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Printable version |
| From: | Will Bryant <will@sharechat.co.nz> |
| Date: | Fri, 21 Jun 2002 22:35:18 +1200 |
Hi everyone, a selection of articles from this week's NBR are online now. This week: ------------------------------------------------------------------------ Chosen words turn pill-pushers into biotechnology partners The pharmaceutical industry's softly, softly approach is paying off, with Research, Science and Technology Minister Pete Hodgson yesterday signalling drug companies were being rehabilitated from reviled pill-pushers to valued biotech partners http://www.sharechat.co.nz/features/nbr/article.php/50679f9a ------------------------------------------------------------------------ Ski season off to good strong start Atrocious weather this week had most New Zealanders reaching for their winter woollies and a warm place to hide but skifield operators were rubbing their hands in anticipation of opening this weekend http://www.sharechat.co.nz/features/nbr/article.php/6f19a6d7 ------------------------------------------------------------------------ Foodstuffs could still stop the sale of Woolworths Australian retailer Foodland Associated quickly wrapped up its $690 million purchase of Woolworths this week after the High Court dismissed a challenge by competitor Foodstuffs to put the purchase on hold http://www.sharechat.co.nz/features/nbr/article.php/6e541405 ------------------------------------------------------------------------ Tainui struggles to wriggle out of $24 million property fiasco Tainui bosses are anxious to exit a "highly sensitive" $24 million property purchase deal they claimed they signed without knowing what they were doing http://www.sharechat.co.nz/features/nbr/article.php/f1fbffba ------------------------------------------------------------------------ London banker predicts flood of foreign capital A flood of foreign capital into New Zealand and Australia followed by rapid flight is likely over the next 12 months or so, London-based Dresdner Bank economist Andrew Hunt predicts http://www.sharechat.co.nz/features/nbr/article.php/a56a1195 ------------------------------------------------------------------------ Northport logs Asia-bound The new $50 million deepwater facility at Marsden Pt handled its first ship this week, a Carter Holt Harvey chartered vessel with a full cargo of Northland logs for Asia http://www.sharechat.co.nz/features/nbr/article.php/aa4743b6 ------------------------------------------------------------------------ Lyttelton eyes up Timaru with Solid Energy deal Uncertainties about future container trade and loss of dairy business to Port of Timaru were two of the drivers behind Lyttelton Port Co's historic 15-year multimillion-dollar deal with Solid Energy signed last week http://www.sharechat.co.nz/features/nbr/article.php/4b405cf3 ------------------------------------------------------------------------ Residential sales hold Latest residential real estate statistics for May reveal sales and values continued an easing trend in recent months although still well ahead of the same time last year http://www.sharechat.co.nz/features/nbr/article.php/a2a4aa90 ------------------------------------------------------------------------ Winery seeks $3.5m to cash in on US market American wine writer Harvey Steiman is effusive about Tauranga-based winery, Thornbury http://www.sharechat.co.nz/features/nbr/article.php/ebc1c8fe ------------------------------------------------------------------------ Paykel helped create country's largest whiteware manufacturer Maurice Paykel, who died in Auckland aged 88, was co-founder of the country's largest whiteware manufacturer, Fisher & Paykel Industries http://www.sharechat.co.nz/features/nbr/article.php/d75034ac ------------------------------------------------------------------------ Southern Cross cash crisis turns people off insurance Health insurance companies have dropped to the bottom of an industry service ranking, a new National Business Review-HP Invent poll reveals http://www.sharechat.co.nz/features/nbr/article.php/18f06d64 ------------------------------------------------------------------------ Rayglass Boats tops Manukau awards Pakuranga-based marine company Rayglass Boats was named supreme winner at the WestpacTrust Manukau Business Excellence Awards last night http://www.sharechat.co.nz/features/nbr/article.php/411047c0 ------------------------------------------------------------------------ US big boy GE Capital prepares for onslaught after buying AGC US giant GE Capital is preparing a massive campaign to educate its unfamiliar New Zealand market after its recent acquisition of Australasian finance company AGC http://www.sharechat.co.nz/features/nbr/article.php/0f261fd7 ------------------------------------------------------------------------ Tech wreck continues though some companies coming right Companies associated with technology have continued their patchy performance since December http://www.sharechat.co.nz/features/nbr/article.php/d1da5959 ------------------------------------------------------------------------ Report Card: Of Richina Pacific's excuses and a load of old cobblers It's somebody else's fault http://www.sharechat.co.nz/features/nbr/article.php/5dccdf5f ------------------------------------------------------------------------ Bleak house on Wall Street as 11-week fall reflected on world equities markets A persistent slide in global equity markets is threatening to touch the low of last September. Business confidence is suffering http://www.sharechat.co.nz/features/nbr/article.php/93437062 ------------------------------------------------------------------------ On the Money: Heading for a spell of Rob's mob before Rogernomics has to return The secret of Rothschild wealth is said to lie in selling too soon http://www.sharechat.co.nz/features/nbr/article.php/07861d07 ------------------------------------------------------------------------ Jade Software names UBS Warburg as manager of float planned for next year Jade Software Corporation has appointed UBS Warburg as lead manager for its float and Stock Exchange listing http://www.sharechat.co.nz/features/nbr/article.php/7b0681cb ------------------------------------------------------------------------ The O'Brien Column: Accounting differences can make profit results comparisons hard Companies balancing in February or March seemed to improve profitability overall compared with the same periods last year http://www.sharechat.co.nz/features/nbr/article.php/2a510c1c ------------------------------------------------------------------------ Court ruling clears the way for PPCS to raise its shareholding in Richmond High Court judge Willie Young this week amended an injunction to allow PPCS to buy more Richmond shares but preventing it from selling a key 34% parcel that is the subject of a main court hearing in August http://www.sharechat.co.nz/features/nbr/article.php/76da82d1 ------------------------------------------------------------------------ Ausdoc deal attracts scrutiny The lengthy saga of the future of Freightways Express owner Ausdoc has been resolved with its sale to ABN Amro Capital, the private equity arm of Dutch-based investment bank ABN Amro http://www.sharechat.co.nz/features/nbr/article.php/d9115aef ------------------------------------------------------------------------ Airport logistics up land prices The last major piece of industrial land at Auckland's Airport Oaks is about to be sold, with just a handful of sites remaining http://www.sharechat.co.nz/features/nbr/article.php/87589aec ------------------------------------------------------------------------ Around the Traps Metropolis junk bond holders may be interested to note Andrew Krukziener's 1997 NBR Rich List entry http://www.sharechat.co.nz/features/nbr/article.php/47ca53b9 ------------------------------------------------------------------------ Dominion on target for Microsoft House bid Dominion Funds says its bid to collect $10.5 million to part-finance its purchase of Microsoft House in Auckland's CBD is on target despite being pulled up by the Securities Commission http://www.sharechat.co.nz/features/nbr/article.php/809258ac ------------------------------------------------------------------------ Ryman dip just blip says Hickman Ryman Healthcare's dip in earnings is caused by holdups in marketing the company's new retirement village in Auckland but performance is now back on track http://www.sharechat.co.nz/features/nbr/article.php/ef3215b0 ------------------------------------------------------------------------ Restructure folds niche wholesaler Aspac into Go Holidays stablemate Staff numbers at niche Auckland travel wholesaler Aspac Vacations have been decimated as its Australian parent Pacific International consolidates its operations on both sides of the Tasman http://www.sharechat.co.nz/features/nbr/article.php/0580c943 ------------------------------------------------------------------------ Christchurch city fathers move into investments Favoured economic development projects in Canterbury will receive a boost from a $75 million endowment fund set up by Christchurch City Council to provide $1.6 million a year from the interest earned http://www.sharechat.co.nz/features/nbr/article.php/6e37a7d0 ------------------------------------------------------------------------ Telecom shrugs off rating downgrade A credit rating downgrade on Monday by Moody's Investors Service left Telecom's share price unmoved by Wednesday as the cut had already been factored in by the market http://www.sharechat.co.nz/features/nbr/article.php/68dba707 ------------------------------------------------------------------------ Right of reply: Paddy Boyle, Vertex Group Firm 'met disclosure needs' http://www.sharechat.co.nz/features/nbr/article.php/fd32bf38 ------------------------------------------------------------------------ Paranoia among the pine trees: What's wrong with Fletcher's Kaingaroa deal? Nothing done under the Fletcher Challenge banner is ever simple, so the complexities of this week's deal to buy the Central North Island Forest Partnership should come as no surprise http://www.sharechat.co.nz/features/nbr/article.php/8fdacd02 _______________________________________________________________________ Will Bryant ShareChat technical manager will@sharechat.co.nz http://www.sharechat.co.nz/ ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/chat/forum/
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