he is shocked someone would steal from needy kids
NZX rose 1.4 per cent to $1.49 after the securities market operator said its NZX Dairy Futures had gained enough support from traders to add skim milk powder and anhydrous milk fat futures to the whole Men Shoes powder contract in February.
SmartPay, the EFTPOS services company that bought distressed Provenco-Cadmus assets, rose 3.9 per cent to 2.7 cents after it raised $2.3 million through a series of discounted private placements, and has secured a $2 million funding line.
Air New Zealand, the national carrier, was unchanged at $1.49 after Transport Minister Steven Joyce approved its trans-Tasman alliance with Virgin Blue.
The decision follows approval being granted by Australia’s antitrust regulator this month, reversing its preliminary view, after the two airlines gave guarantees on growth in capacity.
Joyce was also swayed by their commitment to maintain passenger numbers on the Tasman, according to his statement.
“Most people expected the Air New Zealand announcement to come out after the ACCC amended their previous decision, and I think that’s already been priced in,” Ward said.
NZ Refining, the operator of New Zealand’s only oil refinery, fell 4.5 per cent to $4.25, pacing decliners on the exchange. Rakon, the manufacturer of crystal oscillators used in cellphones and GPS units, fell 2.5 per cent to $1.17, and Steel & Tube Holdings, the manufacturer of steel products used in the construction industry, fell 1.9 per cent to $2.11.
Abano Healthcare Group fell 0.4 per cent to $4.85 after the specialist health clinic investor reported a drop in first-half profit, reflecting the absence of revenue from the Bay Audiology business sold last year.The Veterans & Community Outreach Foundation is still reeling after an intruder stole the Christmas gifts the organization collected for 30 needy children.
On Dec. 15, someone broke into the C.C. Cloud Youth Center, lifted the donated gifts and vandalized the facility.
The organization reported that doors, computer monitors and printers were ruined as a result.
The Rev. Victor Johnson, the organization’s executive director, said he is shocked someone would steal from needy kids.
http://www.articlefield.com/120600/the-market-is-showing-its-festive-side/
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