Shares stories - Page 12
Xero bosses sell shares to allow others on board
Tue, 14th Feb 2012
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Top Xero executives sell USD $5 million in shares to welcome new investors, including MYOB co-founder Brad Shofer, without diluting current holdings.
Investors pleased with LinkedIn result
Fri, 10th Feb 2012
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LinkedIn reports over 100% growth in revenue for Q4, with $167.7m earned compared to $81.7m in 2010. Shares rise 9%.
AVG looks to raise US$125m in IPO
Mon, 16th Jan 2012
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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.
Telecom, Chorus shares up
Wed, 23rd Nov 2011
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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 Redeemable Preference Share offer
Tue, 20th Sep 2011
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SmartPay closes RPS offer, looks offshore for funding to offset debt. Company says NZ market lacks appetite for offer.
Investors flee HP
Mon, 22nd Aug 2011
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HP shares plummeted to USD $23.60 as investors panic over the company's drastic strategic shift, casting doubt on its future prospects.
InterDigital sale delayed
Thu, 18th Aug 2011
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The sale of InterDigital, holder of 8800 patents, is delayed to September after Google's unexpected USD $12.5 billion acquisition of Motorola Mobility.
EA share price drops, Medal of Honor reviews blamed
Wed, 13th Oct 2010
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Incoming lukewarm reviews for Electronic Arts' just-released shooter have sent the company's share price sliding by 6%.
Apple overtakes Microsoft
Thu, 27th May 2010
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Apple overtakes Microsoft as rising shares push its value to $227.1bn, marking a major Silicon Valley turnaround, analysts say.
Cabinet signs off rural telco plan - Updated
Tue, 16th Mar 2010
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Cabinet approves NZD $300 million rural broadband plan; Telecom warns of up to NZD $56 million annual EBITDA impact, shares dip to $2.17.