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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Thu, 31 Aug 2000 17:10:44 +1200


Hi everyone, here's the summary of the ShareChat News for today.

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/newsalert.shtml.


Today's ShareChat News:

Wine Export Boom Predicted

The New Zealand Wine Institute is predicting wine exports could double over
the next five years.

http://www.sharechat.co.nz/articles/20000831-wineindustryfyr2000.shtml

**

Nufarm sees Commercial Potential in Barrier Reef Research

Chemical manufacturer Nufarm will spend A$2 million over the next three
years on research into a potential new class of natural herbicides which
target nine of the world's ten worst weeds.

http://www.sharechat.co.nz/articles/20000831-nufreefresearch.shtml

**

Tower Buys 25% of Aussie Financial Services Company

Insurance and finance group, Tower, has bought a 25% share of Australian
company Financial Services Partners for an undisclosed amount.

http://www.sharechat.co.nz/articles/20000831-twrfsp.shtml

**

Steel and Tube Profit Leaps 324%

Listed steel processor Steel and Tube has announced a big leap in after tax
profit for the thirteen-month period to the end of June. At $14.26 million,
the result is a 324% increase on last year's result.

http://www.sharechat.co.nz/articles/20000831-stufyr2000.shtml

**

Sovereign Fattens ASB's Bottom-line

Financial services company Sovereign has made almost $34 million in its
first full year of trading as a wholly owned subsidiary of the ASB Group.

http://www.sharechat.co.nz/articles/20000831-cbaasbsovfyr2000.shtml

**

GPG Happy despite Unspectacular Half-year Result

Investment company Guinness Peat Group says it's in a very positive and
productive mood even though its half-year result is much lower than last
year.

http://www.sharechat.co.nz/articles/20000831-gpghyr2000.shtml

**

Best Regards,

The ShareChat Team


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