Spark secures wireless broadband sign-off in $9 million deal
By Edwin Mitson April 5 (BusinessDesk) - Spark New Zealand, the telecommunications retailer, says it has now received all regulatory approvals for its planned purchase of a block of wireless spectrum for $9 million. The telecommunications company said the deal had now been...
Indebted Mercer Group settles insurance claim for $2.67 million, shares jump
By Edwin Mitson April 5 (BusinessDesk) - Mercer Group, the stainless steel fabricator, has settled an insurance claim with AIG over damage to a property in the Christchurch earthquakes in 2010 and 2011. AIG is to pay $2.7 million plus GST to Mercer to conclude the claim ov...
PharmaZen annual profit jumps on lower dollar
By Edwin Mitson April 4 (BusinessDesk) - PharmaZen, the Christchurch-based animal and human nutrition manufacturer, saw profits jump in 2015 off the back of a lower New Zealand dollar as it ramped up spending on research and development. While sales rose 5.3 percent to $7.1...
Finzsoft in profit warning, strikes deal with First Credit Union
By Edwin Mitson March 31 (BusinessDesk) - Finzsoft Solutions, the listed Auckland-based software provider to banks and financial services companies, has warned investors profits will be "materially lower" when it publishes its full-year results for the year to the end of Marc...
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