CFOtech UK - Technology news for CFOs & financial decision-makers

Investment stories - Page 40

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Steel & Tube posts 35% gain in first-half profit on uplift in construction
Thu, 19th Feb 2015
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sales
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steel & tube
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construction
Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.
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CORRECT: Kirkcaldie & Stains flags October for possible capital return, mulls future of store
Wed, 18th Feb 2015
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physical security
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christmas
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sales
Kirckcaldie & Stains, the unprofitable Wellington department store, is waiting for a new chief executive and the final payment from the buyer of it.
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Souter Investments invests $12 million in double deck buses for Auckland
Wed, 18th Feb 2015
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auckland transport
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souter investments
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investment
Souter Investments, the global public transport company owned by Scottish transport entrepreneur Brian Souter, is investing $12 million in 15 new d.
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Property For Industry expects to pay more of its earnings in dividends in 2015
Tue, 17th Feb 2015
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investment
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fy
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expenses
Property For Industry, New Zealand's only listed company specialising in industrial property, expects to pay more of its earnings in dividends in t.
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Investors give raspberry to Contact Energy offshore investment plan
Mon, 16th Feb 2015
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datacentre infrastructure
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power / energy
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contact energy
Contact Energy's share price plummeted after plans for offshore geothermal investments left investors wanting promised cash returns.
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Michael Hill shares jump 7% after 1H profit rises 46%
Fri, 13th Feb 2015
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investment
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revenue
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retailers
Michael Hill International shares jumped as much as 7 percent after the jewellery chain posted a 46 percent rise in first-half profit.
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Wallace Corp backs Ligar to commercialise novel polymer products
Thu, 12th Feb 2015
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callaghan innovation
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kiwinet
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wine
Ligar, a startup developing molecularly imprinted polymers (MIPs), has secured an investment of hundreds of thousands of dollars from Wallace Corp,.
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China economic reform low on government priority list, WSJ commentator says
Thu, 12th Feb 2015
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partner programmes
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wsj
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fonterra
Economic reform in China, one of New Zealand's largest trading partners accounting for 22 percent of exports, is a lower priority than trying to sa.
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SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
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Sky City 1H profit falls 11% as Adelaide weighs
Wed, 11th Feb 2015
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skycity
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new zealand dollar
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investment
Sky City Entertainment Group, New Zealand's only listed casino company, posted an 11 percent decline in first-half profit as it got less benefit th.
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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
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investment
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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harmoney
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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cleantech
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.