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Wynyard hikes 2013 capital spending by up to 63%
Software-as-a-Service

Wynyard hikes 2013 capital spending by up to 63%

Wynyard Group ramps up 2013 capital spending by up to 63%, bringing forward staff recruitment and setting new expenditure targets to drive sales growth.

By Pattrick Smellie • 2 min read • Tue, 19th Nov 2013
Sky TV seals Vodafone resale and distribution deal
Unified Communications

Sky TV seals Vodafone resale and distribution deal

Sky TV has inked a deal with Vodafone, merging separate resale and distribution agreements, boosting Sky TV shares by 1.3% to NZD $5.30.

By Pattrick Smellie • 1 min read • Thu, 22nd Aug 2013
Rakon's Robinson brothers to sell shares following breach
Rakon

Rakon's Robinson brothers to sell shares following breach

Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.

By Pattrick Smellie • 2 min read • Thu, 1st Aug 2013
SLI Systems launches IPO
Software-as-a-Service

SLI Systems launches IPO

Christchurch IT company is to offer New Zealanders the opportunity to share in the rapid growth of online commerce.

By Staff Writer • 3 min read • Wed, 15th May 2013
Google NZ workers keep pace as online ad sales grow
Marketing Technologies

Google NZ workers keep pace as online ad sales grow

Search giant stacked on workers last year to keep pace with an online advertising market that's growing at the expense of newspapers and television.

By Pattrick Smellie • 3 min read • Wed, 8th May 2013
No sales no gains as Oracle misses Q3 targets
Data Analytics

No sales no gains as Oracle misses Q3 targets

Software maker blames an expanding salesforce for a pretty big miss during third-quarter software sales, does this mean a resounding boost during Q4?.

By Staff Writer • 2 min read • Fri, 22nd Mar 2013
Trade Me sells Treat Me after two-year experiment
Trade Me

Trade Me sells Treat Me after two-year experiment

Trade Me is offloading its group-buying site Treat Me, with a management-led consortium set to take control next month for an undisclosed sum.

By Pattrick Smellie • 1 min read • Thu, 7th Mar 2013
Mobile business props up dwindling Telecom sales
Unified Communications

Mobile business props up dwindling Telecom sales

Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.

By Pattrick Smellie • 4 min read • Fri, 22nd Feb 2013

Stories from Other Regions

NZX trading volumes rise in October, boosted by smaller value trades
Shares

NZX trading volumes rise in October, boosted by smaller value trades

The volume of trades on the New Zealand stock exchange increased in October, boosted by a rise in lower value equity transactions and more trading.

By Pattrick Smellie • 2 min read • Wed, 5th Nov 2014
Pyne Gould shares resume trading after filing late annual report
PwC

Pyne Gould shares resume trading after filing late annual report

Shares of Pyne Gould Corp, which is controlled by managing director George Kerr, have resumed trading after filing its late annual report, which wa.

By Pattrick Smellie • 3 min read • Mon, 3rd Nov 2014
Trustpower posts 16% gain in first-half profit, eyes Australian renewables
Power / Energy

Trustpower posts 16% gain in first-half profit, eyes Australian renewables

Trustpower, the energy company controlled by Infratil, posted a 16 percent gain in first-half profit after lifting retail electricity sales and sai.

By Pattrick Smellie • 3 min read • Mon, 3rd Nov 2014
CORRECT: Xero 3Q cash burn accelerates for a second quarter
Fintech

CORRECT: Xero 3Q cash burn accelerates for a second quarter

Xero, the cloud-based accounting firm, accelerated its quarterly cash burn in the September quarter from the June period as marketing spend and fit.

By Pattrick Smellie • 2 min read • Mon, 3rd Nov 2014
RIS shares face suspension over late annual report
Shares

RIS shares face suspension over late annual report

RIS Group, the NZAX-listed shell company, has until the end of the week to file its annual report with NZX or its shares will be suspended from tra.

By Pattrick Smellie • 1 min read • Mon, 3rd Nov 2014
Strong Serko IPO demand sees early public pool closure
Serko

Strong Serko IPO demand sees early public pool closure

Serko closes public pool of its retail share offer early due to high demand, will allocate shares to institutions and public.

By Staff Writer • 1 min read • Tue, 10th Jun 2014
Kiwi firm Serko announces IPO
Serko

Kiwi firm Serko announces IPO

Kiwi firm Serko announces IPO to fuel growth ambitions, offering NZD $17 million in new shares. Listings open 4 June for NZX and ASX investors.

By Staff Writer • 3 min read • Mon, 26th May 2014
Rakon's Robinson brothers sell shares following breach
NZX

Rakon's Robinson brothers sell shares following breach

Rakon managing director Brent Robinson and his brother, executive director Darren Robinson forced to sell shares after a telling off by the Takeovers Panel.

By Pattrick Smellie • 2 min read • Wed, 18th Sep 2013
Sell, Sell, Sell…Chorus shares?
Chorus

Sell, Sell, Sell…Chorus shares?

Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.

By Staff Writer • 1 min read • Mon, 24th Jun 2013
Fronde's financials in full-flow
Data Analytics

Fronde's financials in full-flow

ANZ tech firm Fronde posts strong growth with FY13 revenue up 25.8% to AUD $59.9m and net profit soaring by 145% to AUD $2.7m, driven by cloud expansion.

By Staff Writer • 2 min read • Mon, 27th May 2013