Forum Archive Index - April 2002
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[sharechat] Daily ShareChat News Summary
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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Fletcher Forests pulls asset bid
Fletcher Challenge Forests says it will not be going ahead with last month's
agreement to purchase the assets of the Central North Island Forestry
Partnership
http://www.sharechat.co.nz/news/scnews/article.php/05d796c9
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Forestry future is double or nothing - Carter Holt
Carter Holt Harvey chief Chris Liddell says New Zealand's forestry industry is
at a crossroads and needs to choose whether to double in size over the next 20
years or remain at its current level
http://www.sharechat.co.nz/news/scnews/article.php/278fc975
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Intaz misses capital target
Health and safety software company Intaz will defer the roll out of its UK
business plan after raising just over half of its $10 million target
http://www.sharechat.co.nz/news/scnews/article.php/e4726557
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Fonterra takes increased NZ Dairy offer
Dairy co-op Fonterra says it will receive $1.75 for each of its shares in New
Zealand Dairy Foods from Graeme Hart's Rank Group, up from the $1.70 originally
offered
http://www.sharechat.co.nz/news/scnews/article.php/b9d17439
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Brash resigns for chance as National MP
The Reserve Bank Governor Don Brash has resigned his central bank role to seek
nomination as a National Party candidate in the upcoming election
http://www.sharechat.co.nz/news/scnews/article.php/14bae85b
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Kirks boosts sales, cuts dividend
Wellington department store Kirkcaldie & Stains has reported a 5.5% lift in
first half earnings but has almost halved its dividend payout as it seeks to
repay debt
http://www.sharechat.co.nz/news/scnews/article.php/eb672c47
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Warehouse seeks full ASX listing
Retailer The Warehouse has joined the list of New Zealand companies that plan
to apply for a full listing on the Australian Stock Exchange
http://www.sharechat.co.nz/news/scnews/article.php/7f12dcf5
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INL's Aussie property sales total $16M
Media group Independent Newspapers has finished disposing of properties
occupied by its former Australian distribution business Gordon and Gotch
http://www.sharechat.co.nz/news/scnews/article.php/69ac962a
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Stern words for PM, Terry over Air NZ comments
The Securities Commission says comments made by Prime Minister Helen Clark and
Greg Terry of BIL Investments in relation to last year's rescue of Air New
Zealand were inappropriate but did not constitute 'tipping' under the
Securities Amendment Act
http://www.sharechat.co.nz/news/scnews/article.php/2a752aea
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Fletcher Forests ran out of time for CNIFP bid
Fletcher Challenge Forests says it is likely that it would have been able to
finance the $1.5 billion purchase of the Central North Island Forestry
Partnership assets if it had had more time to put a deal together
http://www.sharechat.co.nz/news/scnews/article.php/3cd79918
Best Regards
The ShareChat Team
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