ASX stories - Page 4
Allan Gray reduces stake in APN News & Media
Tue, 17th Mar 2015
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new zealand herald
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.
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.
Asaleo Care beats prospectus with 18% gain in full-year profit
Tue, 24th Feb 2015
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asaleo care
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.
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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sales
Kirckcaldie & Stains, the unprofitable Wellington department store, is waiting for a new chief executive and the final payment from the buyer of it.
Christchurch crematoriums fire up InvoCare's annual income
Tue, 17th Feb 2015
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commerce commission
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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.
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
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.
ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm
Tue, 17th Feb 2015
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inventis
Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.
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.
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.
Qantas squeezes more revenue on trans-Tasman route in busier market
Mon, 29th Dec 2014
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air new zealand
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qantas
Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows.
Australia's HRL Holdings to buy Precise Consulting
Wed, 24th Dec 2014
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apm
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software development
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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.
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.
MARKET CLOSE: NZX 50 rises to record, led by A2 Milk; Genesis, Meridian gain
Tue, 18th Nov 2014
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power / energy
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healthtech
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meridian energy
NZX 50 hits record high, driven by A2 Milk's ASX dual-listing news and strong gains in energy and property sectors.
CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild
Thu, 13th Nov 2014
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telco
Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.
CORRECT: Singapore's GIC expands NZ presence, buying into 5 Westfield malls
Fri, 7th Nov 2014
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shares
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scentre group
GIC, the Singaporean investment fund, has entered a joint venture with Scentre Group, the trans-Tasman Westfield mall owner and operator, paying $1.
CORRECT: Orion to raise $125 mln at $5.70 a share, top of the range
Fri, 7th Nov 2014
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ipo
Shares of Orion Healthcare Group, which develops software systems for patient health management, have been priced at $5.
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.
Xero seeks short-term cash cover
Tue, 9th Oct 2012
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fintech
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financial systems
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xero
The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.
Telecom to de-list from NYSE
Fri, 8th Jun 2012
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telco
Telecom to de-list ADRs from NYSE on 9th July, aiming to cut administration costs. Shares remain on NZX, ASX. Second-half EBITDA forecast at USD $560M.
Researchers endorse Trade Me IPO
Tue, 22nd Nov 2011
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Woodward Research endorses Trade Me IPO, citing strong cash flows and profitability. The company to raise NZD $363.5 million from a 34% stake sale.