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Jarden Corp. Q2 2008 Earnings Call

Thirdly we have the scale and purchasing power of the Fortune-500 company and can provide added value to our niche businesses, particularly compared to smaller competitors.

Finally, our disciplined approach passing some of these cost increases in pricing, helps drive the top line and protect the overall gross margin. The third area, I would like to touch on is balance sheet conservatism. Forbes ran an article on Jarden several years ago, highlighting our business as master of the mundane.

We believe that while fiscal conservatism may be boring or mundane, it provides a solid and reliable platform on which to grow market-leading businesses. We had an excellent cash flow during the quarter, with cash flow from operations of close to $100 million, which is particularly satisfying given with the second half of the year is our strongest cash flow period. more

Clayton Cosgrove’s speech to the Canterbury Export Awards 2008

It is always encouraging to see New Zealand businesses achieving success in the global marketplace.

Last year, my colleague Trade Minister Phil Goff spoke about Export Year 2007.
As a joint initiative between the Government and the private sector, it provided an important focus on exporting and the challenges that New Zealand faces.

The work continues for both government and business to build our economy into one that can successfully compete with the rest of the world.

The passing of the New Zealand China Free Trade Agreement in Parliament last week was an important development. China is the fastest growing major economy in the world, currently growing at 9.5 percent each year. China is already our third largest trading partner. Its middle class is now estimated to be more than 100 million people and growing – which will fuel the demand for New Zealand’s exports of goods and services. more

Australian Retail Sales Fall Most in Six Years as Lending Cools

Lending to consumers and businesses rose at the slowest annual pace last month in almost six years, according to a separate report by the Reserve Bank of Australia.

Consumers are cutting discretionary spending at department stores after being buffeted by record gasoline costs, rising food prices and Steven's decision to raise the benchmark interest rate to 7.25 percent in March, the fourth increase since August last year. Stevens said earlier this month there is a ``good chance'' the economy will slow enough to bring inflation back within his target range.

``The central bank has gone too far and should consider cutting interest rates,'' said Shane Oliver, chief economist at AMP Capital Investors in Sydney. ``I think they should cut rates by September. Inflation is yesterday's story.''

The two-year Australian government bond yield fell 3 basis points, or 0.03 percentage point, to 6.3 percent at 1:08 p.m. more

Forward Air Designated SmartWay(SM) Transport Partner by EPA

GREENEVILLE, Tenn., Jul 28, 2008 (BUSINESS WIRE) ----Forward Air, Inc. today announced that the Environmental Protection Agency (EPA) approved Forward Air, Inc. as a SmartWay Transport Partner, awarding the company the highest score possible. Forward Air joins a growing number of freight forwarders and logistics companies in the expedited shipping market that have committed to the SmartWay program in addition to other leading transportation companies and manufacturers.

The company received a Shipper Index Factor (SIF) of 1.25, the highest possible score awarded in the EPA's SmartWay program. The rating indicates that Forward Air is utilizing the most commercially available fuel savings strategies while actively evaluating additional savings methods and technologies that reduce fuel consumption or greenhouse gas emissions. more

Ivernia Inc. Completes Corporate Continuance Under the Canada

Ivernia's day-to-day business is unchanged, and the Company will continue to maintain an extra-provincial registration in Ontario, the location of its registered and corporate head office.

The CUSIP and ISIN numbers for the common shares of the Company remain the same after the continuation. The continuation is not a reorganization, amalgamation or merger and does not alter shareholdings of Ivernia's shareholders.

SOURCE: Ivernia Inc.

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