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[sharechat] Daily ShareChat News Summary


From: "The ShareChat Team" <info@sharechat.co.nz>
Date: 15 Jan 2003 17:48:42 -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 Forests sells cutting rights, announces 25cps return

Fletcher Forests, whose share price rose 9 percent yesterday, today announced a 
$US65 million ($NZ122 million) sale of forest cutting rights and a capital 
return of $140 million, equating to 25cps

http://www.sharechat.co.nz/news/scnews/article.php/454b27db

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Feverpitch switches from gambling to childcare

Like a child discovering the latest hot toy the Stock Exchange is finally 
catching up with the big kid across the Tasman and getting into the craze for 
listing childcare companies

http://www.sharechat.co.nz/news/scnews/article.php/6184c1e7

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VTL warns of lower year profit

Vending Technologies Ltd (VTL) today warned its profit for the year to March 31 
would be significantly lower than a year ago

http://www.sharechat.co.nz/news/scnews/article.php/58c4485b

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Trade deficit wider in November

New Zealand recorded a trade deficit of $434 million in November, according to 
revised figures released by Statistics New Zealand today

http://www.sharechat.co.nz/news/scnews/article.php/dcc28944

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Fletcher Forests share trading to be investigated

The Securities Commission said today it will investigate trading in Fletcher 
Forests shares

http://www.sharechat.co.nz/news/scnews/article.php/90f94166

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Fonterra resiles from $30 billion claim which persuaded farmers

New Zealand's biggest company, Fonterra Cooperative Group, has resiled from one 
of the key promises used to persuade farmers of the merits of the mega-merger 
with which it was created

http://www.sharechat.co.nz/news/scnews/article.php/c6dbb4b8

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Suspicious share trading overshadows Fletcher Forests news

A strong suspicion of insider trading blackened Fletcher Challenge Forests' 
(FCF) announcement today of a big forestry cutting rights sale and $140 million 
capital repayment

http://www.sharechat.co.nz/news/scnews/article.php/0afec650


Best Regards

The ShareChat Team

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