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Forum Archive Index - October 2000

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Sat, 14 Oct 2000 16:00:11 +1300


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:

CommSoft and WDT Help Strathmore into Profit

Internet and technology investment company, Strathmore has reported a $2.7
million tax-paid profit for the year to the end of July compared with a $2
million loss last year.

http://www.sharechat.co.nz/articles/20001013-SMRfyr2000.shtml

**

Profit Lift for Arthur Barnett

Dunedin-based retailer Arthur Barnett has reported an improved result
despite a slight drop in sales.

http://www.sharechat.co.nz/articles/20001013-ARBfyr2000.shtml

**

Telstra $1 Billion Better Off in New PCCW Deal

Telstra says the revised terms of its deal with Pacific Century Cyberworks
have a positive financial spin-off for the company.

http://www.sharechat.co.nz/articles/20001013-TLSnewpccwdeal.shtml

**

The Investor Column: It's Best to be Wary of Stagflation

Reserve Bank Governor Don Brash made few friends when the warned that
stagflation - that wealth destroying combination of low economic growth and
high inflation - could hit New Zealand again if we don't watch out

http://www.sharechat.co.nz/articles/20001013-investorcolumn.shtml

**

Weekly Diary: Friday 13th October

A summary of dividend dates, company meetings, and other important
information on NZSE listed companies.

http://www.sharechat.co.nz/articles/20001013-weeklydiary.shtml

**

Southern Cross Purchase of Aetna Approved

Southern Cross Insurance has been granted Commerce Commission approval to
acquire its competitor, Aetna Health, as long as it divests all of the
medical insurance policies of Aetna members.

http://www.sharechat.co.nz/articles/20001013-SXHaetnasale.shtml

**

AMV Plans New Diamond Drilling Program

Secondary market stock Asian Mineral Resources has been granted approval to
begin a diamond drilling program in the Ta Khoa concession in Vietnam.

http://www.sharechat.co.nz/articles/20001013-AMV-diamonddrilling.shtml

**

Fletcher Hopeful FEG Sale Still On

Fletcher Challenge has defended the timing of its restructuring announcement
earlier this week and has reaffirmed its commitment to the company's
separation process.

http://www.sharechat.co.nz/articles/20001013-FEGsalehope.shtml

**

Also, all the latest NBR articles are online now.  Have a read at:

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

**

Best Regards

The ShareChat Team


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