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HP NZ reports $27m loss

Hewlett-Packard NZ's 2011 annual loss continues to follow its downward trend.

Xero raises $35.6m

$15.6 million SPP takes recent capital raising to $35.6 million.

Auckland Airport profit lifts 5.5%

Auckland Airport reports a profit after tax of $69.1 million half-year earnings.

TV advertising revenue up almost 2% in 2011 – ThinkTV

The revenue figures, sourced from returns prepared by TVNZ, MediaWorks TV and SKY Network Television including Prime, showed TV advertising revenue rose $11.4 million to $618.1 million.

Microsoft earnings flat

Microsoft posted a quarterly revenue of $20.89 billion for the three months to December 31, up 5% from the same period in 2010.

Deficit shrinks a bit but net debt still 13% of GDP

The government’s tax take is up $243 million on forecasts, according to the Crown accounts to May released today.

Overall, the operating balance before gains and losses for the year to the end of May was a deficit of $4.7 billion – $1.1 billion smaller than expected with tax
revenue slightly ahead of forecast and expenditure slightly below.

Net government debt is $25.4 billion, or 13.6% of GDP.

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