Fonterra has named six candidates for its board at next
month's election and pressure has emerged to reduce the
number of directors.
State-owned farming company Landcorp is among the group of
previously ''mystery'' underwriters of a potential issue of
new shares in Silver Fern Farms.
The New Zealand median house price has hit a record $484,650,
including an Otago high of $280,000, as national September
sales swelled by almost 40% on a year ago.
The United States earning season ramped up this week with
many of the big financial names reporting results, Craigs
Investment Partners broker Chris Timms said yesterday.
The September quarter was one of the most volatile in some
time but the good news was the quarter was traditionally the
weakest of the year and was now behind us, Craigs Investment
Partners broker Chris Timms said.
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