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[sharechat] Daily ShareChat News Summary


From: "Phil Boeyen" <pboeyen@sharechat.co.nz>
Date: Tue, 29 May 2001 06:55:50 +1200


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:

Wrightson pulls out of wool venture
Rural services company Wrightson is withdrawing from plans to set up a
specialist strong wool company with the Wool Board.

http://www.sharechat.co.nz/articles/20010528-WRIstrongjv.shtml

**

Bendon looks for touch of Watson magic
Lingerie company Bendon is hoping for more model success after signing top
kiwi model Nicky Watson to promote a recently acquired brand.

http://www.sharechat.co.nz/articles/20010528-BENwatsonsigned.shtml

**

Disputed PDL stake goes to tender
Just over 2% of shares in electrical business PDL are to be put up for
tender following the court decision ordering Hong Kong-based Gold Peak to
sell part of its holding.

http://www.sharechat.co.nz/articles/20010528-PDLgoldpktender.shtml

**

NZ Herald journos consider new offer
Striking journalists at Wilson & Horton's flagship publication, the NZ
Herald, have returned to work to consider a new offer from the company.

http://www.sharechat.co.nz/articles/20010528-WHHPAnewoffer.shtml

**

Lion Nathan improves in tough market
Lion Nathan says solid performances from its core Australasian beer business
have helped improve interim profit.

http://www.sharechat.co.nz/articles/20010528-LNNhy2001.shtml

**

Report sets fair price for TrustPower
An appraisal report into energy firm TrustPower says a fair price for the
company would be in the range between $3.23 and $3.62 per share.

http://www.sharechat.co.nz/articles/20010528-TPWappreport.shtml

**

Woolworths purchase 'good for consumers'
Perth-based retailer Foodland says a purchase of the Woolworths group of
supermarkets in New Zealand would be good for consumers.

http://www.sharechat.co.nz/articles/20010528-FALwwpurchase.shtml

Best Regards

The ShareChat Team






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