Posts Tagged ‘Telecom’
Up and Down Like a Yo-Yo »
The New Zealand dollar retreated overnight after hitting a new six-month high against the greenback around US61.25c during the evening. However the share markets benchmark index climbed to a 6-1/2-month high during morning trading before going into a rapid decline after the opening of the Australian market. My "favorite" share (it's a long [...]
Crazy »
Telecom shares were down 7c in early trading to 275 after the company reported its third quarter results. A 14 percent rise in third quarter profit had been published, boosted by an increased dividend from its Southern Cross cable business and lower cost of sales in its mobile phone business. This is an indication of just how hard it is to try [...]
We live in interesting times. »
The New Zealand share market rose yesterday as Telecom resumed its rally however The New Zealand dollar failed to push higher against a broadly weaker greenback overnight, as stocks rallied strongly in the United States amid hopes the worst of the global economic crisis could be over and Oil fell below US$53 a barrel, paring some of the 4 percent [...]
