Naylor Love managing
director Trevor Kempton is to retire from his hands-on role
with the construction company at which he has worked for 23
A prolonged "stoush"
between Allied Farmers and Hanover Finance looks likely after
Allied yesterday refused to pay the $5 million that was part
of the agreement between the companies.
Telecom chairman Wayne Boyd earlier this week gave his
commitment to staying with the telecommunications company as
it goes through some tough times.
Fonterra shareholders have voted overwhelmingly in favour of
allowing share trading among farmer suppliers, effectively
moving the immediate prospective of a sharemarket float off
the co-operative's agenda.
Consumers do not have much to look forward to tomorrow as a
string of price and levy increases are brought in by the
The prospect of higher interest rates appears to have hit the
demand for new housing, which has continued to slow in recent
St Laurence investors would receive between 15c and 22c in
the dollar in the next 18 months, receivers said yesterday.
Google is great. Really? Latest data out of France appears to
contradict the popular view that Google is a good influence
on the internet.
Shareholder's are expected to support tomorrow's vote on the
third stage of Fonterra's capital restructuring and allow the
trading of shares between shareholders.
South Island retailer Smiths City yesterday reported a
significant turnaround in fortunes with its reported profit
rising nearly 62% to $1.64 million in the year ended April.
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