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Midday Report for Wednesday 25 February 2015
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Midday News for 25 February 2015
12:00 PM.PM downplaying chances of success in Iraq and Aid agencies hope Iraq deployment will mean more aid donations. Audio
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Air NZ reports lower profit, but higher revenue
12:17 PM.Air New Zealand has reported a fall in profit, due to paying more tax and changes in the value of its contracts to protect itself from currency and fuel price movements. Audio
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Xero raises $147.2m of fresh capital from Silicon Valley
12:18 PM.Xero has raised nearly 150 million dollars ($147.2m) of fresh capital from a Silicon Valley-based venture capital firm. Audio
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Ebos lifts first-half net profit 9.2% to $53.9 million
12:20 PM.Ebos has lifted its first-half net profit more than 9 percent, fuelled by both organic growth and acquisitions. Audio
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Precinct Properties seeks $174.1m to fund development plans
12:21 PM.Precinct Properties is seeking to raise 174.1 million dollars from shareholders to fund future developments. Audio
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Metlifecare lifts first-half net profit 48% to $40 million
12:22 PM.Metlifecare has lifted its first-half net profit by 48 percent on strong sales, continued development and rising property values. Audio
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Tourism Holdings more than doubles first-half net profit
12:24 PM.Tourism Holdings has more than doubled its half year net profit, and says it's on track to meet its guidance for the full year. Audio
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A2 Milk's first-half net profit plummets 81 percent
12:26 PM.A2 Milk's first-half net profit has plummeted nearly 81 percent to just $125,000 which the company attributes to its investment growth in Britain and China. Audio
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Midday Markets for 25 February 2015
12:27 PM.For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners. Audio
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Midday Sports News for 25 February 2015
12:29 PM.The Australian opening batsman David Warner can't wait for some verbal abuse from the New Zealand fans when they take on the Black Caps in their World Cup clash at Eden Park on Saturday. Audio
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Midday Rural News for 25 February 2015
12:37 PM.News from the rural and farming sectors. Audio