Press Release – Ecoya Ltd

Ecoya Limited (NZX: ECO) has today announced its audited result for the year ended 31 March 2013. Read more »

Press Release – Joint Press Release

The Supreme Court of Victoria today approved the Scheme of Arrangement for Bupa Australia Health Pty Ltd to complete its full acquisition of Dental Corporation Holdings Limited (Dental Corporation). Read more »

Press Release – CMC Markets

The Australian market has failed to stem the bleeding after yesterdays wretched performance. While US markets closed slightly down again overnight, their losses have been relatively minor compared to those experienced in Europe and Asia since … Read more »

Press Release – PwC

The Chinese shopping cart is filling fast as more of Chinas private and state-owned businesses look to mature markets, such as New Zealand and Australia, for investment opportunities. Read more »

Press Release – Punakaiki Fund

Punakaiki Fund Limited (Punakaiki) is pleased to announce that it is considering raising between $20 million and $50 million by Initial Public Offering (IPO), to fund investments into high growth potential New Zealand companies. Read more »

Press Release – Green Party

Green Party research, confirmed by Treasury, shows that half of the shares in Mighty River Power that National sold to retail investors went to just 13,000 people and that 10 percent of the retail shares went to just 400 wealthy people and organisations, … Read more »

Article – Businesswire

May 23 (BusinessDesk) Xero, the cloud-based accounting firm, widened its annual loss in line with is guidance while using cash reserves to double revenue and paying customers. Read more »

Article – BusinessDesk

F&P Healthcare shares jump to highest in more than 2 years on profit outlook Read more »

Article – BusinessDesk

May 23 (BusinessDesk) – Conservation Minister Nick Smith has approved access over conservation estate land for Bathurst Resources to develop an open cast coal mine on the Denniston Plateau, above Westport, to the dismay of environmental opponents. Read more »

Article – BusinessDesk

No savings this year for Rakons manufacturing shift to China, grand plan coming in July Read more »

Article – Businesswire

May 23 (BusinessDesk) – Fronde Systems Group, a Wellington-based software and cloud-based services developer, is considering an equity raising to fund a bigger push into Australia after more than doubling annual profit. Read more »

Article – BusinessDesk

May 23 (BusinessDesk) – Guinness Peat Group will have to keep on more staff than previously planned as it works with the UK regulator over its liability for the Coats pension schemes. Read more »

Article – Businesswire

F&P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 year high Read more »

Article – BusinessDesk

May 23 (BusinessDesk) – DNZ Property Fund, which reported a 14 percent decline in annual distributable earnings yesterday, completed its $60 million placement to institutional investors at a 1.8 percent discount. Read more »

Article – BusinessDesk

May 23 (BusinessDesk) – Rakon, which makes crystal oscillators used in smart phones and navigation systems, plunged deeper into the red after writing down the value of its Chinese and New Zealand units, and posting underlying earnings at the bottom … Read more »

Article – BusinessDesk

May 23 (BusinessDesk) – Comvita, which produces health products from manuka honey and olive leaves, posted a 10 percent decline in full-year profit, beating its own guidance as it coped with a shortage of honey and higher costs. Read more »

Article – Businesswire

May 23 (BusinessDesk) Argosy Property reported a jump in full-year profit after earnings in the previous year were eroded by the costs of internalising its management contract. Net property income fell 1.8 percent. Read more »

Article – BusinessDesk

May 22 (BusinessDesk) New Zealand shares rose as Ryman Healthcare climbed to a new record, bouncing back from a decline that may have been triggered by a rivals stock selldown, while Fletcher Building halted its slide analyst presentation sin … Read more »

Article – BusinessDesk

May 22 (BusinessDesk) – Property For Industry’s proposed merger with Direct Property Fund to create an $800 million industrial property empire is fair, according to independent appraisals released today. Read more »

Article – BusinessDesk

May 22 (BusinessDesk) – DNZ Property Fund, a diversified property investor, reported a 14 percent fall in annual earnings and plans to raise $80 million in a placement to institutional investors and a share purchase plan to help pay for two new acquisitions. Read more »