Dene Mackenzie

Pumpkin Patch profit jumps 50% to $14.3m

Pumpkin Patch profit jumps 50% to $14.3m

Children's clothing retailer Pumpkin Patch produced some impressive headline financial numbers in its profit report for the six months ended January 31, but admitted there was still some way to go before a full recovery.

Allied Farmers' shares trade as low as 8c

Allied Farmers' shares dropped to an all-time low yesterday following a disappointing half-year result and a ratings downgrade by Standard and Poor's of Allied Nationwide Finance Ltd.

Telecom trades at a record low

Investors deserted Telecom yesterday, forcing the shares down to a record low of $2.18 by mid-afternoon.

Site offers fresh avenue for personal exposure

Placed firmly in the "why would you do this" column comes Blippy which asks people to share their spending habits.

Property investors on notice

Property investors on notice

Tax changes around property ownership remains high on the list of things to do for Prime Minister John Key. Business Editor Dene Mackenzie reviews the latest developments.

Support for Hillside bid to build new train fleet

Local support is building for Hillside Engineering, in Dunedin, to bid to build a new fleet of trains for its owner KiwiRail.

Vodafone hoping to stimulate exodus from XT

Vodafone hoping to stimulate exodus from XT

Vodafone is today readying itself to capitalise on Telecom's ongoing XT mobile network woes by aggressively chasing consumer and business customers.

Forecasts revised: 12 up, nine down

Forecasts revised: 12 up, nine down

Forsyth Barr yesterday revised its company earnings per share forecasts as the major week of the current reporting season wound up.

Air New Zealand meets brokers' expectations

New Zealand's national carrier Air New Zealand met brokers' financial expectations when it yesterday reported its profit for the six months ended December 31.

Dumping XT brand may be best, prof says

Dumping XT brand may be best, prof says

It could be in Telecom's long-term interests to dump the XT mobile network brand and revert to Telecom, University of Otago Professor of Entrepreneurship Brendan Gray said yesterday.