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JB Hi-Fi sees first-half NZ sales fall 6 percent from RWC boom, profit gains

Australian discount consumer electronics chain JB Hi-Fi’s New Zealand sales fell 6 percent in the first half from a year-earlier result boosted by the 2011 Rugby World Cup, though it still managed to lift profit. Sales fell to $117.5 million in the six months ended Dec. 31 from $124.9 million a year earlier, the ASX-listed company said in a statement. …

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Receivers in talks over potential sale of all or part of Mainzeal’s business and assets; some redundancies to urgently conserve cash

internet jobs from home p>PwC Partners Colin McCloy and David Bridgman say they are in talks with potential acquirors for all or part of Mainzeal”s business and assets. “We are currently in talks with some parties interested in buying the business and assets of Mainzeal, either as a whole or by segment. We understand the importance of a prompt and …

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Lender runs out of patience, seeks $500k loan repayment from Allied Farmers

Allied Farmers says it won’t be able to repay a $500,000 loan without support from its secured lender and may have to write off the asset it had planned to sell to make the payment. The Hawera-based company says it is “very surprised” by the statutory demand for payment of the loan plus interest of about $40,000 within 15 working …

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