Rakon back to profit after restructure
Rakon is back in profit, while doubling its debt and turning to a negative cash outflow.
Rakon is back in profit, while doubling its debt and turning to a negative cash outflow.
Kiwi-developed technology will assist a historic hook-up when a spacecraft makes its long-awaited date with a comet next week.
A comment to a reporter that he was selling all his companies and giving the money to charity was a polite way of telling him to 'f-off', says Navman founder Peter Maire.
Rakon has been censured and fined for breaching NZX disclosure rules after news broke in China about a new purchase in July last year.
The Shareholders Association will next month vote against the reappointment of Rakon chairman Bryan Mogridge and director Darren Robinson...
A weaker New Zealand dollar and signs of life in the US housing market have combined to drive the share price of timber products group Tenon higher.
One of Rakon's largest institutional shareholders has almost halved its investment in the high-tech electronic components maker.
Rakon's share price dropped by nearly 24pc to an all-time low today after the high-tech components maker cut its earnings guidance for the second time since December.
Rakon will today sign a letter of intent with Huawei Technologies, quadrupling its sales to the company to US$56 million over the next five years.
What are our top CEO's getting paid? Last year pay for NZ's bosses fell for the first time in eight years. See the full list here.