Forum Archive Index - July 2002

[Will Bryant <will@sharechat.co.nz>]

Hi everyone, a selection of articles from this week's NBR are online 
now.  This week:

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Air NZ announces radical restructure

Air New Zealand is acquiring a fleet of 15 Airbus A320 jetliners in a deal 
worth more than $US400 million ($NZ818 million) and taking options on a 
further 20 in a radical restructure of its short-haul international fleet.

http://www.sharechat.co.nz/features/nbr/article.php/a2218082

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Market sends Tranz Rail sliding

Tranz Rail's share price this week slid to a two-year low but its big 
shareholders say they still support its business plan

http://www.sharechat.co.nz/features/nbr/article.php/7bb48025

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Stock Exchange eyes Rubicon share raid

The Stock Exchange yesterday began investigating a complaint sharebroker JB 
Were breached exchange rules with its overnight purchase of 18% of Rubicon.

http://www.sharechat.co.nz/features/nbr/article.php/313c8382

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Aids drug company clinches a new deal

Auckland-based biotech company Virionyx Corporation revealed yesterday it 
would be applying for the US Food & Drug Administration's fast- track 
programme as it heads into the second phase of clinical trials of its 
anti-HIV drug HRG214

http://www.sharechat.co.nz/features/nbr/article.php/84972566

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Utu wreaks revenge on investors

The ghost of taxation past is again haunting the public, with winebox-type 
allegations aired in the High Court at Wellington over funding of the film Utu.

http://www.sharechat.co.nz/features/nbr/article.php/fcfb75d2

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Zespri under fire over board election bullying claims

A disgruntled kiwifruit grower yesterday lashed out at Zespri chairman Doug 
Voss, accusing him of misleading shareholders in the run-up to this month's 
board elections.

http://www.sharechat.co.nz/features/nbr/article.php/b7968c5b

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Biotech firm delays float to court others

A subsidiary of biotechnology research company NeuronZ has delayed issuing 
a public float while it courts private investors.

http://www.sharechat.co.nz/features/nbr/article.php/1b7046dd

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Lyttelton Port fronts up after market dive

Listed Lyttelton Port Company managing director David Viles refused to 
comment about the implications of losing container business to rival Port 
of Timaru until the Stock Exchange queried the company about a 17c dive in 
the share price mid-week to $1.64

http://www.sharechat.co.nz/features/nbr/article.php/3edd94a2

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Hollow victory for watchdog

New Zealand Shareholders' Association chairman Bruce Sheppard's Fletcher 
Forests "safety net" has been described as a hollow victory and his 
assertion 1% of the company's shares could torpedo its Citic deal as plain 
wrong.

http://www.sharechat.co.nz/features/nbr/article.php/38832cec

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NZ's own Enron scandal nears end

New Zealand's own Enron-type scandal is drawing to a close after nearly a 
decade of receivers and liquidators picking over the carcass of moribund 
meat company Fortex Group, which collapsed in 1993.

http://www.sharechat.co.nz/features/nbr/article.php/e56dbd0e

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New development in Berryman bridge case

The Wanganui couple wrongly blamed for the death of a friend yesterday 
appealed to the solicitor-general to order another inquest after shocking 
revelations that the army withheld information.

http://www.sharechat.co.nz/features/nbr/article.php/e452dfed

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New man at top of Oracle NZ is longest-serving Kiwi employee

Oracle's New Zealand operation has a new boss

http://www.sharechat.co.nz/features/nbr/article.php/d577aa1d

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Qantas chief says a partnership with Air NZ would be equal

Qantas chief executive Geoff Dixon has confirmed the carrier is continuing 
negotiations for a close partnership with Air New Zealand as one of several 
options to strengthen his airline's base for increased international growth

http://www.sharechat.co.nz/features/nbr/article.php/50653bdb

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Good sound year for five ports

Listed port companies continued to produce good capital gain over the past year

http://www.sharechat.co.nz/features/nbr/article.php/e0b0be84

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Report Card: Powerco weathers sector changes well

Business consultants encourage people to take the "elevator test."

http://www.sharechat.co.nz/features/nbr/article.php/27259eb9

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On the Money: Analysts bob precariously in a sea of dodgy books

On the Money

http://www.sharechat.co.nz/features/nbr/article.php/2162618b

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Young Nick's Head sale shows up foreign ownership tensions

The purchasing consultant who acted for Wall Street billionaire John 
Griffin in the $3.2 million purchase of Young Nick's Head says the property 
might be a New Zealand icon but it has been owned by an absentee Australian 
resident for the past 23 years.

http://www.sharechat.co.nz/features/nbr/article.php/5d753803

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Telecom takes valuations to task

Telecom has filed High Court proceedings against Christchurch City Council 
challenging the validity of utility valuations that have been used to levy 
rates on its assets

http://www.sharechat.co.nz/features/nbr/article.php/8bc0c0f7

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Symphony is silent on market-listing rumours

Symphony's determination to keep tight-lipped about its plans to list has 
been raising speculation about how and when it will do so.

http://www.sharechat.co.nz/features/nbr/article.php/f0835fe1

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Builder of leisure and military craft is a treble award winner

Fast-growing manufacturer Rayglass Boats struck the treble at the 
WestpacTrust Manukau Business Excellence Awards as managing director Tony 
Hembrow plans to double his factory size to meet increasing export demand.

http://www.sharechat.co.nz/features/nbr/article.php/0d3423cc

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Fools rush in where bankers fear to tread

Shoeshine never ceases to be amazed by New Zealand punters' appetite for 
high-risk yield investments

http://www.sharechat.co.nz/features/nbr/article.php/25278a9d

_______________________________________________________________________
Will Bryant                                 ShareChat technical manager
will@sharechat.co.nz                        http://www.sharechat.co.nz/


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