Forum Archive Index - February 2001
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[sharechat] Daily ShareChat News Summary
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
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Yesterday's ShareChat News:
THL Downgrades Profit Again
The country's biggest tourism company, Tourism Holdings, has further
downgraded its forecast full year profit from $21 million to between $14 and
$16 million.
http://www.sharechat.co.nz/articles/20010212-THL2ndprofitdowngrade.shtml
**
NZSE Regrets Lion Waiver Situation
The NZSE's Market Surveillance Panel is defending its decision to allow
brewer Lion Nathan to make a stand in the market for Montana shares at an
increased price without waiting the usual 48 hours.
http://www.sharechat.co.nz/articles/20010212-LNNMONnzsewaiverregret.shtml
**
Foster's Drinks to Half-Year Profit
Australia's biggest brewing company, Foster's, has reported a 9.8% increase
in half-year net profit to A$267 million with strong growth coming from its
wine operations.
http://www.sharechat.co.nz/articles/20010212-FBGhy2001.shtml
**
Sales and Capacity Jump for Telecom Cable
Telecom's Southern Cross Cable has announced another US$443 million in sales
and says it plans to upgrade the cable's carrying capacity.
http://www.sharechat.co.nz/articles/20010212-TELsxcablesales.shtml
**
Richmond sets Capital Note Rate
Hawkes Bay-based meat company Richmond has set a rate of 10.75% for it
capital note issue.
http://www.sharechat.co.nz/articles/20010212-RHDcapnoterate.shtml
**
Record Interim Profit for Baycorp
Credit and financial services company Baycorp says it will announce a record
profit when it releases its interim report next week.
http://www.sharechat.co.nz/articles/20010212-BCHinterimprofit.shtml
**
The Investor Column: Save Money Before You Hope to Make It
In the novel "Bonfire of the Vanities" the main character Sherman McCoy
illustrates a key investment principle. It doesn't matter how much you earn
if you don't save.
http://www.sharechat.co.nz/articles/20010212-investorcolumn.shtml
**
Best Regards
The ShareChat Team
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