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Midday Report for Wednesday 24 February 2016
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Midday Sports News for 24 February 2016
12:27 PM.The Australian cricketers are edging towards victory on the last day of the second Test against New Zealand in Christchurch, and Lionel Messi proved a thorn in Arsenal's side yet again as his… Read more Audio
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Midday Markets for 24 February 2016
12:26 PM.For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital. Audio
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NZX drives revenue up 82%, revenue rises 12%
12:25 PM.The sharemarket operator NZX has seen an 82% increase in its full-year net profit, reflecting its investment in a funds management business and a broader range of products. Audio
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PGG Wrightson H1 profit falls 18%
12:24 PM.Rural services company PGG Wrightson has seen its half-year profit fall 18%, because of tougher trading conditions in the farming sector. Audio
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NZ Refining makes bumper full-year profit
12:23 PM.A slump in world oil prices and a low New Zealand dollar have boosted the profits of Refining New Zealand, the operator of the Marsden Point refinery. Audio
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Ebos posts sharp rise in profit
12:21 PM.Listed healthcare and animal products company Ebos has posted a sharp lift in its first-half profit on the back of increased sales. Audio
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Retirement village operators report profit growth
12:20 PM.Summerset's full-year profit to the end of December rose 56% to $84.2 million, compared with the year before, driven by property revaluations. Audio
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Meridian also feeling competition pressures
12:19 PM.Meridian Energy has also felt the pressure of the competitive sector. It's net profit has fallen to $104 million, for the first half, from $117million a year earlier. Audio
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Genesis sees first-half profit fall
12:17 PM.Genesis Energy's first half net profit fell 47% to $35.9 million in the six months ended December, mainly because of falls in the values of financial deals, such as energy swaps and hedge contracts. Audio
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Midday News for 24 February 2016
12:00 PM.A crowdfunding bid secures public ownership of Awaroa beach - but it was close, and the Ashburton WINZ shooting trial begins, but without the accused. Audio