Global Stories

Red Hat's hybrid cloud offerings in high demand

Red Hat's financial results for the quarter ended May 31 reveals strong revenue growth driven by demand for the vendor's hybrid cloud technologies.

By Catherine Knowles • 2 min read • Mon, 22nd Jun 2015

Contracts

Wynyard seeks $45 million in placement, share purchase plan to fund growth

Wynyard Group wants to raise $45 million in a discounted share offer to fund more staff and product development as it chases global growth.

By Pattrick Smellie • 2 min read • Tue, 9th Jun 2015

Rakon

Rakon back to profit

Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.

By Pattrick Smellie • 2 min read • Thu, 21st May 2015

Unified Communications

Data focus helps Vocus record 'significant' financial results

Vocus Communications reports strong FY2014 results with net profit up 53% to $13.6m and revenue up 38% to $92.3m.

By Staff Writer • 2 min read • Fri, 29th Aug 2014

Rakon

Sluggish first half pushes Rakon to $3.96M loss

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.

By Pattrick Smellie • 4 min read • Fri, 16th Nov 2012

Stories from Other Regions

Jade Software

Jade Software narrows FY loss as Master Terminal unit growth beats expectations

Jade Software narrowed its annual loss as revenue at its Master Terminal port management software grew at a faster pace than expected.

By Pattrick Smellie • 3 min read • Thu, 21st May 2015

NZOG says acceptances in Cue takeover lift holding to 27%, close to target

New Zealand Oil and Gas said acceptances under its hostile takeover offer for ASX-listed Cue Energy Resources lift its interest in the target company.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015

SLI Systems

SLI first-half loss widens by 75%, says cash burn easing

SLI Systems, the online retail search engine developer, widened its first-half loss by 75 percent as it chases growth in the US eCommerce market.

By Pattrick Smellie • 4 min read • Tue, 24th Feb 2015

Auckland Airport

Auckland Airport lifts annual profit guidance as 1H earnings rise 1.3%

Auckland International Airport, the country's major gateway, raised its expectations for annual profit after first-half earnings rose.

By Pattrick Smellie • 3 min read • Fri, 20th Feb 2015

Tui writedown turns NZOG to a first-half loss

New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015

Fintech

MARKET CLOSE: NZ shares resume rally led by MRP; Kathmandu tumbles

New Zealand shares rose, heading back toward a record high after a two-day slide, as investors regained their appetite for companies offering relat.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015

Smiths City

Smiths City more than doubles 1H profit on insurance payment

Smiths City Group, the Christchurch-based retail chain, more than doubled first-half profit as it recognised a $2.

By Pattrick Smellie • 2 min read • Mon, 22nd Dec 2014

New Zealand Dollar

Cavalier chair Alan James defends management, board to shareholders

Cavalier Corp chairman Alan James has defended his two-decade tenure as head of the carpet maker's board as shareholders questioned it poor financi.

By Pattrick Smellie • 3 min read • Tue, 25th Nov 2014

Cash flow

NZ dairy farmers strong enough to weather one bad season, RBNZ's Spencer says

New Zealand's dairy farmers have strong enough balance sheets to cope with one season of low payout, but could struggle if they have to tighten the.

By Pattrick Smellie • 3 min read • Wed, 12th Nov 2014

Capital Management

UPDATE: Infratil plans $120M return to shareholders; shares gain

Infratil shares rose to the highest in more than seven years after the infrastructure investor said it would return $120 million to investors via a.

By Pattrick Smellie • 3 min read • Tue, 11th Nov 2014

Health Technologies

MARKET CLOSE: NZ shares extend gains as NZOG signals capital return

New Zealand shares rose, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return.

By Pattrick Smellie • 3 min read • Tue, 4th Nov 2014

Small Business

Lower interest rates needed to save SME businesses

Lower interest rates are crucial to boost SMEs amid an uncertain economy, according to Bibby Financial Services Australia, as business credit falls by 0.3%.

By Staff Writer • 2 min read • Wed, 5th Dec 2012