
DNZ Property posts 8.7pc drop in profit
DNZ Property Fund posted an 8.7 per cent drop in annual profit after writing down the value of development work
DNZ Property Fund posted an 8.7 per cent drop in annual profit after writing down the value of development work
Abano Healthcare says full-year profit will rise at least 60 percent and has urged shareholders to support chairman Trevor Janes at a special meeting that seeks to have him dumped.
Argosy Property more than doubled annual profit as new buildings generated more income and the value of its portfolio gained.
A turnaround in the fortunes of the council-owned Ports of Auckland has helped explode the myth that companies need to be listed on the NZX in order to perform.
Abano Healthcare anticipates its Australian and Asian audiology joint venture will start making a positive contribution to earnings in the next financial year.
Abano Healthcare's long-running dispute with two rebel shareholders has been a distraction for its board .
Abano Healthcare won a bid to sack rebel shareholder Peter Hutson and his wife Anya from their audiology joint venture, Bay International.
Mona Dotcom's separation from Kim Dotcom might have put part of his empire beyond his reach, with the family's ownership of Mega tied up in a trust in her name.
BurgerFuel has opened its first store in Egypt, a new front in the fast-growing Kiwi food brand's Middle East expansion.
Auckland International Airport plans to sell $150 million of seven-year bonds that will trade on the NZX, completing the long-term debt funding of last month's capital return.
Some of Twitter's biggest investors are hanging on to their shares, even as restrictions on selling the shares are set to lift.
NZX listing candidate and software company Gentrack said it had appointed Graham Shaw and Andy Coupe as independent directors.
The country's next batch of aspiring entrepreneurs have been given a crash course on the realities of business in Auckland this week.
In the conservative world of company boardrooms, the notion of directors signing up to Twitter and having followers is contrary to their traditional role.
Abano is mulling the extraordinary meeting request from rebel shareholders who want to dump Trevor Janes as chairman and refresh the board.
The brinksmanship between Abano Healthcare and two shareholders owning 19 per cent of the company continues.
A 2013 McKinsey survey asking board members where they would most like to spend additional time found two out of three picked strategy.
Goodbye, momentum. Technology companies had a relatively easy time marketing initial public offerings while stock markets were steadily rising.
A rebel shareholder group has launched a campaign to unseat Abano Healthcare chairman, Trevor Janes, in a coordinated attack that also questions decisions by NZX Regulation and a valuation by investment house Grant Samuel.
Restaurant Brands posted a 23% rise in profit after it boosted sales even as increased rivalry forced it to cut prices.
Jewellery chain Michael Hill International reported a 10.5 percent gain in sales for the first nine months of the year, led by growth in Canada and Australia.
Felix Salmon takes a hard look at Michael Lewis’ latest book 'Flash Boys'.
Xero boss Rod Drury says the company's $210m of cash means it can ignore mounting concerns over tech stocks and continue to "drive its business".