Stories by Pattrick - Page 47

Accounting software firm had $85 million of cash at the end of 2012 after raising $60 million in a private placement in December.

As Novopay falters, Govt turns to Datacom to ensure teachers' pay, revealing deep flaws in the payroll system overhaul.

Netflix's unexpected profit dazzles as Apple's earnings falter, shaking up Wall Street's dynamics.

US corporate earnings will take centre stage with Apple, Microsoft, IBM and Google among those scheduled to release in the coming days.

Christchurch software developer Jade Corp is splitting off its fast-growing intelligence-gathering software arm, Wynyard Group, as a separate entity.

Wall Street fall amid concern Apple is facing headwinds, fanning concern that other companies might struggle with demand for their products and services too.

Trade Me founder trims his holding in Xero, taking advantage of a share price that has soared by 179 percent this year.

Rakon cuts its full-year earnings guidance because of sales delays and thinner margins.

Wellington-based IT services firm doesn't envisage any change in its direction after 35 percent shareholder sale.

Unnamed adviser at a registered NZX participant to pay $10,000 settlement after getting found out on a backroom deal to get Trade Me shares when the online auction site was floated last year.

Chorus averts major price slash on copper services, winning regulatory nod with slight 3.9% cut, easing fears for its ageing network's revenue.

Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.

Company hires Grant Samuel & Associates for a strategic review, saying its weak share price leaves the firm vulnerable to a takeover.

Revenues fall and operating expenses rise during a period of sluggish growth in major markets.

Rakon shifts more manufacturing to China and India in a bid to cut costs and widen profit margins.

Chorus says copper lines regulation threatens to derail investment in building a national fibre network by undercutting the new technology.

Trade me said it will meet its prospectus forecast for dividends in the second half of the year though a hoped-for economic upturn hasn't materialised.

Companies are being more flexible about allowing employees to use their own technology at work and are using social media more for communication.

The New Zealand dollar followed US stock markets lower after internet search engine Google missed profit estimates.

The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.

ComCom deems less regulation needed in NZ's telecom sector, credits boosted competition to Telecom's Chorus spin-off last year.

New Zealand's securities law is set to capture crowdfunding if it strays into the territory of offering returns.

The cloud-based accounting platform provider more than doubled first-half sales and expects to list across the Tasman next month as it boosts its oper.

Vodafone NZ sees 16% profit jump thanks to Telecom settlement, despite facing regulatory challenges and customer losses.