IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Stories by Pattrick - Page 25

Story image
Vector 1H profit falls 17% on regulatory impost, mark-to-market losses, borrowing costs
Fri, 20th Feb 2015
#
vector
#
commerce commission
Vector's 1H profit dips 17% amid regulation, market volatility, and rising debt costs, despite a 4.4% sales increase.
Story image
Auckland Airport lifts annual profit guidance as 1H earnings rise 1.3%
Fri, 20th Feb 2015
#
auckland airport
#
revenue
#
cash flow
Auckland International Airport, the country's major gateway, raised its expectations for annual profit after first-half earnings rose.
Story image
Vocus to spend US$58.5m to beef up Southern Cross Cable
Fri, 20th Feb 2015
#
uc
#
network infrastructure
#
telco
It will increase the firm's existing capacity by almost 10 times to ensure it will continue to meet the rapid growth in internet data demand.
Story image
NZ dollar hits fresh record vs. Australian dollar as analysts mull parity
Fri, 20th Feb 2015
#
nzd
#
new zealand dollar
#
australian dollar
The New Zealand dollar hit a new record against the Australian dollar overnight, with some analysts saying there is nothing to stop it.
Story image
Spark 1H profit falls 13% after streamlining operations; outlook still uncertain
Thu, 19th Feb 2015
#
uc
#
fintech
#
commerce commission
Spark New Zealand's first-half profit fell 13 percent after the company formerly called Telecom slimmed down its business, selling assets such as AAPT.
Story image
Eroad offers $10,000 signing bonus for software engineers
Thu, 19th Feb 2015
#
fleet management
#
eroad
Eroad, the listed electronic road user charges and transport services company, is offering $10,000 signing bonuses for software engineers.
Story image
Steel & Tube posts 35% gain in first-half profit on uplift in construction
Thu, 19th Feb 2015
#
sales
#
steel & tube
#
construction
Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.
Story image
NZ dollar spikes higher on US dollar weakness after dovish Fed minutes
Thu, 19th Feb 2015
#
nzd
#
new zealand dollar
#
kiwi
The New Zealand dollar surged after dovish Fed minutes hinted at prolonged low US interest rates, setting a record high against the Aussie dollar.
Story image
While you were sleeping: Greece to seek extension
Thu, 19th Feb 2015
#
wall street
#
exxon mobil
#
jpmorgan chase
Wall Street moved lower amid disappointing US economic data as investors awaited the release of the minutes of the January Federal Reserve meeting.
Story image
Tenon delivers $2m profit in first half, on track for 2016 dividends
Wed, 18th Feb 2015
#
tenon
#
banking
Tenon, whose locally produced wood mouldings are sold in the US, turned a first-half profit as an improving US housing market pushed revenue, as fo.
Story image
MARKET CLOSE: NZ shares fall led by Fletcher on outlook; Meridian rises to record
Wed, 18th Feb 2015
#
nzx
#
meridian energy
#
fletcher building
New Zealand shares fell led by Fletcher Building, after the company said full-year earnings would be at the lower end of guidance.
Story image
NZ dollar holds gains ahead of US Fed minutes
Wed, 18th Feb 2015
#
new zealand dollar
#
nz dollar
#
kiwi
The New Zealand dollar held gains through local trading ahead of minutes to the last Federal Open Market Committee meeting, which investors will be.
Story image
State-owned Japan Post launches A$6.5 bln takeover bid for Toll Holdings
Wed, 18th Feb 2015
#
japan post
#
toll holdings
Japan Post makes a grand £3.6bn bid for Aussie logistics titan Toll Holdings, with the board's full backing — shares leap in response.
Story image
Complectus continues acquisition spree with Covenant Trustee
Wed, 18th Feb 2015
#
perpetual guardian
#
complectus
Complectus, which owns trustee firm Perpetual Guardian, has signed a heads of agreement with Covenant Trustee Services as it continues its purchasi.
Story image
UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition
Wed, 18th Feb 2015
#
iag
#
fy
#
revenue
Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.
Story image
Fonterra may raise its payout to farmers after upbeat dairy auctions
Wed, 18th Feb 2015
#
fonterra
#
banking
Fonterra Cooperative Group may increase its forecast payout to New Zealand dairy farmers for this season after prices for whole milk powder, the na.
Story image
Trade Me posts slower 1H profit growth, says FY earnings will be 'subdued'
Wed, 18th Feb 2015
#
trade me
#
financial results
Trade Me Group posted slower profit growth in the first half of its financial year as increased investment ramped up costs.
Story image
Meridian's Binns hopeful of keeping smelter contract
Wed, 18th Feb 2015
#
meridian energy
#
rio tinto
Meridian Energy chief executive Mark Binns is hopeful of retaining the Tiwai Point smelter as a customer, but acknowledged there's still some uncer.
Story image
CORRECT: Kirkcaldie & Stains flags October for possible capital return, mulls future of store
Wed, 18th Feb 2015
#
physical security
#
christmas
#
sales
Kirckcaldie & Stains, the unprofitable Wellington department store, is waiting for a new chief executive and the final payment from the buyer of it.
Story image
UPDATE: Meridian shares rise after capital return flagged
Wed, 18th Feb 2015
#
meridian energy
#
rio tinto
#
retailers
Shares of Meridian Energy gained after the electricity generator-retailer flagged capital returns for shareholders over the next five years, includ.