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Beaten-up ASX 200 stock surges 12% on buyout rumour

Investors have pummelled this ASX 200 stock in FY24, but the building materials company surged today with a 12.5% gain at its intraday high.

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Drums beating for Mark Cairns as Fletcher Building chair

The battle for control of struggling construction firm Fletcher Building is heating up, with several large shareholders reportedly throwing their support.

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Comvita's solid recovery continues; Being AI given 'speeding ticket' - Market close

The New Zealand sharemarket had its fourth successive fall on light trading, and in a rare move the regulator issued a caution over investing in Being AI.

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Fletcher Building CFO Bevan McKenzie follows CEO, chairman out the door

Fletcher Building chief financial officer Bevan McKenzie is following chief executive Ross Taylor and chairman Bruce Hassall out of the door. McKenzie had.

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