Forum Archive Index - December 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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ACC to sell half of airport stake for $191 mln

Auckland City Council has agreed to sell half of its 25.6 percent stake in 
Auckland International Airport

http://www.sharechat.co.nz/news/scnews/article.php/f196ae63

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Shareholder watchdog calls for Tower board accountability

The Shareholders Association is calling for board of troubled financial 
services group Tower Ltd to be held accountable for a $75 million September 
year loss

http://www.sharechat.co.nz/news/scnews/article.php/964c4825

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Powerco says share offer undersubscribed

Power Co said today there was a 12 percent shortfall in its share offer, which 
would be taken up by underwriters Macquarie Equities

http://www.sharechat.co.nz/news/scnews/article.php/3f6aa42f

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Wrightson warns of difficult spring

Rural services company Wrightson Ltd warned today its half year result would be 
affected by continuing difficult weather over the spring

http://www.sharechat.co.nz/news/scnews/article.php/b70d8e45

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Auckland Council agrees to sell half airport stake

Auckland City Council has agreed by 11 votes to eight to sell half of its 25.6 
percent stake in Auckland International Airport

http://www.sharechat.co.nz/news/scnews/article.php/4f0f07d3

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Air NZ October load factor rises 74.5 percent

Air New Zealand said today its total passenger load factor was 74.5 percent in 
October, up 11.4 percentage points on the same month a year earlier

http://www.sharechat.co.nz/news/scnews/article.php/53b4d206

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Companies play down continuous disclosure's part in forecasts

The Stock Exchange's new continuous disclosure was suspected of having an 
influence on a raft of company forecasts today

http://www.sharechat.co.nz/news/scnews/article.php/89a6503f

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INL shares rise on positive profit forecast

Shares in media group Independent Newspapers Ltd (INL) rallied after the 
company put out a positive forecast for its half year results today

http://www.sharechat.co.nz/news/scnews/article.php/db5e61b7

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Who takes responsibility for Faulty Tower?

Tower Ltd chairman Colin Beyer gave his former chief executive, James 
Boonzaier, both barrels yesterday when apportioning blame for the company's $75 
million annual loss

http://www.sharechat.co.nz/news/scnews/article.php/14b2d633


Best Regards

The ShareChat Team

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