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Forum Archive Index - January 2001

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Thu, 25 Jan 2001 06:37:51 +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:

Hazelton says Aviation Partner Essential

Air New Zealand-owned Ansett is getting full support from NSW regional
airline Hazelton as it continues its takeover bid for the airline despite
regulatory rejection.

http://www.sharechat.co.nz/articles/20010124-AIRVAhazsupport.shtml

**

Fletcher Building Loses CEO-Designate

Fletcher Challenge's restructuring efforts have suffered a minor setback
with the company announcing that former Paper division boss Alexander Toldte
will not be taking up his role at the helm of Fletcher Building.

http://www.sharechat.co.nz/articles/20010124-FLBnoceo.shtml

**

Reserve Bank Leaves Cash Rate Alone

The Reserve Bank has behaved in line with finance markets predictions today
in leaving the country's official cash rate unchanged at 6.5%.

http://www.sharechat.co.nz/articles/20010124-reservebankjanOCR.shtml

**

CAH December Result Disappoints

Carter Holt Harvey has delivered a less than stunning third-quarter result
with net earnings dropping to $42 million for the three months to the end of
December 2000 compared with $89 million the previous year.

http://www.sharechat.co.nz/articles/20010124-CAHQ32001.shtml

**

Carter Holt puts up $1.5M for Cyberlynx

Forest products company Carter Holt Harvey is investing some of its venture
capital fund in a procurement business.

http://www.sharechat.co.nz/articles/20010123-CAHprocurementbiz.shtml

**

Rocom Boost from New Telecom Network

New Capital Market listing Rocom Wireless is eagerly eyeing the rollout of
Telecom's CDMA network this year as a springboard for further growth.

http://www.sharechat.co.nz/articles/20010123-ROCeyesCDMA.shtml

**

Coup for Aussie Medical Tech Company

Australian medical tech company MicroMedical Industries has been granted a
new European patent for the development of wireless medical monitoring
technology.

http://www.sharechat.co.nz/articles/20010123-MMDeuropeanpatent.shtml

**

Baycorp Pushes Mergers & Acquisitions Strategy

Baycorp is hinting that mergers, acquisitions and joint ventures will
continue to play a large part in the company's future growth prospects with
the establishment of a new senior executive role.

http://www.sharechat.co.nz/articles/20010123-BCHfinancedirector.shtml

**

Best Regards

The ShareChat Team



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