Latest news - Page 600
CORRECT: CDL Investments lifts full-year profit, dividend; shares at highest since 1987
Tue, 10th Feb 2015
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financial results
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money management
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hotels
Profit rose to $14.7 million, or 5.35 cents a share, in calendar 2014, from $13.4 million, or 4.92 cents, a year earlier.
NZ dollar may extend gains as traders question greenback's ability to keep rising
Tue, 10th Feb 2015
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microsoft
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google
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new zealand dollar
The New Zealand dollar may extend its gains, buoyed by a recovery in dairy prices, relatively high interest rates and questions about the greenback.
National 'won't walk away' from SkyCity convention centre deal, says Little
Tue, 10th Feb 2015
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government
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auckland council
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labour party
The government will do whatever it can to ensure the Auckland convention centre is built under a deal with SkyCity Entertainment Group, said Labour.
RESEND: NZ councils in good financial health with debt costs dropping but future funding still a concern
Tue, 10th Feb 2015
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risk & compliance
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local government
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risk management
A funding review of New Zealand local councils shows debt is less than forecast and all are operating within their financial covenants.
Spark's Revera sued by consultant claiming fee related to 2012 sale
Tue, 10th Feb 2015
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revera
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lawsuit
Revera faces a lawsuit from consultant Wilhelmus Giesbers, who alleges a missed USD $3.1 million commission from Revera's 2013 sale to Spark New Zealand.
NZ government names taskforce to slash property sector red tape
Tue, 10th Feb 2015
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physical security
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local government
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development
Paula Bennett, minister of local government, has appointed a rules reduction taskforce with the intent to slash regulatory red tape in the property.
Enprise could raise $4.8 million in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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fintech
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financial systems
Enprise Group, the software company that listed on the NZAX in December, may raise as much as $4.8 million in a share purchase plan to fund its expans.
Enprise could raise $4.8 mln in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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contact centre
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enprise group
Enprise Group plans to raise up to NZD $4.8 million through a share purchase plan, offering new shares to fund expansion and potential acquisitions.
Argosy buys 5 Wellington industrial properties for $59 million
Tue, 10th Feb 2015
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argosy property
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banking
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industrial
Argosy Property, the listed property investor, has spent $59 million buying five industrial sites in Wellington as part of a plan to reduce exposur.
Weirdly: First stop New Zealand, next stop the world
Tue, 10th Feb 2015
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cloud services
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websites
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recruitment
Weirdly, a cutting-edge recruitment platform focusing on cultural fit and core values, launches officially after rapid growth, eyeing global expansion.
NZ dollar rebounds to pre-OCR levels as higher yields lure investors
Tue, 10th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar has regained ground lost after the Reserve Bank moved its policy to neutral late last month, as investors are attracted to t.
iData Kiwi debts top $2 million
Tue, 10th Feb 2015
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emc
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idata
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insolvency
iData Resolutions, which crashed into liquidation last month, has debts of more than $2 million for the New Zealand operation according to the liquida.
ShareThePoint's Productivity Roadshow is coming to a town near you
Tue, 10th Feb 2015
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digital entertainment
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microsoft
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speakers
Discover how SharePoint can help your small to medium business. Join ShareThePoint for a free 2-hour seminar in March.
While you were sleeping: Uncertainty on the rise
Tue, 10th Feb 2015
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wall street
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thomson reuters
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industrial
Wall Street moved lower alongside European equities amid increasing concern about a standoff between Greece and its international creditors.
NZ dollar gains as Greek talks with eurozone officials eyed
Mon, 9th Feb 2015
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new zealand dollar
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kiwi
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currencies
The New Zealand dollar gained, clawing back much of the ground lost in the wake of a stronger-than-expected US jobs report as traders eye developme.
MARKET CLOSE: NZ shares fall; Spark, Precinct, Meridian decline as yield hunt wanes
Mon, 9th Feb 2015
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nzx
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air new zealand
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meridian energy
New Zealand shares fell from a record close paced by Meridian Energy, Precinct Properties New Zealand and Spark New Zealand, as the appetite for re.
UPDATE: Van Heeren's former business partner Michael Kidd seeks US$25M
Mon, 9th Feb 2015
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partners
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bso
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extend
South Africa-based Michael Kidd is seeking US$25 million from his former partner, high-flying businessman Alex van Heeren, who is disputing they ev.
Salt Funds emerges as one of the biggest holders of Methven with 7.8% stake
Mon, 9th Feb 2015
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shares
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fletcher building
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salt funds management
Salt Funds Management has cemented its position as a key player by acquiring a 7.8% share in Methven, betting on the company's growth.
Spark's Revera sued by consultant over $3.1 million commission fee
Mon, 9th Feb 2015
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uc
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revera
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telco
Revera has been sued by a consultant who claims he missed out on $3.1 million in commission fees when the business was sold to Spark New Zealand in 20.
MYOB continues its 'war on paper' for SMEs
Mon, 9th Feb 2015
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fintech
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financial systems
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accounting systems
MYOB boosts its digital armoury for SMEs by launching a complimentary 'smart bills' feature, enhancing its pursuit to eliminate paper.