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Stocks to watch: CEN, FBU, MFT, NZX, OGC, TEL
business.scoop.co.nz
[Scoop.co.nz (press release)] - Contact Energy Ltd. (CEN): The energy utility's lack of flexibility in its gas supply and thermal generation fleet continue to weigh on earnings, according to Goldman Sachs & Partners analyst Matt Henry. The company was forced to sell unutilised energy
Pause in reconstruction job hits Fletcher earnings
www.nzherald.co.nz
[New Zealand Herald] - Forsyth Barr's Rob Mercer and Goldman Sachs' Matt Henry had upgraded Fletcher's longer-term earnings outlook after the quake, with Henry expecting $333 million this year, $393 million next year and then $513 million. Fletcher is in the midst of a $1
More downgrades likely post-Christchurch earthquake
www.stuff.co.nz
[Stuff.co.nz] - Goldman Sachs analyst Matt Henry had his year guidance at around $333m. But unlike Mercer, he is not revising his figures as "some of the underlying data for the calendar year may be reasonably soft to weak" as a result of the earthquake
Christchurch earthquake: Fletcher tipped to gain from repairs
www.nzherald.co.nz
[New Zealand Herald] - Matt Henry of Goldman Sachs changed his rating from hold to buy and forecast net profit after tax of $333 million this year, $393 million next year and $513 million in the year to June Rob Mercer of Forsyth Barr in Wellington has
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