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	<title>Stock Blog Hub &#187; Cement</title>
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		<title>(CX) CEMEX S.A.B de C.V. Reports Losses</title>
		<link>http://www.stockbloghub.com/2010/05/13/cx-cemex-s-a-b-de-c-v-reports-losses/37094</link>
		<comments>http://www.stockbloghub.com/2010/05/13/cx-cemex-s-a-b-de-c-v-reports-losses/37094#comments</comments>
		<pubDate>Thu, 13 May 2010 23:25:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37094</guid>
		<description><![CDATA[CEMEX S.A.B de C.V.’s (CX) first quarter net loss for fiscal year 2010 was 36 cents per share from 8 cents in the first quarter of 2009. However, the Zacks Consensus Estimate was a loss per share of 19 cents. Net loss was $341 million versus a loss of $61 million in the year-ago quarter based on lower operating income, higher financial expenses, higher other expenses, net, and a tax expense. During the first quarter of 2010, net sales decreased to $3,043 million, representing a decrease of 10% compared with the first quarter of 2009. The decline in sales is the result of lower volumes in Spain, the U.S and Mexico, and lower prices mainly from U.S. and Spanish operations. Cost of sales as a percentage of net sales increased ]]></description>
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		<title>(CX) CEMEX SAB de CV Prices $650 Million Notes Offering</title>
		<link>http://www.stockbloghub.com/2010/03/31/cx-cemex-sab-de-cv-prices-650-million-notes-offering/32376</link>
		<comments>http://www.stockbloghub.com/2010/03/31/cx-cemex-sab-de-cv-prices-650-million-notes-offering/32376#comments</comments>
		<pubDate>Wed, 31 Mar 2010 19:48:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32376</guid>
		<description><![CDATA[CEMEX SAB de CV (CX) has priced its $650 million 4.875% convertible subordinated notes due in 2015. The early buyer of the notes was also allowed a 30-day over-allotment option for additional purchase up to $65 million of the principal amount of notes. The offer is expected to close by the end of March 2010. The notes will be converted into American Depositary Shares (ADS) at a conversion rate of 73.54 ADSs per $1,000 principal amount of notes, equivalent to approximately $13.60 per ADS. Interest on notes will be payable beginning Sep 15, 2010 semi-annually. The notes will mature on Mar 15, 2015. The net proceeds from the offering of the notes are expected to be used for general corporate purposes and debt repayment. This offering marks another milestone in ]]></description>
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		<title>(CX) CEMEX, S.A.B. de C.V. Suffers From Weak Infrastructure Sector</title>
		<link>http://www.stockbloghub.com/2010/03/09/cx-cemex-s-a-b-de-c-v-suffers-from-weak-infrastructure-sector/30180</link>
		<comments>http://www.stockbloghub.com/2010/03/09/cx-cemex-s-a-b-de-c-v-suffers-from-weak-infrastructure-sector/30180#comments</comments>
		<pubDate>Tue, 09 Mar 2010 22:59:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30180</guid>
		<description><![CDATA[Recently, CEMEX, S.A.B. de C.V. (CX) reported fourth quarter and fiscal year 2009 results. During the quarter, Cemex reported an EPS of 28 cents compared to a loss of 96 cents in the year ago quarter. Reported EPS was much above the Zacks Consensus Estimate of loss per share of 7 cents. During full year 2009, EPS was 52 cents, up from 7 cents in 2008 and 34 cents anticipated by the Zacks Consensus. Net sales were $3,444 million and $14,544 million in the fourth quarter and full year 2009. They were down from $4,148 million and $20,131 million respectively. The decline in sales resulted from lower volumes and prices mainly from the U.S. and Spanish operations. The infrastructure sector, which continues to be the main driver of demand in ]]></description>
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		<title>(CX) CEMEX, S.A.B. de C.V. Reduces Debt</title>
		<link>http://www.stockbloghub.com/2010/03/01/cx-cemex-s-a-b-de-c-v-reduces-debt/29395</link>
		<comments>http://www.stockbloghub.com/2010/03/01/cx-cemex-s-a-b-de-c-v-reduces-debt/29395#comments</comments>
		<pubDate>Mon, 01 Mar 2010 23:08:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29395</guid>
		<description><![CDATA[Ready Mix USA LLC, a joint venture in which CEMEX, S.A.B. de C.V. (CX) has a 49.9% stake, completed the sale of 12 active quarries and certain other assets to SPO Partners &#38; Co. for $420 million. The active quarries &#8211; which consist of 2 granite quarries in Georgia, 9 limestone quarries in Tennessee, and 1 limestone quarry in Virginia &#8211; are operated by Ready Mix USA LLC and were deemed non strategic by CEMEX and Ready Mix USA LLC. The proceeds from the sale will be partly used to reduce debt held by Ready Mix USA LLC, and to effect a cash distribution of approximately $100 million to each joint venture partner. CEMEX, which does not consolidate the results of Ready Mix USA LLC, expects to use its cash ]]></description>
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		<title>(CX) CEMEX, S.A.B. de C.V. Completes EURUS Construction</title>
		<link>http://www.stockbloghub.com/2009/11/25/cx-cemex-s-a-b-de-c-v-completes-eurus-construction/21244</link>
		<comments>http://www.stockbloghub.com/2009/11/25/cx-cemex-s-a-b-de-c-v-completes-eurus-construction/21244#comments</comments>
		<pubDate>Wed, 25 Nov 2009 18:56:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21244</guid>
		<description><![CDATA[CEMEX, S.A.B. de C.V. (CX) announced the installation of the 167 wind turbines in the EURUS wind farm, which was completed on Nov 15, 2009 in Juchitan, Oaxaca, Mexico. EURUS has a capacity of 1.5 megawatts (MW) each built with ACCIONA Windpower technology. The wind farm represents an investment of US$550 million (approximately €367 million Euros). EURUS has 250 MW of power production capacity. Cemex has been the promoter of this project developed by the joint venture between Cemex and ACCIONA. Part of the energy generated by EURUS will supply approximately 25% of Cemex&#8217;s energy needs in its Mexican cement plants. ACCIONA financed, constructed and manages the wind farm. The installation of wind turbines in the park was initiated in July 2008 and the wind turbines were connected to the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/25/cx-cemex-s-a-b-de-c-v-completes-eurus-construction/21244/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>(CX) CEMEX S.A.B. de C.V. Boosts Outlook</title>
		<link>http://www.stockbloghub.com/2009/11/02/cx-cemex-s-a-b-de-c-v-boosts-outlook/19467</link>
		<comments>http://www.stockbloghub.com/2009/11/02/cx-cemex-s-a-b-de-c-v-boosts-outlook/19467#comments</comments>
		<pubDate>Tue, 03 Nov 2009 04:58:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19467</guid>
		<description><![CDATA[Recently, Mexican cement maker CEMEX S.A.B. de C.V. (CX) posted decent results for the third quarter of 2009, considering the difficult economy. Net sales decreased to US$4.2 billion versus US$5.8 billion in the comparable period in 2008, representing a decrease of 27% ? or a decrease of 19% when adjusting for the exclusion of the Venezuelan operations ? on the sale of the assets in the Canary Islands, besides currency fluctuations. Lower sales in the quarter were primarily attributable to lower volumes, mainly from the U.S. and Spanish operations, as well as the exclusion of Venezuelan operations and the sale of assets in the Canary Islands. EBITDA decreased 38% in the quarter to US$806 million from US$1.3 billion in the same period of 2008, or 30% when adjusting for the ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(CX) CEMEX, S.A. de C.V. is Developing Technology for Protecting the Environment</title>
		<link>http://www.stockbloghub.com/2009/10/14/cx-cemex-s-a-de-c-v-is-developing-technology-for-protecting-the-environment/17576</link>
		<comments>http://www.stockbloghub.com/2009/10/14/cx-cemex-s-a-de-c-v-is-developing-technology-for-protecting-the-environment/17576#comments</comments>
		<pubDate>Wed, 14 Oct 2009 17:06:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17576</guid>
		<description><![CDATA[Earlier last week, cement maker CEMEX, S.A. de C.V. (CX), was selected by the U.S. Department of Energy (DOE) to develop technology for capturing and storing carbon dioxide emissions at one of Cemex’s U.S. cement plants. CEMEX will work with RTI International and others to design a dry sorbent Carbon dioxide capture and compression system, a pipeline (if necessary), and an injection station. This commercial-scale Carbon Capture and Sequestration (CCS) demonstration project may remove up to 1 million ton of Carbon dioxide annually. Only 12 CCS projects from industrial sources Incorporatedluding cement plants, chemical plants, paper mills, refineries, and manufacturing facilities across the United States were selected for the first phase of DOE funding. Cemex USA is the only cement company in America to receive funding for a large-scale industrial ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/14/cx-cemex-s-a-de-c-v-is-developing-technology-for-protecting-the-environment/17576/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CX) Cemex, S.A.B. de C.V. Further Reduces Debt</title>
		<link>http://www.stockbloghub.com/2009/10/06/cx-cemex-s-a-b-de-c-v-further-reduces-debt/16673</link>
		<comments>http://www.stockbloghub.com/2009/10/06/cx-cemex-s-a-b-de-c-v-further-reduces-debt/16673#comments</comments>
		<pubDate>Tue, 06 Oct 2009 19:06:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=16673</guid>
		<description><![CDATA[Recently, CEMEX, S.A.B. de C.V. (CX) completed the sale of its Australian operations to Switzerland&#8217;s Holcim Ltd (HOLN.VX). The proceeds of A$2.02 billion (approximately US$1.7 billion) will be used to reduce debt and to strengthen CEMEX’s liquidity position. This asset divestment marks another milestone in CEMEX’s efforts to regain its financial flexibility. These efforts include the refinancing of US$15 billion dollars of debt and the global offering of 1.495 billion Ordinary Participation Certificates (CPOs) Incorporatedluding the over-allotment option, with estimated net proceeds of US$1.782 billion. Cemex’s huge leverage is a vital problem. Net debt at the end of the second quarter was US$18,272 million, and is more than 5x the expected EBITDA for 2009. It is all the more urgent for CX as it is battling leading cement makers like ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/06/cx-cemex-s-a-b-de-c-v-further-reduces-debt/16673/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CX) Cemex S.A.B. de C.V. Announces Public Offering</title>
		<link>http://www.stockbloghub.com/2009/09/10/cx-cemex-s-a-b-de-c-v-announces-public-offering/14839</link>
		<comments>http://www.stockbloghub.com/2009/09/10/cx-cemex-s-a-b-de-c-v-announces-public-offering/14839#comments</comments>
		<pubDate>Thu, 10 Sep 2009 21:34:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14839</guid>
		<description><![CDATA[This week, Cemex S.A.B. de C.V. (CX) started a global public offering of 1,200 million Ordinary Participation Certificates [CPO], directly or in form of American Depositary Shares [ADS]. The world’s third-largest cement producer has also given underwriters to offer up to an additional 180 million CPOs, directly or in the form of ADSs, to cover overallotments. The offering includes 595 million CPOs that will be sold on Cemex’s behalf by three of its subsidiaries. Of the 1,200 million CPOs being offered, 900 million CPOs are expected to be offered in the United States and in other countries outside Mexico. Approximately 300 million CPOs will be offered in a concurrent public offering in Mexico. The deal is subject to market and other conditions. The company is likely to offer the CPOs ]]></description>
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