Kathmandu Holdings rose to an all-time high as analysts upgraded estimates following the outdoor equipment and clothing retailer record full-year earnings and bullish outlook statement. Shares in Kathmandu touched a record $3.40, and were recently up 5.4 percent to $3.35, taking their gain so far this year to 60 percent. The shares gained 12 percent yesterday after the company reported …

Hansells Food Group breached a lending covenant with ANZ Bank New Zealand because of a loss of earnings at its Australian subsidiary stemming from a customer’s trademark dispute with another company. The Hansells unit had been making products for the customer under a brand which became the subject of a dispute and subsequently had “significant lost sales,” according to its …

Trade Me, New Zealand’s largest online auction site, wants to increase the pool of fees for its directors by 23 percent to accommodate paying for two director positions which were previously funded by Fairfax Media. The company will ask shareholders at its annual meeting in Wellington next month to increase the fee pool for its directors to $800,000 from $650,000, …