Nona Pelletier
Wholesale trade rise in December quarter
Wholesale trade sales have risen. Official figures show seasonally adjusted total sales rose 0.3% in the three months to December, compared with the previous quarter. Audio
The Warehouse's first-half net profit fell
The Warehouse Group's first-half profit has sunk more than 26 percent and the discount retailer is blaming a number of factors including the weather. Audio
Card spending by overseas visitors rose 14% in February
Paymark says card-spending by overseas visitors rose 14 percent to 251-million dollars, last month. Audio
Midday Markets for 4 March 2015
For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital. Audio
No surprise Woolworths sold out of The Warehouse
An investor says it isn't surprising that Woolworths decided to sell its 8.8 percent stake in The Warehouse. Audio
Flick: major electricity players should split generation and retailing
One of the newest electricity retailers, Flick, is calling for the major players in the industry to separate their generation and retailing businesses. Audio
Electricity consumers spoiled for choice, most don't shop around
Consumers may be spoiled for choice with 21 electricity retailers vying for their business in a fiercely competitive market. Audio
Dairy prices consolidate in latest overnight auction
Dairy prices have consolidated in the latest overnight auction, but an economist says the key whole milk powder price looks set to meet the current forecast payout. Audio
Barfoot & Thompson sees a surge in new listings in February
Auckland's largest real estate agent says February was one of its busiest months, but a surge in listings of houses available for sale helped cap prices. Audio
Spark to sell Telecom Rentals to FlexiGroup for $106 million
Spark is selling Telecom Rentals to Australia's FlexiGroup for 106-million dollars. Audio
Review says electricity prices to weaken despire rising demand
The Electricity Authority says retail electricity prices are likely to weaken this year, even though demand is growing. Audio
Wellington Drive says 2015 might deliver a break-even result
Stronger demand from Latin America will be crucial to Wellington Drive Technology's hopes that it can deliver a break-even result this year. Audio
Business Briefs
Sky City Entertainment Group and the Government have extended the date for approving the preliminary design of the New Zealand International Convention Centre until the end of April. Audio
Contrasting results expected for The Warehouse and Briscoes
Contrasting results are expected when two of New Zealand's largest retailers report earnings results. Briscoe Group, which includes Briscoes Homeware and Rebel Sport, will report its full year result… Audio
Turners & Growers full-year net profit falls 2%
Turners and Growers' says 2015 is shaping up to be a much better year than last, which had been plagued by difficult international trading conditions, price pressures and lower export volumes due to… Audio
Mighty River sheds big customers
Mighty River has lowered the guidance on its underlying full year operating profit to between 480 and 500 million dollars. Audio
Sky TV's 1st half net profit up, but underling profit flat
Sky Network Television has lifted its half year profit, despite a loss of subscribers and greater competition in providing shows through the Internet. Audio
Fletcher Building sees tough Australian market conditions ahead
Fletcher Building is confident it can manage through tough trading conditions in Australia to meet its full year profit forecast. Audio
Fletcher Building's 1st half net profit falls
One off costs have knocked Fletcher Building's half year profit. Audio
Pacific brands makes first half loss
Pacific Brands has reported a loss of 108 point 7 million Australian dollars in the six months to December, primarily due to writedowns of its assets. Audio