After a Fletcher Building update with 'few redeeming features' analysts see a risk that the company's net debt 'moves up' in the first half of the next financial year
Forsyth Barr has downgraded Vulcan Steel from outperform to neutral on the tough economic environment, although it has kept its target price at $9.60..
Torpedo 7 went backwards under The Warehouse Group’s ownership, making total losses of $50 million in the past six years, and was unlikely to improve,.
The steel products company's profit has fallen by more than 50 percent as softer economic conditions led to reduced volumes and lower top line revenue.
Wednesday was St Valentine’s Day but perhaps somewhat ominously, it was also Ash Wednesday - the start of the season of Lent. For this country’s largest.