Global Stories

Liquidators of China milk exporter may claw back $145,200 from Chinese directors

Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015

NZAX

Chatham Rock proposes reverse listing wider mandate

Chatham Rock Phosphate, which was turned down for a consent for seabed mining, has proposed a deal with associate Aorere Resources which would turn Ch.

By Pattrick Smellie • 2 min read • Thu, 2nd Apr 2015

Licensing

Windflow narrows 1H loss, says new financing needed

Windflow Technology, the unprofitable wind turbine manufacturer, narrowed its first-half loss but says it will need to borrow from its shareholders an.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015

Stories from Other Regions

Jade Software

Jade Software narrows FY loss as Master Terminal unit growth beats expectations

Jade Software narrowed its annual loss as revenue at its Master Terminal port management software grew at a faster pace than expected.

By Pattrick Smellie • 3 min read • Thu, 21st May 2015

Marketing Technologies

Mega's legal guns shoot down claims of 'content theft'

Mega, the file storage firm, has hit back at claims it profits from 'content theft' in a report calling the allegations 'defamatory'.

By Pattrick Smellie • 2 min read • Fri, 15th May 2015

Payment Technologies

Pushpay to raise $13.8 million from shareholders

NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.

By Pattrick Smellie • 2 min read • Thu, 23rd Apr 2015

Supply Chain

MARKET CLOSE: NZ shares fall led by Meridian; Fliway drops on debut

New Zealand shares dipped, driven by Meridian's installment payment concerns, while newcomer Fliway Group fell below its offer price on its debut.

By Pattrick Smellie • 3 min read • Thu, 9th Apr 2015

Nuplex Industries

Nuplex beefs up investment plans across Asia

Nuplex Industries, the specialty chemicals manufacturer, is exploring more investment opportunities across Asia, having shifted its businesses away fr.

By Pattrick Smellie • 2 min read • Thu, 9th Apr 2015

Fonterra

Fonterra says its holding its own in Canterbury as farmer suppliers look to new processors

Fonterra Cooperative Group, New Zealand's largest dairy processor, says it's holding its own in the dairy-intensive Canterbury region, despite reports.

By Pattrick Smellie • 4 min read • Tue, 31st Mar 2015

Kirkcaldie taps former chief Shewell as acting CEO while hunting Milford replacement

Kirkcaldie & Stains, the upscale Wellington department store, named former managing director Philip Shewell as acting chief executive while it searche.

By Pattrick Smellie • 2 min read • Tue, 31st Mar 2015

Lawsuit

Failed Feltex case costs litigation funders $3.1M in costs, before disbursements

Former directors of Feltex Carpets and promoters of its 2004 initial public offering have been awarded a scaled-up $3.

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

NZOG says acceptances in Cue takeover lift holding to 27%, close to target

New Zealand Oil and Gas said acceptances under its hostile takeover offer for ASX-listed Cue Energy Resources lift its interest in the target company.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015

Capital

UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share

Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 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

Westpac

UPDATE: Fonterra Shareholders' Council relieved at dairy forecast being maintained

Farmers will be relieved at today's decision by Fonterra Cooperative Group, the world's largest dairy exporter, to maintain its forecast payout to fa.

By Pattrick Smellie • 4 min read • Thu, 26th Feb 2015

NZX

Energy Mad to raise $2.24M in rights issue at 13% discount

Energy Mad aims to secure £2.24m for expansion, offering shareholders cut-rate rights issue amid growth plans.

By Pattrick Smellie • 1 min read • Wed, 25th 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

Physical Security

CORRECT: Kirkcaldie & Stains flags October for possible capital return, mulls future of store

Kirckcaldie & Stains, the unprofitable Wellington department store, is waiting for a new chief executive and the final payment from the buyer of it.

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

Sales

ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm

Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.

By Pattrick Smellie • 2 min read • Tue, 17th Feb 2015

Airwork affirms annual profit growth forecast; flags slowdown in helicopter trading

Airwork Holdings, the listed aviation business, still expects annual earnings to climb 48 percent this financial year even as a slowdown in helicop.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015