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Midday Report for Wednesday 28 February 2018
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Midday News for 28 February 2018
12:00 PM.People in the quake-affected areas of PNG fear more landslips after heavy rain this morning. Shane Jones asks his officials to "please explain" their West Coast energy project decision. Audio
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Sky TV H1 profit rises on lower costs
12:17 PM.Sky Television is giving its programming and prices a complete shakeup as it tries to stop a continuing slide in the number of subscribers. Audio
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Trade Me makes flat first half profit despite revenue growth
12:18 PM.The online advertising portal, Trade Me, has reported a flat profit, despite a strong increase in classified ads. Audio
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NZ Refining full year profit rises on margins
12:20 PM.New Zealand Refining's full year profit has absorbed the disruption and cost of its ruptured fuel pipeline, and posted a stronger profit on higher margins. Audio
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Vector HY profit falls by a quarter
12:21 PM.The country's biggest electricity lines company, Vector, has seen its profit fall by a quarter after one-off gains in the previous year and higher depreciation. Audio
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Other earnings news
12:22 PM.Apple grower and exporter Scales Corporation has reported a lower full year profit as bad weather hurt its margins and raised its costs. Audio
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Midday Markets for 28 February 2018
12:23 PM.For the latest from the markets we're joined by Rupert Lister at Hobson Wealth Partners. Audio
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Business briefs
12:26 PM.The largest listed property company, Kiwi Property, has been given the necessary approvals to begin the 223-million dollar expansion of Auckland's Sylvia Park retail mall. Audio
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Midday Sports News for 28 February 2018
12:26 PM.The All Black flanker Jerome Kaino will head to France after the Super Rugby season. Audio
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Midday Rural News for 28 February 2018
12:34 PM.News from the rural and farming sectors. Audio