Industry insider news for New Zealand's technology resellers
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Video games market booming following COVID-19 related lockdowns
As an industry custom-built for people to stay indoors, it is understandable that the global video games market has boomed in the last few months, bringing huge profits for the leading gaming companies and their shareholders.
Sharesies partners with NZX to bring investment to ordinary Kiwis
Sharesies has signed up as a participant on the New Zealand Exchange (NZX) as it moves to allow investors to access all listed companies on the exchange.
Inabox reveals it is contemplating the sale of its business
The revelations came as the company experienced an unusual fluctuation in its share price.
Sydney IT consultant charged with insider trading and unauthorised access to data
Oakes doesn’t have to enter a plea and the matter was adjourned to 25 June 2018 for committal mention.
Dicker Data employees score $1000 in company shares
The offer will be made in accordance with the company's 40th-anniversary celebration employee share plan.
Aus study finds data breaches slice 5% from share prices
Australian organisations hit by a data breach may see their share prices drop as much as 5% and take months to recover from the incident.
2degrees founding father sells all shares
2degrees founder Tex Edwards announced today that he has bowed out of the company completely.
While you were sleeping: Apple, Microsoft falter
"We stepped right into the beginning of this week with IBM disappointing, followed by Microsoft, Apple and a couple of others."
MARKET CLOSE: NZ shares rise, led by Pacific Edge
New Zealand shares rose, led by Pacific Edge after a report about its medical testing products was published in a prominent medical journal.
UPDATE: Fliway falls 2.6% after IPO that raised $34 mln
Fliway Group shares have fallen 2.6 percent in early trading on the NZX, writes Pattrick Smellie.
Fliway edges up 1.7% in NZX debut after $34m IPO
he stock first traded at $1.22, before falling back to $1.21, or 1 cent above its offer price.
Fletcher performance shows building products not all plain sailing as Carter mulls IPO
Fletcher Building's shares missed out on the rally in New Zealand shares in the past five years and Graeme Hart's Carter Holt Harvey will face similar
Fonterra shareholders disappointed with Fonterra dividend given low milk prices
The Fonterra Shareholders' Council said farmers are disappointed with today's announcement of an interim dividend of 10 cents a share and a trimmed fo
MARKET CLOSE: NZ shares fall, led by Meridian, Spark, Fletcher
New Zealand shares fell, led by Meridian Energy ahead of its second instalment receipt coming due in May.
Goodman to spend $28 million on three new developments
Goodman Property Trust, New Zealand's largest listed property investor by market value, will spend $28 million on two new industrial plants and an off
Breaking news: Xero shares jump 21% after $147 million investment
Shares of Xero jumped 21 percent after US-based institutional funds invested $147.
Apple’s record breaking profits fuelled by iPhone, Mac and App Store sales
Apple has announced its first quarter financial results, reporting it’s highest-ever revenue and earnings with a 48% increase in EPS (earnings per share).
Buller loses bid to claw back interest on $4 million from Brightwater over escarpment plans
Buller Coal, the would-be Denniston Plateau coal miner owned by Bathurst Resources, has lost an application in the High Court to claim interest on
NZ dollar heads for 0.4% decline as greenback strengthens on yen
The kiwi slid to 78.81 US cents at 5pm from 79.15 cents at 8am on Monday. The trade-weighted index edged lower to 78.29 from 78.38 on Monday.
ASB trims milk price forecast by 40c in wake of GDT prices hitting lowest level in five years
The GDT average winning price slid 3.1 percent to US$2,561 overnight, the lowest level since August 2009.
Facebook meets expectations in first earnings report
The world’s no.1 social-networking site performs as predicted but still faces concerns from worried investors.
SmartPay closes Redeemable Preference Share offer
"Unfortunately the New Zealand market simply does not yet have an appetite for this type of offer."