Shareholders Stories - Page 6

Global Stories

Shareholders stories

Delegat's to push into China next year as part of global wine brand expansion

Delegat's Group, the listed winemaker, plans to put a toehold in China next year as part of a long-term goal of boosting overall sales by 52 percen.

By Pattrick Smellie • 3 min read • Tue, 2nd Dec 2014

Investment

Fonterra shareholders use AGM to flag concern over lower milk payout

Fonterra Cooperative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout, the dair.

By Pattrick Smellie • 4 min read • Wed, 12th Nov 2014

Free trade agreement

Alliance Group annual profit rises 11% on demand for red meat, higher prices

Alliance Group, the world's largest processor and exporter of sheepmeat, posted an 11 percent rise in annual profit and is distributing $7 million.

By Pattrick Smellie • 3 min read • Fri, 7th Nov 2014

Unified Communications

Changes at board level as Telecom director retires...

Kevin Roberts has retired as non-executive director from the Board of Telecom after six years, with Ido Lefler stepping in.

By Staff Writer • 2 min read • Mon, 9th Jun 2014

Unified Communications

Focus with Vocus following stella financials

Vocus Communications reports strong half year financial results, with revenue up 45% and profit up 50% after tax.

By Staff Writer • 1 min read • Tue, 4th Mar 2014

Chief Financial Officer

Will Rakon shift UK operations to NZ?

Rakon has advised employees of its UK subsidiary Rakon UK Limited, of its intent to enter consultation for a proposed closure of its British plant.

By Staff Writer • 1 min read • Thu, 20th Feb 2014

Rakon

Rakon braces itself for $54m loss

Rakon faces a staggering USD $54 million net loss for 2014 due to a USD $37 million write-down on its Chinese investment, causing shares to plummet 8.7%.

By Pattrick Smellie • 2 min read • Fri, 6th Sep 2013

Stories from Other Regions

Shareholders stories

NZ Dollar

NZ dollar heads for 0.9% fall as US jobs report looms

As the US jobs report looms, the NZ dollar is set for a 0.9% tumble, amidst global shifts and economic speculations.

By Pattrick Smellie • 2 min read • Fri, 5th Dec 2014

Investment

Rubicon reiterates IPO plans for ArborGen, laments languishing share price

Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forest.

By Pattrick Smellie • 3 min read • Fri, 5th Dec 2014

Dirty Politics

Tony Falkenstein to take over as JWI boss, as Ian Ormiston quits

Tony Falkenstein, founder and majority owner of Just Water International, will take over as head of the water cooler and supplies business after ch.

By Pattrick Smellie • 3 min read • Tue, 2nd Dec 2014

Health Technologies

Acurity lifts 1H earnings 22% on increased DHB work, cost cuts

Acurity Health Group, the hospital operator set to be taken private by its three biggest shareholders, lifted first-half by profit 22 percent after.

By Pattrick Smellie • 2 min read • Mon, 24th Nov 2014

NZX

Pacific Brands sells unprofitable footwear, sports apparel business

Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting appa.

By Pattrick Smellie • 3 min read • Tue, 18th Nov 2014

NZX

Just Water independent directors accept founder's 15 cents per share takeover offer

Just Waters International's independent directors have recommended shareholders accept founder and majority investor Tony Falkenstein's takeover bi.

By Pattrick Smellie • 2 min read • Tue, 11th Nov 2014

NZX

FMA clears Gentrack on prospectus, says offer risks could have been clearer

The Financial Markets Authority has cleared Gentrack Group's prospectus but said risks could have been made clearer after the utilities and airport.

By Pattrick Smellie • 3 min read • Mon, 10th Nov 2014

Capital Management

MightyRiverPower to pay special dividend

MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will pay a special dividend to shareholders af.

By Pattrick Smellie • 2 min read • Wed, 5th Nov 2014

Power / Energy

MARKET CLOSE: NZ shares extend gains as NZOG signals capital return

New Zealand shares rose, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return.

By Pattrick Smellie • 3 min read • Tue, 4th Nov 2014

Mega

Select Mega shareholdings subject to a Restraining Order...

Two companies' shareholdings in Mega have been subject to a Restraining Order in relation to property associated with William Yan.

By Staff Writer • 2 min read • Mon, 25th Aug 2014

Serko

Bang a gong, get it on, Serko...

Kiwi cloud tech firm Serko starts trading on the NZX Main Board, raising NZD $22 million at NZD $1.10 per share with overwhelming investor support.

By Staff Writer • 2 min read • Tue, 24th Jun 2014

Gaming

Restructuring Warehouse reports solid Q3 sales

The Warehouse reports Q3 sales of $367.0m, up 3.2%, with 13 consecutive quarters of positive same store sales.

By Staff Writer • 3 min read • Thu, 8th May 2014

Rakon

Struggling Rakon dangles dividends for 'long-suffering' shareholders

Rakon pledges to pay up to 50% of net profit in dividends amidst a 37% share price slump this year, aiming to restore investor faith.

By Pattrick Smellie • 2 min read • Mon, 9th Sep 2013