Forum Archive Index - November 2002

["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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Shares in "faulty Tower" slump one third after profit warning

Shares in Tower Ltd shed a third of their value this morning in the aftershock 
of Friday's profit warning

http://www.sharechat.co.nz/news/scnews/article.php/04123dba

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Freightways posts 21pc rise in profit

Freight forwarding company Freightways has announced a 21 percent rise in 
after-tax profit for its first quarter

http://www.sharechat.co.nz/news/scnews/article.php/5e2355c4

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Wage and employment data shows tight labour market continues

An increase in New Zealand's private sector earnings in the August quarter was 
the biggest in more than 12 years, providing more evidence of an increasingly 
tight labour market

http://www.sharechat.co.nz/news/scnews/article.php/a9438d21

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Arborgen could be sticking point in GPG-Rubicon bid

Independent directors of Rubicon Ltd have advised major shareholder Guinness 
Peat Group that its partial takeover bid for Rubicon could be hampered by the 
other partners in ArborGen, a forest biotechnology joint venture

http://www.sharechat.co.nz/news/scnews/article.php/39e1e591

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TelstraClear reveals $106m loss in 6 months to June

TelstraClear, 58 percent owned by Telstra, today revealed it lost $106.7 
million in the six months to June 30

http://www.sharechat.co.nz/news/scnews/article.php/d44942c2

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GPG calls Rubicon advisory "mischievious"

Guinness Peat Group's New Zealand director, Tony Gibbs, accused Rubicon of 
"mischief-making" for issuing a statement of concern about its biotechnology 
offshoot, ArborGen

http://www.sharechat.co.nz/news/scnews/article.php/0a0aead7

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"Fawlty Tower" teeters after market savaging

Tower Ltd, nicknamed "Fawlty Tower" after Friday's profit warning, had 44 
percent of its $621 million value wiped off today in a savaging akin to market 
maulings overseas this year

http://www.sharechat.co.nz/news/scnews/article.php/4601115c

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Telecom says expects $145-150 million first quarter profit

New Zealand's largest listed company, Telecom, said tonight it expects to post 
after tax earnings of $145 million to $150 million for the three months to 
September 30

http://www.sharechat.co.nz/news/scnews/article.php/37408fdf


Best Regards

The ShareChat Team

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