Hallenstein Glasson, which runs the clothing chains that make up its name, lifted first-half profit 15 percent with a “robust” sales period in New Zealand. The Auckland-based company said net profit will be between $10.3 million and $10.5 million in the six months ended Feb. 1, from $9 million a year earlier. That’s just ahead of Forsyth Barr’s forecast of …

Michael Hill International, the jewellery chain that bears its founder’s name, posted a 5.9 percent gain in first-half profit on Australian sales growth and said it is still battling tax departments on both sides of the Tasman over its 2008 restructuring. Net profit rose to $27.8 million, or 7.23 cents per share, in the six months ended Dec. 31, from …

The New Zealand Superannuation Fund sold 7.6 percent of Auckland International Airport for a 6 percent discount, raising $276 million and benefiting from a share price near a five-year high. The selldown was initiated by Morrison & Co Funds Management, which managed the investment for the fund. The sale was managed and underwritten by UBS New Zealand. The shares were …