Shareholders stories - Page 3
Mako Networks debts top $30 million; $25m deficit expected
Wed, 9th Sep 2015
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physical security
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email security
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mako networks
Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.
Martin Jetpack reviews ASX listing as Chinese investor commits A$50M
Fri, 19th Dec 2014
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surveillance
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callaghan innovation
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ipo
New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public.
Changes at board level as Telecom director retires...
Mon, 9th Jun 2014
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uc
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chorus
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leadership
Kevin Roberts has retired as non-executive director from the Board of Telecom after six years, with Ido Lefler stepping in.
Rakon braces itself for $54m loss
Fri, 6th Sep 2013
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rakon
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shareholders
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managing director
Rakon faces a staggering USD $54 million net loss for 2014 due to a USD $37 million write-down on its Chinese investment, causing shares to plummet 8.7%.
Rakon's Robinson brothers to sell shares following breach
Thu, 1st Aug 2013
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rakon
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shares
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shareholders
Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.
NZ-owned Fronde acquires Aussie OnlineOne
Wed, 1st May 2013
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it services
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support
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fronde
Wellington-based ICT company says deal will allow leverage of NetSuite capability into the New Zealand market.
Depressing Dell makes private case
Wed, 3rd Apr 2013
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network infrastructure
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shareholders
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dell technologies
Company issues 274-page filing showing bleak prospects for business - its strongest case yet for accepting a US$24.4 billion offer to go private.
Dell considers rival bids
Tue, 26th Mar 2013
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network infrastructure
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shareholders
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dell technologies
Dell's board evaluates separate takeover proposals, deciding which could beat an existing US$24.4 billion take-private deal.
Mobile business props up dwindling Telecom sales
Fri, 22nd Feb 2013
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uc
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network infrastructure
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southern cross cable
Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.
Privacy push drops Dell's profits
Wed, 20th Feb 2013
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network infrastructure
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microsoft
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shareholders
World's third largest PC maker reports a 31% drop in profits, amid Michael Dell's attempt to take the company private.
Dell defends shareholder privacy offer
Tue, 12th Feb 2013
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network infrastructure
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board of directors
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shareholders
Company fights back against shareholders who have questioned it's Us$13.95-a-share bid to take the firm private.
HP's woe after nine year low
Thu, 4th Oct 2012
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hp
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wall street
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r&d
Hewlett-Packard's stock plummeted to a nine-year low as CEO Meg Whitman stated 2013 will be a fix and rebuild year for the struggling tech giant.
Telecom to extend smartphone network by xmas
Tue, 2nd Oct 2012
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uc
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kpmg
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shareholders
Telco firm to begin rolling out dual-carrier HSDPA to New Zealanders by Christmas as shareholders re-elect directors to the board.
Facebook stock falling fast
Fri, 17th Aug 2012
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facebook
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shares
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investing
Early investors of the social networking site appear to be cashing in during their first chance to sell their stock, causing an all-time low in the market.
Facebook shares falter for second straight day
Wed, 23rd May 2012
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facebook
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financial results
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shareholders
Facebook shares fall for second day as criticism grows over handling of IPO, with analysts predicting further drops.
Fibre Watch: We're in the money
Thu, 15th Sep 2011
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chorus
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shareholders
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telecom
Telecom's hefty split plan spills benefits worth £380m, sparking a buzz among shareholders ahead of October's decisive vote.
Intel confirms Infineon deal
Wed, 1st Sep 2010
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wireless networks
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customers
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wifi
Intel confirms a USD $1.4 billion deal to acquire Infineon's Wireless Solutions Business, aiming to boost its mobile and embedded product offerings.