Fonterra slashes payout - $714m less for NZ economy - New Zealand Investors - Share Market, Trading, Bonds.

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Fonterra slashes payout - $714m less for NZ economy

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11-21-2008	#1 (permalink)
TheInformant Senior Member Join Date: Dec 2006 Posts: 8,508	Fonterra slashes payout - $714m less for NZ economy The New Zealand economy, already struggling in recession, has been given a rude shock by our biggest exporter, as Fonterra today slashed its forecast payout by 60c per kilo of milksolids - which means $714 million less coming into... More...

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