Stories by Pattrick
Wynyard 1H loss widens as sales climb 39%, says stock price doesn't reflect value
Tue, 25th Aug 2015
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wynyard group
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ipo
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sales
The company will launch its new cyber threat analytics software in the second half of 2015, which will deliver significant recurring software revenue.
Xero to double turnover to $200M this year, says CEO Rod Drury
Thu, 23rd Jul 2015
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fintech
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financial systems
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xero
New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.
Changes ahead as Sky TV announces new developments
Wed, 27th May 2015
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uc
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sky
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partners
Sky outlined three key developments; its partnership with Vodafone, Neon service and online access for certain sporting events.
Orion Health reports $61M full-year loss, beats prospectus on recurring revenue
Tue, 26th May 2015
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partner programmes
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healthtech
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orion health
Healthcare system software developer Orion Health reported a $60.8 million loss in line with its strategy to grow revenues before becoming profitable.
Rakon back to profit
Thu, 21st May 2015
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rakon
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shares
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stock market
Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.
Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says
Fri, 1st May 2015
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fintech
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financial systems
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xero
Xero boss Rod Drury says the accounting software developer has changed its tactics for hiring senior executives after the departure of a US chief exec.
While you were sleeping: JPMorgan Chase delivers
Wed, 15th Apr 2015
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wall street
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exxon mobil
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stock market
Wall Street advanced, pushing the Dow and the S&P 500 higher, after JPMorgan Chase reported better-than-expected earnings and energy stocks rose with.
Smiths City names 'turnaround specialist' Roy Campbell as CEO
Tue, 14th Apr 2015
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shares
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lion
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smiths city
Smiths City Group, the Christchurch-based retail chain, named Roy Campbell as chief executive, replacing Rick Hellings, who departs after 15 years as.
While you were sleeping: Wall Street erases earlier gains
Tue, 14th Apr 2015
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wearables
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digital entertainment
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power / energy
Wall Street fell, giving up earlier gains, as investors positioned themselves for the US corporate earnings season.
NZ Super Fund, other investors seek US$612.7 million over Oak Finance loan in UK courts
Mon, 13th Apr 2015
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banking
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new zealand super fund
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super
A debt recovery claim filed in the UK courts by the New Zealand Superannuation Fund and 11 other claimants against Portugese bank Novo Bank is demandi.
World Week Ahead: US earnings top agenda
Mon, 13th Apr 2015
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power / energy
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general electric
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financial results
US corporate earnings will take centre stage in the coming days with companies such as JPMorgan Chase, Wells Fargo, Johnson & Johnson and Intel report.
While you were sleeping: European stocks rise to record
Fri, 10th Apr 2015
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power / energy
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wall street
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general electric
European stocks rose, pushing a regional equity benchmark to a record high, after better-than-expected data from Germany and after Greece said it made.
While you were sleeping: Fed divided on rates
Thu, 9th Apr 2015
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martech
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commerce systems
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payment technologies
Wall Street moved higher, while US Treasuries fell after Federal Reserve minutes from last month's meeting showed policy makers couldn't agree over wh.
While you were sleeping: More cold water on US rates
Wed, 8th Apr 2015
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wall street
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us federal reserve
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industrial
Fed official's call for patience on rate hikes lifts Wall Street; Dow up 0.52%, S&P 500 up 0.27%, Nasdaq up 0.43%.
While you were sleeping: US jobs disappoint
Thu, 2nd Apr 2015
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wall street
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economy
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industrial
US equities slid after a private jobs report showed slower-than-expected growth, prompting concern that the economy might not be a strong as previousl.
MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr
Wed, 1st Apr 2015
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fintech
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financial systems
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xero
Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.
NZ dollar holds steady against greenback amid positive confidence surveys
Wed, 1st Apr 2015
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new zealand dollar
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australian economy
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trading
The New Zealand dollar held steady against the US dollar after both countries saw gains in confidence surveys, signalling a positive outlook for their.
While you were sleeping: Stocks move lower
Wed, 1st Apr 2015
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wall street
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nasdaq
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industrial
Wall Street moved lower, though it remained on track to post an advance for the first quarter of 2015, bolstered by a US economy that by and large con.
While you were sleeping: Stocks rally amid deals
Tue, 31st Mar 2015
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wall street
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banking
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industrial
Equities rallied amid a flurry of corporate takeovers as well as comments from China's central bank governor that the government plans to bolster the.
World Week Ahead: All about the economy
Mon, 30th Mar 2015
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hcm
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wall street
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payroll systems
Investors will scrutinise the latest US jobs data this week, with private payrolls, weekly jobless claims and the government's official report at the.