Fonterra Co-operative Group Limited confirmed today that it is considering making an offer of $250 million of senior bonds to institutional investors and to New Zealand retail investors

Short headline:  Fonterra ponders bonds Tweet Fonterra Co-operative Group Limited has confirmed that it is considering making an offer of NZ$250 million of senior bonds to institutional investors and to New Zealand retail investors. In a statement to NZX Fonterra said full details of the offer will be released the week beginning 13 April 2015. The bonds are expected to …

'Unresponsive' PGC censured again by NZX Tribunal

Pyne Gould Corp, whose 2014 accounts are being looked into by the Financial Markets Authority, has been censured by the NZ Markets Disciplinary Tribunal for its second breach of corporate governance rules in recent months.The asset…

KiwiSaver: Women at home can still contribute

My wife and I both joined KiwiSaver. At that stage she was employed. She is no longer employed.Our family income consists of my salary plus interest on jointly held investments such as term deposits and savings accounts with savings…

Rates for US Treasury bills drop at weekly auction

WASHINGTON (AP) ” Interest rates on short-term Treasury bills fell in Monday’s auction.The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.020 percent, down from 0.035 percent last week.Another…

Viacom announces layoffs, $785M in expenses

NEW YORK (AP) ” Media giant Viacom Inc. on Monday announced a round of layoffs and restructuring that will result in it booking $785 million in special expenses in its recently ended quarter.A Viacom spokesman declined to say how…