Wellington, July 7 NZPA - South Canterbury Finance is facing a credit ratings downgrade after news of a $37 million annual net loss, its first since 1934.

Wellington, Oct 10 NZPA - Stock broker Forsyth Barr is buying Munro Hubbard Ltd of Timaru for an undisclosed sum.

Wellington, Oct 10 NZPA - Broadway Industries is proceeding with a renounceable rights issue to existing shareholders to raise $8 million, but it changed the terms of the offer today.

Wellington, Sept 12 NZPA - Broadway Industries Ltd today reported a loss of $1.86 million in the year to June 30 compared to a profit of $1.17m in the same period last year.