Forum Archive Index - May 2001

["Ben Dutton" <bendutton@sharechat.co.nz>]

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:


Richmond unimpressed by PPCS notice

Meat company Richmond is on the defensive after Dunedin-based farmer
cooperative PPCS indicated it may seek a majority holding.

http://www.sharechat.co.nz/articles/20010523-RHDunimpressed.shtml

**

Tower nudges profit higher

Financial services and insurance company Tower has reported a small interim
profit increase despite a considerable drop in sales and pre-tax operating
surplus.

http://www.sharechat.co.nz/articles/20010523-TWRhy2001.shtml

**

DB challenged by rising costs, low dollar

A leaner DB Breweries has managed a slight improvement in its share of the
beer market although it says increased costs and the low dollar have hit
margins.

http://www.sharechat.co.nz/articles/20010523-DBGhy2001.shtml

**

PPCS wants Richmond majority

Dunedin-based cooperative PPCS is eyeing a majority stake in meat company
Richmond.

http://www.sharechat.co.nz/articles/20010523-RHDppcs60percent.shtml

**

Telecom raises $500M

Telecom is raising $500 million through a placement of new shares with
institutional investors.

http://www.sharechat.co.nz/articles/20010523-TELcapraising.shtml

**

Best Regards

Ben Dutton



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