Acquisition Stories - Page 230

Kiwi Stories

Acquisition stories

NZX head of policy & legal Robin Dey resigns, position split

NZX head of policy and legal Robin Dey has resigned after seven years with the company, and her role has been split by the stock market operator.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Gentrack

Gentrack affirms 2015 profit guidance, looking at acquisitions

Gentrack Group, which develops utilities and airports software, affirmed its annual profit guidance and said it is looking at potential acquisitions.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Veritas 1H profit falls on acquisition costs; FY earnings to be at low end of guidance

Veritas Investments, the food and beverage investor, reported a 16 percent decline in first-half profit as acquisition costs mounted during a buying s.

By Pattrick Smellie • 3 min read • Thu, 26th Feb 2015

Taxation

Intueri misses annual earnings forecast on New Zealand performance

Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Turners & Growers full-year profit falls 1.9% on processing, NZ trading losses

Turners and Growers reports a 1.9% decline in full-year profit to NZD $16.6 million, attributing losses to processed foods and New Zealand trading pressures.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Risk & Compliance

ServiceNow acquires Intreis, launches new GRC offering

ServiceNow, the enterprise cloud company, has announced it is acquiring Intreis and is expanding its governance, risk and compliance (GRC) offering.

By Catherine Knowles • 3 min read • Wed, 25th Feb 2015

Partner Programmes

UPDATE: Ebos, heading for record annual earnings, sees Asia opportunities in medium term

Ebos, which is heading for a record profit this year, sees opportunities to expand into Asia in the medium term, possibly in partnership with its bigg.

By Pattrick Smellie • 3 min read • Wed, 25th Feb 2015

Sales

Metlifecare expects to increase FY profit about 13% as it expands in high-value areas

Metlifecare, New Zealand's second-largest listed retirement village operator, signalled full-year underlying profit may rise about 13 percent as it ex.

By Pattrick Smellie • 3 min read • Wed, 25th Feb 2015

Cloud Services

Updated: Westcon resellers: the time for cloud is now

Westcon aims to be one of the best cloud distributors in the world, says Darryl Grauman, Westcon APAC Services and Cloud director.

By Shannon Williams • 4 min read • Wed, 25th Feb 2015

Sales

Freightways first-half profit jumps 21% as sales, margins grow from couriers, data management

Freightways posted a 21 percent gain in first-half profit after lifting sales and fattening margins at its courier and information management units.

By Pattrick Smellie • 3 min read • Mon, 23rd Feb 2015

Sales

Steel & Tube posts 35% gain in first-half profit on uplift in construction

Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.

By Pattrick Smellie • 2 min read • Thu, 19th Feb 2015

Gaming

Netflix to add ANZ 'local flavour' - but where's the Kiwi content?

There is no confirmed comment yet on what, if any, New Zealand-made content will be made available through Netflix.

By Shannon Williams • 1 min read • Thu, 19th Feb 2015

Supply Chain

Tenon delivers $2m profit in first half, on track for 2016 dividends

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.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015

Japan Post

State-owned Japan Post launches A$6.5 bln takeover bid for 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.

By Pattrick Smellie • 2 min read • Wed, 18th Feb 2015

Global Stories

Acquisition stories

NZX

Vista annual profit falls less than forecast as sales climb 55%

Vista Group International, the cinema software and analytics company, reported a smaller drop in annual profit than forecast in last year's offer docu.

By Pattrick Smellie • 3 min read • Fri, 27th Feb 2015