Nuplex Industries cut the range for its full-year earnings guidance by about $11 million, saying Australia’s manufacturing slump has dented demand for its resins, specialty chemicals and plastic additive products. The shares dropped about 9 percent. Earnings before interest, tax, depreciation and amortisation are expected to be in the range of $124 million to $129 million in the year ending …

The ambitious growth strategy that has imperilled Solid Energy was developed on a far more optimistic outlook for oil and coal prices than its industry peers, but it had no analysis to back those views, Treasury papers released today under the Official Information Act show. The plans, which included converting low grade Southland coal to fertiliser and diesel, first appeared …

Summerset Group shareholder Quadrant Private Equity is selling down its 37.2 percent stake in the retirement village operator, taking advantage of the stock’s 34 percent advance this year. QPE Funds Management, the Quadrant unit that holds the shares, “is in the process of selling part of its shareholding,” Summerset said in a statement. QPE has asked Summerset to seek a …