ASX stories - Page 5

Xero seeks short-term cash cover
Tue, 9th Oct 2012
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fintech
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financial systems
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xero
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.

Telecom to de-list from NYSE
Fri, 8th Jun 2012
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uc
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telstraclear
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telco
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.

Researchers endorse Trade Me IPO
Tue, 22nd Nov 2011
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trade me
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nzx
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asx
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.