Recent Posts

While you were sleeping: European stocks climb

Equities in Europe advanced after European Central Bank President Mario Draghi cemented expectations euro-zone policy makers will take action at their next meeting in June to help bolster the region’s economy. Speaking at an ECB Forum on Central Banking on Monday, Draghi said the central bank expects that “low inflation will be prolonged but gradually return to 2 percent.” “Our …

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Wynyard sees annual sales of $31 mln, eyes acquisitions

Wynyard Group, whose shares have doubled since the security software company’s listing last July, expects annual sales will be 15 percent higher than the prospectus forecast, and is looking at potential acquisitions to drive faster growth. The Auckland-based company expects revenue of about $31 million this calendar year, with sales execution in the second-half seen as critical, according to presentation …

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Serko seeks up to $22 mln in IPO to fund growth plans across Asia Pacific

Serko, the online business travel booking company, is seeking up to $22 million in an initial public offer, which it will use to fund growth aspirations across the Asia Pacific region The Auckland-based company will sell 15.5 million new shares at $1.10 apiece, raising some $17 million, and a further 4.5 million existing shares worth $5 million will be sold …

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