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21 Mar 2018 14:25
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  •   Home > News >  Subscribe to NZCity's Business articles  Business
    Fonterra posts $348m loss
     21 March 2018
    Fonterra has raised its milk price forecast, but taken a 36 per cent hit to normalised profit and made a first-half loss on the back of a $400m write-off.
    >> Read Article 

    Jones continues attack on Air NZ bosses
    21 Mar: Government minister Shane Jones has continued his attack on the management of Air New Zealand, saying its board no longer serves the country.... more
    Woman charged over $60k fraud
    21 Mar: The former financial manager of Raukura Waikato Social Services Trust has plead guilty to defrauding the entity of about $60,000.... more
    Synlait posts record first-half net profit
    21 Mar: Increased sales of its highest margin products has enabled Synlait Milk to post a record $40.7 million half year net profit after tax.... more
    Whole milk powder defies GDT dip
    21 Mar: Prices at Fonterra's GDT auction have dropped overall but the important whole milk powder price has bucked the trend.... more
    NZ shares down; Synlait, Fonterra fall
    20 Mar: New Zealand shares fall; Synlait, Fonterra fall ahead of dairy auction, earnings on Wednesday.... more
    NZ dollar pares gains in light trading
    20 Mar: NZ dollar pares gains in light trading ahead of the Federal Reserve's rates review.... more
    New Zealand bonds lose high-yield status
    20 Mar: New Zealand govt debt loses 'darling of the high-yield world' status as US Treasury yields climb.... more
    Councils dragged into CHH school case
    20 Mar: Carter Holt Harvey has won its bid to drag local authorities into its protracted leaky schools court case with the Ministry of Education.... more
    Kathmandu lifts profit, buys Oboz Footwear
    20 Mar: Kathmandu lifts first-half profit 23 per cent; sells shares to fund footwear business purchase.... more

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