News in Brief
News in Brief
Technology
US firm takes controlling stake in NZ’s Kami at $300m valuation
A US private equity firm has taken a controlling stake in one of New Zealand’s fastest-growing software firms – Auckland-based Kami, whose online tools are used by some 40 million teachers and students worldwide.But Kami’s founders say they will continue to lead the firm long-ter...
Retail
NZ Westfield mall owner revenues up
Scentre Group's revenue has risen across its five shopping centres in New Zealand despite the value of its equity falling marginally.The group, which owns 51% of the Westfield shopping centres in Albany, Manukau, Newmarket, Riccarton and St Lukes, declared earnings for the si...
Markets
Sky TV financial results: after-tax profit of $49.2m
Sky TV has delivered a “solid” net after-tax profit of $49.2 million, a drop of 3.7% on its previous financial year in what it describes as difficult and challenging market conditions, which has seen its customer base fall to its lowest in five years.The result comes as the compa...
Markets
ASX: Aussie shares extend streak but fall just short of mark
The local share market rose 0.2% to equal its longest winning streak of the year.
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