Shareholders Stories - Page 7

Global Stories

Shareholders stories

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

Rakon

Rakon's Robinson brothers to sell shares following breach

Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.

By Pattrick Smellie • 2 min read • Thu, 1st Aug 2013

IT services

NZ-owned Fronde acquires Aussie OnlineOne

Wellington-based ICT company says deal will allow leverage of NetSuite capability into the New Zealand market.

By Staff Writer • 2 min read • Wed, 1st May 2013

Network Infrastructure

Depressing Dell makes private case

Company issues 274-page filing showing bleak prospects for business - its strongest case yet for accepting a US$24.4 billion offer to go private.

By Staff Writer • 2 min read • Wed, 3rd Apr 2013

Network Infrastructure

Dell considers rival bids

Dell's board evaluates separate takeover proposals, deciding which could beat an existing US$24.4 billion take-private deal.

By Staff Writer • 2 min read • Tue, 26th Mar 2013

Unified Communications

Mobile business props up dwindling Telecom sales

Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.

By Pattrick Smellie • 4 min read • Fri, 22nd Feb 2013

Network Infrastructure

Privacy push drops Dell's profits

World's third largest PC maker reports a 31% drop in profits, amid Michael Dell's attempt to take the company private.

By Staff Writer • 1 min read • Wed, 20th Feb 2013

Network Infrastructure

Dell defends shareholder privacy offer

Company fights back against shareholders who have questioned it's Us$13.95-a-share bid to take the firm private.

By Staff Writer • 1 min read • Tue, 12th Feb 2013

HP's woe after nine year low

Hewlett-Packard's stock plummeted to a nine-year low as CEO Meg Whitman stated 2013 will be a fix and rebuild year for the struggling tech giant.

By Staff Writer • 2 min read • Thu, 4th Oct 2012

Unified Communications

Telecom to extend smartphone network by xmas

Telco firm to begin rolling out dual-carrier HSDPA to New Zealanders by Christmas as shareholders re-elect directors to the board.

By Staff Writer • 2 min read • Tue, 2nd Oct 2012

Facebook

Facebook stock falling fast

Early investors of the social networking site appear to be cashing in during their first chance to sell their stock, causing an all-time low in the market.

By Staff Writer • 2 min read • Fri, 17th Aug 2012

Trade Me

Trading of Trade Me shares halted - Updated

Trade Me's share trading paused ahead of an announcement by Fairfax, which confirms a 15% stake sale. Trading remains on hold for book build.

By Mike Borgfeldt • 2 min read • Mon, 18th Jun 2012

Facebook

Facebook shares falter for second straight day

Facebook shares fall for second day as criticism grows over handling of IPO, with analysts predicting further drops.

By Staff Writer • 2 min read • Wed, 23rd May 2012

Stories from Other Regions

Shareholders stories

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

Chorus

Sell, Sell, Sell…Chorus shares?

Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.

By Staff Writer • 1 min read • Mon, 24th Jun 2013

Snakk Media

Snakk grows annual revenue by 83%

The company's financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.

By Staff Writer • 3 min read • Wed, 5th Jun 2013

Unified Communications

Zintel Group sells Australian subsidiary for $15m - Updated

Zintel Group has sold its Australian subsidiary to j2 Global for USD $15.3m, planning a generous capital repayment and special dividend for shareholders.

By Staff Writer • 2 min read • Thu, 15th Mar 2012