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Forum Archive Index - December 2000

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Tue, 12 Dec 2000 06:06:32 +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:

Eforce Pulls the Plug on Portal

The Internet site that gave away 70 iMacs and a Volkswagon Beetle in a quest
to grab a share of the New Zealand consumer portal market has been closed
down.

http://www.sharechat.co.nz/articles/20001211-EFCportalclose.shtml

**

National Mail Quits Distribution

Listed postal company National Mail is closing down its mail distribution
operations from the end of next week due to unacceptable trading losses.

http://www.sharechat.co.nz/articles/20001211-NMLceasedistn.shtml

**

Forests' Rights have 61% Uptake

Fletcher Challenge says a $67 million underwriting bill for Fletcher Forest
shares will be well within the financial capacity of its new company,
Rubicon.

http://www.sharechat.co.nz/articles/20001211-FFSrightsuptake.shtml

**

Thomas Cook Sells Retail Travel Biz

Aussie-listed travel franchise Harvey World Travel has scooped up the Thomas
Cook retail travel business in Australia and New Zealand.

http://www.sharechat.co.nz/articles/20001211-tcbizsold.shtml

**

Retail Market Rewards AMP

Insurer AMP has released details of its third-quarter cashflows which it
says demonstrate continued growth and momentum in the company's core
businesses and markets worldwide.

http://www.sharechat.co.nz/articles/20001211-AMPq3cashflows.shtml

**

Vodaphone Cleared for Spectrum Purchase

Mobile phone company Vodafone has been cleared to acquire radio frequency
spectrum rights should it be successful at auction.

http://www.sharechat.co.nz/articles/20001211-vodaokspectrum.shtml

**

The Investor Column: Adjust Your Investments for Rising Interest Rates

Reserve Bank Governor Don Brash has warned us this week that interest rates
may go up over the next two years to counteract inflation.

http://www.sharechat.co.nz/articles/20001211-investorcolumn.shtml

**

Best Regards

The ShareChat Team



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