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Forum Archive Index - October 2002

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[sharechat] Daily ShareChat News Summary

From: "The ShareChat Team" <>
Date: 14 Oct 2002 17:40:30 -0000

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

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available, please subscribe to the ShareChat News Alert Service, 
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Stock Exchange revamp may be behind soft Air NZ share price

Observers say stock exchange plans to revamp the NZSE-40 index may be a factor 
in the soft share price of Air New Zealand, the New Zealand Herald reported 


Australasian executives get less incentive-linked pay

The growth rate of executive pay in Australia and New Zealand has halved this 
year, the Sydney Morning Herald reported a survey saying today


NZ Dairy Foods gets closer to capital notes target

New Zealand Dairy Foods Holdings has sold $118.7 million worth of five and 
10-year capital notes


Contact Energy shielded from Edison's credit problems - so far

Credit ratings agency Standard & Poor's said today there would be no immediate 
impact on Contact Energy's ratings after Contact's parent company Edison 
Mission Energy was placed on creditwatch with a negative outlook last week


Few redundancies expected from NZ brokerage merger

Few redundancies are expected to result from a proposed merger of two New 
Zealand brokerages


Shareholders get mixed advice on Shotover Jet offer

Shotover Jet's independent directors have given shareholders mixed advice as to 
whether to accept the latest takeover offer from majority shareholder Ngai Tahu 
Holdings Corp


Strathmore posts $4.3m annual loss

Reeling technology investment company, Strathmore Group today reported a $4.3 
million loss in the year to July 31

Best Regards

The ShareChat Team

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