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Forum Archive Index - May 2001

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Thu, 17 May 2001 06:04:38 +1200


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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