Fletcher Building
Trademe takeover approach, Fletcher Building profit warning
Business commentator Rod Oram takes a look at the Trademe takeover approach from a UK investment fund, and Fletcher Building issues yet another profit warning, and has a very bad AGM. Audio
Australia woes contribute to Fletcher Building's lower profit forecast
Fletcher Building has dropped its first-half profit outlook, due to challenges in the Australian business and the timing of house sales in the residential division.
Fletcher Building's interim result to be lower than expected
The country's largest construction company, Fletcher Building, has dropped its first half profit outlook, due to challenges in the Australian business and struggling sales in its residential division.
…Environmentalists decry court approval of Mangere development
Opponents of a massive housing development set to be built alongside historically significant land in Mangere, Auckland say they will do whatever it takes to stop it going ahead. Audio
SkyCity warned of convention centre delay
The completion of SkyCity Group's international convention centre in Auckland may be pushed back further.
Fletcher Building revises initial offer to buy Steel & Tube
Fletcher Building has withdrawn its takeover offer for Steel & Tube, after its increased puchase price was snubbed.
Fletcher Building drops offer to buy Steel & Tube
Fletcher Building has dropped its takeover offer for Steel & Tube after the board rejected its revised offer as being too low. Audio
NZX, Steel & Tube, Wanaka airport
What is happening in business with commentator Rod Oram ; NZX rejects demands from an activist shareholder, Fletcher Building bids for Steel & Tube and Queenstown Airport to invest in Wanaka Airport.
…Fletcher Building makes a takeover offer
Fletcher Building has made an unsolicited takeover offer for building products company Steel and Tube. Audio
Fletcher Building reports large loss on flat sales growth
The country's biggest construction firm, Fletcher Building, has slumped to a worse than expected full year loss. Audio
New completion dates for Fletcher's Auckland projects
Two Auckland projects being built by the beleagured Fletcher Building will be completed late next year, about six months late.
Ebert Construction goes into receivership
Ebert Construction has gone into receivership, owing $40 million and leaving subcontractors out of pocket. Workers and contractors arrived at sites around the country this morning to find themselves… Audio
Fletcher appoints KiwiRail CEO to lead construction division
Fletcher Building has appointed the head of KiwiRail, Peter Reidy, to head its troubled construction business as it's made further changes to its top management. Audio
Fletcher Building sells stake in Sims Pacific Metals
Fletcher Building is selling its 50 percent stake in the Sims Pacific Metals to Australia's Sims Metal Management for NZ$42 million. Audio
Interesting AGMs and the rebuilding of Fletcher Building
Business commentator, Nikki Mandow is looking at a couple of recent interesting AGMs, and also, Fletcher Building's plans to get back on track after almost a billion dollars of write-downs. Nikki… Audio
New board appointments at Fletcher Building
The New Zealand Shareholders Association is giving its support to new board appointments at Fletcher Building. Audio
Fletchers announces future plans
Fletcher Building is to concentrate on New Zealand and Australia, and in core markets where it can increase its share as it comes up with a strategy to recover from heavy losses in its building… Audio
Fletcher Building cuts deal with bankers
The firm has cut a new deal with its bankers, which will see it pay more for its lending and put the proceeds of asset sales immediately to paying back debt.
Fletcher Building survives index review
Shares in Fletcher Building have had a strong rise this morning after it was confirmed that it will stay part of a key overseas investment index. Audio
Fletcher Building still looking to buy businesses, sell others
The construction company, Fletcher Building, says it's still on the hunt for strategic assets and will also consider selling others. Audio