
Vulcan slashes dividend after 55% profit plunge
Vulcan blames high interest rates and inflation for its sharp fall in earnings.
Vulcan blames high interest rates and inflation for its sharp fall in earnings.
Codeshare means capacity on Tasman will remain limited.
Woolworths staff went on strike earlier this month.
The company has set a goal of being all-fibre by 2030.
The airline has faced mounting financial pressure and the outlook is gloomy.
But it has big plans for more data centre investment.
The Shareholders' Association says the Synlait recapitalisation plan will hit minorities.
Steel & Tube expects conditions to improve in 2025.
Financial Times: Chicken Soup fight's ugliness has shocked even distressed debt veterans.
Hurrell says earnings expected to be at the top end of forecast range.
PEP says it's no 'barbarian at the gate'.
'For our own professionalism and self-worth, it’s about delivering great results.'
Plus, My Food Bag earns chart of the week, reaction to Infratil story.
Complexity and scale meant immediate government intervention was required - Bayly.
Company reviewing charges for cruise ships being hit by other soaring costs.
There has been some buyer interest in it.
Plus: A pricing review is on the way.
Cash-strapped Synlait has outlined details of its plan to pay off debt.
Report went in last Friday, PwC says. Nothing has been released in public yet.
Power company Mercury NZ says pressure on the electricity system will remain.
Vital is due to deliver its full-year result next Tuesday.
Australian telco Optus has notified Sky of delays to its Optus 11 satellite.
Financial Times: Millions of jobs at VC-backed firms under threat.
Hydro volatility a major factor for Contact, Freightways hopes it has turned a corner.
The media company's results are due out this week.
Financial Times: Leap in number of large companies citing new tech as potential hazard.
A2 Milk expected to report a healthy gain in its annual net profit on Monday.
From Z Energy to data centres: Infratil's 18.7 per cent annual return journey.
Financial Times: New chief's move makes him one of America's best-paid bosses.
A2 Milk will make a one-off payment to Synlait of $24.75 million.