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Midday Report for Tuesday 27 February 2018
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Business briefs
12:26 PM.Chip maker, Rakon, says it's in talks to buy out the Indian company, Centum Rakon India. Audio
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Midday Sports News for 27 February 2018
12:26 PM.16-year-old freestyle skiier Nico Porteous says it feels like 'being in a dream' after arriving back in New Zealand to a heroes welcome. Audio
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Midday Markets for 27 February 2018
12:23 PM.For the latest from the markets we're joined by Brad Gordon of Hobson Wealth Partners. Audio
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Synlait plans to spend $260m on new facility
12:22 PM.Specialty dairy company Synlait Milk is planning to spend 260-million dollars on a major expansion of production facilities in the North Island. Audio
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Other earnings reports
12:21 PM.Medical property investor Vital Healthcare has reported a first half net profit of just under 23-million dollars, down marginally on a year ago. Audio
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PGG Wrightson posts flat half-year profit
12:18 PM.Rural services company PGG Wrightson has posted a flat profit as it increased earnings in the face of changing weather conditions. Audio
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Wet weather helps drive Mercury's first half profit
12:16 PM.Wet weather before Christmas has proved to be a boon for power company Mercury. Audio
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Midday News for 27 February 2018
12:00 PM.National MPs are electing a new leader. Fewer trainee teachers means there won't be enough graduates to take over from those retiring. Audio