NZX stories - Page 9
NZX ignores investor input with website changes
Fri, 5th Jul 2013
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nzx
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fairfax media
Changes to the New Zealand stock exchange website has frustrated investors, annoyed that their opinions weren't sought during the process.
IT issue halts NZX trading
Mon, 1st Jul 2013
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nzx
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stock exchange
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retail
NZX trading halted due to an IT issue, marking the second major outage this year as investigations are underway.
Wynyard Group sets $1.15 share price
Fri, 21st Jun 2013
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risk & compliance
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nzx
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wynyard group
The offer for shares is set to open on Monday 24 June and close on Friday 12 July ahead of a Friday 19 July listing on the NZX Main Board.
Wynyard seeks up to $70M to buy IP from Jade
Fri, 7th Jun 2013
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nzx
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wynyard group
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police
Wynyard Group aims to raise up to $70M in a stock exchange listing to buy its IP from Jade Software and fuel growth.
SLI Systems completes $27m IPO
Tue, 4th Jun 2013
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nzx
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sli systems
SLI Systems lists on NZX with a successful $27m IPO, receiving strong support and adding 620 shareholders, marking a new chapter for the firm.
Will Optimizer HQ go for NZX listing?
Mon, 27th May 2013
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nzx
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optimizer hq
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acquisition
New Zealand-based technology company announces plans to explore the prospect of listing on the New Zealand Stock Exchange (NZX), but will it happen?.
NZX kind of likes social media announcements
Mon, 22nd Apr 2013
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social media
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nzx
New Zealand listed businesses must make the NZX aware of company announcements via social media, differing from American protocol.
Capital needs loom for on board Wynyard Group
Mon, 15th Apr 2013
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fintech
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financial systems
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xero
Fast-growing Wynyard Group eyes capital for expansion, with new chair Murray Horn silent on NZ stock exchange listing. Growth demands loom.
Rakon cuts full-year guidance on delayed sales
Fri, 21st Dec 2012
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tax
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nzx
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rakon
Rakon slashes full-year earnings forecast to USD $8-12 million, down from USD $14-16 million, due to delayed sales and thinner margins; shares drop 2.4%.
NZX adviser cuts $10k settlement over dodgy Trade Me deal
Sat, 8th Dec 2012
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trade me
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nzx
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ipo
An NZX adviser will pay NZD $10,000 after exploiting a client to gain Trade Me shares during its IPO, violating trading rules and market watchdog sanctions.
Trade Me expects to meet dividend target
Wed, 31st Oct 2012
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trade me
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nzx
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christmas
Trade me said it will meet its prospectus forecast for dividends in the second half of the year though a hoped-for economic upturn hasn't materialised.
Windflow misses deadline for FY results, aims for Monday to avoid suspension
Fri, 14th Sep 2012
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nzx
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windflow technology
Windflow risks trading suspension after missing financial report deadline, citing director's absence. Vows Monday submission to avert NZX action.
Xero enters NZX 50
Mon, 18th Jun 2012
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saas
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fintech
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financial systems
Xero, the Kiwi cloud accounting firm, proudly steps into the NZX 50, marking a milestone in its journey since its 2006 inception.
Telecom to de-list from NYSE
Fri, 8th Jun 2012
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uc
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telstraclear
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nzx
Telecom to de-list ADRs from NYSE on 9th July, aiming to cut administration costs. Shares remain on NZX, ASX. Second-half EBITDA forecast at USD $560M.
Trade Me shares climb on IPO
Tue, 13th Dec 2011
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trade me
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nzx
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shareholders
Trade Me shares soar post-IPO, hitting $2.90 with predictions of reaching $3, as investors respond to the NZX launch.
Telecom, Chorus shares up
Wed, 23rd Nov 2011
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chorus
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nzx
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shares
Telecom and Chorus shares rose on their NZX debut as separate entities, with Chorus up 11.26% to NZD $3.27 and Telecom rising 4.28% to NZD $2.02.
Researchers endorse Trade Me IPO
Tue, 22nd Nov 2011
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trade me
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nzx
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asx
Woodward Research endorses Trade Me IPO, citing strong cash flows and profitability. The company to raise NZD $363.5 million from a 34% stake sale.
Tough times to drive cloud uptake
Tue, 9th Aug 2011
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datacentre infrastructure
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microsoft
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nzx
Financial uncertainty could drive businesses to embrace cloud tech, says an expert, as global stock markets react to the US credit rating downgrade.
Renaissance to re-acquire shares from former CEO
Mon, 18th Jul 2011
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nzx
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renaissance
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shareholders
Renaissance reclaims shares from ex-CEO Paul Johnston after a failed loan repayment, securing 604,470 shares worth nearly $100,000.
TechnologyOne counts eight new customers
Tue, 20th Apr 2010
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nzx
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technologyone
TechnologyOne secures eight major NZ customers, sealing deals worth millions over the past year, boosting its local workforce and outperforming rivals.