Dunedin-based technology company ADInstruments has joined a
new tuition fund to train software developers and help
address the critical shortage of IT talent in New Zealand.
Auckland International Airport has lifted its full-year
profit forecast while delivering an improved result for the
six months ended December.
Skellerup Holdings had made a positive start to the financial
year as it drove earnings growth across both operating
divisions, chief executive David Mair said yesterday.
Port of Tauranga increased its interim dividend by 5% to 21
cents per share after reporting an operating profit of $66.7
million for the six months ended December, up 11% on the
previous corresponding period.
Meridian Energy delivered some more bad news for the
prospective Labour-Green government when it yesterday
delivered its first report since listing last year on the
Trade Me produced a weak result for the six months ended
December, with increased costs the main reason for the
disappointing figures, Craigs Investment Partners broker
Chris Timms said yesterday.
Contact Energy, which has hydro assets on the Clutha River,
produced a result which was a ''little disappointing'', in
the six months ended December, Forsyth Barr broker Andrew
Rooney said yesterday.
Investors reacted well to news yesterday Fisher & Paykel
Healthcare had raised its earnings guidance and would expand
its manufacturing facility in Tijuana, Mexico.
Telecom is expected to report an increased underlying profit
for the six months ended December, driven by significant cost
reduction work, Forsyth Barr broker Suzanne Kinnaird said.
It has proved a sensational summer for the Otago-Southland
service industry which led the country for activity in
January, following on from the success last week of its
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