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Shareholders stories

Mega's legal guns shoot down claims of 'content theft'
Marketing Technologies

Mega's legal guns shoot down claims of 'content theft'

Mega, the file storage firm, has hit back at claims it profits from 'content theft' in a report calling the allegations 'defamatory'.

By Pattrick Smellie • 2 min read • Fri, 15th 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
MARKET CLOSE: NZ shares fall led by Meridian; Fliway drops on debut
Supply Chain

MARKET CLOSE: NZ shares fall led by Meridian; Fliway drops on debut

New Zealand shares dipped, driven by Meridian's installment payment concerns, while newcomer Fliway Group fell below its offer price on its debut.

By Pattrick Smellie • 3 min read • Thu, 9th Apr 2015
Nuplex beefs up investment plans across Asia
Nuplex Industries

Nuplex beefs up investment plans across Asia

Nuplex Industries, the specialty chemicals manufacturer, is exploring more investment opportunities across Asia, having shifted its businesses away fr.

By Pattrick Smellie • 2 min read • Thu, 9th Apr 2015
Fonterra says its holding its own in Canterbury as farmer suppliers look to new processors
Fonterra

Fonterra says its holding its own in Canterbury as farmer suppliers look to new processors

Fonterra Cooperative Group, New Zealand's largest dairy processor, says it's holding its own in the dairy-intensive Canterbury region, despite reports.

By Pattrick Smellie • 4 min read • Tue, 31st Mar 2015
Kirkcaldie taps former chief Shewell as acting CEO while hunting Milford replacement
Shares

Kirkcaldie taps former chief Shewell as acting CEO while hunting Milford replacement

Kirkcaldie & Stains, the upscale Wellington department store, named former managing director Philip Shewell as acting chief executive while it searche.

By Pattrick Smellie • 2 min read • Tue, 31st Mar 2015
Failed Feltex case costs litigation funders $3.1M in costs, before disbursements
Lawsuit

Failed Feltex case costs litigation funders $3.1M in costs, before disbursements

Former directors of Feltex Carpets and promoters of its 2004 initial public offering have been awarded a scaled-up $3.

By Pattrick Smellie • 3 min read • Fri, 27th Mar 2015

Global Stories

Shareholders stories

EMC shareholders approve Dell merger with 98% of votes
Network Infrastructure

EMC shareholders approve Dell merger with 98% of votes

EMC have announced that its shareholders have approved the Dell merger agreement with 98% of voters in favour.

By Sam Worthington • 2 min read • Mon, 25th Jul 2016
Dick Smith shareholders told there's nothing in the bank for them
Dick Smith

Dick Smith shareholders told there's nothing in the bank for them

Dick Smith shareholders won't be recouping any of their investment, with administrators this week confirming the cupboards are bare.

By Heather Wright • 2 min read • Fri, 24th Jun 2016
Jade Software resilient through diversification and investment strategies
Software Development

Jade Software resilient through diversification and investment strategies

Jade Software has successfully gone global, using diversification and investment strategies that have paid off, the company reports.

By Sara Barker • 3 min read • Thu, 26th May 2016
Symantec CEO exits as company reduces revenue forecast
Cybersecurity

Symantec CEO exits as company reduces revenue forecast

Symantec chief executive Michael A Brown is exiting the company, with the vendor also revising its Q4 revenue forecast downwards by US$12 million.

By Heather Wright • 2 min read • Fri, 29th Apr 2016
Wynyard inks $27 million deal with national security bureau
Cybersecurity

Wynyard inks $27 million deal with national security bureau

The Auckland-based company will provide its security solutions to help the bureau solve high consequence crime, security and big data problems.

By Shannon Williams • 2 min read • Mon, 11th Jan 2016
CSC to acquire UXC in $428 million deal
IT services

CSC to acquire UXC in $428 million deal

CSC is in negotiations to acquire UXC in a $428 million deal which would create one of the region's largest IT services companies.

By Heather Wright • 2 min read • Tue, 6th Oct 2015
Mako Networks debts top $30 million; $25m deficit expected
Physical Security

Mako Networks debts top $30 million; $25m deficit expected

​Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.

By Heather Wright • 3 min read • Wed, 9th Sep 2015
Liquidators of China milk exporter may claw back $145,200 from Chinese directors
Inland Revenue Department

Liquidators of China milk exporter may claw back $145,200 from Chinese directors

Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015
Chatham Rock proposes reverse listing wider mandate
NZAX

Chatham Rock proposes reverse listing wider mandate

Chatham Rock Phosphate, which was turned down for a consent for seabed mining, has proposed a deal with associate Aorere Resources which would turn Ch.

By Pattrick Smellie • 2 min read • Thu, 2nd Apr 2015

Stories from Other Regions

Shareholders stories

Cirrus Networks revenue continues climb; company inks new deal
DataCentre infrastructure

Cirrus Networks revenue continues climb; company inks new deal

Cirrus Networks revenues for FY16 are up, but heavy investment has seen the company post a loss for the year. Meanwhile, it announces another new deal.

By Heather Wright • 2 min read • Wed, 31st Aug 2016