Recent Posts

APN boss Michael Miller returns to News, radio boss Ciaran Davis bumped upstairs

APN News & Media chief executive Michael Miller will leave the Australian owner of New Zealand media group, NZME, to head up the Australasian arm of News Corp’s empire, and will be replaced by the company’s top radio executive, Ciaran Davis. Miller’s resignation comes after he was appointed executive chairman of News Corp for Australasia, but he will stay with APN during …

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Landcorp says 2015 earnings ‘on track’ despite weaker dairy prices

Landcorp Farming, New Zealand’s largest corporate farmer, said it doesn’t need to downgrade earnings guidance in the wake of falling dairy prices, after sheltering from volatility by locking in a guaranteed price at the start of the season. Dairy product prices slipped in this week’s GlobalDairyTrade auction to the weakest level in almost six years. State-owned Landcorp in October cut its forecast for this year’s …

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Milford drops Mark Warminger from prospectus, Brian Gaynor picks up NZ equity role

Milford Asset Management has dropped veteran portfolio manager Mark Warminger from the investment team for its funds under management, according to an amended prospectus issued the same day it agreed to a $1.5 million settlement with the Financial Markets Authority over market manipulation. The amended prospectus, for the firm’s fundraising arm, Milford Funds Ltd, has been changed to show director and …

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