Latest FromFletcher Building Limited
![Australian giant takes $200m-plus stake in Fletcher](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Australian giant takes $200m-plus stake in Fletcher
The Australian fund manager has more than A$5 billion in investments under its control.
![Bunnings owners reportedly eyeing Fletcher](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Bunnings owners reportedly eyeing Fletcher
Reports suggest Aussie giant Westfarmers is eyeing a 3 to 4 per cent stake in Fletcher.
![Fletcher price slide sparks fears of mass stock dumping](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher price slide sparks fears of mass stock dumping
Company's share price closed at $5.85 on Friday, compared with a two-year high of $11.02.
![Ralph Bathurst: Resignation is not an answer to problems](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Ralph Bathurst: Resignation is not an answer to problems
COMMENT: Ritual resignations are the wrong way to deal with an organisation's mistakes.
![Fletcher opens door to rent-to-buy scheme in submission](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher opens door to rent-to-buy scheme in submission
Fletcher believes a rent-to-buy scheme would make homeownership possible for more Kiwis.
![Brian Gaynor: Fletcher's Norris a victim of his own success?](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Brian Gaynor: Fletcher's Norris a victim of his own success?
COMMENT: Lack of past mistakes left chairman ill-equipped when things went wrong.
![NZH: How did Fletcher Building miscalculate so badly?](/pf/resources/images/placeholders/placeholder_l.png?d=792)
NZH: How did Fletcher Building miscalculate so badly?
NZ Herald: How did Fletcher Building gets its major project bids so wrong?
![Fran O'Sullivan on Fletchers fiasco: Why Norris effectively fired himself](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fran O'Sullivan on Fletchers fiasco: Why Norris effectively fired himself
Announcement a watershed moment for Fletcher Building.
![Fletcher Building unit lost nearly a billion dollars in last two years](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building unit lost nearly a billion dollars in last two years
Shareholders won't get a dividend for last six months.
![Fletcher Building downgrades sitting at $400m-plus as announcement looms](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building downgrades sitting at $400m-plus as announcement looms
Today's announcement is likely to involve further downgrades for the business.
![Fletcher to front in Ash Wednesday revelations](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher to front in Ash Wednesday revelations
Company has warned it is in danger of breaching bank lending covenants.
![Fletcher Building investors worried: will shareholders pay?](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building investors worried: will shareholders pay?
Fletcher Building might seek money from investors.
![Fletcher trading halt extended, in talks with banks](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher trading halt extended, in talks with banks
Fletcher was expected to make a market announcement this morning.
![Fletcher Building expects further losses, shares halted](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building expects further losses, shares halted
Fletcher Building said it expects further losses at its building and interiors business.
![Decent earnings season on the cards](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Decent earnings season on the cards
Fletcher Building and a2 Milk among firms expected to get a lot of investor attention.
![Rachel Dunne: Foreign investment laws need reform](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Rachel Dunne: Foreign investment laws need reform
COMMENT: NZ companies with small shareholders from abroad can be caught up in OIO net.
![Fletcher Building calls in Mister Fix-it](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building calls in Mister Fix-it
Australian newcomer brings fresh eye to construction giant's troubles.
![Watch: 39-level office tower a third of the way up](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Watch: 39-level office tower a third of the way up
Builders are at level 16 of Auckland's 39-floor Commercial Bay project.
![Brian Gaynor: How to fix Fletcher Building](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Brian Gaynor: How to fix Fletcher Building
COMMENT: The best option would be to either break up the company or sell non-core assets.
![O'Sullivan: Fletcher chair at stellar best](/pf/resources/images/placeholders/placeholder_l.png?d=792)
O'Sullivan: Fletcher chair at stellar best
Sir Ralph Norris's solo performance at Fletcher Buildings AGM meeting will go a long way.
![Fletcher will get no profit from convention centre](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher will get no profit from convention centre
Fletcher will make no money from the Auckland convention centre.
![Fletcher shares plunge, company takes $160m hit](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher shares plunge, company takes $160m hit
The company outed the Justice Precinct and New Zealand International Convention Centre.