Hochtief AG forced out the top two executives at Leighton Holdings Ltd. and put its Chief Executive Officer Marcelino Fernandez Verdes in charge, as it raised an offer to increase its stake in the Australian builder.
Hochtief AG , Germany’s largest publicly traded builder, said pretax profit may fall 50 percent this year after its Australian unit predicted a loss and said it would sell stock. Hochtief shares fell the most in two years.
The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed yesterday. All prices are from yesterday’s close unless otherwise stated.