CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Investment stories - Page 33

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SkyCity cut to 'sell' by Craigs, citing lack of return and high risk

Tue, 3rd Feb 2015
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shares
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SkyCity Entertainment Group was downgraded to 'sell' from 'hold' by Craigs Investment Partners, reflecting that the brokerage doesn't expect shares.
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MARKET CLOSE: NZ shares resume rally led by MRP; Kathmandu tumbles

Mon, 2nd Feb 2015
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fintech
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financial systems
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healthtech
New Zealand shares rose, heading back toward a record high after a two-day slide, as investors regained their appetite for companies offering relat.
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Local Government NZ suggests new taxes, central govt support could bridge spending gap

Mon, 2nd Feb 2015
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partner programmes
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local government
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world bank
New Zealand's 78 local government organisations could close the gap between spending and revenue with new taxes or a share of existing central gove.
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Trade Me takes 15% stake in HarMoney for $7.7 million

Mon, 12th Jan 2015
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trade me
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shares
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Trade Me invests $7.7m for a 15% stake in HarMoney, New Zealand's sole licensed P2P lender, aiming to reshape the country's consumer finance.
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UPDATE: Infratil, NZ Super Fund buy RetireAustralia for A$640.2 mln

Mon, 29th Dec 2014
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power / energy
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healthtech
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clean technologies
Infratil and the New Zealand Superannuation Fund will buy Australia's fourth-biggest retirement village operator RetireAustralia for A$640.
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Eco-lender Prometheus Finance calls in receiver

Mon, 22nd Dec 2014
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fintech
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capital
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pwc
Prometheus Finance, the Wellington-based finance company with a mandate for socially responsible lending, has called in receivers after failing to.
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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.
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NZ business confidence eases in December, still buoyant

Fri, 19th Dec 2014
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inflation
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property market
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investment
New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.
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ComCom pushes out final decision on Chorus copper line pricing

Fri, 19th Dec 2014
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uc
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chorus
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commerce commission
The Commerce Commission has pushed out the timeline for a final decision on what price Chorus can charge on its copper line network as it deals wit.
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UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going

Thu, 18th Dec 2014
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inflation
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oil and gas
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investment
New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.
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Tower talks down impact of Supreme Court valuation ruling

Tue, 16th Dec 2014
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shares
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investment
Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.
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Meridian Energy abandons QLD hyrdo plans on 'puzzling' Australian stance

Fri, 12th Dec 2014
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clean technologies
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nzx
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meridian energy
Meridian Energy, the partially privatised electricity generator and retailer, has abandoned plans for a Queensland hydro power project, blaming the.
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High Court turns down Kuwait Finance House claim over Canterbury funding

Thu, 11th Dec 2014
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investment
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court case
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money management
The Kuwaiti firm asked the court to uphold a ruling in the Bahrain Chamber for Dispute Resolution against Berkeley, California-based David Teece.
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GeoOp posts wider first-half loss as it chases global growth

Thu, 11th Dec 2014
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government
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nzax
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callaghan innovation
GeoOp, the small business app developer, widened its first-half loss as it spent more on product development and sales to chase global growth.
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NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake

Tue, 9th Dec 2014
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investment
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capital raising
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revenue
The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.
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Rubicon reiterates IPO plans for ArborGen, laments languishing share price

Fri, 5th Dec 2014
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investment
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shareholders
Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forest.
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RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne

Thu, 4th Dec 2014
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healthtech
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property market
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investment
Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.
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Spark warns of price rises after copper decision pushes up costs; shares fall

Tue, 2nd Dec 2014
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uc
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investment
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wholesale
Spark New Zealand, formerly Telecom Corp, is reviewing its prices, saying today's Commerce Commission draft decision on wholesale copper line prici.
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Abano agrees to sell orthotics business, taking 'small loss' against 2015 results

Tue, 25th Nov 2014
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healthtech
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investment
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m&a
Abano Healthcare sells its orthotics arm to private investors, accepting a small loss on 2015 results, steering focus towards dental growth.
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KiwiRail would allow Hawke's Bay council to lease Napier-Gisbourne line

Mon, 24th Nov 2014
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investment
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kiwirail
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moth
Kiwirail, the state-owned railroad, has conditionally agreed to lease the mothballed Napier-to-Gisborne line to Hawke's Bay Regional Council, effec.