Fletcher led the index higher as building consents point to increased activity.
Andrew Reding, previously a Fletcher divisional CEO and CEO of Graeme Hart’s packaging companies, will join the board this month.
Jarden analyst Grant Lowe describes Freightways’ result as ‘good in a tough environment’, with capacity the key factor to restore margins.
Power generator highlights renewable investment spending, says returns need to be higher.
One founding director, Carl Storm, is also leaving the board of the company ‘effective immediately’.
UPDATE: About $1 billion wiped off milk marketer's market capitalisation as investors react to challenging outlook for the coming year.
Listed casino operator will also record a $130m tax adjustment following changes to NZ legislation.
But board declines to give formal guidance due to ongoing volatility.
Synlait concedes A2 Milk was entitled to cancel the exclusivity in their supply deal; A2 Milk agrees to subscribe for shares in a Synlait capital raise.
Empire Capital wants to acquire 50.01% of listed communications provider at 34% premium to last closing price.
