Recent Posts

Diligent sales growth slows in fourth quarter, accelerates European expansion

Diligent Board Member Services, the governance software developer, said sales growth slowed in the last three months of 2013, and it has decided to speed up its expansion plans in Europe. The New York-based company added 145 net new clients in the three months ended Dec. 31, compared to 193 a year earlier. It lifted its cash balance US$8.7 million …

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NZ dollar rises to near 8-week high as markets mull US jobs data

The New Zealand dollar rose to its highest level since late November as markets continued to gauge whether last Friday’s weak US employment figures will weigh on the Federal Reserve’s plans to scale back its bond buying programme. The kiwi rose as high as 83.83 US cents, its highest level since Nov. 20, trading at 83.76 cents at 8am in …

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While you were sleeping Lululemon slides

Wall Street declined as investors awaited a slew of US corporate earnings to gauge whether, and for which companies, the pickup in the economic recovery has translated to an improvement in the bottom line. In afternoon trading in New York today, the Dow Jones Industrial Average fell 0.38 percent, the Standard & Poor’s 500 Index slid 0.41 percent, while the …

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