Kirkcaldie & Stains, Wellington’s upscale department store, has abandoned plans to split its retail and property businesses and reported a widening of its annual pre-tax loss. The Wellington-based company’s pre-tax loss more than doubled to $2.38 million in the 12 months ended Aug. 31 from $1.08 million a year earlier, it said in a statement. Still, the company posted a …

Hellaby Holdings, the conglomerate with interests ranging from footwear to oil and gas services, is still hungry for acquisitions after making two new investments this year, and sees future earnings growth in its rejigged portfolio. Chief executive John Williamson told shareholders at today’s annual meeting in Auckland that the company kicked off a reshaping of its investment portfolio in 2013 …

Port of Tauranga, the country’s biggest export port, expects annual earnings to be broadly in line with a year earlier, and has seen a lag in dairy shipments after the false botulism scare in August. The company forecasts annual earnings of between $77 million and $80 million in the 12 months ending June 30 2014, chief executive Mark Cairns told …