Fletcher Building
Fletcher Building losses shock
As you heard in the news Fletcher Building has revealed a catalogue of mismanagement, miscalculation, and gigantic losses in its building and interiors division. Audio
Fletcher Building announces $660m loss, Ralph Norris quits
Sir Ralph Norris has stood down from his chairmanship of Fletchers after its building division announced revised losses of $660 million. Sir Ralph said he wanted to show he was accountable for the… Audio
Fletcher Building share trading halt to continue
Fletcher Building's share trading halt is to continue until Wednesday as it reviews its building and interiors unit.
More bad news for Fletcher Building, extends trading halt
RNZ Business Editor Gyles Beckford discusses the major announcement that our biggest construction business, Fletcher Building has requested a further trading halt of its shares and capital notes on… Audio
Fletcher Building may have to raise capital to cover losses
The country's biggest construction company, Fletcher Building, is back in the spotlight with yet another warning of big losses in its building division. Audio
Fletcher Building board commits to increasing board diversity
The sole woman director on the Fletcher Building board, Cecilia Tarrant, says the company's shareholders clearly valued diversity over revenge at the recent annual meeting. Audio
Fletcher Building board takes pay cut after $160m hit
Fletcher Building's board will take a 20 percent pay cut as the building giant continues to struggle with losses in its building and interiors business.
Fletcher forecasting more losses in building unit
Shares in Fletcher Building have taken another battering this morning .. falling around 5 percent after the company revealed it will lose more money on big construction projects. Audio
Trading in Fletcher Building halted
Trading in Fletcher Building shares has been suspended ahead of announcements tomorrow about its profit outlook, a review of last year's loss-making projects, and a new chief executive.
'All the people on the floor just get beat down every day'
Dozens of workers from Fletcher Building businesses walked off the job this morning after pay negotiations with the country's biggest construction company stalled.
Fletcher Building in trading halt ahead of guidance update
Trading in Fletcher Building shares has been suspended ahead of news tomorrow about its profit outlook, a review of last year's loss making projects and a new chief executive. Audio
Business commentator Rod Oram
Business Commentator, Rod Oram talks to Kathryn Ryan about Fonterra's year-end results, and its CEO's big pay packet as well as Fletcher Building calling in the auditors to look at its four most… Audio
Construction industry needs to change - Infrastructure NZ
A profit collapse at Fletcher Building shows procurement in the construction sector needs to change, Infrastructure New Zealand says.
Evening business for Weds 16 August
News from the business sector, including a market report. Audio
Fletcher Building's profit collapses on big project
Fletcher Building's profit has slumped 80 percent because of losses and delays on two big projects, the Sky City Convention Centre and the Justice Precinct in Christchurch. Eric Frykberg reports. Audio
Building cost blowouts 'not our fault' - contractors
Sub contractors say problems with cost blowouts on small and large projects at Fletcher Building are not their fault. Neville Simpson of the Specialist Trade Contractors Federation spoke with RNZ's… Audio
Shareholders want Fletcher board to stand for re-election
The Shareholders' Association says Fletcher Building's directors should put themselves up for re-election at the next annual meeting, following last week's significant downgrade in earnings and the… Audio
Fletcher Building's problems highlight board governance issues
Fletcher Building's big losses on major construction projects and writing down the value of Australian assets is being blamed in part on poor governance around the board table. Audio
Fletcher Building shows CEO the door
The country's biggest construction company Fletcher Building has forced out its chief executive and slashed its profit forecasts after suffering big losses on a number of projects. Audio
Fletcher Building chief exits amid earnings downgrade
The country's biggest construction company has slashed its earnings forecast because of losses on big projects, and sacked its chief executive. Audio