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Fletcher Building stares at ratings cut after heavy first-half loss
The ailing building materials group fell to a large first-half loss, leading Moody’s to review its investment grade rating. Its chief executive is also leaving.
Sudhir kissun
Allan gray
Greece group
Australian financial reviewreported
Western australia
Iplex pro fit
FBU ASX: Fletcher Building is selling off its Tradelink business in Australia; CEO Ross Taylor and chairman Bruce Hassall exit
Fletcher’s biggest shareholder, Allan Gray, is backing a shake-up which includes the sale of the Tradelink plumbing supplies business in Australia.
Western australia
Iplex pro fit
Fletcher Building bond deal likely delayed amid faulty pipes issue
The timing of the company’s 5-year fixed bond deal is up in the air as it deals with the fallout from plumbing failures and a faulty pipe product.
Marcus curley
Iplex pro fit
Under review
Stock Takes: How much will Fletcher Building shares fall?
The company's pipe business has turned into a nightmare.
Castle point
New zealand general
New zealand
South australia
Oliver reichert
Forsyth barr rohan koreman smit
Bryan wilmot
Stephen bennie
Luan nguyen
Paul koraua
New york stock exchange
Skycity entertainment group
Dr martens
York stock exchange
Consumer commission
Fletcher building
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