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Smartpay to raise further $4.3 million in share placement

Smartpay to raise further $4.3 million in share placement
Wellington, Sept 8 NZPA - Merchant services provider Smartpay is raising $4.3 million via a placement of shares in two tranches and will then move to reduce the number of shares on issue.

Investors lament lack of spark in equity markets

Investors lament lack of spark in equity markets
Wellington, June 24 NZPA - The New Zealand sharemarket barely moved on a day in which a quickly executed change of leadership in neighbouring Australia came on top of growth figures for this economy.

Smartpay reports loss due to non-recurring items

Smartpay reports loss due to non-recurring items
Wellington, May 31 NZPA - Eftpos terminal company Smartpay, which acquired the payments division of rival ProvencoCadmus from receivers, has reported a loss before tax of $2.648 million in the year to March 31 from a loss of $4.748m last year.

NZ sharemarket tumbles, Telecom falls after earnings

NZ sharemarket tumbles, Telecom falls after earnings
Wellington, May 7 NZPA - Telecom fell to a new record low of 207 today before recovering to 213 after reporting a drop in earnings on a day equity markets around the globe were in turmoil.

Smartpay outsources manufacturing, 40 jobs to go

Smartpay outsources manufacturing, 40 jobs to go
Wellington, May 6 NZPA - About 40 people will lose their jobs when merchant services provider Smartpay ceases manufacturing of Eftpos terminals in Auckland.

NZ sharemarket little changed, lines in selected stocks

NZ sharemarket little changed, lines in selected stocks
Wellington, April 9 NZPA - The New Zealand sharemarket ended little changed today but selected stocks continued to advance and brokers noted lines of stock trading in Michael Hill and Pyne Gould Corp.

NZ sharemarket falls away from high

NZ sharemarket falls away from high
Wellington, April 8 NZPA - The New Zealand sharemarket fell away today from an 18-month high reached yesterday, with market heavyweights Fletcher Building and Contact Energy both retreating from multi-month peaks.

NZ Sharemarket Rises As Telecom Languishes

NZ Sharemarket Rises As Telecom Languishes
Wellington, March 18 NZPA - The New Zealand sharemarket rose today even though the share price of market heavyweight Telecom languished near an all-time low set yesterday.

NZ Sharemarket Posts Modest Gain In Quiet Session

NZ Sharemarket Posts Modest Gain In Quiet Session
Wellington, March 5 NZPA - The New Zealand sharemarket rose for an eighth successive trading day to a six-week high but brokers described it as a quiet day.

Smartpay Predicts Profit, Sources Working Capital Funding

Smartpay Predicts Profit, Sources Working Capital Funding
Wellington, March 4 NZPA - Smartpay Ltd is forecasting an annual operating profit for the year to March 31, 2010 and has sourced $3.05 million of working capital.

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