2 Mar, 6:00pm
KiwiRail, the unprofitable government-owned rail operator, reported a 6 percent drop in first-half operating earnings on reduced freight volumes of coal, logs and dairy, and said it would still meet guidance for annual earnings to gain by almost
2 Mar, 5:55pm
Prime Minister John Key says it is "not the government's preferred option" to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists' questions at his weekly press conference on whether that migh
We are off and running in 2015. The world events have taken center stage and we have all been spectators. The major events have been: Paris The shocking events in Paris and the apparently related events of Brussels.... More »
HUB24 recently released a trading update for the three months ending 31 December 2014, with the key feature being continued strong inflows on both a gross and net basis. Specifically, the company reported that its Funds Under Administration (FUA) increased by 21.4 percent from $1,030.8 million as at 3Q14 to $1,251.4 million, with gross and net inflows for the period being $225.6 million and $189.7 million, respectively. Encouragingly for shareholders, the 4Q14 result represents HUB24’s fourth consecutive period of record gross and net inflows.