Editorial Comment

ANZ shares rise 5.6% as airline flags earnings to more than double

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ANZ shares rise 5.6% as airline flags earnings to more than double

Air New Zealand's shares rose 5.6% after the NZ flag carrier stated its annual earnings will more than double. The airline expects normalised annual pre-tax earnings, which strips outs unrealised movements in derivatives used to hedge its exposures, to be between $235 million and $260 million in the...

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