Loop through array

Hi guys,

I have the following code which returns the followig array:

5 =>
    object(stdClass)[14]
      public 'term_id' => string '62' (length=2)
      public 'name' => string 'IT & Telecommunications' (length=27)
      public 'slug' => string 'it-and-telecommunications' (length=25)
      public 'term_group' => string '0' (length=1)
      public 'term_taxonomy_id' => string '151' (length=3)
      public 'taxonomy' => string 'services' (length=8)
      public 'description' => string '' (length=0)
      public 'parent' => string '0' (length=1)
      public 'count' => string '0' (length=1)

However whenever I loop through the returned array list using the following code:

$mycateg = get_terms( 'services', array(
							'parent' => 0,
							'oderby' => 'name',
							'hide_empty' => 0
							)
						);
					echo "test";

					foreach ($mycateg as $categ) {
						echo $mycateg->name;
					}

I get no output at all – only a null. what is the correct way to create output?