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

Shareholders stories - Page 6

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Struggling Rakon dangles dividends for ‘long-suffering’ shareholders

Mon, 9th Sep 2013
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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.
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Rakon braces itself for $54m loss

Fri, 6th Sep 2013
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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%.
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Rakon's Robinson brothers to sell shares following breach

Thu, 1st Aug 2013
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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%.
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Sell, Sell, Sell…Chorus shares?

Mon, 24th Jun 2013
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shareholders
Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.
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Snakk grows annual revenue by 83%

Wed, 5th Jun 2013
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shareholders
The company’s financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.
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NZ-owned Fronde acquires Aussie OnlineOne

Wed, 1st May 2013
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shareholders
Wellington-based ICT company says deal will allow leverage of NetSuite capability into the New Zealand market.
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Depressing Dell makes private case

Wed, 3rd Apr 2013
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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.
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Dell considers rival bids

Tue, 26th Mar 2013
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shareholders
Dell's board evaluates separate takeover proposals, deciding which could beat an existing US$24.4 billion take-private deal.
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Mobile business props up dwindling Telecom sales

Fri, 22nd Feb 2013
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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.
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Privacy push drops Dell's profits

Wed, 20th Feb 2013
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shareholders
World's third largest PC maker reports a 31% drop in profits, amid Michael Dell's attempt to take the company private.
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Dell defends shareholder privacy offer

Tue, 12th Feb 2013
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shareholders
Company fights back against shareholders who have questioned it's Us$13.95-a-share bid to take the firm private.
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HP's woe after nine year low

Thu, 4th Oct 2012
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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.
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Telecom to extend smartphone network by xmas

Tue, 2nd Oct 2012
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shareholders
Telco firm to begin rolling out dual-carrier HSDPA to New Zealanders by Christmas as shareholders re-elect directors to the board.
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Facebook stock falling fast

Fri, 17th Aug 2012
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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.
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Trading of Trade Me shares halted - Updated

Mon, 18th Jun 2012
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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.
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Facebook shares falter for second straight day

Wed, 23rd May 2012
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shareholders
Facebook shares fall for second day as criticism grows over handling of IPO, with analysts predicting further drops.
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Zintel Group sells Australian subsidiary for $15m - Updated

Thu, 15th Mar 2012
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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.
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Trade Me shares climb on IPO

Tue, 13th Dec 2011
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shareholders
Trade Me shares soar post-IPO, hitting $2.90 with predictions of reaching $3, as investors respond to the NZX launch.
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Telecom, Chorus shares up

Wed, 23rd Nov 2011
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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.
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SmartPay closes Redeemable Preference Share offer

Tue, 20th Sep 2011
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shareholders
SmartPay closes RPS offer, looks offshore for funding to offset debt. Company says NZ market lacks appetite for offer.