Midday Report for Wednesday 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

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

12:18 PM.Xero has raised nearly 150 million dollars ($147.2m) of fresh capital from a Silicon Valley-based venture capital firm. Audio

12:20 PM.Ebos has lifted its first-half net profit more than 9 percent, fuelled by both organic growth and acquisitions. Audio

12:21 PM.Precinct Properties is seeking to raise 174.1 million dollars from shareholders to fund future developments. Audio

12:22 PM.Metlifecare has lifted its first-half net profit by 48 percent on strong sales, continued development and rising property values. Audio

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

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

12:27 PM.For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners. Audio

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

12:37 PM.News from the rural and farming sectors. Audio