Forum Archive Index - September 2001

["The ShareChat Team" <info@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 subscribe to the ShareChat News Alert Service, 
using the form at http://www.sharechat.co.nz/services/newsalert.php.

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Designer Textiles bloodied but not out

Restructuring costs have slammed Designer Textiles, forcing it to a loss of 
$11.6 million for the year ended June

http://www.sharechat.co.nz/news/scnews/article.php/1b60297d

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Affco sells marketing subsidiary

Meat company Affco has sold its meat marketing and trading subsidiary, Mathias 
Meats, in a management buyout

http://www.sharechat.co.nz/news/scnews/article.php/d4bae657

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Government provides $550M credit to Air NZ, ups SIA cap

The government is to underwrite Air New Zealand by up to $550 million as part 
of the airline's restructuring and Singapore Airlines and Brierley Investments 
will also put in more money

http://www.sharechat.co.nz/news/scnews/article.php/7a001c6f

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Ansett drags Air NZ to $1.425 billion loss

Air New Zealand's full year loss has been revealed at $1.425 billion, including 
a $1.321 billion writedown of its Ansett subsidiary

http://www.sharechat.co.nz/news/scnews/article.php/4e8ecb23

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F&P unveils separation details

Fisher and Paykel shareholders will get a cash payment of between $447 and $706 
for every thousand shares they own as part of the company's separation plan

http://www.sharechat.co.nz/news/scnews/article.php/9ac59085

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Food price rise hits 11-year high

Food prices for the year ending August have risen by 6.3% - the highest annual 
rise since June 1990

http://www.sharechat.co.nz/news/scnews/article.php/9c516abd

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Insurers calm shareholders

AMP has told the market that there will be no profit or loss impact for 
insurance subsidiary GIO's discontinued reinsurance business following the 
plane attacks in the US

http://www.sharechat.co.nz/news/scnews/article.php/dadd5051

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Submarine company anxious for start date

A commercial start to Submarines Australasia's Milford Sound business is moving 
closer with a US shipping inspector is due to visit the operation this week

http://www.sharechat.co.nz/news/scnews/article.php/410892ff

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eVentures ponders $29M cash pile

One-time tech hope eVentures is focusing on improving shareholder value 
following its recent capital restructuring

http://www.sharechat.co.nz/news/scnews/article.php/193d6be7

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WAM predicts lower profit

Waste Management has lowered its earnings forecast for the current year and is 
now predicting a net profit after tax of around $13 million

http://www.sharechat.co.nz/news/scnews/article.php/582ed574

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NGC reveals value of power customers

Natural Gas is likely to receive around $110 million for selling its North 
Island retail electricity business to state-owned Genesis

http://www.sharechat.co.nz/news/scnews/article.php/f3988428

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Best Regards

The ShareChat Team


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