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Global Stories

Cisco NZ sales creep up in 2014, sees gains on growing IT reliance
Cloud Services

Cisco NZ sales creep up in 2014, sees gains on growing IT reliance

Cisco's broad suite of products meant it was well placed to meet rising demand from a growing reliance on web based services.

By Pattrick Smellie • 4 min read • Thu, 5th Feb 2015

Stories from Other Regions

Skellerup 1H profit falls 10%, missing forecast, annual profit growth to stall
Sales

Skellerup 1H profit falls 10%, missing forecast, annual profit growth to stall

Skellerup's 1H profit dips by 10%, missing targets, with zero growth forecast amid Aussie mining sector cutbacks.

By Pattrick Smellie • 3 min read • Fri, 20th Feb 2015
Steel & Tube posts 35% gain in first-half profit on uplift in construction
Sales

Steel & Tube posts 35% gain in first-half profit on uplift in construction

Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.

By Pattrick Smellie • 2 min read • Thu, 19th Feb 2015
CORRECT: Kirkcaldie & Stains flags October for possible capital return, mulls future of store
Physical Security

CORRECT: Kirkcaldie & Stains flags October for possible capital return, mulls future of store

Kirckcaldie & Stains, the unprofitable Wellington department store, is waiting for a new chief executive and the final payment from the buyer of it.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015
Tui writedown turns NZOG to a first-half loss
Shares

Tui writedown turns NZOG to a first-half loss

New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015
ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm
Sales

ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm

Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.

By Pattrick Smellie • 2 min read • Tue, 17th Feb 2015
US FAA approved drone company Aeronavics to crowd fund up to $1.5 million
Snowball Effect

US FAA approved drone company Aeronavics to crowd fund up to $1.5 million

Aeronavics, a Waikato-based drone company with one of only two US Federal Aviation Authority permissions to be used for filming, is looking to rais.

By Pattrick Smellie • 3 min read • Fri, 13th Feb 2015
RESEND: LIC lifts first-half profit 10% on demand for dairy breeding technology
NZX

RESEND: LIC lifts first-half profit 10% on demand for dairy breeding technology

Livestock Improvement Corp, a farmer cooperative that sells bull semen and provides a dairy genetics database, posted a 10 percent gain in first-ha.

By Pattrick Smellie • 2 min read • Thu, 12th Feb 2015
Connector Systems targets vertical markets, shakes up traditional approach
Connector Systems

Connector Systems targets vertical markets, shakes up traditional approach

While the status quo vendor driven business model continued to remain their core business, there was emerging a complementary solution driven model.

By Catherine Knowles • 3 min read • Wed, 11th Feb 2015
Head along to the HP Sales Odyssey 2015
HP

Head along to the HP Sales Odyssey 2015

The HP NZ Printing and Personal Systems (PPS) team have announced the HP 2015 Sales Odyssey will be held at the end of February.

By Catherine Knowles • 1 min read • Wed, 4th Feb 2015
JB Hi-Fi's NZ first-half sales, earnings fall in 'very competitive' market
JB Hi-Fi

JB Hi-Fi's NZ first-half sales, earnings fall in 'very competitive' market

JB Hi-Fi's New Zealand sales and earnings fell in the first half of the financial year in what the Australian discount consumer electronics chain s.

By Pattrick Smellie • 2 min read • Tue, 3rd Feb 2015
UPDATE: Kathmandu shares slump to 2 1/2 year low on profit warning
Management

UPDATE: Kathmandu shares slump to 2 1/2 year low on profit warning

Kathmandu Holdings stock slumped 19 percent to a two-and-a-half year low after the outdoor goods retailer said Christmas and January trading lagged.

By Pattrick Smellie • 2 min read • Mon, 2nd Feb 2015
Graham Shaw, Peter Huljich join Pushpay board
Fintech

Graham Shaw, Peter Huljich join Pushpay board

Graham Shaw and Peter Huljich have joined Pushpay Holdings' board as part of the NZAX-listed mobile payment app developer's plan to graduate to the.

By Pattrick Smellie • 2 min read • Tue, 13th Jan 2015
Pernod Ricard cuts deal over convertible note tax dispute
Inland Revenue Department

Pernod Ricard cuts deal over convertible note tax dispute

Pernod Ricard has joined the list of firms cutting deals with the Inland Revenue Department to settle tax disputes over the use of mandatory conver.

By Pattrick Smellie • 3 min read • Tue, 23rd Dec 2014
Rex Bionics stock almost halves in value after sales warning
Health Technologies

Rex Bionics stock almost halves in value after sales warning

Rex Bionics, the New Zealand company listed on the London Stock Exchange's growth-orientated AIM market, almost halved in value last week after it.

By Pattrick Smellie • 3 min read • Mon, 22nd Dec 2014
GeoOp posts wider first-half loss as it chases global growth
Government

GeoOp posts wider first-half loss as it chases global growth

GeoOp, the small business app developer, widened its first-half loss as it spent more on product development and sales to chase global growth.

By Pattrick Smellie • 2 min read • Thu, 11th Dec 2014
Bunnings triples annual profit in NZ as pickup in construction spurs demand
Sales

Bunnings triples annual profit in NZ as pickup in construction spurs demand

Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.

By Pattrick Smellie • 2 min read • Wed, 10th Dec 2014
Hallenstein Glasson sales up on last year, margins improve, chairman Bell says
Data Analytics

Hallenstein Glasson sales up on last year, margins improve, chairman Bell says

Hallenstein Glasson, the clothing chain, said sales are tracking above last year after four months of trading and margins have improved, though the.

By Pattrick Smellie • 2 min read • Wed, 10th Dec 2014