The biotechnology sector was the leading performer in the
Deloitte South Island Index in the three months ended
December, with Dunedin-based Pacific Edge making a
significant contribution to the index passing $10 billion in
value for the first time.
Apple, the manufacturer of iPhones and iPads, reported a
profit of $US1 billion a week in the first quarter of its
financial year but was still punished by investors
disappointed by the company not meeting targets.
United States investors are not naive when it comes to their
investments in oil and gas coverage, instead basing their
''rational expectations'' for future cash flows on all
possible scenarios, a new study says.