TeamTalk, the owner of the CityLink fibre-optic broadband service, cut earnings guidance for a second time and is reviewing its management structure to try to bed in its Farmside Group acquisition. The Wellington-based company expects second-half earnings before interest, tax depreciation and amortisation a “little lower” than $5.14 million, having previously flagged a “modest lift,” it said in a statement. …

Cooks Food Group, a shell company whose shares haven’t traded the past four months, agreed to buy the franchise rights for Esquires Coffee Houses in many parts of the world. Cooks, which aims to become a global retail and supply chain business aligned with Esquires, agreed to pay Esquires founders Stuart and Lewis Deeks $300,000 in cash and an undisclosed …

Livestock Improvement Corp, which helped China’s Agria take control of PGG Wrightson in 2011 with a $10 million loan, is now providing its chief executive to run the New Zealand rural services company. Wrightson today named LIC’s Mark Dewdney as chief executive after George Gould resigned. He will take up the position starting on July 1. He ran LIC, a …