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JHX News8 articles
James Hardie Shares Slide 8.9% Despite Higher Cash Target
James Hardie (JHX) shares dropped 8.9% after its investor day, even as management raised its FY2027 free cash flow target to $600 million. Market concerns over housing demand and AZEK integration persist.
James Hardie Boosts Cash Flow Goal, Stock Still Slips 5%
James Hardie ups FY27 cash flow target to $600M, but shares slide 5% as earnings forecasts hold, with investors wary of growth assumptions.
James Hardie Shares Slide on Housing Concerns Despite Revenue Beat
James Hardie shares dropped on weak housing demand outlook, despite a Q4 revenue beat. Net income fell 35% to $28.5 million, while sales jumped 45% to $1.40 billion.
Biohaven Shares Slide 5% as Raymond James Slashes Target on Opakalim Deal
Biohaven (BHVN) shares dropped 4.9% to $16.12 after Raymond James cut its price target to $30 from $50, citing the opakalim licensing deal that brings $400M cash but reduces upside.
AeroVironment Plummets on SCAR Contract Uncertainty, Raymond James Downgrade
AeroVironment shares tumbled almost 19% Monday following a Raymond James downgrade to Underperform. The broker highlighted uncertainty surrounding the U.S. Space Force's $1.4 billion SCAR satellite-communications contract.
St James's Place Gains as UK Rate Cut Bets Intensify Ahead of Earnings
St James's Place shares advanced 0.8% in early trading, recovering part of Monday's sharp decline. The move comes as weak UK labor market data strengthens the case for Bank of England interest rate cuts.
St. James's Place Recovers After AI-Driven Selloff, Focus Turns to Earnings
St. James's Place shares rose 2.6% in London trading, partially recovering from a 13.4% plunge triggered by AI tax tools from U.S. startup Altruist. Investors now await the wealth manager's full-year results on February 25.
St. James's Place Plunges Amid Renewed AI Disruption Fears
Shares of UK wealth manager St. James's Place tumbled nearly 9% in early London trading, extending a two-day decline as AI concerns rattled financial services stocks. Investors await the firm's February 25 results for updates on client flows and cash returns.