AU Evening Wrap: Australia Shares Slip 0.5% as Miners, Banks Fall
Australia shares slip 0.5% as miners, banks fall. Eight of the nine largest companies by market capitalization finished in the red, led by BHP.
Beaten-up ASX 200 Stock Surges 12% on Buyout Rumour
Investors have pummelled ASX 200 stock Fletcher Building Ltd (ASX: FBU) over FY24, but the building materials company shot the lights out today.
AU Evening Wrap: Australia Shares Rise 0.35% Amid Iron-Ore Strength
Australia shares rise 0.35% amid iron-ore strength. Fortescue, Rio Tinto and BHP added between 0.85% and 2.2%.
Why Fletcher Building, Healius, Iperionx, and Iress Shares Are Sinking Today
The S&P/ASX 200 Index (ASX: XJO) is having a strong session on Wednesday. At the time of writing, the benchmark index is up 0.5% to 7,763.8 points.
Fletcher Building Price Target Cut 11% to NZ$3.10/Share by Citi
Fletcher Building Price Target Cut 11% to NZ$3.10/Share by Citi
AU Evening Wrap: Australia Shares Fall 0.3% Ahead of Budget Announcement; Critical Minerals Miners Rise
Critical mineral miners were among the best performers on the ASX, as they were expected to be among the big winners after the budget announcement.
Fletcher Building Downgraded to Hold From Buy by Jefferies
Fletcher Building Downgraded to Hold From Buy by Jefferies
Fletcher's Leverage to Weigh on Stock Valuation -- Market Talk
2240 GMT [Dow Jones]--Fletcher Building's debt burden is likely to weigh on its valuation in the wake of yesterday's profit warning, says Goldman Sachs. "Specifically, we estimate that net debt-to-Ebi
Fletcher Building Price Target Cut 18% to A$3.05/Share by Goldman Sachs
Fletcher Building Price Target Cut 18% to A$3.05/Share by Goldman Sachs
AU Evening Wrap: ASX Rally Late to Close Flat; Fletcher Plummets 11%
Consumer and health stocks were the best performers as the benchmark index rallied from almost 0.4% down over the last hour of Monday's session.
New Zealand Shares Decline as Services Sector Contracts Further; Fletcher Building Cuts Fiscal 2024 EBIT Guidance
New Zealand shares declined on Monday's close following a report that the country's services sector activity reached its lowest level in over two years. The S&P/NZ 50 Index fell 0.88% or 103.01 points
Why ANZ, Fletcher Building, Macquarie, and Sayona Mining Shares Are Dropping Today
In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down 0.3% to 7,725.3 points.
Fletcher Building Navigates Uncertain Market Dynamics in FY24
Fletcher Building (ASX:FBU) has released a building market update indicating that current market conditions have softened within the company’s Materials and Distribution divisions throughout FY24, both in Australia and New Zealand.
This ASX 200 Stock Just Slashed Its Earnings Guidance by 17%
The Australian share market is tipping into the red this morning but nowhere near the extent of one hard-hit ASX 200 stock.
Fletcher Building Should Consider Equity Raise, Citi Says -- Market Talk
0017 GMT - Fletcher Building should consider raising equity to shore up its balance sheet after warning on profits today, Citi says. Fletcher now expects FY 2024 earnings before interest, tax, and sig
Fletcher Building Cuts EBIT Guidance for Fiscal 2024
Fletcher Building (NZE:FBU, ASX:FBU) lowered its earnings guidance for fiscal 2024 due to a slowdown in the residential sector that has been affecting its distribution division, according to a Monday
Fletcher Building Warns on Profits Due to Housing Slowdown in NZ, Australia
By David Winning SYDNEY--Fletcher Building became the latest New Zealand company to warn on profits, as a slowing housing market roils its Materials and Distributions divisions. Fletcher now expects
Fletcher Building Target Price Cut 6.6% to NZ$3.23/Share by Macquarie>FBU.NZ
Fletcher Building Target Price Cut 6.6% to NZ$3.23/Share by Macquarie>FBU.NZ
Fletcher Building Appoints Interim Group General Counsel
Fletcher Building (ASX:FBU, NZE:FBU) has appointed Haydn Wong as interim group general counsel and company secretary, effective Wednesday, according to a Tuesday New Zealand bourse filing. Wong's appo
New Zealand Shares Flat on Friday on Hawkish Fed Comments; Fletcher Building CFO Resigns
New Zealand shares were flat on Friday as investors weighed in on hawkish comments from US Federal Reserve officials. The S&P/NZX50 Index closed little changed in negative territory at 12,012.24. Desp
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