![Fletcher flags $650m to $690m earnings](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher flags $650m to $690m earnings
The Canterbury rebuild's imminent conclusion and business sales will push New Zealand's biggest listed business to make operating earnings of between $650 million to $690 million - the lower end of....
The Canterbury rebuild's imminent conclusion and business sales will push New Zealand's biggest listed business to make operating earnings of between $650 million to $690 million - the lower end of....
NZ's biggest listed company has revealed how one of its businesses made faulty and weak concrete and sent it out to many building sites, including the Waterview project.
Spark has fallen from being the NZX's largest listed company by market capitalisation, valued at $6.51 billion in February, to the third largest at $5.17 billion.
The Singaporean Government's sovereign wealth fund is expanding its New Zealand property holdings after taking a 49 per cent stake in 10 major properties for about $1.2 billion in the last year.
New Zealand shares fell, led by Fonterra Shareholders' Fund, after the world's biggest dairy exporter lowered its guidance for dividends
New Zealand shares rose yesterday, paced by Chorus as its first-half earnings met with market expectations. Xero rose to a four-month high as a seller exited the stock.
Fletcher Building spent $57 million on land in the latest half year, well up on the $28 million it spent in the last full year.
Fletcher Building's new $77 million hi-tech Formica Group plant in China is running at close to half-capacity, two years after it opened.
Bad business purchases here and in Australia hit Fletcher Building's bottom line result yesterday, leaving some shareholders keen to sell.
Rising New Zealand commercial and house-building could buoy this week's Fletcher Building result as analysts highlighted domestic activity as a big profit driver.
New Zealand shares rose yesterday, heading back towards a record high after a two-day slide.
The judges say Fletcher Building's board has consistently managed its succession planning well.
New Zealand shares fell yesterday, paced by Meridian Energy, Contact Energy and Mighty River Power as some investors looked to crystallise recent gains.
Andrew Rolfe, Fletcher Construction project manager, said a 16m hole on the corner of Halsey St and Gaunt St in the Wynyard Quarter had now been completed.
New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance. Xero fell as its first-half results showed a slower pace of growth.
Riding in the Batmobile, chasing the Riddler up the Sky Tower and saving Aotea Square from zombies have all been in a day's work for Johnny Jackson.
October was a crazy month for financial markets.
Professional investors have questioned the value to Goodman Property Trust of Singapore's Government Investment Corporation's acquisition of a 49 per cent stake in Auckland's Viaduct Quarter.
Singapore's sovereign wealth fund has bought a half stake in some of Auckland's newest commercial buildings in the Viaduct Quarter.
Fletcher Construction's efforts here during World War II and its aftermath are detailed in a second huge volume about the business.
Fletcher Building has forecast an 11 per cent operating earnings uplift by as much as $66 million this financial year but some shareholders still expressed dissatisfaction at yesterday's AGM in Auckland.
New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.