Shareholders Stories - Page 4

Australian Stories

Shareholders stories

Shareholders of Yota call out company for 'urgent action and changes'

The group are 'deeply concerned' that China Baoli has mismanaged Yota and that there are huge changes needed for the smartphone company.

By Ashton Young • 3 min read • Thu, 13th Jul 2017

DataCentre infrastructure

Cirrus Networks revenue continues climb; company inks new deal

Cirrus Networks revenues for FY16 are up, but heavy investment has seen the company post a loss for the year. Meanwhile, it announces another new deal.

By Heather Wright • 2 min read • Wed, 31st Aug 2016

Global Stories

Shareholders stories

Power / Energy

Energy sector leads turbulence across global economy

Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.

By Staff Writer • 2 min read • Mon, 6th Jul 2020

Stock Market

US oil & energy providers hit by plunging market cap in 1H 2020

As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.

By Staff Writer • 2 min read • Fri, 19th Jun 2020

Hyperscale

Global shareholders sue 'leading' China data centre operator GDS

The lawsuit believes GDS has been engaged in a 'ruse' to enrich insiders by acquiring data centers that aren't as valuable as the company claims.

By Ashton Young • 3 min read • Wed, 3rd Oct 2018

Oracle

Aconex shareholders vote in favour of Oracle acquisition

Aconex shareholders have overwhelmingly approved Oracle's AUD $7.80 per share acquisition offer, valuing the deal at USD $1.2 billion.

By Sean Mitchell • 2 min read • Thu, 15th Mar 2018

Wynyard Group

Wynyard Group goes into voluntary administration

Cyber security firm Wynyard Group has gone into voluntary administration, according to a statement from the company.

By Sam Worthington • 2 min read • Wed, 26th Oct 2016

Network Infrastructure

EMC shareholders approve Dell merger with 98% of votes

EMC have announced that its shareholders have approved the Dell merger agreement with 98% of voters in favour.

By Sam Worthington • 2 min read • Mon, 25th Jul 2016

Dick Smith

Dick Smith shareholders told there's nothing in the bank for them

Dick Smith shareholders won't be recouping any of their investment, with administrators this week confirming the cupboards are bare.

By Heather Wright • 2 min read • Fri, 24th Jun 2016

Software Development

Jade Software resilient through diversification and investment strategies

Jade Software has successfully gone global, using diversification and investment strategies that have paid off, the company reports.

By Sara Barker • 3 min read • Thu, 26th May 2016

Cybersecurity

Symantec CEO exits as company reduces revenue forecast

Symantec chief executive Michael A Brown is exiting the company, with the vendor also revising its Q4 revenue forecast downwards by US$12 million.

By Heather Wright • 2 min read • Fri, 29th Apr 2016

Cybersecurity

Wynyard inks $27 million deal with national security bureau

The Auckland-based company will provide its security solutions to help the bureau solve high consequence crime, security and big data problems.

By Shannon Williams • 2 min read • Mon, 11th Jan 2016

IT services

CSC to acquire UXC in $428 million deal

CSC is in negotiations to acquire UXC in a $428 million deal which would create one of the region's largest IT services companies.

By Heather Wright • 2 min read • Tue, 6th Oct 2015

Physical Security

Mako Networks debts top $30 million; $25m deficit expected

Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.

By Heather Wright • 3 min read • Wed, 9th Sep 2015

Inland Revenue Department

Liquidators of China milk exporter may claw back $145,200 from Chinese directors

Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015