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Forum Archive Index - August 2001

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[sharechat] Daily ShareChat News Summary


From: "Phil Boeyen" <pboeyen@sharechat.co.nz>
Date: Fri, 31 Aug 2001 06:21:18 +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.

**
TrustPower in for 'significant loss'

Energy company TrustPower has further downgraded its interim result and is
now picking a significant after-tax loss for the first-half

http://www.sharechat.co.nz/articles/20010830-TPWagmlosswarn.shtml

**
NZ dairy giant in Nestle tie-up

Newly formed local dairy giant Fonterra is partnering with the world's
biggest food company, Nestle, in North, Central and South America.

http://www.sharechat.co.nz/articles/20010830-NZBIZfonterranestle.shtml

**
Airport result reflects tourism strength

Increasing passenger levels and higher retail revenues have boosted Auckland
International Airport's profit by nearly 16%

http://www.sharechat.co.nz/articles/20010830-AIAfy2001.shtml

**
Allied gets Montana green light

Montana's directors have recommended shareholders accept Allied Domecq's
offer of $4.80 per share for the company

http://www.sharechat.co.nz/articles/20010830-MONalliedadvice.shtml

**
Nuplex eyes Auckland waste expansion

Nuplex waste subsidiary United Environmental has applied for Commerce
Commission approval to acquire Auckland-based company Solvent Services

http://www.sharechat.co.nz/articles/20010830-NPXaklacq.shtml

**
Higher producer prices matched by costs

Prices being paid to New Zealand producers have increased, but so has the
cost of inputs

http://www.sharechat.co.nz/articles/20010830-NZECO-PPI0601.shtml

**
Taylors posts record earnings

Listed laundry company Taylors has had record earnings for the year ended
June, rising 14% to $44.7 million compared with the previous year

http://www.sharechat.co.nz/articles/20010830-TAYfy2001.shtml

**
Moody's rating on Lion Nathan unchanged

Ratings agency Moody's has affirmed Lion Nathan's credit ratings following
the company's decision to sell its Montana shareholding

http://www.sharechat.co.nz/articles/20010830-LNNmoodys0801.shtml

**
Rocom sees cost benefits from new business

Rocom Wireless believes it has realised cost benefits of up to $3 million in
the acquisition of a packet billing system from Newcall

http://www.sharechat.co.nz/articles/20010830-ROCpktbilling.shtml

Best Regards

The ShareChat Team














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