Latest news - Page 599
Shanton administrator says troubled clothing chain has $4.4 million shortfall in assets to debt
Wed, 11th Feb 2015
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shanton fashions
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holiday pay
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liquidation
Shanton Fashion's debt crisis deepens, with a reported £4.4m asset shortfall as creditors face a dire decision.
CORRECT: Suncorp posts 15% gain in first-half profit; flags potential reinsurance impact
Wed, 11th Feb 2015
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tax
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insurance
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vero
Suncorp's half-year profit soars by 15%, yet cautions over potential £118m reinsurance hit from past natural disasters.
SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
Vista agrees to buy US-based Ticketsoft, extending North American footprint
Wed, 11th Feb 2015
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data analytics
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martech
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commerce systems
Vista Group International, the cinema software and analytics company, has conditionally agreed to acquire Ticketsoft, a Dallas, Texas-based company.
Qrious partners with Roy Morgan Research to provide insights into Kiwi market
Wed, 11th Feb 2015
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uc
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telco
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qrious
Qrious teams up with Roy Morgan to transform NZ market insights, merging cutting-edge analytics with detailed consumer profiling.
English sets May 21 for National's seventh Budget
Wed, 11th Feb 2015
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national party
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inflation
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recession
Bill English confirms 21 May for the Budget, eyeing stronger public finances amidst global fiscal uncertainties.
Too much uncertainty downs seabed phosphate mining plan
Wed, 11th Feb 2015
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chatham rock phosphate
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iwi
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extend
Chatham Rock Phosphate seabed mining initiative declined due to uncertain impact on marine environment, says EPA.
RESEND: ASB first-half cash profit rises 9%, as favourable funding conditions fatten interest margin
Wed, 11th Feb 2015
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cba
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asb bank
ASB, the local unit of Commonwealth Bank of Australia, posted a 9 percent gain in first-half cash profit and said favourable funding conditions all.
Delegat first-half operating profit rose 1% to $20.5 mln, reiterates full-year guidance
Wed, 11th Feb 2015
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shares
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delegat
Delegat Group, New Zealand's largest listed wine company, said first-half operating profit rose 1 percent and it's on track to meet guidance for fu.
Intranets need to respond to the digital workforce
Wed, 11th Feb 2015
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intranet
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elcom
The rise of the millennial workforce, remote working and the adoption of BYOD is shifting the focus back on the importance of the company intranet.
NZ retail spending on debit, credit cards rises 0.9% in January
Wed, 11th Feb 2015
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debit & credit cards
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spending
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transactions
New Zealanders increased their spending on debit and credit cards in January, led by consumables and durables, while spending on fuel fell for a th.
CORRECT: Augusta buys Christchurch industrial park $9.4 million
Wed, 11th Feb 2015
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shares
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augusta capital
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industrial
Augusta Capital has acquired a Christchurch industrial park for NZD $9.4 million, aiming to onsell the site through syndication.
Chatham Rock 'aghast' after EPA declines seabed mining consent; stock tumbles 95%
Wed, 11th Feb 2015
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government
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chatham rock phosphate
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epa
Environmental Protection Authority declines marine consent for Chatham Rock Phosphate, causing shares to plummet 95%.
Sky City 1H profit falls 11% as Adelaide weighs
Wed, 11th Feb 2015
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skycity
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new zealand dollar
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investment
Sky City Entertainment Group, New Zealand's only listed casino company, posted an 11 percent decline in first-half profit as it got less benefit th.
NZX's SuperLife may end up controlling unprofitable, cash-strapped Energy Mad
Wed, 11th Feb 2015
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energy mad
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superlife
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banking
SuperLife, the funds management firm acquired by NZX in December, may end up with a controlling stake in unprofitable lightbulb maker Energy Mad af.
Airwork affirms annual profit growth forecast; flags slowdown in helicopter trading
Wed, 11th Feb 2015
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shares
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airwork
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guidance
Airwork Holdings, the listed aviation business, still expects annual earnings to climb 48 percent this financial year even as a slowdown in helicop.
Mega trends boost unified communications market
Wed, 11th Feb 2015
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uc
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contact centre
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analyst report
Frost and Sullivan has identified ‘mega trends’ that will support unified communications (UC) market growth in the APAC region.
NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields
Wed, 11th Feb 2015
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.
While you were sleeping: Optimism for Greek debt deal
Wed, 11th Feb 2015
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exxon mobil
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economy
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industrial
Equities on both sides of the Atlantic advanced amid speculation Greece and its international lenders will reach a deal soon that would safeguard t.
Millennium & Copthorne lifts annual profit 11%, on the back of CDL gains
Tue, 10th Feb 2015
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shares
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stock market
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tourism
Millennium & Copthorne Hotels New Zealand, one of New Zealand's largest hotel operators, has lifted annual profit 11 percent and its dividend after.