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Shares stories - Page 10

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Wynyard hikes 2013 capital spending by up to 63%

Tue, 19th Nov 2013
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Wynyard Group ramps up 2013 capital spending by up to 63%, bringing forward staff recruitment and setting new expenditure targets to drive sales growth.
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Rakon's Robinson brothers sell shares following breach

Wed, 18th Sep 2013
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Rakon managing director Brent Robinson and his brother, executive director Darren Robinson forced to sell shares after a telling off by the Takeovers Panel.
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Sky TV seals Vodafone resale and distribution deal

Thu, 22nd Aug 2013
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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.
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Rakon's Robinson brothers to sell shares following breach

Thu, 1st Aug 2013
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Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.
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Sell, Sell, Sell…Chorus shares?

Mon, 24th Jun 2013
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Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.
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Fronde's financials in full-flow

Mon, 27th May 2013
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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.
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SLI Systems launches IPO

Wed, 15th May 2013
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Christchurch IT company is to offer New Zealanders the opportunity to share in the rapid growth of online commerce.
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Google NZ workers keep pace as online ad sales grow

Wed, 8th May 2013
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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.
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No sales no gains as Oracle misses Q3 targets

Fri, 22nd Mar 2013
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Software maker blames an expanding salesforce for a pretty big miss during third-quarter software sales, does this mean a resounding boost during Q4?.
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Trade Me sells Treat Me after two-year experiment

Thu, 7th Mar 2013
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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.
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Mobile business props up dwindling Telecom sales

Fri, 22nd Feb 2013
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Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.
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Major Rakon investor halves stock

Mon, 18th Feb 2013
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Harbour Asset Management reduces shareholding from 9.04% to 5.15% following cuts to the company's annual earning guidance.
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JB Hi-Fi sees first-half NZ sales fall 6%

Tue, 12th Feb 2013
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New Zealand sales fell 6 percent in the first half from a year-earlier result boosted by the 2011 Rugby World Cup.
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Rakon cuts full-year guidance on delayed sales

Fri, 21st Dec 2012
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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%.
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NZX adviser cuts $10k settlement over dodgy Trade Me deal

Sat, 8th Dec 2012
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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.
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November net worth increases $3.5 billion for Zuckerberg

Mon, 3rd Dec 2012
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As Facebook comes under criticism for low tax payments in NZ, company stock increases by nearly US$7 a share during November.
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US investors pour $82M into Xero

Mon, 3rd Dec 2012
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Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.
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Sluggish first half pushes Rakon to $3.96M loss

Fri, 16th Nov 2012
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A sluggish first half saw Rakon's six-month loss widen to USD $3.96M, with falling revenues and rising expenses. Shares dropped 4.4% to 43 cents.
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Rakon to cut 60 NZ jobs

Tue, 6th Nov 2012
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Rakon to cut 60 New Zealand jobs, shifting manufacturing to China and India to cut costs and improve profits by NZD $10 million annually.
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Investor sells US$81m of Facebook stock

Fri, 2nd Nov 2012
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Early Facebook investor Jim Breyer has offloaded USD $81 million in stock, selling over 3.5 million shares amidst the company's recent 19% stock price rise.