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[sharechat] Daily ShareChat News Summary


From: "Phil Boeyen" <pboeyen@sharechat.co.nz>
Date: Sat, 25 Aug 2001 06:55:33 +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.

**
Lion Nathan sells to Allied

Brewer Lion Nathan has announced it will sell its 43% stake in Montana to
rival bidder Allied Domecq

http://www.sharechat.co.nz/articles/20010824-MONlnnsells43percent.shtml

**
Warehouse confirms interest in K-Mart sites

The Warehouse has confirmed it's been looking at leasing the K-Mart sites in
New Zealand but says it will not be leasing them all

http://www.sharechat.co.nz/articles/20010824-WHSkmartsites.shtml

**
Michael Hill improves - just

Jeweller Michael Hill has managed to eke out a slightly higher full-year
profit

http://www.sharechat.co.nz/articles/20010824-MHIfy2001.shtml

**
Kiwis borrowing more

Increased borrowing has caused a drop in the net worth of New Zealand
households, but people are putting more money into the sharemarket

http://www.sharechat.co.nz/articles/20010824-NZECOnetworthQ201.shtml

**
Ebos eyes expansion

Healthcare distributor Ebos has lifted profit by 22% and says it's
evaluating a number of growth prospects in both New Zealand and Australia

http://www.sharechat.co.nz/articles/20010824-EBOfy2001.shtml

**
Nuplex profit down at 'cyclical lowpoint'

High costs and a tough housing market have taken their toll on resin company
Nuplex's full year profit

http://www.sharechat.co.nz/articles/20010824-NPXfy2001.shtml

**
IT Capital tightens belt

Tech investor IT Capital says it has halved operating expenses as it begins
to look more actively for a partnership or merger with other venture capital
companies

http://www.sharechat.co.nz/articles/20010824-ITCtightensbelt.shtml

**
Analysts independence in the spotlight

The New Zealand Society of Investment Professionals is backing calls for
increased disclosure by investment analysts

http://www.sharechat.co.nz/articles/20010824-MZMKTanalystwatch.shtml

**
Sky looks for $100M minimum

Pay-TV company Sky says it will release further details on a $100 million
capital raising next month

http://www.sharechat.co.nz/articles/20010824-SKYcapnotes.shtml

Best Regards

The ShareChat Team














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