Canterbury Finance chief executive Lachie McLeod appears to
be another casualty of recent troubles for the high-profile
Tower Ltd yesterday reported a profit after tax ahead of
market expectations and celebrated by increasing its final
dividend by a cent to 9c a share.
Finance Minister Bill English yesterday started softening New
Zealanders up for some more bad economic news which he is
already blaming on the previous Labour government.
Sir Ron Brierley's company, Guinness Peat Group,
could be the well-known and "trusted company" that was said
yesterday to be in the running to bid for the assets of
Hanover and United Finance.
Australian financier Resimac Ltd was yesterday
named as the new investor in Allied Farmers, as the
Taranaki-based company continues with its ambitious expansion
Aged care and retirement village operator Ryman Healthcare
yesterday reported a better-than-expected profit for the six
months ended September and celebrated by lifting its interim
The pick-up in population growth continues to fuel demand for
housing, just as it has done for the past six months, ASB
economist Jane Turner says.
Several changes are expected before Christmas to the
companies included in the NZX-50 index which is traditionally
tracked by many index funds.
More of us are planning to do Christmas shopping online this
Dunedin-based Motor Trade Finances has survived the two most
difficult years in its 39-year history, and has come through
in good shape, managing director Angus Bradshaw says.
cars for sale
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