CFOtech Asia - Technology news for CFOs & financial decision-makers

Stories by Pattrick - Page 44

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Chorus shares hit new low as Govt isolated on copper-pricing
Mon, 2nd Dec 2013
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government
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chorus
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orchestra
Chorus shares plummet as government's hands tied on copper pricing, leaving the firm facing financial strains and investment risks.
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Xero doubles first-half losses in quest for global domination
Fri, 22nd Nov 2013
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accounting systems
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digital banking
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xero
Xero, the cloud-based accounting software company that's now the second-biggest listed company more than doubled its first-half loss as it continues i.
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Govt presses ahead with remaining 4G auction
Wed, 20th Nov 2013
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broadband
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government
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4g technology
NZ govt proceeds with 4G auction despite 2degrees' plea, selling unsold 700MHz blocks. Telecom and Vodafone vie for additional spectrum.
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Wynyard hikes 2013 capital spending by up to 63%
Tue, 19th Nov 2013
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pc hardware
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saas
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physical security
Intelligence software developer plans to ramp up this year's capital expenditure by as much as 63 percent to drive sales growth, and says it's on track to meet its 2013 revenue forecast.
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Vector wades in on 4G spectrum, opposes letting telcos buy more
Wed, 13th Nov 2013
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broadband
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telco
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4g technology
Vector challenges telcos' bid for more 4G spectrum, citing a need for wider access, including sectors like energy and health.
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Telecom to offer CEO and senior managers performance incentives to boost profits
Fri, 8th Nov 2013
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telco
Telecom Corp introduces performance-linked equity grants for top managers to drive profit growth amid a focus on digital ventures.
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Chorus shares hit record low
Thu, 7th Nov 2013
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broadband
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government
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chorus
Investors reel as Chorus shares plummet to a historic low amid fears over government response to price cuts threatening its financial stability.
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Chorus credit rating on review for possible downgrade
Wed, 6th Nov 2013
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broadband
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government
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chorus
Moody's reviews Chorus for downgrade after regulator slashes copper line charges, heightening financial pressure on the telecom.
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NZX lashes inaccuracies in Chorus solvency coverage
Mon, 14th Oct 2013
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government
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chorus
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nzx
NZX, the stock market operator and supervisor, has rapped media reports in latching on to a lobby group's comments on listed company Chorus's solvency.
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Xero shares halted pending outcome of capital raising
Sat, 12th Oct 2013
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accounting systems
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digital banking
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xero
Shares in cloud-based accounting software developer Xero have been halted pending the outcome of a capital raising.
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Optimism in the air for NZ businesses
Tue, 8th Oct 2013
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ict
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jobs
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new zealand institute of economic research
Business confidence rose to its highest in more than three years in the third quarter and broadened beyond Canterbury...
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Telecom to buy 700MHz spectrum amid 4G expansion
Mon, 7th Oct 2013
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broadband
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telco
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4g technology
Telecom gears up for 4G expansion, bidding for 700MHz spectrum to enhance rural connectivity and bolster its network.
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Venture capital fund extends offer following low investment
Fri, 4th Oct 2013
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ict
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punakaiki fund
Internet commentator Lance Wiggs extends his Punakaiki Fund offer by about three weeks on signs the IPO would miss its minimum target of $5 million.
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Xero sales gain 84% as cash on hand falls to $55m
Thu, 3rd Oct 2013
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accounting systems
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digital banking
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xero
Xero, the cloud-based accounting firm whose shares have soared 150 percent this year, said first-half sales almost doubled as it continued to chase cu.
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NZ business confidence high in the sky
Tue, 1st Oct 2013
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ict
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outlook
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nz
New Zealand business confidence has climbed to a new five-year high...
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Former Telco Commissioner tasked with Chorus copper pricing
Wed, 18th Sep 2013
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government
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chorus
Ross Patterson, ex-Telco Commissioner, aids Chorus in revising copper line pricing amid push for faster fibre uptake.
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Rakon’s Robinson brothers sell shares following breach
Wed, 18th Sep 2013
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nzx
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rakon
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shares
Rakon managing director Brent Robinson and his brother, executive director Darren Robinson forced to sell shares after a telling off by the Takeovers Panel.
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iPhone fallout: Apple turns sour
Fri, 13th Sep 2013
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smartphones
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apple
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technology gifts
Wall Street sees a drop in Apple shares amid disappointment about its two latest iPhone products, while investors snap up record Verizon Communications bonds.
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Struggling Rakon dangles dividends for ‘long-suffering’ shareholders
Mon, 9th Sep 2013
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rakon
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shareholders
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trading
Rakon, the wireless device components maker, plans to start paying dividends in a bid to revive sagging investor confidence after successive years of an underperforming share price.
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Rakon braces itself for $54m loss
Fri, 6th Sep 2013
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rakon
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auckland
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chengdu
Rakon expects a net loss of $54 million in 2014 after taking a $37 million one-time charge to write down the value of its Chinese investment and other assets and posting a trading loss of $17 million.
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Kim Dotcom resigns Mega directorship to fight US charges
Thu, 5th Sep 2013
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government
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mega
Kim Dotcom exits Mega's helm to battle US extradition, launch political party, and unveil new music site.
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Govt to seek minimum $198m for 4G spectrum
Thu, 5th Sep 2013
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broadband
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government
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telco
The government will be seeking a minimum of $198 million for the rights, which are expected to be fought over by Telecom, Vodafone, and 2degrees.
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Telecom to keep cutting costs following financial results
Fri, 23rd Aug 2013
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telco
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ndi
Telecom Corp announces continuous cost-cutting after a slight earnings drop and intense market competition, aiming for mobile leadership.
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Sky TV seals Vodafone resale and distribution deal
Thu, 22nd Aug 2013
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telco
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slingshot
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commerce commission
Sky Network Television has agreed a resale and distribution agreement with Vodafone after the mobile phone company bought Telstra Corp.'s New Zealand unit last year.