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[sharechat] Daily ShareChat News Summary


From: "The ShareChat Team" <info@sharechat.co.nz>
Date: 14 Aug 2002 18:34:01 -0000


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 Building exceeds market expectations with $93 million

Fletcher Building has announced a June year net profit of $93 million, a huge 
improvement on the previous year's loss of $272 million

http://www.sharechat.co.nz/news/scnews/article.php/1068ad87

------------------------------------------------------------------------

Fletcher Chairman disappointed, unshaken about failed deal

Fletcher Forests is reviewing its options in the wake of a shareholder vote 
rejecting its $1.4 billion purchase of the 160,000ha Central North Island 
forest estate

http://www.sharechat.co.nz/news/scnews/article.php/98b21ab5

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RB leaves cash rate unchanged because of global storm warnings

Acting Reserve Bank governor Rod Carr today bowed to the influence of a wobbly 
world economy and left the Official Cash Rate (OCR) unchanged at 5.75 percent

http://www.sharechat.co.nz/news/scnews/article.php/00404238

------------------------------------------------------------------------

Straightedge signs North American deal

Carter Holt Harvey's Straightedge Division said today it had signed a deal with 
Canadian company Silk Systems

http://www.sharechat.co.nz/news/scnews/article.php/0f25cc56

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More rate rises not urgent and may be unnecessary - Carr

Acting Reserve Bank governor Rod Carr today left the Official Cash Rate (OCR) 
unchanged and said further interest rate rises were not urgent and may be 
unnecessary

http://www.sharechat.co.nz/news/scnews/article.php/10151edc

------------------------------------------------------------------------

Fletcher Building exceeds market expectations with $93 million

A construction revival has helped Fletcher Building exceed market expectations 
for its annual profit and stage a major turnaround from the previous year's 
loss

http://www.sharechat.co.nz/news/scnews/article.php/1068ad87


Best Regards

The ShareChat Team

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