annb0t
Top 20
*
Cuts annual profit view for third time
*
Shares decline as much as 8.7%
*
Q3 profit, sales down on weak volumes
(Recasts with outlook, adds analyst comments and share moves)
By Jaskiran Singh
Feb 14 (Reuters) - James Hardie Industries cut its annual profit forecast for a third time on Tuesday, sending its shares down nearly 9%, as aggressive monetary policy tightening across the globe slows the housing market and dents demand for building materials.
Central banks around the world have...
>>> Read more: UPDATE 2-James Hardie cuts profit forecast for third time on demand woes, shares slump
Cuts annual profit view for third time
*
Shares decline as much as 8.7%
*
Q3 profit, sales down on weak volumes
(Recasts with outlook, adds analyst comments and share moves)
By Jaskiran Singh
Feb 14 (Reuters) - James Hardie Industries cut its annual profit forecast for a third time on Tuesday, sending its shares down nearly 9%, as aggressive monetary policy tightening across the globe slows the housing market and dents demand for building materials.
Central banks around the world have...
>>> Read more: UPDATE 2-James Hardie cuts profit forecast for third time on demand woes, shares slump
