ASX stories
Telecom to de-list ADRs from NYSE on 9th July, aiming to cut administration costs. Shares remain on NZX, ASX. Second-half EBITDA forecast at USD $560M.
APN News & Media will take a $54 million impairment on its New Zealand newspaper mastheads in its 2014 results and forecast a 5.
The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.
Woodward Research endorses Trade Me IPO, citing strong cash flows and profitability. The company to raise NZD $363.5 million from a 34% stake sale.
