Broadband plan to cost Telecom millions
Telecom says its earnings guidance will be impacted by up to $56 million annually in the 2011, 2012 and 2013 financial years due to the Government's rural broadband plans.
| NZX 50 Index |
|
||
3220.350 |
-10.80
|
-0.34%
|
|
| NZX 15 Index |
|
||
5741.873 |
-18.92
|
-0.33%
|
|
| NZX 50 Portfolio Index |
|
||
1963.471 |
-6.09
|
-0.31%
|
|
| NZX SciTech Index |
|
||
726.079 |
-0.31
|
-0.04%
|
|
As at 12:07 pm, 16 Mar (20 min delay)
Financial crisis hits Southern Travel results
Travel and tourism services company Southern Travel Holdings reported a $538,000 half year loss as it confronted the global financial crisis, impacts of swine flu, and foreign exchange movements.
Share market shrugs off flat Wall St lead
The New Zealand share market edged up in early trading, following a flat lead from Wall St.
Marsden Pt margins up 'significantly'
Refinery margins at Marsden Pt showed "significant" improvement in the first two months of 2010, after starting to show some recovery in December, the New Zealand Refining Company says.
Australian dollar dips on ratings fears
The Australian dollar opened a touch lower as risk averse investors sold off the local currency over credit ratings fears for the UK and the US.
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- Jobs go as dairy co-op goes bust
- Strategic sale an option says receiver
- British pound tumbles on economic concerns
- Broadband plan to cost Telecom millions
- OECD bullish about 2010 recovery
- Gold prices tipped to stay strong
- Australian dollar dips on ratings fears
- NZ dollar posts modest gains
- Marsden Pt margins up 'significantly'
- Financial crisis hits Southern Travel results
