SecurityBrief New Zealand - Technology news for CISOs & cybersecurity decision-makers

Stories by Pattrick - Page 25

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Vector 1H profit falls 17% on regulatory impost, mark-to-market losses, borrowing costs
Fri, 20th Feb 2015
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vector
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commerce commission
Vector's 1H profit dips 17% amid regulation, market volatility, and rising debt costs, despite a 4.4% sales increase.
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Auckland Airport lifts annual profit guidance as 1H earnings rise 1.3%
Fri, 20th Feb 2015
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auckland airport
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revenue
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cash flow
Auckland International Airport, the country's major gateway, raised its expectations for annual profit after first-half earnings rose.
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Vocus to spend US$58.5m to beef up Southern Cross Cable
Fri, 20th Feb 2015
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uc
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network infrastructure
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telco
It will increase the firm's existing capacity by almost 10 times to ensure it will continue to meet the rapid growth in internet data demand.
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NZ dollar hits fresh record vs. Australian dollar as analysts mull parity
Fri, 20th Feb 2015
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nzd
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new zealand dollar
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australian dollar
The New Zealand dollar hit a new record against the Australian dollar overnight, with some analysts saying there is nothing to stop it.
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Spark 1H profit falls 13% after streamlining operations; outlook still uncertain
Thu, 19th Feb 2015
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uc
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fintech
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commerce commission
Spark New Zealand's first-half profit fell 13 percent after the company formerly called Telecom slimmed down its business, selling assets such as AAPT.
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Eroad offers $10,000 signing bonus for software engineers
Thu, 19th Feb 2015
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fleet management
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eroad
Eroad, the listed electronic road user charges and transport services company, is offering $10,000 signing bonuses for software engineers.
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Steel & Tube posts 35% gain in first-half profit on uplift in construction
Thu, 19th Feb 2015
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sales
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steel & tube
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construction
Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.
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NZ dollar spikes higher on US dollar weakness after dovish Fed minutes
Thu, 19th Feb 2015
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nzd
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new zealand dollar
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kiwi
The New Zealand dollar surged after dovish Fed minutes hinted at prolonged low US interest rates, setting a record high against the Aussie dollar.
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While you were sleeping: Greece to seek extension
Thu, 19th Feb 2015
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wall street
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exxon mobil
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jpmorgan chase
Wall Street moved lower amid disappointing US economic data as investors awaited the release of the minutes of the January Federal Reserve meeting.
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Tenon delivers $2m profit in first half, on track for 2016 dividends
Wed, 18th Feb 2015
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tenon
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banking
Tenon, whose locally produced wood mouldings are sold in the US, turned a first-half profit as an improving US housing market pushed revenue, as fo.
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MARKET CLOSE: NZ shares fall led by Fletcher on outlook; Meridian rises to record
Wed, 18th Feb 2015
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nzx
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meridian energy
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fletcher building
New Zealand shares fell led by Fletcher Building, after the company said full-year earnings would be at the lower end of guidance.
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NZ dollar holds gains ahead of US Fed minutes
Wed, 18th Feb 2015
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new zealand dollar
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nz dollar
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kiwi
The New Zealand dollar held gains through local trading ahead of minutes to the last Federal Open Market Committee meeting, which investors will be.
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State-owned Japan Post launches A$6.5 bln takeover bid for Toll Holdings
Wed, 18th Feb 2015
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japan post
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toll holdings
Japan Post makes a grand £3.6bn bid for Aussie logistics titan Toll Holdings, with the board's full backing — shares leap in response.
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Complectus continues acquisition spree with Covenant Trustee
Wed, 18th Feb 2015
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perpetual guardian
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complectus
Complectus, which owns trustee firm Perpetual Guardian, has signed a heads of agreement with Covenant Trustee Services as it continues its purchasi.
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UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition
Wed, 18th Feb 2015
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iag
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fy
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revenue
Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.
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Fonterra may raise its payout to farmers after upbeat dairy auctions
Wed, 18th Feb 2015
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fonterra
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banking
Fonterra Cooperative Group may increase its forecast payout to New Zealand dairy farmers for this season after prices for whole milk powder, the na.
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Trade Me posts slower 1H profit growth, says FY earnings will be 'subdued'
Wed, 18th Feb 2015
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trade me
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financial results
Trade Me Group posted slower profit growth in the first half of its financial year as increased investment ramped up costs.
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Meridian's Binns hopeful of keeping smelter contract
Wed, 18th Feb 2015
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meridian energy
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rio tinto
Meridian Energy chief executive Mark Binns is hopeful of retaining the Tiwai Point smelter as a customer, but acknowledged there's still some uncer.
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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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physical security
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christmas
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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.
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UPDATE: Meridian shares rise after capital return flagged
Wed, 18th Feb 2015
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meridian energy
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rio tinto
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retailers
Shares of Meridian Energy gained after the electricity generator-retailer flagged capital returns for shareholders over the next five years, includ.