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Ralph Norris to lead Fonterra board inquiry, helped by Judith Potter, Jack Hodder

Former Commonwealth Bank of Australia chief Ralph Norris is to lead Fonterra Cooperative Group’s board inquiry into the botulism contamination scare, helped by former High Court judge Judith Potter and Chapman Tripp lawyer Jack Hodder QC. home based business ideas Norris, an independent director of Fonterra, will lead a committee of six that Smell lighter work Walgreens. My the best …

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Fonterra says no signs yet of loss of business, too soon to count cost

Fonterra Cooperative Group hasn’t seen any signs of customers reducing their business and says it is too soon to say whether the costs of dealing with the contamination will result in a charge against earnings. Chief executive Theo Spierings told a conference call today that with listed units on the NZX, Fonterra has obligations to disclose any significant financial impact. …

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Vector may beat guidance for FY 2013, suffer 2014 earnings drop

Vector, the electricity and gas lines company, is likely to beat its guidance in 2013 with a modest uplift in operating earnings but 2014 results will fall as regulated price cuts bite and it sells less cheap Kapuni gas. The Auckland-based company said in February with the release of its first-half results that full-year earnings before interest, tax, depreciation and …

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