KEY POINTS:
The top four business stories from nzherald.co.nz for Thu, Feb 12:
Market slams Fisher and Paykel on profit warning
The share market has come down hard on Fisher & Paykel Appliances - with its shares falling 40 per cent fter the company issued a profit warning today.
Freightways profits rise, revenue up 10pc
Freight and logistics company Freightways says its latest profits shows the resilience of its business model, though the impact of the recession is hard to predict.
Bad year for service industry
The service sector continued its expected contraction in January, but at a higher rate than many commentators had expected.
Builder calls for easier finance
A construction industry leader is warning of huge fallout from the building downturn and calling for action on many fronts.