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Infratil forecasts rise in earnings

Infratil forecasts rise in earnings
Wellington, May 18 NZPA - Infrastructure investor Infratil has turned around its performance to post a $29 million net profit after last year's $191 million loss, and the new half-owner of Shell's local fuels business said it expected underlying earnings to improve this year as it sticks to conse

Infratil rises after Shell acquisition, market gains

Infratil rises after Shell acquisition, market gains
Wellington, March 29 NZPA - Shares in infrastructure investor Infratil rose 3c to 168 today on news the company, in a 50/50 consortium with the New Zealand Superannuation fund, has finalised the purchase of Shell New Zealand's downstream assets.

NZ Sharemarket Flat Early

NZ Sharemarket Flat Early
Wellington, Jan 15 NZPA - Shares in the New Zealand Refining Co rose 3 percent in early trading as they continued to edge away from a 4-1/2-year low touched earlier this month. Shares in the oil refiner were up 11c to 384 after dropping as low 355 on January 6.

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