Forum Archive Index - June 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
from the ShareChat editorial team as soon as they're available, please
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http://www.sharechat.co.nz/newsalert.shtml.


Yesterday's ShareChat News:

AMP sells general insurance arm

AMP is selling its general insurance businesses in Australia and the UK for
A$1.6 billion and has also put the New Zealand operation up for sale

http://www.sharechat.co.nz/articles/20010615-AMPgeninsurance.shtml

**

Montana drama brings new twists and turns

The fate of Lion Nathan's disputed Montana shareholding is to be decided by
the Montana standing committee

http://www.sharechat.co.nz/articles/20010615-MONlionpenalty.shtml

**

NGC hikes electricity price

Attempts by Natural Gas subsidiary On Energy to win back lost market share
will be made more difficult following a pressured price rise

http://www.sharechat.co.nz/articles/20010615-NCHpricerise.shtml

**

TrustPower zapped by higher costs

The jump in wholesale electricity prices is forcing TrustPower to
substantially lower its first half earnings forecast

http://www.sharechat.co.nz/articles/20010615-TPWprofitwarn.shtml

**

Weekly Diary: Friday 15th June 2001

A summary of dividend dates, company meetings, and other important
information on NZSE listed companies

http://www.sharechat.co.nz/articles/20010615-weeklydiary.shtml

**

Escrow and efficiency keywords for RMG

Credit and receivables group RMG says plans are afoot to extend the escrow
period on the majority of shares issued to vendor companies

http://www.sharechat.co.nz/articles/20010615-RMGagm2001.shtml

**

Terabyte writedown knocks ITC result

Tech investor IT Capital has written down its investment in Terabyte by $4.7
million due to a slowdown in the New Zealand multi-media market.

http://www.sharechat.co.nz/articles/20010615-ITCfy2001.shtml

**

Best Regards

The ShareChat Team



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