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Forum Archive Index - June 2001

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[sharechat] Daily ShareChat News Summary

From: "Phil Boeyen" <>
Date: Fri, 29 Jun 2001 05:53:01 +1200

Hi everyone, here's the summary of the ShareChat News from yesterday.

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Rubicon boosts buyback after $50M Challenge sale

Biotech company Rubicon is increasing the size of its share buyback after
the successful sale of its Challenge service station network to oil company

Caltex gets the nod, mostly

Oil company Caltex has been given the go ahead to fill up on most - but not
all - of Rubicon's Challenge petrol business

Warehouse approves of analysts' forecasts

Retail group The Warehouse says it's comfortable with current profit
projections from analysts following its April profit warning

Interest cut unlikely after record trade figures

The possibility of a further Reserve Bank interest cut is doubtful after a
much better than expected merchandise trade surplus for May

Court clears path for Commerce Commission

The Commerce Commission is set to move on a number of delayed acquisition
decisions following a High Court ruling

Richmond and PPCS play nicely

Meat companies Richmond and PPCS are working out how to make the most of
their new partnership, putting their fractious past behind them

Hoggard shifts Nufarm stake

Nufarm chairman Kerry Hoggard is no longer a substantial holder in the
Australian-based company after moving his shares to New Zealand

Best Regards

The ShareChat Team

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