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ASX stories - Page 3

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Dulux takes $15.2 million hit in IRD tax dispute

Tue, 7th Apr 2015
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DuluxGroup settles a long-standing tax dispute with New Zealand's IRD, taking a USD $15.2 million hit to cover provisions, including USD $8.9 million in cash.
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MARKET CLOSE: NZ shares rise, led by A2 on ASX debut

Tue, 31st Mar 2015
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NZ shares climbed as A2 Milk's promising ASX debut saw a 12% rise. Yet, Warehouse Group, Genesis Energy, and Metlifecare dipped amid ex-dividend status.
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Wynyard proposes dual listing on Australian bourse

Thu, 19th Mar 2015
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Wynyard Group, the crime-fighting software and services developer, plans a dual listing on the Australian stock exchange.
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Allan Gray reduces stake in APN News & Media

Tue, 17th Mar 2015
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The Australian fund that helped force a boardroom shakeout at APN News & Media has reduced its stake in the group after earlier selling down its holdi.
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A2 gets approval for ASX listing

Mon, 16th Mar 2015
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A2 Milk Co, the milk marketing company chasing a dual-listing across the Tasman, has issued an information memorandum to would-be Australian investors.
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Asaleo Care beats prospectus with 18% gain in full-year profit

Tue, 24th Feb 2015
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Asaleo Care, the maker of household brands such as Libra, Sorbent, Purex and Treasures that debuted on the ASX last year, posted an 18 percent gain in.
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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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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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Christchurch crematoriums fire up InvoCare's annual income

Tue, 17th Feb 2015
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InvoCare, Australia's largest undertaker, said its New Zealand unit earnings jumped up 24 percent after it bought two Christchurch crematoriums.
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Evolve on track to secure 85 kindergartens by end of March, eyes more centres

Tue, 17th Feb 2015
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Evolve Education Group, the listed childcare business, said it's on track to settle its acquisitions as forecast in its prospectus and is eyeing fu.
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ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm

Tue, 17th Feb 2015
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Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.
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Nufarm plans to consolidate European plants, take 30M euro charge

Mon, 9th Feb 2015
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Nufarm, the agricultural chemicals manufacturer, will take a 30 million euro charge this year to consolidate its European manufacturing operations.
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Tomizone says Gidday Mate with Aussie acquisition

Mon, 2nd Feb 2015
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NZ's Tomizone tackles Aussie market via PHW reverse takeover, eyeing ASX listing and expansive Wi-Fi dominion.
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Qantas squeezes more revenue on trans-Tasman route in busier market

Mon, 29th Dec 2014
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Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows.
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Australia's HRL Holdings to buy Precise Consulting

Wed, 24th Dec 2014
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HRL Holdings, the ASX-listed geothermal exploration company, has agreed to buy Precise Consulting, a hazardous material testing laboratory, for $5.
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A2 Milk changes Chinese supply approach for infant formula

Fri, 21st Nov 2014
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A2 Milk Co has agreed to make China State Farm Holdings Shanghai the sole importer of its a2Platinum infant formula while the milk marketer will ta.
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MARKET CLOSE: NZX 50 rises to record, led by A2 Milk; Genesis, Meridian gain

Tue, 18th Nov 2014
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NZX 50 hits record high, driven by A2 Milk's ASX dual-listing news and strong gains in energy and property sectors.
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CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild

Thu, 13th Nov 2014
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Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.
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CORRECT: Singapore's GIC expands NZ presence, buying into 5 Westfield malls

Fri, 7th Nov 2014
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GIC, the Singaporean investment fund, has entered a joint venture with Scentre Group, the trans-Tasman Westfield mall owner and operator, paying $1.
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CORRECT: Orion to raise $125 mln at $5.70 a share, top of the range

Fri, 7th Nov 2014
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Shares of Orion Healthcare Group, which develops software systems for patient health management, have been priced at $5.
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APN to take $54 mln charge on NZ mastheads, sees 5.1% drop in NZME's 2015 earnings

Thu, 6th Nov 2014
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APN News & Media will take a $54 million impairment on its New Zealand newspaper mastheads in its 2014 results and forecast a 5.