WASHINGTON (dpa-AFX) - After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing housing
WASHINGTON (dpa-AFX) - After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing housing
AFCON U20: Cameroon through to quarters,Mauritania bounce back
By
MICHEZOAFRIKA
17 Feb 2021
Cameroon became the first team to reach the quarterfinals at the CAF U20 AFCON in Mauritania, defeating Uganda 1-0 in Pool A action in Nouakchott on Wednesday 17 February 2021.
Sunday Jang Junior s goal was the difference between the two sides.
Hosts Mauritania revived their chances of reaching the last eight with a 2-0 win over Mozambique in the day s other Pool A fixture. Goals from Mbareck and Sangare brought smiles to the hosts who had fallen to a 0-1 opening defeat to Cameroon on Sunday.
Mozambique, who fell 0-2 to Uganda on Sunday are all but eliminated.
Fletcher forecasts 312% operating profit rise, sector faces recruitment pressures
19 Feb, 2021 04:25 AM
4 minutes to read
Fletcher Building has bounced back, forecasting it will make $610 million to $660m operating profit for the full year, up on the previous year s pandemic-hit $160m. Last year, the business reported a net earnings loss so this year s anticipated result is a huge turnaround for New Zealand s largest building materials manufacturer, supplier and builder.
But the latest forecast rise is not as spectacular if one looks back to 2019, when it made $549m operating profit.
Still, the company exceeded even its own forecast top-end range this week. It had said that in the half-year to December 31, 2020, it would make $305m to $320m but it came in $3m above that at $323m and surprised the market by declaring it would reinstate dividends and pay shareholders 12cps next month.