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Midday Report for Friday 26 August 2016
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Midday Sports News for 26 August 2016
12:26 PM.Cycling NZ's chief executive Andrew Matheson admits his team's Olympic campaign was a failure but believes they're heading in the right direction for the Tokyo 2020 games, and All Blacks coach Steve… Read more Audio
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Midday Markets for 26 August 2016
12:25 PM.For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners. Audio
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Delegat Group makes record FY profit, up 66%
12:24 PM.Wine company Delegat's full year profit is up two thirds on last year, driven by a bumper harvest and record sales. Audio
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Kiwibank reports lower profit
12:23 PM.The state-owned Kiwibank has reported a lower profit. CEO Paul Brock says the second half took a hit due to an uncertain global environment pushing up funding costs. Audio
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NZME delivers stable 1st half result despite falling revenue
12:21 PM.NZME says it's first half profit has been stable as it contends with falling advertising revenue and a restructuring of ist business. CEO, Michael Boggs, says NZME has invested in new policies to grow… Read more Audio
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Sky TV's FY profit falls - flat revenue, subscriber numbers
12:19 PM.Sky Network Television's profit has fallen because of higher costs of programming and preparatory work on its planned merger with Vodafone. The chief financial officer, Jason Hollingworth, says it's… Read more Audio
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Air NZ profit flies to a record
12:17 PM.Booming passenger numbers and cheaper fuel have powered Air New Zealand to a record annual profit. CEO Christopher Luxon says a 40 percent fall in fuel costs certainly helped but did the attraction of… Read more Audio
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Midday News for 26 August 2016
12:00 PM.Police recover the body of a Czech tramper who died on the Routeburn track, and the hunt goes on in Northland for an armed fugitive. Audio