Finite-temperature properties are modeled for the itinerant-electron f
erromagnets Fe, Co, and Ni by employing a spin-fluctuation theory wher
e the modes are coupled by interatomic exchange interactions. Our meth
od is based on the density functional theory using the local density a
pproximation. The latter yields all parameters derived from constraine
d ground-state properties of noncollinear spin configurations to calcu
late nb initio the Curie temperatures, the magnetic susceptibilities,
and, furthermore, the hcp-fcc phase transition of Co. Our results are
in fair agreement with experimental data.