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Forum Archive Index - September 2000

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Thu, 28 Sep 2000 22:18:02 +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:

Telstra gets Credit Downgrade

Aussie telco Telstra says a credit downgrade from Standard and Poor's was
expected and will not have a material effect on the company's overall
borrowing costs.

http://www.sharechat.co.nz/articles/20000928-TLScreditdowngrade.shtml

**

Nufarm Profit Up, Share Buyback Announced

Agricultural chemical company Nufarm has posted a full year tax paid profit
of A$52 million for the year to the end of July, rising 18% over the same
time last year. Turnover rose 2.7% to A$1.268 billion.

http://www.sharechat.co.nz/articles/20000928-NUFfyr2000.shtml

**

Smorgon Fronts up with A$3.00 for Email shares

Smorgon Steel is back in the market for Email shares, this time offering
A$3.00 cash for all the ordinary shares in the industrial metals and white
goods company.

http://www.sharechat.co.nz/articles/20000928-EMLsmorgoncashoffer.shtml

**

Downer wins more NZ Road Contracts

Australian listed engineering company, Downer Group, has announced it has
won another $70 million of New Zealand roading contracts, pushing its
September total to $170 million.

http://www.sharechat.co.nz/articles/20000928-DGLnzroadcontracts.shtml

**

GPG Offer for Staveley now Unconditional

GPG's bid to buy all of UK support services company Staveley Industries has
gone unconditional.

http://www.sharechat.co.nz/articles/20000928-GPGstaveley.shtml

**

Aussie Telco Considers Future

Australian telco Cable &amp; Wireless Optus says it will be some months
before it finishes a review into its future direction.

http://www.sharechat.co.nz/articles/20000927-CWOfuturereview.shtml

**

Customer Growth for TrustPower

Listed electricity supplier TrustPower says it has gained 500 new customers
in the past week and now has more than 230,000 customers in total.

http://www.sharechat.co.nz/articles/20000927-TPWcustomergrowth.shtml

**

There could be gold in them stocks - A look at INL, SEU, CED & CAH

In his latest article, Frank Fernandez looks at prospects over the next
few weeks for Independent Newspapers Limited, South Eastern Utilities,
Cedenco and Carter Holt Harvey. Read about it in Stocktake.

http://www.sharechat.co.nz/articles/20000928-stocktake.shtml 

**

Best Regards

The ShareChat Team


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