performing well

Otago continues to perform well on several economic measures, with employment remaining a key growth indicator for the region, ASB chief economist Nick Tuffley says.

Crown accounts nearing surplus

The Government could again be sneaking back into surplus territory after the latest Crown accounts showed the much-watched obegal falling to a deficit of below $1 billion in the six months ended January.

AIA outlook raised after results beat forecasts

AIA outlook raised after results beat forecasts

The financial results for Auckland International Airport ticked all the right boxes for Craigs Investment Partners broker Chris Times yesterday.

Spark dividend lift welcome

Spark dividend lift welcome

Spark's financial results for the six months ended December were below expectations but the lift in the dividend was welcome, Craigs Investment Partners broker Chris Timms says.

Diversity helps rubber results

Diversity helps rubber results

The diverse earnings base of Skellerup helped the company produce what chief executive David Mair described as a solid financial result for the six months ended December.

Meridian impresses with stronger result than expected

Meridian impresses with stronger result than expected

Meridian Energy wowed the market yesterday with an impressive financial result for the six months ended December.

Trade Me justifies operating expense impact on profit growth

Trade Me's financial results for the six months ended December were in line with expectations but reported profit growth was subdued due to significant growth in operating expenses, Craigs Investment Partners broker Chris Timms said yesterday.

Operating profit dip for NZX

Sharemarket operator NZX reported an operating profit of $24.6 million for the 12 months ended December, down on the previous year due to one-off costs associated with a large acquisition.