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Forum Archive Index - November 2002

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[sharechat] Daily ShareChat News Summary

From: "The ShareChat Team" <>
Date: 13 Nov 2002 17:51:53 -0000

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


NZ tourism operators would welcome newcomer Virgin Blue

New Zealand airports and tourism operators are responding to the call for 
interest from Australian-based discount flier Virgin Blue


Australia's St George to set up retail bank with Foodstuffs

Supermarket operator Foodstuffs said today it planned to set up a retail 
banking venture with Australia's fifth largest bank, St George


Foodstuffs supermarket chain enters banking with St George

Foodstuffs, New Zealand's largest supermarket chain, plans to set up a retail 
banking joint venture with Australia's St George Bank


Powerco S&P rating cut to BBB-plus

Credit rating agency Standard & Poor's has lowered its rating on New Plymouth 
based energy distributor Powerco to BBB+, as predicted


Questions being asked over Fonterra SI plant extension

Dairy farmers are questioning Fonterra's capital funding system as the dairy 
giant prepares to spend $113 million expanding its Edendale factory near 
Invercargill to cater for expected growth in South Island milk supply


Fletcher Forests no longer wants central NI forests - Spring

Fletcher Forests says it is no longer interested in purchasing the key Central 
North Island Forestry Partnership, which it is currently managing for receivers


NGC sells half stake in Southdown Station

NGC Holdings, until recently Natural Gas Corporation, has sealed a conditional 
agreements to sell its half stake in the Southdown power station to Mighty 
River Power for around $39.5 million

Best Regards

The ShareChat Team

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