Forum Archive Index - May 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
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:
Duxford eyes majority of Broadway
Duxford Investments is looking to take a majority stake in Broadway
Industries.
http://www.sharechat.co.nz/articles/20010516-BWYduxfordmajority.shtml
**
Second delay on forestry acquisition
The Commerce Commission has extended for a second time its ruling on whether
Carter Holt can acquire the Central North Island Forestry Partnership.
http://www.sharechat.co.nz/articles/20010516-CAHcnifpdecision.shtml
**
Ansett caught out on air points
Beleaguered Air New Zealand subsidiary Ansett Australia has been found to
have short-changed a number of its frequent flyers by not crediting them
with the right number of points.
http://www.sharechat.co.nz/articles/20010516-AIRVA-ansettairpoint.shtml
**
Doubts over Contact offer
An appraisal report has raised doubts about the price being offered by EME
Pacific to increase its holding in Contact Energy.
http://www.sharechat.co.nz/articles/20010516-CENemeappraisal.shtml
**
DB retains most Monteith's jobs
DB Breweries says a new structure for producing Monteith's beer will see ten
of the original 15 full-time positions on the West Coast retained.
http://www.sharechat.co.nz/articles/20010516-DBGmonteithsjobs.shtml
**
Richmond targets efficiency
Meat company Richmond is spending $6.5 million to improve efficiency at one
of its major beef processing plants.
http://www.sharechat.co.nz/articles/20010516-RHDbeefspend.shtml
**
Equities expert leaves top fund
AMP Henderson Global Investors has confirmed that its head of New Zealand
equities, Stephen Walker, is leaving the organisation.
http://www.sharechat.co.nz/articles/20010516-NZBIZampfund.shtml
**
GPG supports Time Products sale
Guinness Peat Group should realise at least $66.5 million if an offer to buy
all of British luxury goods company Time Products goes ahead.
http://www.sharechat.co.nz/articles/20010516-GPGtimesale.shtml
**
Email boss to head Fletcher Building
Fletcher Building has appointed the former managing director of Australian
company Email as its new chief executive.
http://www.sharechat.co.nz/articles/20010516-FBUnewceo.shtml
**
Interest rate falls again
The Reserve Bank has dropped the official cash rate by another 25 basis
points to 5.75%.
http://www.sharechat.co.nz/articles/20010516-NZECOocr0501.shtml
**
Best Regards
The ShareChat Team
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