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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Wed, 15 Nov 2000 06:08:34 +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:

US Forestry Fund takes up FFS Rights

Fletcher Forests' largest shareholder, US-based Xylem Investments, has
announced it will be taking up its full entitlement in the company's rights
issue.

http://www.sharechat.co.nz/articles/20001114-FFSusfundrights.shtml

**

Air NZ Reschedules for Efficiency

Air New Zealand is looking to improve its operating efficiency by making
more use of its Star Alliance network.

http://www.sharechat.co.nz/articles/20001114-AIRstarefficiency.shtml


**

Limit on Montana Capital Notes
Montana has put a limit on applications from the public pool for its capital
notes issue.

http://www.sharechat.co.nz/articles/20001114-MONcapnotelimit.shtml

**

Telecom Q1 Profit Falls 23%

Increased mobile marketing costs and the funding of its AAPT acquisition
have eaten in Telecom's first quarter profit, which has dropped 23% to $161
million from $209 million last year.

http://www.sharechat.co.nz/articles/20001114-TELq12001.shtml

**

Best Regards

The ShareChat Team



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