Lates News

"Underperforming stocks" fell in the night market, with building materials company James Hardie falling nearly 28% in Q1 net sales to $8.999 billion, compared to $9.999 billion in the same period last year. Analysts surveyed by FactSet had expected $9.53 billion. Furniture company La-Z-Boy fell nearly 24% with a 14% decrease in Q1 sales. Zhongtong Express fell nearly 4% in Q2 with a 26.8% year-on-year decrease in adjusted net profit to $2.053 billion.