Stories by Pattrick - Page 4
Spark's Revera sued by consultant claiming fee related to 2012 sale
Tue, 10th Feb 2015
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revera
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lawsuit
Revera faces a lawsuit from consultant Wilhelmus Giesbers, who alleges a missed USD $3.1 million commission from Revera's 2013 sale to Spark New Zealand.
Enprise could raise $4.8 million in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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fintech
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financial systems
Enprise Group, the software company that listed on the NZAX in December, may raise as much as $4.8 million in a share purchase plan to fund its expans.
Enprise could raise $4.8 mln in share purchase plan to fund expansion
Tue, 10th Feb 2015
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uc
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contact centre
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enprise group
Enprise Group plans to raise up to NZD $4.8 million through a share purchase plan, offering new shares to fund expansion and potential acquisitions.
NZ dollar rebounds to pre-OCR levels as higher yields lure investors
Tue, 10th Feb 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar has regained ground lost after the Reserve Bank moved its policy to neutral late last month, as investors are attracted to t.
Spark's Revera sued by consultant over $3.1 million commission fee
Mon, 9th Feb 2015
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uc
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revera
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spark
Revera has been sued by a consultant who claims he missed out on $3.1 million in commission fees when the business was sold to Spark New Zealand in 20.
MARKET CLOSE: NZ shares close at new record as earnings season looms; Heartland gains
Thu, 5th Feb 2015
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healthtech
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nzx
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air new zealand
New Zealand shares rose for a fourth day, closing at a new record, as a lack of profit warnings ahead of the earnings season reinforced confidence.
NZ dollar touches 3-week high vs. Aussie on divergent interest rate paths
Thu, 5th Feb 2015
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nz dollar
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banking
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currencies
The New Zealand dollar hit a three-week high against the Aussie after New Zealand's Reserve Bank reiterated that interest rates are expected to rem.
NZ dollar rises after dairy gains, Wheeler downplays rate-cut prospects
Wed, 4th Feb 2015
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new zealand dollar
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inflation
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nz dollar
The New Zealand dollar rose against most major currencies after the price of whole milk powder jumped in the latest auction, sentiment for the gree.
Wheeler says keeping interest rates on hold 'most prudent option', eyes Auckland housing market
Wed, 4th Feb 2015
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rbnz
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banking
Reserve Bank governor Graeme Wheeler acknowledged calls to cut interest rates, given the tumbling price of crude oil, before arguing that keeping r.
Vocus and Spark form construction joint venture for fibre
Wed, 4th Feb 2015
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uc
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spark
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vocus group
The joint venture puts Spark in an even better position to help New Zealand businesses navigate a digital future in which fibre will become increasing.
MARKET CLOSE: NZ shares fall as Warehouse lowers guidance; Goodman gains on yield hunt
Wed, 7th Jan 2015
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nzx
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air new zealand
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fletcher building
New Zealand shares fell, led by Warehouse Group as investors mulled a possible dividend cut after it downgraded first-half guidance.
NZ Education Ministry faces smaller bill than feared for leaky schools, as Carter suit looms
Wed, 7th Jan 2015
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edutech
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ministry of education
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modernisation
New Zealand's Ministry of Education has cut its estimate for the total cost of fixing leaky schools by as much as $400 million, with a damages suit.
Sealegs fined $8,000 by NZX over shortfall of independent directors
Wed, 24th Dec 2014
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shares
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sealegs corp
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mapp
Sealegs Corp, the amphibious vehicle maker, has been fined $8,000 and publicly censured by the New Zealand Markets Disciplinary Tribunal after fail.
NZ dollar little changed as activity ebbs in lead-up to Christmas
Mon, 22nd Dec 2014
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new zealand dollar
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nz dollar
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kiwi
The New Zealand dollar was little changed as activity ebbed in the lead-up to the Christmas-New Year break, when many local market participants ten.
Minister Flavell to push law review to drive Maori agribusiness
Fri, 19th Dec 2014
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healthtech
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management
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pwc
Maori Development Minister Te Ururoa Flavell expects to table legislation in the second half of next year to make it easier for Maori land owners t.
Britannia takes down TV ads, working with FMA over UK pension ads
Fri, 19th Dec 2014
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martech
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risk & compliance
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tax
Britannia pauses TV ads and adjusts its website after FMA concerns over UK pension transfer campaigns causing undue pressure on consumers.
Spark, Voda and Telstra to spend US$70 million on trans-Tasman cable
Thu, 18th Dec 2014
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uc
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spark
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partners
Spark New Zealand and Vodafone, New Zealand's two dominant telecommunications providers, in partnership with Australian provider Telstra, will spen.
Buller loses bid to claw back interest on $4 million from Brightwater over escarpment plans
Tue, 16th Dec 2014
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financing
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shares
Buller Coal, the would-be Denniston Plateau coal miner owned by Bathurst Resources, has lost an application in the High Court to claim interest on.
'We're not going away,' says seabed miner, as EPA appeal dropped
Fri, 12th Dec 2014
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chatham rock phosphate
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environmental protection authority
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epa
Would-be seabed miner Trans-Tasman Resources has dropped its appeal against its rejected proposal to vacuum ironsands off the ocean floor far offsh.
NZ dollar gains after RBNZ signals rates still going up
Thu, 11th Dec 2014
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jobs
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rbnz
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new zealand dollar
The New Zealand dollar rose after the Reserve Bank kept its key rate on hold, while signalling interest rates will have to go up as the economy gro.