Cemex Sets Price of 16.65 Pesos Per Share in 1.3 Billion Share Issuance Sep 23, 2009
Cemex, based in Monterrey, Mexico, expects to raise $1 ... The expected proceeds dont include a 30-day option granted to underwriters to sell an additional 195 million Mexican shares, Cemex said ... Cemexs American depositary shares, one of which is equivalent to 10 Mexican shares, fell 5 cents to $13 today in New York Stock Exchange composite trading, or 4 percent higher than the price set for the share sale. (Bloomberg -- Latin America)
Cemex Drops Most in Two Months on Speculation of Discount in Equity Sale Sep 22, 2009
Cemex Slides on Speculation of Discount in Share Sale (Update1) - Bloomberg ... Cemex Slides on Speculation of Discount in Share Sale (Update1) ... Monterrey, Mexico-based Cemex slid 7 percent to 17. (Bloomberg -- Latin America)
Cemex May Offer Discount as Zambrano Competes With Rossi, PDG Share Sales Sep 21, 2009
Cemexs Share Sale May Need 10% Discount: Week Ahead - Bloomberg ... Cemexs Share Sale May Need 10% Discount: Week Ahead ... Monterrey, Mexico-based Cemex, which is seeking to raise at least $1 billion to pay down debt, plans to Sept. 22, the same day , Germanys biggest cement maker, will offer 62. (Bloomberg -- Latin America)
Five community groups take top honors at Superintendents Partnership Awards (10) Sep 20, 2009
Elementary Schools Partner Of The Year Finalist: CEMEX, nominated by Haines City s Bethune Academy. CEMEX was involved with Bethune Academy students doing science-related journals, art and poetry ... CEMEX helped the school restore and reclaim outside areas and prepare two outdoor classrooms where students study the environment including a pine-flatwoods ecosystem. (Lake Wales News, FL)
Bovespa Retreats From 14-Month High as Itau Recommends `Defensive' Stocks Sep 18, 2009
Cemex SAB, the largest cement maker in the Americas, advanced 7 ... 9 percent yesterday after Federal Reserve Chairman Ben Bernanke said the recession in the U.S., Cemexs biggest market, is very likely over. (Bloomberg -- Latin America)
Cemex Rises to Highest in 11 Months on Bets U.S. Recovery to Boost Demand Sep 17, 2009
Cemex Rises to Highest in 11 Months on U.S. Outlook (Update3) - Bloomberg ... Cemex Rises to Highest in 11 Months on U.S. Outlook (Update3) ... Sept. 16 (Bloomberg) -- Cemex SAB, the largest cement maker in the Americas, rose to the highest in 11 months in New York trading on increasing evidence of a recovery in the U.S. economy, the companys biggest market. (Bloomberg -- Latin America)
LA Co. opposes waivers for NFL stadium Sep 9, 2009
The decision is whether to grant a conditional use permit to CEMEX, a foreign owned company, to allow them to mine aggregate on Jesse Morrow Mountain and to build asphalt and cement plants at its base ... Three CEMEX officials assured me that this project will not be visible. (Fresno Bee -- State)
Mexico $1 Billion Oil Bond May Hurt Calderon's Efforts to Rein In Deficit Aug 24, 2009
Cemex SAB, the largest cement maker in the Americas, advanced the most among the Bolsas 35 members, adding 19 percent to 16. 49 pesos after concluding a transaction with lenders to extend the maturity on about $15 billion of debt for five years, helping it to weather a recession. (Bloomberg -- Latin America)
5-Star Stocks Poised to Pop: Brookfield Infrastructure Aug 22, 2009
Market-trouncing returns could be written in these five stars. By Brian D. Pacampara. (MSNBC -- Business)
Bovespa Rises for Third Day on Unexpected Drop in Jobless Rate; Vale Gains Aug 21, 2009
Brazilian Stocks Gain as Jobless Rate Drops; Bolsa Advances - Bloomberg. Updated: New York, Aug 21 04:11 London, Aug 21 09:11 Tokyo, Aug 21 17:11. (Bloomberg -- Latin America)
Holcim Raises Savings Forecast by 60% After Reaching Target in First Half Aug 20, 2009
Holcim has continued to expand through acquisitions with an agreement to purchase of Cemex Australia for $1. 6 billion in June as rivals such as Cemex SAB, and are forced to make disposals to pay down acquisition-driven debts. (Bloomberg -- Europe)
Brazilian Stocks Gain on Consumer, Credit Outlook; Mexico's Bolsa Rises Aug 19, 2009
Cemex concluded a transaction with lenders on Aug. 14 to extend the maturity on about $15 billion of debt for five years. An enormous weight on the stock has been lifted, Ramon Ortiz, an analyst at Actinver, said in a telephone interview from Mexico City. (Bloomberg -- Latin America)
Cemex Agrees to Raise $1 Billion of Equity by June, Limit Capital Spending Aug 18, 2009
Cemex Agrees to Raise $1 Billion of Equity by June (Update3) - Bloomberg ... Cemex Agrees to Raise $1 Billion of Equity by June (Update3) ... The transaction allows Cemex to weather a construction recession without defaulting. (Bloomberg -- Latin America)
Cemex in deal on $15bn debt Aug 15, 2009
The deal, which extends Cemexs repayment obligations as far ahead as 2014, is likely to dispel immediate fears that the third-largest cement producer would default on some of its loans ... The announcement concludes a process that Cemex started in March after debts acquired in 2007 during its $14 ... Lazard was exclusive financial adviser to Cemex. (FT.com -- Markets)
Cemex Extends Payments on $15 Billion in Debt Owed to Banks Through 2014 Aug 15, 2009
Cemex Extends Payments on $15 Billion in Debt to 2014 (Update4) - Bloomberg ... Cemex Extends Payments on $15 Billion in Debt to 2014 (Update4) ... 5 percentage points over the London Interbank Offered Rate and will have semi-annual amortization payments with a final maturity of Feb. 14, 2014, Monterrey-based Cemex said in a statement today. (Bloomberg -- Latin America)
New railroad line added in Warrior Aug 12, 2009
It interchanges with BNSF, Norfolk Southern and CSX lines and also will serve LaFarge, U.S. Pipe, Cemex, Harrison Gypsum and Performance Minerals in Birmingham. Mechanical services also will be provided at the location. (Birmingham Business Journal, AL)
Mexico World Cup Hopes Hinge on U.S. Game as Televisa, Azteca Root for Win Aug 11, 2009
Cemex SAB, the largest cement maker in the Americas, rose 14 percent to 14. 15 pesos on speculation that a stronger peso will help it restructure $14. (Bloomberg -- Latin America)
Cemex Advances to Highest Since June on Peso Rally, U.S. Economic Outlook Aug 8, 2009
Cemex Rises to Highest Since June on Peso, Economy (Update1) - Bloomberg ... Cemex Rises to Highest Since June on Peso, Economy (Update1) ... Cemexs American depositary receipts gained 3 percent to $10. (Bloomberg -- Latin America)
> Port renovations will make ship to shore smooth sailing Aug 5, 2009
Cemex USA is the U.S. division of Monterrey, Mexico-based Cemex SAB, one of the world s largest producers of cement, ready-mix concrete, and rock and gravel products known as aggregate ... Jennifer H. Borgen, director of communications for Cemex USA in Houston, said her company is anxious for the wharf improvements to be made. (San Jose Business Journal, CA)
Cemex Says Bankers Agree to Extend Waiver in $15 Billion Debt Refinancing Aug 3, 2009
Cemex Says Bankers Agree to Waiver in Debt Proposal (Update1) - Bloomberg ... Cemex Says Bankers Agree to Waiver in Debt Proposal (Update1) ... The extension of the waiver, which expired today, still needs to be formalized, , a Cemex spokesman, said in an e-mailed response to questions. (Bloomberg -- Latin America)
Cemex Bond Yields May Tumble After it Reaches Debt Accord, Jefferies Says Aug 1, 2009
Cemex Bond Yields May Tumble on Refinancing Plan, Ollom Says - Bloomberg ... Cemex Bond Yields May Tumble on Refinancing Plan, Ollom Says ... July 31 (Bloomberg) -- Cemex SABs euro bond yields may tumble as much as 3 percentage points after the worlds third- largest cement maker reaches an agreement with creditors on refinancing $15 billion of bank debt, said , chief strategist for emerging markets at Jefferies Group Inc.. (Bloomberg -- Latin America)
Lafarge Profit Beats Estimates on Price Increases, Middle East Expansion Jul 31, 2009
The financial crisis is forcing Lafarge, Cemex SAB de CV and to make disposals following their global race to grab market share. Although some positive signals start to be seen, our priority is to continue to successfully implement our action plan, and to be flexible in responding to the challenging market trends, said Chief Executive Officer. (Bloomberg -- Europe)
Bovespa Slides Most in Three Weeks on Drop in China Equities, Commodities Jul 30, 2009
Cemex SAB led the drop, losing 7. 1 percent to 11. (Bloomberg -- Latin America)
Business forum Jul 29, 2009
Nogales International Print Edition. By Manuel C. Coppola Published Tuesday, July 28, 2009 10:12 AM MDT. (Nogales International, AZ)
No Sir Rod, but ANZ secures a steady hand Jul 25, 2009
The 66-year-old Mr Morschel has held several blue-chip director roles, including with Rio Tinto and Leighton Holdings, but carved out a reputation as a tough negotiator during his time as chairman of materials group Rinker, which was ultimately sold to Cemex for $18 billion. He was a director of Westpac for eight years until 2001. (Sydney Morning Herald -- Business)
Fresno man dies in Highway 168 crash Jul 20, 2009
If the application of CEMEX, a Mexican company, is approved, the mine will bring the number of aggregate mines proposed or operating to four within a few miles of each other. This level of aggregate production will make eastern Fresno County an industrial site with increased air pollution, noise and light pollution, traffic problems, cracked. (Fresno Bee -- Local)
Polish Firm Protests Loss of Iraq Bid Jul 17, 2009
Another company, Cemex Global, backed by Jordan-based Shaheen Business & Investment Group, also has filed a protest, charging that the authority "improperly" evaluated its bid to supply items including rucksacks, rifles, helmets and heavy jeeps for 26 battalions. "This protest is 100% justified," Bumar Group Chairman Roman Baczynski said during a news conference here in the Polish capital, noting that it was the first the company had filed in its 30-year history. (Yahoo News -- Poland)
Latin America's Corporate Default Rate to Jump to 9% This Year, Fitch Says Jul 17, 2009
and Cemex SAB are among Mexican companies that reported more than $4 billion in losses and liabilities tied to the pesos 20 percent tumble against the dollar in the fourth quarter, according to Bloomberg data. Cemex and Gruma have lost their investment-grade ratings ... Fitch rates Cemex B, five levels below investment grade, and Gruma one level higher at B. (Bloomberg)
WSU receives $2.7M for 'Calamityville' Jul 11, 2009
A groundbreaking rdate on the facility has not yet been announced, as the school and Fairborn work to get the land cleaned up from contaminates left behind by the Cemex plant that was once there. Calamityville will. (Dayton Business Journal, OH)
Brazil's Bovespa Snaps 5-Day Losing Streak as Petrobras Jumps; Bolsa Gains Jul 11, 2009
Brazils Bovespa Rises as Petrobras Jumps, Paring Weekly Drop - Bloomberg. Updated: New York, Jul 11 04:15 London, Jul 11 09:15 Tokyo, Jul 11 17:15. (Bloomberg -- Latin America)
Cemex Falls to Two-Month Low in Mexico City on New Share-Sale Speculation Jul 9, 2009
Cemex Falls to Two-Month Low on Share-Sale Concern (Update1) - Bloomberg ... Cemex Falls to Two-Month Low on Share-Sale Concern (Update1) ... Monterrey, Mexico-based Cemex is under pressure to raise new capital as part of its effort to refinance $14. (Bloomberg -- Latin America)
Braskem, Santos Brasil Participacoes, Ecopetrol: Latin Equity Preview Jul 6, 2009
Braskem, Santos Brasil, Cemex, Ecopetrol: Latin Equity Preview - Bloomberg ... Braskem, Santos Brasil, Cemex, Ecopetrol: Latin Equity Preview. (Bloomberg -- Latin America)
Cemex May Sue After Strabag Pulls Out of $434 Million Purchase in Europe Jul 4, 2009
Cemex May Sue After Strabag Pulls Out of Asset Deal (Update2) - Bloomberg ... Cemex May Sue After Strabag Pulls Out of Asset Deal (Update2) ... July 3 (Bloomberg) -- Cemex SAB, the worlds third-largest cement maker, said it may take legal action after withdrew from buying the Mexican companys Austrian and Hungarian assets because it failed to gain antitrust approval. (Bloomberg)
US stocks sent reeling by high unemployment rate (Update) Jul 3, 2009
Shares in cement maker Cemex SAB fell 5 percent, while electronics retailer Grupo Elektra SA lost 3. 6 percent and billionaire Carlos Slim's telecommunications group Carso Global Telecom SAB shed 3. (The Star Online, Malaysia -- Business)
Cemex Climbs After Pitching $14.5 Billion Debt Restructuring Plan to Banks Jul 2, 2009
Cemex Rises After Presenting $14 ... Cemex Rises After Presenting $14 ... Monterrey, Mexico-based Cemex met with lenders in Madrid today and New York earlier this week in an effort to shore up its finances after a plunge in cement demand left the company struggling to service debt taken on to fund acquisitions. (Bloomberg)
Cemex, Eletropaulo, Gol, Industrias Penoles, Renar: Latin Equity Preview Jul 1, 2009
Cemex, Eletropaulo, Gol, Penoles, Renar: Latin Equity Preview - Bloomberg ... Cemex, Eletropaulo, Gol, Penoles, Renar: Latin Equity Preview ... (CEMEXCPO MM): North Americas largest cement Maker takes its proposal for restructuring $14. (Bloomberg -- Latin America)
Brazil's Bovespa Declines, Led by Vale, Petrobras; Mexico's Bolsa Gains Jun 25, 2009
Cemex, which gets 20 percent of its sales from the U.S., increased 1. 3 percent to 12. (Bloomberg -- Latin America)
5 Top-Rated Value Stocks Jun 23, 2009
Get the most out of your investing dollars by buying the best and the cheapest at the same time. By Matt Koppenheffer. (MSNBC -- Business)
Mexican Budget Gap Swells Debt Load, Sparks `Looming Threat' of Rating Cut Jun 22, 2009
Cemex SAB led declines, dropping 17 percent. Bank of America Corp. last week cut its rating on the stock of the largest cement maker in the Americas to underperform from neutral. (Bloomberg -- Latin America)
7 Highly Rated Stocks on Sale Jun 18, 2009
A Hot 5-Star Stock Idea: Cemex. 3 Stocks That Just Make Sense. (MSNBC -- Business)
EPA proposed cement kiln rules opposed by industry Jun 17, 2009
About 80 percent of U.S. cement plants are owned by foreign firms such as Switzerland's Holcim, Lafarge of France, Germany's Heidelberg Cement, Italcementi, Cemex of Mexico and Japan's Taiheiyo Cement. U.S. demand for cement will rise 30 percent by 2020, said O'Hare. (Scientific American)
Martin Marietta's Zelnak: Good time to buy Jun 17, 2009
That s the message from Chairman and Chief Executive Officer Stephen P. Zelnak Jr. the day after the firm said that it was spending $65 million to buy three rock quarries and the remaining 49 percent interest in an existing joint venture from Cemex Inc. ... The Cemex deal, which dealt with operations in Nebraska, Wyoming and Utah, added 100 employees to Martin Marietta s roster. (Raleigh Triangle Business Journal, NC)
Clean-energy windmills a 'dirty business' for farmers in Mexico Jun 17, 2009
And some residents are angry that the electricity being generated is not going to homes here in Oaxaca, one of the poorest states in Mexico, but to power Walmart stores, Cemex cement plants and a few other industrial customers in Mexico. "It has divided neighbors against each other," said Alejo Giron, a communal farmer in La Venta. (USA Today -- Tech)
Bovespa Slides to Lowest Level This Month on Commodity Drop; Bolsa Slumps Jun 16, 2009
Cemex, the largest cement maker in the Americas, sold some of its international assets at a price that analysts said shows the stock is overvalued ... The market already has priced in a very positive scenario for Cemex. (Bloomberg -- Latin America)
Holcim Buys Cemex's Australia Business for $1.62B Jun 16, 2009
Holcim Buys Cemex's Australia Business for $1 ... Holcim Buys Cemex's Australia Business for $1 ... Swiss cement maker Holcim buys Mexican rival Cemex's Australia business for $1. (ABC News -- Wire)
Martin Marietta to buy quarries for $65M Jun 16, 2009
Martin Marietta Materials to buy quarries from Cemex for $65M - Triangle Business Journal ... Martin Marietta Materials to buy quarries from Cemex for $65M ... Cemex Inc. (NYSE: CX) is a building materials company based in Garza Garcia, Mexico. (Raleigh Triangle Business Journal, NC)
Cemex Tumbles as Australian Asset Sale Suggests Three-Month Rally Overdone Jun 16, 2009
Cemex Tumbles as Asset Sales Suggests Rally Overdone (Update4) - Bloomberg ... Cemex Tumbles as Asset Sales Suggests Rally Overdone (Update4) ... Cemexs American depositary shares tumbled 9. (Bloomberg -- Latin America)
A Mexican Technology Park in Monterrey Jun 5, 2009
A new research building for PepsiCo () stands next door to future R&D centers for Motorola (), Mexican cement giant Cemex (), and a Mexican auto-parts maker. But for Mexico, this hodgepodge is the nation's hope to turn industrial Monterrey into an "international city of knowledge.". (BusinessWeek)
WA to prosecute over destruction of 10,000-year-old rock art May 19, 2009
The West Australian Government will prosecute cement company Cemex for allegedly destroying protected Aboriginal rock art up to 10,000 years old ... Last month, The Age revealed that Cemex had breached a national heritage zone by bulldozing and blasting rocks known to contain important rock art in a protected area of the Burrup region in northern WA. The action also affected an ancient Aboriginal quarry that contains archaeologically significant examples of indigenous tools ... Cemex admits the... (Sydney Morning Herald -- Australia)
Petrobras, Almacenes Exito, Cemex, Isagen: Latin America's Equity Preview May 19, 2009
Petrobras, Alfa, Alsea, Cemex, Isagen: Latin Equity Preview - Bloomberg ... Petrobras, Alfa, Alsea, Cemex, Isagen: Latin Equity Preview ... (CEMEXCPO MM): The largest cement maker in the Americas would face a very low fine if an investigation concludes it colluded with competitors on prices, said , president of the Federal Competition Commission. (Bloomberg -- Latin America)
Cemex Would Face `Very Low' Fine in Price Investigation, Regulator Says May 19, 2009
Cemex Would Face Very Low Fine in Price Probe, Regulator Says - Bloomberg ... Cemex Would Face Very Low Fine in Price Probe, Regulator Says ... Its a very low amount, said , whose agency notified Cemex and three Mexican competitors of the investigation in March. (Bloomberg -- Latin America)
Mexico's Credit Rating Outlook Lowered to Negative by Standard & Poor's May 12, 2009
Cemex SAB, the worlds third-largest cement maker, is in talks to renegotiate $14. 5 billion of bank loans after glassmaker Vitro SAB defaulted on more than $1. (Bloomberg -- Latin America)
JH Wilson celebrates Earth Day with science activities May 10, 2009
Teachers had help from volunteers with the Ridge Audubon Society, Florida Fish and Wildlife, Lake Kissimmee State Park, CEMEX and Lake Wales High School. Some volunteers led students on a 45-minute nature hike through the 185-acre Grassy Lake Preserve, which is adjacent to the school campus. (Lake Wales News, FL)
Telecom Argentina, Multiexport, Petrobras: Latin American Equity Preview May 8, 2009
Cemex, Telecom Argentina, Petrobras: Latin Equity Preview - Bloomberg ... Cemex, Telecom Argentina, Petrobras: Latin Equity Preview ... (CEMEXCPO MM): The largest cement maker in the Americas was cut to sell from hold at Citigroup Inc., which cited the weaker operating outlook for the company and the rally in the shares. (Bloomberg -- Latin America)
Venezuela Pays Ternium $1.97 Billion for Mill, Ending Nationalization Feud May 8, 2009
ConocoPhillips, Cemex SAB and have all taken their investment disputes to international arbitration after having their assets seized by Venezuela. Venezuela still owes about $10 billion for unpaid nationalizations, according to , a director at Caracas-based economic consulting firm, Ecoanalitica. (Bloomberg -- Latin America)
Cemex Hard Times May Get Tougher If Soccer Team Disappoints Hometown Fans May 8, 2009
Cemex Hard Times May Get Tougher If Soccer Team Falls to Minors - Bloomberg ... Cemex Hard Times May Get Tougher If Soccer Team Falls to Minors ... Cemex, the largest cement maker in the Americas, had sales of $21. (Bloomberg -- Latin America)
David, MiriamRockness are citizens of year May 6, 2009
Table sponsors included CEMEX, CenterState Bank, Citizen's Ban and Trust, Green and Gold Foundation, Hunt Brothers, Inc., Lake Wales Care Center, Lake Wales Family YMCA, Lake Wales Medical Center, Lilly, O'Toole and Brown, LLP, Peterson and Myers, PA, Polk Community College and Progress Energy. Chamber President Ellis Hunt Jr. served as the master of ceremonies for the evening. (Lake Wales News, FL)
Cemex Gains to 3-Month High on Rising Prospects for Debt Refinancing Deal May 6, 2009
Cemex Rises to 3-Month High on Debt Deal Speculation (Update2) - Bloomberg ... Cemex Rises to 3-Month High on Debt Deal Speculation (Update2) ... Monterrey, Mexico-based Cemex is in talks with creditors to refinance $14. (Bloomberg -- Latin America)
Brazil Stocks Rise to Seven-Month High, Led by Pulp Producer; Bolsa Jumps May 6, 2009
Brazil Stocks Gain on Bets of Commodity Rebound; Bolsa Climbs - Bloomberg. Updated: New York, May 06 03:45 London, May 06 08:45 Tokyo, May 06 16:45. (Bloomberg -- Latin America)
Hillcrest artist designs environmental t-shirt May 6, 2009
Published: Tuesday, May 5, 2009 9:08 PM EDT Mariah Daly, a fifth grade student at Hillcrest Elementary, won first place in the CEMEX Florida Flora and Fauna art contest, and her work is featured on t-shirts for local science students ... The t-shirts were unveiled last weekend (April 25) at the Wild About Birds Festival sponsored by CEMEX and local schools as part of international Earth Day and Earth Week activities ... Science teachers and students have been visiting the CEMEX property east of... (Lake Wales News, FL)
Cemex Shares Advance Most in Month on Signs U.S. Housing Slump Is Easing May 5, 2009
Cemex Rises Most in Five Months on U.S. Optimism (Update1) - Bloomberg ... Cemex Rises Most in Five Months on U.S. Optimism (Update1) ... Cemex gained 19 percent to 12. (Bloomberg -- Latin America)
5-Star Stocks Poised to Pop: IPG Photonics Apr 28, 2009
Market-trouncing returns could be written in these five stars. By Brian D. Pacampara. (MSNBC -- Business)
Schools plan Wild About Birds festival Apr 12, 2009
CEMEX will host the festival on the company s environmental classroom property, 534 Story Road, Lake Wales ... The CEMEX environmental classroom will be open for tours, and CEMEX also will provide tours of its sand mining operation ... Science teachers and students have been visiting the CEMEX property all year as part of an ongoing partnership between local schools and CEMEX. Students have studied native bird populations during field trips to the property. (Lake Wales News, FL)
COMMUNITY and AREA EVENTS Apr 2, 2009
Wild About Birds Festival, a great earth day activity for everyone, includes family activities at Cemex on Story Road in Lake Wales from 11 a.m. to 2 p.m., Saturday, April 25. Schools will showcase some of the things they have been doing. (Lake Wales News, FL)
Component Changes Made to the Global Dow Mar 28, 2009
The following nine companies will be removed from The Global Dow: AXA S.A. (France, Insurance, CS.FR), Cemex S.A.B. de C.V. Series CPO (Mexico, Construction & Materials, CEMEX.MX), Citigroup Inc. (United States, Banks, C), Deutsche Post AG (Germany, Industrial Goods & Services, DPW.XE), Gamesa Corporacion Tecnologica S.A. (Spain, Oil & Gas, GAM.MC), General Motors Corp. (United States, Automobiles & Parts, GM), ING Groep N.V. (Netherlands, Insurance, INGA.AE), National Bank of Greece S.A.... (Primezone Releases)
