Telecom and Chorus shares rose on their NZX debut as separate entities, with Chorus up 11.26% to NZD $3.27 and Telecom rising 4.28% to NZD $2.02.
SmartPay closes RPS offer, looks offshore for funding to offset debt. Company says NZ market lacks appetite for offer.
Cabinet approves NZD $300 million rural broadband plan; Telecom warns of up to NZD $56 million annual EBITDA impact, shares dip to $2.17.
The Federal Trade Commission's scrutiny of Facebook's USD $1 billion acquisition of Instagram delays the deal, amid doubts over the high valuation.
Top Xero executives sell USD $5 million in shares to welcome new investors, including MYOB co-founder Brad Shofer, without diluting current holdings.
LinkedIn reports over 100% growth in revenue for Q4, with $167.7m earned compared to $81.7m in 2010. Shares rise 9%.
Security firm AVG plans to raise up to USD $125 million through an IPO on the New York Stock Exchange, after a prosperous year for tech IPOs.
HP shares plummeted to USD $23.60 as investors panic over the company's drastic strategic shift, casting doubt on its future prospects.
The sale of InterDigital, holder of 8800 patents, is delayed to September after Google's unexpected USD $12.5 billion acquisition of Motorola Mobility.
Incoming lukewarm reviews for Electronic Arts' just-released shooter have sent the company's share price sliding by 6%.
Apple overtakes Microsoft as rising shares push its value to $227.1bn, marking a major Silicon Valley turnaround, analysts say.
