Hochtief shares post largest fall in 10 months
Hochtief shares tumbled 7.9% on Thursday, the largest fall for more than 10 months, following an announcement that a change in its outlook at its Leighton Holdings Ltd unit in Australia will have “significant adverse effects” on the company’s 2011 results. Hochtief does not expect the adverse performance to affect its outlook for 2012 or 2013.
