Stories by Pattrick - Page 43
Trustpower posts 16% gain in first-half profit, eyes Australian renewables
Mon, 3rd Nov 2014
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power / energy
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shares
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renewable energy
Trustpower, the energy company controlled by Infratil, posted a 16 percent gain in first-half profit after lifting retail electricity sales and sai.
Westpac NZ second-half earnings increase 3% on growth in financial services, home loans
Mon, 3rd Nov 2014
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endpoint protection
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edr
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mobile solutions
Westpac New Zealand, the local unit of Australia's Westpac Banking Corp, reported a 3 percent rise in second-half earnings on the back of strong gr.
CORRECT: Xero 3Q cash burn accelerates for a second quarter
Mon, 3rd Nov 2014
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accounting systems
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digital banking
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advertising
Xero, the cloud-based accounting firm, accelerated its quarterly cash burn in the September quarter from the June period as marketing spend and fit.
RIS shares face suspension over late annual report
Mon, 3rd Nov 2014
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shares
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shell
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trading
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.
NZ dollar jumps vs. yen after BoJ increases stimulus to boost inflation, growth
Mon, 3rd Nov 2014
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inflation
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kiwi
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growth
The New Zealand dollar jumped to a five-week high against the yen after the Japanese central bank unexpectedly expanded its monetary stimulus progr.
Countdown adds insurance services to supermarket offering
Mon, 3rd Nov 2014
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growth
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financial services
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phone
- Countdown, the New Zealand supermarket chain owned by Australian retailer Woolworths, is adding insurance services as it seeks to widen the offe.
CORRECT: China lifts temporary ban on Fonterra whey products but one by Russia remains
Sat, 1st Nov 2014
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nz
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nzx
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russia
Chinese authorities have lifted a temporary ban on the importation of Fonterra Cooperative Group's whey powder and dairy base powder used in the ma.
Has Trade Me founder invested in the next Xero...?
Fri, 15th Aug 2014
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digital banking
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accounting systems
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trade me
Sam Morgan, who made his fortune when Trade Me was sold to Fairfax Media, has built a substantial shareholding in security software developer Wynyard.
Google NZ ups Kiwi tax payment...
Tue, 24th Jun 2014
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government
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facebook
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google
Google is paying more tax in New Zealand than previously but its tax bill in 2013 isn’t likely to stress a company with US$15.42 billion of revenue globally in the quarter ended March 31, 2014.
Renaissance likely to miss $1 million earn-out from Yoobee School of Design sale
Fri, 30th May 2014
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apple
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technology gifts
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renaissance
Renaissance says it's unlikely to get a $1 million earn-out from the Yoobee School of Design because earnings are tracking below target.
Microsoft NZ / HP NZ results highlight move to cloud services
Thu, 29th May 2014
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microsoft
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cloud services
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hp
Microsoft NZ sees profit rise with cloud service demand, HP NZ battles losses amid falling PC sales, spotlighting industry's digital shift.
Renaissance capital return unlikely before June
Fri, 11th Apr 2014
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apple
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technology gifts
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renaissance
Renaissance Corp shareholders might wait until June for payouts following company liquidation discussions, amidst wrapping up affairs.
Retailers lagging other sectors in getting to grips with the Internet
Tue, 1st Apr 2014
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google
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telco
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retailers
NZ retailers trail in internet adoption, risking productivity, reports Internet NZ and Google study. Economy could gain £34bn with full potential utilised.
Appeal Court rules Dotcom search warrants valid
Wed, 19th Feb 2014
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government
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mega
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gcsb
Court Appeal finds Kim Dotcom's 2012 arrest warrants valid despite flaws, but illegal for NZ police to share cloned info with US FBI.
Chorus puts up proposal for copper line pricing
Mon, 17th Feb 2014
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broadband
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telco
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commerce commission
Chorus floats new approach on copper line regulation to the Commerce Commission, aiming to streamline cost evaluations and quell pricing disputes.
Apple NZ almost doubles profit... pays $3.9m tax
Wed, 5th Feb 2014
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smartphones
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apple
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technology gifts
Apple NZ's profits soar to $10.5m amid steady sales, despite paying just $3.9m in tax, amidst global scrutiny over tax practices.
Census data shows telcos losing out to data users
Wed, 5th Feb 2014
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uc
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voip
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smartphones
NZ's shift from landlines to mobiles rattles telcos, as census reveals deep cuts into traditional revenue streams.
NZ shares rise as Xero cracks $5 billion value
Sat, 11th Jan 2014
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accounting systems
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digital banking
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xero
New Zealand shares rose, led by Xero on optimism more investors will focus on the cloud-based accounting firm's growth potential.
NZ business confidence hits 15-year high
Thu, 19th Dec 2013
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ict
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inflation
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nz
New Zealand business confidence rose to its highest in almost 15 years this month, adding to evidence the economy is picking up pace.
Telecom sells AAPT for A$450M to TPG Telecom
Mon, 9th Dec 2013
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broadband
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nbn
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iinet
Country's biggest telecommunications company has sold its Australian AAPT unit for A$450 million to ASX-listed internet service provider, TPG Telecom, beating initial expectations of what the unit would go for.
Chorus won’t meet UFB, RBI contracts if copper prices cut, Adams says
Fri, 6th Dec 2013
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broadband
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government
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chorus
Chorus's ability to deliver national broadband at risk if wholesale copper prices are cut, warns Minister Amy Adams.
Can 2degrees block the 4G spectrum sale to Vodafone, Telecom?
Tue, 3rd Dec 2013
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broadband
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telco
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commerce commission
2degrees urges Commerce Commission to block 4G spectrum sale to rivals Vodafone and Telecom, fearing stifled competition.
Key hints at Chorus contract renegotiation
Tue, 3rd Dec 2013
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broadband
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government
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chorus
PM John Key hints at Chorus contract renegotiation amid a billion-dollar shortfall, ensuring ultra-fast broadband project's progress.
Chorus files High Court appeal over copper price ruling
Tue, 3rd Dec 2013
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broadband
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government
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chorus
Chorus appeals in High Court against Commerce Commission's copper pricing, challenging the narrow basis and its massive impact on its services.