NZX stories
New Zealand listed businesses must make the NZX aware of company announcements via social media, differing from American protocol.
Fast-growing Wynyard Group eyes capital for expansion, with new chair Murray Horn silent on NZ stock exchange listing. Growth demands loom.
An NZX adviser will pay NZD $10,000 after exploiting a client to gain Trade Me shares during its IPO, violating trading rules and market watchdog sanctions.
Trade me said it will meet its prospectus forecast for dividends in the second half of the year though a hoped-for economic upturn hasn't materialised.
Windflow risks trading suspension after missing financial report deadline, citing director's absence. Vows Monday submission to avert NZX action.
Xero, the Kiwi cloud accounting firm, proudly steps into the NZX 50, marking a milestone in its journey since its 2006 inception.
Trade Me shares soar post-IPO, hitting $2.90 with predictions of reaching $3, as investors respond to the NZX launch.
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.
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.
Renaissance reclaims shares from ex-CEO Paul Johnston after a failed loan repayment, securing 604,470 shares worth nearly $100,000.
TechnologyOne secures eight major NZ customers, sealing deals worth millions over the past year, boosting its local workforce and outperforming rivals.
Telecom has revised its financial guidance and stated its willingness to work with the government on its fibre rollout.
It began 14 years ago with 17 shareholders putting up $5,000 each, but now CityLink has been completely gobbled up by the publically listed company TeamTalk.
Crown Fibre Holdings Chair Simon Allen remains tight-lipped on the CEO appointment, as the board gears up for a rapid Ultra Fast Broadband rollout.
Finzsoft has an excellent software product in Sovereign and it has high calibre and loyal customers in both New Zealand and Australia.
NZX unveils SciTech Index, spotlighting NZ's 'quiet achiever' firms excelling globally, aiming to boost local investor interest in booming sector.
Rakon slashes full-year earnings forecast to USD $8-12 million, down from USD $14-16 million, due to delayed sales and thinner margins; shares drop 2.4%.
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.
Financial uncertainty could drive businesses to embrace cloud tech, says an expert, as global stock markets react to the US credit rating downgrade.
