BUZZ-ASX-listed <a href="https://laohu8.com/S/JHIUF">James Hardie</a> shares surge on hiking annual forecast** ASX-listed shares of James Hardie Industries JHX.AX rise 6.2% to A$27.02, heading for their best day since October 8, if gains hold
** Fibre cement maker rose as much as 8.7% earlier in the day to hit highest since November 5
** Co hikes FY adjusted EBITDA and net sales forecast for its siding and trim segment
** Posts second-quarter adjusted net income of $154 million, beating Visible Alpha estimates
** Co names Ryan Lada as CFO, succeeding Rachel Wilson; appoints Nigel Stein as chair
** Stock down ~45% this year, including the day's move
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.