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| From: | Will Bryant <will@sharechat.co.nz> |
| Date: | Fri, 01 Mar 2002 13:27:23 +1300 |
Hi everyone, a selection of articles from this week's NBR are online now. This week: ------------------------------------------------------------------------ Creditors in dark over Excell Hartner Group receiver John Waller yesterday refused to reveal details of a transaction in which Eric Watson's Cullen Investments ended up taking control of a key Hartner asset, Excell Group http://www.sharechat.co.nz/features/nbr/article.php/a0583d97 ------------------------------------------------------------------------ New Zealand holds the line as as AMP suffers worldwide fall Australian financial services operator AMP wants to edge into this country's already crowded retail banking market - with an emphasis on virtual banking http://www.sharechat.co.nz/features/nbr/article.php/7157d551 ------------------------------------------------------------------------ Friends dominate Air NZ board Five Air New Zealand directors yesterday sat abreast to field questions from the media. Their seating arrangement must surely have been coincidence http://www.sharechat.co.nz/features/nbr/article.php/3f0a72b3 ------------------------------------------------------------------------ Carrier enters accord Air New Zealand has struck a formal accord with its major unions to allow workers' direct input into decisions on operating issues affecting the airline http://www.sharechat.co.nz/features/nbr/article.php/8a13edbd ------------------------------------------------------------------------ Executives quit as Wilson Neill sinks further Key executives are fleeing the struggling Wilson Neill in the wake of the company's disastrous $24 million loss http://www.sharechat.co.nz/features/nbr/article.php/fa08bf9f ------------------------------------------------------------------------ 'Wall of Wood' holds Fletcher Forests back Fletcher Challenge Forests claimed a "strong recovery" for the December half-year but its rhetoric failed to fire the market http://www.sharechat.co.nz/features/nbr/article.php/bd8ca450 ------------------------------------------------------------------------ Affco, Richmond warn of lower first-half profits Badly in need of a circuit breaker of good news, Affco Holdings instead served up prudence and hope at this week's annual meeting http://www.sharechat.co.nz/features/nbr/article.php/193e6160 ------------------------------------------------------------------------ Company results in brief Sky City Entertainment Group's core earnings rose 14% to $37.9 million in the December first half but the writeoff of $27.8 million on its investment in cinema operator Force Corporation cut the bottom-line profit to $10.1 million http://www.sharechat.co.nz/features/nbr/article.php/34cbc722 ------------------------------------------------------------------------ Pyne Gould's Reid benefits Pyne Gould Guinness delivered good news to the market following last September's merger with Reid Farmers http://www.sharechat.co.nz/features/nbr/article.php/36725b07 ------------------------------------------------------------------------ No changes without big boys' backing but publicity aplenty The shareholder proposals to be considered at the annual meeting of Contact Energy on March 11 are practical examples of the increased powers given to shareholders under the Companies Act 1993 http://www.sharechat.co.nz/features/nbr/article.php/ebbc86e8 ------------------------------------------------------------------------ Greymouth Petroleum picks up Shell oil and gas field Greymouth Petroleum has reached an agreement with Shell to buy Southern Petroleum Ohanga and Shell's interests in the Kaimiro oil and gas fields for an undisclosed sum http://www.sharechat.co.nz/features/nbr/article.php/e2fd5fcd ------------------------------------------------------------------------ Lion Nathan has to deliver on promise Last year, after reviewing Lion Nathan's 2000 annual report, I complimented the company for not being afraid to tell the world it intended to "earn some applause" this year http://www.sharechat.co.nz/features/nbr/article.php/dbbd0160 ------------------------------------------------------------------------ Markets not out of the woods yet Overvaluation has become an almost universal cause of concern running right through the markets http://www.sharechat.co.nz/features/nbr/article.php/5e25af3d ------------------------------------------------------------------------ Good recoveries hide in rush of reports Some good recovery situations were included (or buried) in the swag of reports issued in recent weeks http://www.sharechat.co.nz/features/nbr/article.php/e66f5dae ------------------------------------------------------------------------ Australia looks best overseas bet for Kiwi punters New Zealand-based investors who took positions in overseas markets last year had a tough time http://www.sharechat.co.nz/features/nbr/article.php/25ac7e8d ------------------------------------------------------------------------ Stick to solid Aussie stocks unless you have deep pockets A discussion of market and company prospects in Australia at any time will provoke debate given New Zealand investors' awareness of the Australian financial scene and widespread holdings of Australian equities http://www.sharechat.co.nz/features/nbr/article.php/27072a21 ------------------------------------------------------------------------ New Zealand listed companies foot it with the best in Australia New Zealand listed property companies provided some "very impressive results" in Australia's BDO Listed Property Trust Survey http://www.sharechat.co.nz/features/nbr/article.php/5b241999 ------------------------------------------------------------------------ TTP takes biggest hit yet but has it bottomed out? Trans Tasman Properties took a bath with this year's annual result, losing $20 million on property sales and devaluing its portfolio by a further $61.7 million http://www.sharechat.co.nz/features/nbr/article.php/81e4e718 ------------------------------------------------------------------------ Edison's Contact cash-grab - fact or fantasy? Those who've been around the block a few times know there can be smoke without fire http://www.sharechat.co.nz/features/nbr/article.php/fed47d45 _______________________________________________________________________ Will Bryant ShareChat technical manager will@sharechat.co.nz http://www.sharechat.co.nz/ ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/chat/forum/
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