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Investment stories - Page 55

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NZ business confidence eases in December, still buoyant
Fri, 19th Dec 2014
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inflation
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property market
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investment
New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.
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ComCom pushes out final decision on Chorus copper line pricing
Fri, 19th Dec 2014
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uc
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chorus
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commerce commission
The Commerce Commission has pushed out the timeline for a final decision on what price Chorus can charge on its copper line network as it deals wit.
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UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going
Thu, 18th Dec 2014
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inflation
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oil and gas
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investment
New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.
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Tower talks down impact of Supreme Court valuation ruling
Tue, 16th Dec 2014
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shares
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Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.
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Meridian Energy abandons QLD hyrdo plans on 'puzzling' Australian stance
Fri, 12th Dec 2014
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cleantech
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nzx
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meridian energy
Meridian Energy, the partially privatised electricity generator and retailer, has abandoned plans for a Queensland hydro power project, blaming the.
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High Court turns down Kuwait Finance House claim over Canterbury funding
Thu, 11th Dec 2014
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investment
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court case
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money management
The Kuwaiti firm asked the court to uphold a ruling in the Bahrain Chamber for Dispute Resolution against Berkeley, California-based David Teece.
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GeoOp posts wider first-half loss as it chases global growth
Thu, 11th Dec 2014
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government
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nzax
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callaghan innovation
GeoOp, the small business app developer, widened its first-half loss as it spent more on product development and sales to chase global growth.
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NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake
Tue, 9th Dec 2014
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investment
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capital raising
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revenue
The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.
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Rubicon reiterates IPO plans for ArborGen, laments languishing share price
Fri, 5th Dec 2014
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investment
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shareholders
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bso
Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forest.
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RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne
Thu, 4th Dec 2014
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healthtech
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property market
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investment
Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.
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Spark warns of price rises after copper decision pushes up costs; shares fall
Tue, 2nd Dec 2014
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investment
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wholesale
Spark New Zealand, formerly Telecom Corp, is reviewing its prices, saying today's Commerce Commission draft decision on wholesale copper line prici.
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Abano agrees to sell orthotics business, taking 'small loss' against 2015 results
Tue, 25th Nov 2014
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healthtech
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investment
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m&a
Abano Healthcare sells its orthotics arm to private investors, accepting a small loss on 2015 results, steering focus towards dental growth.
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KiwiRail would allow Hawke's Bay council to lease Napier-Gisbourne line
Mon, 24th Nov 2014
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investment
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kiwirail
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moth
Kiwirail, the state-owned railroad, has conditionally agreed to lease the mothballed Napier-to-Gisborne line to Hawke's Bay Regional Council, effec.
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Serko widens 1H loss, boosts sales and staff
Thu, 20th Nov 2014
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serko
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sap
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resellers
Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.
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NZ expects to benefit from G20 commitment to lift economic growth
Mon, 17th Nov 2014
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productivity
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investment
New Zealand expects to benefit from commitments secured at the G20 Leaders' Summit, from the world's 20 biggest economies, to lift economic growth.
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CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild
Thu, 13th Nov 2014
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Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.
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Fonterra shareholders use AGM to flag concern over lower milk payout
Wed, 12th Nov 2014
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strategy
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transparency
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investment
Fonterra Cooperative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout, the dair.
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Veritas buys bar owner for $31.2M, 4th purchase in 18 months; shares jump
Fri, 7th Nov 2014
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shares
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veritas investments
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investment
Veritas Investments' acquisition spree continues, bagging The Better Bar Group for £31.2M, propelling its shares and promising revenue soar.
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MARKET CLOSE: NZ shares rise; MRP, Genesis, Meridian gain on dividends
Thu, 6th Nov 2014
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fintech
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financial systems
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supply chain
New Zealand shares rose, paced by Genesis Energy, Meridian Energy and MightyRiverPower as investors bet on a boost to dividend payouts by the state.
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RESEND: Goodman enters JV with Singapore's GIC for Viaduct Quarter development
Mon, 3rd Nov 2014
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partner programmes
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fletcher building
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investment
Goodman Property Trust, the country's largest listed property investor by market capitalisation, has entered into a joint venture with Singapore's.