Restaurant Brands, New Zealand’s largest fast food operator by sales, said third -quarter sales growth accelerated to 5.4 percent this year, compared with just 0.5 percent growth in the same period a year earlier. Sales rose to $76.2 million in the 12 weeks ended Dec. 2, from $72.2 million in the same period a year earlier, even as it had …

Fonterra Shareholders’ Fund units retreated to last year’s issue price after the dairy giant slashed its forecast dividend payments by two thirds and halved its earnings forecast, saying high milk powder prices haven’t been matched by cheese and casein. The units, which are entitled to dividends from Fonterra’s shares, dropped as low as $5.49, below last year’s $5.50 issue price. …

Fonterra Cooperative Group slashed its forecast 2014 dividend payment by two thirds, while keeping its targeted farmgate milk price at a record high, saying high milk powder prices haven't been matched by cheese and casein. The world's biggest dairy exporter cut its dividend forecast to 10 cents a share from 32 cents while keeping the milk price at $8.30 a …