Listed Companies

Sky Network sells live sports filming subsidiary

Dan Brunskill
Wed, 12 Aug 2020

Sky Network Television has sold its subsidiary Outside Broadcasting Limited, which is responsible for filming live sports, to global production conglomerate NEP. The transaction enables Sky to dodge spending roughly $50 million to buy broadcast equipment in the next five years which it said was needed to “stay at the forefront of broadcast technology”. The sale will allow Sky to focus on developing more creative content, a statement to the NZX said. The company is in the process of transitioning away from satellite television and into onl...

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Markets
MARKET CLOSE: Pushpay leads stock market higher
Dan Brunskill | Wed, 23 Sep 2020

Pushpay led the stock market higher on an analyst upgrade and as tech stocks on Wall Street rebounded following extended selling.

Retail
Moa to open Azabu in iconic Mission Bay spot
Victoria Young | Wed, 23 Sep 2020

The company is bullish about a return for hospitality having recently received investment from wealthy agricultural family the Cushings, and Big Chill’s Colin Neal.  

Infrastructure
Two-month delay in Tui decommissioning
Gavin Evans | Wed, 23 Sep 2020

The government has lost up to two months in its efforts to get an undersea inspection of the Tui oil field underway in preparation for decommissioning.In July, the Ministry of Business, Innovation and Employment sought bids from firms interested in inspecting and testing the fiel...

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If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.

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Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.