Shares in Kathmandu Holdings slumped 8.7 percent, making them the worst performer on the benchmark NZX 50 Index, after the outdoor apparel and equipment retailer said its full-year earnings may decline as much as 15 percent as warmer weather crimps sales of cold weather products such as down jackets, fleece and thermals. The Christchurch-based company said earnings before interest and tax …

Queenstown Lakes District Council has advice its convention centre plan is legal and financially viable even though many other convention facilities are in various stages of development around the country. After spending $500,000 on ten reports over three years the council will consider a new report recommending it approve a council-led development on the Lakeview site at a full council …

Diligent Board Member Services, the governance app maker forced to restate its accounts, is expected to post weaker earnings than previously expected in the current financial year amid mounting costs, according to a Craigs Investment Partners analyst. The New York-based, NZX-listed company is expected to report earnings before interest, tax, demortisation and amortisation of US$19.1 million in calendar 2014, down from a …