Shares stories - Page 10

Kiwi firm Serko announces IPO to fuel growth ambitions, offering NZD $17 million in new shares. Listings open 4 June for NZX and ASX investors.

Telecom sells Australian AAPT unit to TPG Telecom for AUD $450 million, exceeding expectations. The move aligns with its focus on NZ operations.

Wynyard Group ramps up 2013 capital spending by up to 63%, bringing forward staff recruitment and setting new expenditure targets to drive sales growth.

Rakon managing director Brent Robinson and his brother, executive director Darren Robinson forced to sell shares after a telling off by the Takeovers Panel.

Sky TV has inked a deal with Vodafone, merging separate resale and distribution agreements, boosting Sky TV shares by 1.3% to NZD $5.30.

Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.

Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.

ANZ tech firm Fronde posts strong growth with FY13 revenue up 25.8% to AUD $59.9m and net profit soaring by 145% to AUD $2.7m, driven by cloud expansion.

Christchurch IT company is to offer New Zealanders the opportunity to share in the rapid growth of online commerce.

Search giant stacked on workers last year to keep pace with an online advertising market that's growing at the expense of newspapers and television.

Software maker blames an expanding salesforce for a pretty big miss during third-quarter software sales, does this mean a resounding boost during Q4?.

Trade Me is offloading its group-buying site Treat Me, with a management-led consortium set to take control next month for an undisclosed sum.

Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.

Harbour Asset Management reduces shareholding from 9.04% to 5.15% following cuts to the company's annual earning guidance.

New Zealand sales fell 6 percent in the first half from a year-earlier result boosted by the 2011 Rugby World Cup.

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%.

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.

As Facebook comes under criticism for low tax payments in NZ, company stock increases by nearly US$7 a share during November.

Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.

A sluggish first half saw Rakon's six-month loss widen to USD $3.96M, with falling revenues and rising expenses. Shares dropped 4.4% to 43 cents.