IT Brief UK - Technology news for CIOs & IT decision-makers

Stories by Pattrick

Wynyard stock

Wynyard 1H loss widens as sales climb 39%, says stock price doesn't reflect value

Tue, 25th Aug 2015
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wynyard group
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ipo
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sales
The company will launch its new cyber threat analytics software in the second half of 2015, which will deliver significant recurring software revenue.
Rod drury

Xero to double turnover to $200M this year, says CEO Rod Drury

Thu, 23rd Jul 2015
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fintech
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financial systems
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xero
New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.
Sky tv

Changes ahead as Sky TV announces new developments

Wed, 27th May 2015
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uc
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sky
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partners
Sky outlined three key developments; its partnership with Vodafone, Neon service and online access for certain sporting events.
Orion health

Orion Health reports $61M full-year loss, beats prospectus on recurring revenue

Tue, 26th May 2015
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partner programmes
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healthtech
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orion health
Healthcare system software developer Orion Health reported a $60.8 million loss in line with its strategy to grow revenues before becoming profitable.
Profit

Rakon back to profit

Thu, 21st May 2015
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rakon
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shares
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stock market
Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.
Xero

Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says

Fri, 1st May 2015
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fintech
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financial systems
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xero
Xero boss Rod Drury says the accounting software developer has changed its tactics for hiring senior executives after the departure of a US chief exec.
Wall st 2

While you were sleeping: JPMorgan Chase delivers

Wed, 15th Apr 2015
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wall street
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exxon mobil
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stock market
Wall Street advanced, pushing the Dow and the S&P 500 higher, after JPMorgan Chase reported better-than-expected earnings and energy stocks rose with.
Smiths

Smiths City names 'turnaround specialist' Roy Campbell as CEO

Tue, 14th Apr 2015
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shares
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lion
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smiths city
Smiths City Group, the Christchurch-based retail chain, named Roy Campbell as chief executive, replacing Rick Hellings, who departs after 15 years as.
Wall st 2

While you were sleeping: Wall Street erases earlier gains

Tue, 14th Apr 2015
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wearables
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digital entertainment
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power / energy
Wall Street fell, giving up earlier gains, as investors positioned themselves for the US corporate earnings season.
Investor relations

NZ Super Fund, other investors seek US$612.7 million over Oak Finance loan in UK courts

Mon, 13th Apr 2015
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banking
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new zealand super fund
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super
A debt recovery claim filed in the UK courts by the New Zealand Superannuation Fund and 11 other claimants against Portugese bank Novo Bank is demandi.
Us earnings

World Week Ahead: US earnings top agenda

Mon, 13th Apr 2015
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power / energy
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general electric
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financial results
US corporate earnings will take centre stage in the coming days with companies such as JPMorgan Chase, Wells Fargo, Johnson & Johnson and Intel report.
Welcome

While you were sleeping: European stocks rise to record

Fri, 10th Apr 2015
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power / energy
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wall street
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general electric
European stocks rose, pushing a regional equity benchmark to a record high, after better-than-expected data from Germany and after Greece said it made.
Wall st 2

While you were sleeping: Fed divided on rates

Thu, 9th Apr 2015
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martech
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commerce systems
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payment technologies
Wall Street moved higher, while US Treasuries fell after Federal Reserve minutes from last month's meeting showed policy makers couldn't agree over wh.
Stats rates

While you were sleeping: More cold water on US rates

Wed, 8th Apr 2015
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wall street
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us federal reserve
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industrial
Fed official's call for patience on rate hikes lifts Wall Street; Dow up 0.52%, S&P 500 up 0.27%, Nasdaq up 0.43%.
Wall st 2

While you were sleeping: US jobs disappoint

Thu, 2nd Apr 2015
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wall street
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economy
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industrial
US equities slid after a private jobs report showed slower-than-expected growth, prompting concern that the economy might not be a strong as previousl.
Xero

MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr

Wed, 1st Apr 2015
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fintech
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financial systems
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xero
Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.
Skynews.img.1200.745

NZ dollar holds steady against greenback amid positive confidence surveys

Wed, 1st Apr 2015
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new zealand dollar
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australian economy
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trading
The New Zealand dollar held steady against the US dollar after both countries saw gains in confidence surveys, signalling a positive outlook for their.
Wall st 2

While you were sleeping: Stocks move lower

Wed, 1st Apr 2015
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wall street
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nasdaq
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industrial
Wall Street moved lower, though it remained on track to post an advance for the first quarter of 2015, bolstered by a US economy that by and large con.
Wall st 2

While you were sleeping: Stocks rally amid deals

Tue, 31st Mar 2015
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wall street
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banking
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industrial
Equities rallied amid a flurry of corporate takeovers as well as comments from China's central bank governor that the government plans to bolster the.
Wall st 2

World Week Ahead: All about the economy

Mon, 30th Mar 2015
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hcm
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wall street
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payroll systems
Investors will scrutinise the latest US jobs data this week, with private payrolls, weekly jobless claims and the government's official report at the.