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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Sat, 19 Aug 2000 10:51:00 +1200


Hi everyone, here's the summary of the ShareChat News from yesterday.

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.


Yesterday's ShareChat News:

Forestry Dispute Rolls On Amid FFS Sale Rumours

Chinese-owned CITIC New Zealand is calling attention once again to its
dispute with Fletcher Forests amid market speculation that a sale of the
company is imminent.

http://www.sharechat.co.nz/articles/20000818-ffscitic2.shtml

**

Australia Sparkles In Michael Hill Result

Jeweller Michael Hill has announced a strong tax paid profit for the second
year in a row despite a difficult trading year in New Zealand.

http://www.sharechat.co.nz/articles/20000818-mhifyr2000.shtml

**

Advantage Buys Into Australian Web Services Market

Listed New Zealand tech company Advantage is pushing into the Australian web
service business with an agreement to buy Australian web company, Whitewolf
online.

http://www.sharechat.co.nz/articles/20000818-advwhitewolf.shtml

**

Montana Drinks To Future Growth

Wine maker Montana has announced a 97% jump in its full year net after tax
surplus, and further profits are already being talked about for next year.

http://www.sharechat.co.nz/articles/20000818-monfyr2000.shtml

**

$ 5 million South Island Purchase for Renaissance

Tech distributor Renaissance is planning to pay $5.2 million for a
Christchurch company with forecasted sales this year of $40 million.

http://www.sharechat.co.nz/articles/20000818-rnsinsite.shtml

**

More Ads plus Aussie Papers Help INL Profit
Independent Newspapers has made a full year profit of $34.6 million, up
nearly 15% on last year.

http://www.sharechat.co.nz/articles/20000818-inlfyr2000.shtml

**

Also, new NBR stories are online now:

http://www.sharechat.co.nz/articles/nbr/

Best Regards,

The ShareChat Team


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