Ryman Healthcare, whose shares are sitting at a record high after climbing 56 percent this year, trading in the first quarter was in line with the retirement village operator’s target’s and ahead of the same period on 2012. “We have reviewed the first quarter’s trading, and I’m pleased to advise that we are ahead of last year, and trading in …

Methven, the tapware maker which posted a 20 percent drop in profit last year, expects solid sales and profit growth in the current financial year. Its shares rose 2.3 percent. “We are targeting solid sales and net profit after tax growth for the first half and full year of 2013/14,” chairman Phil Lough said in a statement for delivery to …

Cynotech Holdings is being liquidated following a takeover by 1980s high-flyer Allan Hawkins. Hawkins, the former head of Equiticorp which collapsed after the 1987 share-market crash, began winding down the listed company after taking control in 2010. Interim liquidators have now been appointed to the company by the Auckland High Court, following an application by Hawkins, the company said in …