Cement
(CX) CEMEX S.A.B de C.V. Reports Losses
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....
(CX) CEMEX SAB de CV Prices $650 Million Notes Offering
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...
(CX) CEMEX, S.A.B. de C.V. Suffers From Weak Infrastructure Sector
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...
(CX) CEMEX, S.A.B. de C.V. Reduces Debt
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 & Co. for $420 million. The active...
(CX) CEMEX, S.A.B. de C.V. Completes EURUS Construction
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...
(CX) CEMEX S.A.B. de C.V. Boosts Outlook
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...
(CX) CEMEX, S.A. de C.V. is Developing Technology for Protecting the Environment
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...
(CX) Cemex, S.A.B. de C.V. Further Reduces Debt
Recently, CEMEX, S.A.B. de C.V. (CX) completed the sale of its Australian operations to Switzerland’s Holcim Ltd (HOLN.VX)....
(CX) Cemex S.A.B. de C.V. Announces Public Offering
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...