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[sharechat] Daily ShareChat News Summary


From: "The ShareChat Team" <info@sharechat.co.nz>
Date: 10 Feb 2003 17:57:27 -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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Powerco completes UnitedNetworks purchase for $804 mln

Electricity and gas distributor Powerco has paid a final price of $804 million 
for UnitedNetworks' assets, $6 million lower than expected

http://www.sharechat.co.nz/news/scnews/article.php/3c99ad24

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National Property Trust six month profit down 13 percent

Christchurch-based property investor National Property Trust posted a 13 
percent fall in interim profit as a result of its flagship shopping centre 
development

http://www.sharechat.co.nz/news/scnews/article.php/d01f3b8c

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Air NZ ends unprofitable Sydney-Los Angeles service

Air New Zealand is ditching its unprofitable route between Sydney and Los 
Angeles, but will increase flights from Auckland

http://www.sharechat.co.nz/news/scnews/article.php/4878f898

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Tower chairman flags imminent retirement

Tower chairman Colin Beyer has signalled his intention to quit as chairman of 
the transTasman financial services company

http://www.sharechat.co.nz/news/scnews/article.php/6ca6bb60

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Cue Energy six-month result down almost 100 percent

Australasian oil explorer Cue Energy saw an almost 100 percent dip in net 
profits for the six months ended December 31

http://www.sharechat.co.nz/news/scnews/article.php/658d81d0

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Contact Energy books slightly improved profit

Electricity and gas company Contact Energy has booked a first quarter net 
profit of $18.4 milllion, a slight improvement on the same period last year

http://www.sharechat.co.nz/news/scnews/article.php/001b61ba

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Qantas/Air NZ find hidden hurdle

Air New Zealand and Qantas have another regulatory hurdle that has the 
potential to trip or stall their proposal for a strategic alliance

http://www.sharechat.co.nz/news/scnews/article.php/e6786b73

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

Best Regards

The ShareChat Team

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