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Forum Archive Index - August 2000

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Wed, 16 Aug 2000 20:34:51 +1200


Hi everyone, here's the summary of the ShareChat News for today.

If you'd like to receive notification of breaking news stories and features
from the ShareChat editorial team as soon as they're available, please
subscribe to the ShareChat News Alert Service, using the form at
http://www.sharechat.co.nz/newsalert.shtml.

Today's ShareChat News:


Lucent Wants In On Spectrum Investment

US software giant Lucent Technologies is planning to buy a stake in Spectrum
Resources investment, WEL Technology.

http://www.sharechat.co.nz/articles/20000816-spelucent.shtml

**

Telstra Saturn Merger Costs Hit Aussie Comms Company

The cost of merging the Telstra and Saturn businesses in New Zealand has had
a major impact on the half-year result of Australian communications company,
Austar United.

http://www.sharechat.co.nz/articles/20000816-auntlssaturn.shtml

**

Improved Credit Rating for Carter Holt

Standard and Poor's has upgraded Carter Holt Harvey's long-term and
short-term credit ratings.

http://www.sharechat.co.nz/articles/20000816-cahupgrade.shtml

**

Restructuring Bites into Mainfreight Quarterly Profit
Restructuring costs associated with an Australian transport acquisition are
mainly to blame for a big drop in Mainfreight's quarterly profit figure.

http://www.sharechat.co.nz/articles/20000816-mftjuneqtr2000.shtml

**

Rocom IPO Oversubscribed

The public offering in cellular and satellite communications company, Rocom
Wireless, has closed oversubscribed.

http://www.sharechat.co.nz/articles/20000816-rocomipo.shtml

**

Market Likes Sky City Result

Investors have responded positively to a 32% profit lift from listed casino
and hotel operator Sky City.

http://www.sharechat.co.nz/articles/20000816-skcfyr2000.shtml


Best Regards,

The ShareChat Team


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