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Forum Archive Index - February 2001

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Tue, 13 Feb 2001 05:47:09 +1300


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/newsalert.shtml.


Yesterday's ShareChat News:

THL Downgrades Profit Again

The country's biggest tourism company, Tourism Holdings, has further
downgraded its forecast full year profit from $21 million to between $14 and
$16 million.

http://www.sharechat.co.nz/articles/20010212-THL2ndprofitdowngrade.shtml

**

NZSE Regrets Lion Waiver Situation

The NZSE's Market Surveillance Panel is defending its decision to allow
brewer Lion Nathan to make a stand in the market for Montana shares at an
increased price without waiting the usual 48 hours.

http://www.sharechat.co.nz/articles/20010212-LNNMONnzsewaiverregret.shtml

**

Foster's Drinks to Half-Year Profit

Australia's biggest brewing company, Foster's, has reported a 9.8% increase
in half-year net profit to A$267 million with strong growth coming from its
wine operations.

http://www.sharechat.co.nz/articles/20010212-FBGhy2001.shtml

**

Sales and Capacity Jump for Telecom Cable

Telecom's Southern Cross Cable has announced another US$443 million in sales
and says it plans to upgrade the cable's carrying capacity.

http://www.sharechat.co.nz/articles/20010212-TELsxcablesales.shtml

**

Richmond sets Capital Note Rate

Hawkes Bay-based meat company Richmond has set a rate of 10.75% for it
capital note issue.

http://www.sharechat.co.nz/articles/20010212-RHDcapnoterate.shtml

**

Record Interim Profit for Baycorp

Credit and financial services company Baycorp says it will announce a record
profit when it releases its interim report next week.

http://www.sharechat.co.nz/articles/20010212-BCHinterimprofit.shtml

**

The Investor Column: Save Money Before You Hope to Make It

In the novel "Bonfire of the Vanities" the main character Sherman McCoy
illustrates a key investment principle. It doesn't matter how much you earn
if you don't save.

http://www.sharechat.co.nz/articles/20010212-investorcolumn.shtml

**

Best Regards

The ShareChat Team


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