James Hardie Industries PLC rises Friday, underperforms the Materials sector
Here is the latest company close update for James Hardie Industries PLC, JHX.
James Hardie
Delay sparks talk of James Hardie buy-up
James Hardie’s delay in restarting its share buyback program has many tipping that the $24bn Australian-listed building materials powerhouse has acquisitions on its agenda.
James Hardie tipped to raise funds for acquisition
Macquarie Group is thought to be working on two equity raisings to be announced this week, one of which could involve building products giant James Hardie and its acquisition strategy.
Brighter outlook lifts Hardie shares
Building products group James Hardie has lifted its full-year guidance following a better-than-expected second quarter.
ASX 200 down; Nuix, MinRes among worst decliners
ASIC warns of broader Cbus-like issues as super gint agrees to Senate hearing. Johns Lyng gets second strike. MinRes to mothball WA mine, 300 jobs impacted. Nuix sinks 20pc-plus despite CEO assurance. WiseTech hit with class action.
Industrials’ updates weigh on James Hardie
Market updates from some of Australia’s top industrial stocks could be weighing on the share price of building materials provider 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 up; Optus reboots; pay hit at Magellan
Telstra shares jump, Optus parent Singtel falls. First strike against Magellan. ACCC takes fresh swipe at Qantas. PwC cuts 338 jobs. James Hardie’s record earnings.
Andrews’ Victoria loses as James Hardie shelves factory
As well as a blow to as many as 200 jobs, the decision represents a worrying sign of corporates pulling back on big ticket investments.
Grim outlook for construction sector
James Hardie shares have spiked on better-than-expected earnings but it says the housing slump in the US could cause the market to fall by as much as 18 per cent.
ASX ends flat, James Hardie up
Sharemarket ends flat as soft earnings reports undermine early gains. James Hardie soars on earning beat. Myer upgrades profit forecast.
James Hardie defies housing downturn
Shares in the world’s leading building materials supplier rallied more than 8 per cent as investors looked beyond full-year earnings and dire predictions.
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