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Pattrick Smellie

Former TechDay team member

Read the latest stories by Pattrick Smellie across the TechDay network.

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Global Stories

Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says
Fintech

Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says

Xero boss Rod Drury says the accounting software developer has changed its tactics for hiring senior executives after the departure of a US chief exec.

By Pattrick Smellie • 5 min read • Fri, 1st May 2015
Xero shares extend decline, as investors digest FY, US CFO departure
Fintech

Xero shares extend decline, as investors digest FY, US CFO departure

Shares of cloud-based accounting software firm Xero have dropped to the lowest level as investors digest sudden departure of another US-based exec.

By Pattrick Smellie • 3 min read • Wed, 29th Apr 2015
Spark's market cap slips, as investors weigh increased competition
Unified Communications

Spark's market cap slips, as investors weigh increased competition

Spark has slipped from being NZ's largest listed company, as investors mull its transformation away from telecoms & the risk of increased competition.

By Pattrick Smellie • 3 min read • Fri, 24th Apr 2015
NZ food prices rise at fastest pace since 2011, led by rising fruit and veggie prices
Statistics NZ

NZ food prices rise at fastest pace since 2011, led by rising fruit and veggie prices

New Zealand food prices rose at their fastest annual pace in over three years in March, pushed higher by rising fruit and vegetable prices.

By Pattrick Smellie • 2 min read • Wed, 15th Apr 2015
While you were sleeping: JPMorgan Chase delivers
Wall Street

While you were sleeping: JPMorgan Chase delivers

Wall Street advanced, pushing the Dow and the S&P 500 higher, after JPMorgan Chase reported better-than-expected earnings and energy stocks rose with.

By Pattrick Smellie • 3 min read • Wed, 15th Apr 2015

Stories from Other Regions

NZ spending on credit, debit cards slips in April
Westpac

NZ spending on credit, debit cards slips in April

New Zealanders' spending on electronic cards fell in April, ending a streak of nine consecutive monthly gains.

By Pattrick Smellie • 2 min read • Mon, 11th May 2015
Warehouse posts 5% gain in 3rd-qtr sales, says FY profit on track
Noel Leeming

Warehouse posts 5% gain in 3rd-qtr sales, says FY profit on track

Warehouse Group posted a 5% gain in 3rd quarter sales which it said was in line with its expectations and meant it was on track to meet annual profit.

By Pattrick Smellie • 3 min read • Fri, 8th May 2015
Kim Dotcom's Mega deal falls through
Marketing Technologies

Kim Dotcom's Mega deal falls through

Mega deal falls through as TRS Investments fails to gain shareholder approval for NZX listing of cloud-based storage firm.

By Pattrick Smellie • 2 min read • Wed, 6th May 2015
Warehouse may offer $125M of 5-year fixed-rate bonds
Shares

Warehouse may offer $125M of 5-year fixed-rate bonds

The retailer may sell as much as $125 million of five-year bonds to refinance $100 million of bonds maturing next month.

By Pattrick Smellie • 1 min read • Tue, 5th May 2015
Pushpay to raise $13.8 million from shareholders
Payment Technologies

Pushpay to raise $13.8 million from shareholders

NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.

By Pattrick Smellie • 2 min read • Thu, 23rd Apr 2015
US burger demand bodes well for NZ beef farmers, economist says
Statistics NZ

US burger demand bodes well for NZ beef farmers, economist says

A trend towards eating out in the US, which saw sales at restaurants and bars overtake spending at grocery stores for the first time last month, bodes.

By Pattrick Smellie • 2 min read • Wed, 15th Apr 2015
NZ dollar jumps almost 1 US cent after US retail sales miss forecasts
New Zealand Dollar

NZ dollar jumps almost 1 US cent after US retail sales miss forecasts

The New Zealand dollar jumped almost one US cent overnight after US retail sales missed expectations, raising concern about slowing growth in the worl.

By Pattrick Smellie • 3 min read • Wed, 15th Apr 2015
MARKET CLOSE: NZ shares rise led by rebound in MRP
NZX

MARKET CLOSE: NZ shares rise led by rebound in MRP

NZ stock market ends on a positive note as MRP's rebound boosts shares from a 6-month low; Orion Health slumps.

By Pattrick Smellie • 3 min read • Tue, 14th Apr 2015
NZ dollar rebounds ahead of US data, dairy auction
New Zealand Dollar

NZ dollar rebounds ahead of US data, dairy auction

The New Zealand dollar rebounded ahead of US retail sales data and the latest dairy auction this week, having been driven lower in the wake of weak Ch.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015
Flurry of IPOs tipped for NZX in coming months, says Nikko Asset equities analyst
Fintech

Flurry of IPOs tipped for NZX in coming months, says Nikko Asset equities analyst

Kiwi investors can expect a strong pipeline of initial public offerings from New Zealand and Australian companies listing in coming months to take adv.

By Pattrick Smellie • 4 min read • Tue, 14th Apr 2015
Next Capital mulls possible IPO, trade sale for Vitaco
Vitaco

Next Capital mulls possible IPO, trade sale for Vitaco

The private equity owners of Vitaco Health Group, the trans-Tasman health foods manufacturer, are mulling a possible initial public offering or trade.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015
AMP Capital NZ taps fixed-income chief Grant Hassell as managing director
Leadership

AMP Capital NZ taps fixed-income chief Grant Hassell as managing director

AMP Capital New Zealand has named its head of fixed income, Grant Hassell, as managing director, replacing Graham Law, who departs after six years.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015
NZ Merino inks $8 million contract to supply US-based SmartWool
Partner Programmes

NZ Merino inks $8 million contract to supply US-based SmartWool

The New Zealand Merino Company, which markets the nation's wool to customers on behalf of suppliers, has inked an $8 million one-year deal to supply 6.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015