Companies briefs

A 10.5 per cent rise in earnings during 2010 did not produce a lift in the remuneration of STW Communications Group chief executive Mike Connaghan . It fell 4.7 per cent to $787,500.
Neil Shoebridge

Fletcher Building has secured a 92.7 per cent interest in Crane Group , which means it can proceed with its compulsory acquisition. Crossing the 90 per cent acceptance threshold means the offer closes at 7pm today. Fletcher chief executive Jonathan Ling said the company would take advantage of the complementary nature of the businesses. Michael Hobbs