James Hardie Industries PLC higher on a down day for the Materials sector
Here is the latest company close update for James Hardie Industries PLC, JHX.
James Hardie
ASX ticks up; CSL’s worst day this year; wages growth cools
Wages growth at its slowest pace in two years, but no rate cut yet. CSL’s FY25 guidance disappoints. Orora rejects Lone Star’s ‘opportunistic’ $4.3bn offer. Seek dives after swing to loss. Temple & Webster soars on trading update.
ASX dips as James Hardie, Sonic sink
In a subdued session, Tuesday’s trading gave back a portion of Monday’s rally.
ASX 200 eases; James Hardie, Star drop
ANZ probing internet banking issues. RBA avoids ‘excessive fine-tuning’. James Hardie’s cloudy outlook weighs. Sonic flags weak earnings. TechOne, ALS gain. Telstra job cuts. Star falls on Hard Rock dismissal.
Equal pay should lift productivity
It is in companies’ interests to pay staff fairly, regardless of gender.
James Hardie ‘owes ATO $100m’
A four-year probe by the tax office has concluded that global construction giant James Hardie, which relocated to Ireland, potentially owes it $100m on profits it made.
ASX edges up; Woodside, Coles, Reece gain
Woodside cuts dividend on profit drop. Coles boss says customers worried, but defends profit. Johns Lyng tanks despite upgrade. Adbri up on CRH buyout deal. Citic ‘assessing’ Alcoa’s Alumina bid.
‘Uncertain’ global housing markets cloud James Hardie outlook
Global construction materials giant James Hardie Industries says housing markets remain uncertain after it notched up a record result for the last three months of 2023.
AGL’s Loy Yang hit by outage; ASX closes weaker
ASX 200 closes down 0.2pc at 7603.6points. Loy Yang A station offline. Callide C station failure report out. Macquarie hit by profit warning, star exit. Challenger lifts. Seek, Lew-backed Breville, Seven West and James Hardie fall.
Private equity ‘running numbers’ on James Hardie
Market talk suggests a private equity firm has been buying into James Hardie and is currently sitting with a holding beneath 5 per cent.
ASX flat; travel stocks soar on border news
Sharemarket closes steady after sharp intraday fall on US futures slippage, ANZ margin warning. Investors dump Magellan after Hamish Douglass takes ‘medical leave’. GrainCorp jumps on bullish guidance.
‘Bully boss’ prepares for bonus battle
Just days after being fired amid claims of ‘intimidating’ behaviour, the former James Hardie boss looks ready for a fight.
Truong hits back at Hardie chairman after sacking
The ouster of James Hardie chief executive Jack Truong has descended into a public spat between the former building materials boss and the company’s board.
Hardie sacks ‘intimidating’ global chief
Global boss Jack Truong is gone from James Hardie after conduct breaches, but the building giant’s ‘aggressive, upfront’ culture won’t change.
Chair fails to spot vital flaw in chief executive
On paper, James Hardie CEO Jack Truong ticked all the boxes but in reality he lacked the ability to work with his team and chair Mike Hammes should have spotted that flaw.
James Hardie profit rockets as homes turned to castles
Lockdowns led homeowners viewing their home as their castle and spending up big on cladding, walls and floors to chase their reno dreams, which has helped James Hardie.
James Hardie rides US build boom
Building supplies firm James Hardie has lifted its full-year profit guidance by more than 10pc after record first-quarter earnings.
ASX ends higher at record, IT stocks up
Stocks have closed higher at a record, led by the IT sector. Challenger CEO to step down. James Hardie profit jumps and NBN revenue lifts.
James Hardie slips despite riding building boom
The cement maker is growing and has set demanding goals but investors wanted even more.
Housing demand boosts James Hardie profit, dividend outlook
Building products supplier James Hardie’s seventh straight growth quarter has delivered a special windfall for investors, amid rising profit expectations.
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