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Forum Archive Index - January 2003

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[sharechat] Daily ShareChat News Summary

From: "The ShareChat Team" <>
Date: 21 Jan 2003 17:50:26 -0000

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

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Business confidence drops despite robust economy

The rising New Zealand dollar and the weak United States economy helped squash 
business confidence at the end of last year, despite the continued robust 
domestic economy


Property sale for listed investor

Listed industrial property investor Property For Industry (PFI) Ltd has sold an 
Auckland industrial property for $2.45 million


AMP says net loss to worsen to A$900 million

Financial services company AMP predicted today a worse than expected annual net 
loss of A$900 million ($975.6 million) for 2002


AMP shares plunge amid shock UK earnings downgrade

Shares in AMP Ltd plunged to record lows in early trade today after the 
financial services giant shocked investors with more bad news from its troubled 
British operations


PPCS "unable to recreate" Richmond offer if altered- lawyer

A "generous" takeover offer for Richmond Ltd could not be recreated if 
shareholders were denied the opportunity to participate in the present bid by 
PPCS, the High Court at Christchurch was told today


Retail sales showing no sign of tiring

Retail trade still shows no sign of slowing, analysts said after new data out 

Best Regards

The ShareChat Team

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