Shareholders stories - Page 6
Struggling Rakon dangles dividends for ‘long-suffering’ shareholders
Mon, 9th Sep 2013
#
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.
Rakon braces itself for $54m loss
Fri, 6th Sep 2013
#
shareholders
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%.
Rakon's Robinson brothers to sell shares following breach
Thu, 1st Aug 2013
#
shareholders
Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.
Sell, Sell, Sell…Chorus shares?
Mon, 24th Jun 2013
#
shareholders
Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.
Snakk grows annual revenue by 83%
Wed, 5th Jun 2013
#
shareholders
The company’s financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.
NZ-owned Fronde acquires Aussie OnlineOne
Wed, 1st May 2013
#
shareholders
Wellington-based ICT company says deal will allow leverage of NetSuite capability into the New Zealand market.
Depressing Dell makes private case
Wed, 3rd Apr 2013
#
shareholders
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.
Dell considers rival bids
Tue, 26th Mar 2013
#
shareholders
Dell's board evaluates separate takeover proposals, deciding which could beat an existing US$24.4 billion take-private deal.
Mobile business props up dwindling Telecom sales
Fri, 22nd Feb 2013
#
shareholders
Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.
Privacy push drops Dell's profits
Wed, 20th Feb 2013
#
shareholders
World's third largest PC maker reports a 31% drop in profits, amid Michael Dell's attempt to take the company private.
Dell defends shareholder privacy offer
Tue, 12th Feb 2013
#
shareholders
Company fights back against shareholders who have questioned it's Us$13.95-a-share bid to take the firm private.
HP's woe after nine year low
Thu, 4th Oct 2012
#
shareholders
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.
Telecom to extend smartphone network by xmas
Tue, 2nd Oct 2012
#
shareholders
Telco firm to begin rolling out dual-carrier HSDPA to New Zealanders by Christmas as shareholders re-elect directors to the board.
Facebook stock falling fast
Fri, 17th Aug 2012
#
shareholders
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.
Trading of Trade Me shares halted - Updated
Mon, 18th Jun 2012
#
shareholders
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.
Facebook shares falter for second straight day
Wed, 23rd May 2012
#
shareholders
Facebook shares fall for second day as criticism grows over handling of IPO, with analysts predicting further drops.
Zintel Group sells Australian subsidiary for $15m - Updated
Thu, 15th Mar 2012
#
shareholders
Zintel Group has sold its Australian subsidiary to j2 Global for USD $15.3m, planning a generous capital repayment and special dividend for shareholders.
Trade Me shares climb on IPO
Tue, 13th Dec 2011
#
shareholders
Trade Me shares soar post-IPO, hitting $2.90 with predictions of reaching $3, as investors respond to the NZX launch.
Telecom, Chorus shares up
Wed, 23rd Nov 2011
#
shareholders
Telecom and Chorus shares rose on their NZX debut as separate entities, with Chorus up 11.26% to NZD $3.27 and Telecom rising 4.28% to NZD $2.02.
SmartPay closes Redeemable Preference Share offer
Tue, 20th Sep 2011
#
shareholders
SmartPay closes RPS offer, looks offshore for funding to offset debt. Company says NZ market lacks appetite for offer.