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Cemex


Tin tức

Cemex loses ground after weak third quarter causes price target cuts

BUZZ-Cemex loses ground after weak third quarter causes price target cuts ** Shares in Cemex slide even more as Barclays, Scotiabank and J.P. Morgan all cut their price target for the stock ** The cementmaker slips nearly 3% in morning trading in Mexico after posting its worst day since February on a weak third quarter ** Barclays cuts its price target for U.S.-listed shares to $8 from $9, Scotiabank to $8.90 from $10 and J.P.
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U.S. Coinbase Global, Meta, Union Pacific

U.S. RESEARCH ROUNDUP- Coinbase Global, Meta, Union Pacific Oct 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Coinbase Global, Meta and Union Pacific, on Tuesday. HIGHLIGHTS * Bank of Hawaii Corp BOH.N : KBW raises target price to $74 from $67 * Cincinnati Financial Corp CINF.O : KBW raises target price to $156 from $152 * Coinbase Global Inc COIN.O : JP Morgan raises target price to $196 from $181 * Meta META.O
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Most Latam FX slip at start of data-heavy week, oil prices weigh

EMERGING MARKETS-Most Latam FX slip at start of data-heavy week, oil prices weigh Azul reaches deal with bondholders for additional financing Mexico's Cemex lowers core earnings guidance for Q3 Country risk index for Argentina falls to over 5-year low Updated at 4:15 p.m. ET By Johann M Cherian Oct 28 (Reuters) - Currencies of most Latin American economies slipped on Monday as investors awaited a string of country-specific data reports throughout the week, while Colombia's peso fell to levels no
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Cemex SAB de CV reports results for the quarter ended in September 30 - Earnings Summary

Cemex SAB de CV reports results for the quarter ended in September 30 - Earnings Summary Cemex SAB de CV CX.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of five analysts for the quarter was for earnings of 16 cents per share.
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Mexican cement maker Cemex lowers guidance after weather dents quarterly profit

CORRECTED-UPDATE 1-Mexican cement maker Cemex lowers guidance after weather dents quarterly profit Corrects revised EBITDA forecast in paragraph 4 to decrease, not increase By Natalia Siniawski Oct 28 (Reuters) - Mexico's Cemex CEMEXCPO.MX , one of the world's largest cement producers, reported a 9% year-on-year drop in third quarter core earnings, blaming the impact of adverse weather across its markets and negative foreign exchange effects.
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Most Latam FX steady ahead of data-heavy week

EMERGING MARKETS-Most Latam FX steady ahead of data-heavy week Updated at 1422 GMT Azul reaches deal with bondholders for additional financing Mexico's Cemex lowers core earnings guidance for Q3 Colombia's govt. expands debt issuance cap by over $2 bln By Johann M Cherian Oct 28 (Reuters) - Currencies of most Latin American economies were steady on Monday as investors awaited a string of country-specific data reports through the week, while Colombia's peso hit levels not seen in more than a year
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Flujo de operación mexicana Cemex cae en 3er trim, reduce guía para resto del año

Flujo de operación mexicana Cemex cae en 3er trim, reduce guía para resto del año CIUDAD DE MÉXICO, Oct 28 (Reuters) - La cementera mexicana Cemex, una de las mayores del mundo, dijo el lunes que su flujo de operación (EBITDA) disminuyó un 9% interanual en el tercer trimestre, golpeado principalmente por afectaciones climáticas. Cemex CEMEXCPO.MX , con operaciones en América, Europa, África, Asia y Medio Oriente, reportó un EBITDA de 747 millones de dólares, con un declive en sus vent
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Mexican cement maker Cemex lowers guidance as Q3 core profit dips on bad weather

Mexican cement maker Cemex lowers guidance as Q3 core profit dips on bad weather By Natalia Siniawski Oct 28 (Reuters) - Mexico's Cemex CEMEXCPO.MX , one of the world's largest cement producers, reported a 9% year-on-year drop in third-quarter core earnings as it was impacted by adverse weather across its markets and foreign exchange headwinds. Cemex reported quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) of $747 million, while net sales fell 3% from the same p
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Cemex SAB de CV <CX.N> expected to post earnings of 18 cents a share - Earnings Preview

Cemex SAB de CV expected to post earnings of 18 cents a share - Earnings Preview Cemex SAB de CV CX.N , CX is expected to show a fall in quarterly revenue when it reports results on October 28 for the period ending September 30 2024 The San Pedro Garza Garcia Nuevo Leon-based company is expected to report a 5.8% decrease in revenue to $4.305 billion from $4.57 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
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Mexico corporate earnings week ahead

DIARY-Mexico corporate earnings week ahead Oct 25 (Reuters) - Diary of Mexico (.MXX) corporate earnings for the week ahead MEXICO EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 28-Oct-2024 AMC GCARSOA1.MX Grupo Carso SAB de CV Q3 2024 Grupo Carso SAB de CV Earnings Release 28-Oct-2024 AMC ALFAA.MX Alfa SAB de CV Q3 2024 Alfa SAB de CV Earnings Release 28-Oct-2024 BMO CEMEXCPO.MX Cemex SAB de CV Q3 2024 Cemex SAB de CV Earnings Release 28-Oct-2024 BMO FEMSAUBD.MX Fomento Economic
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EU awards $170 mln for Cemex-Linde carbon capture plant, Cemex says

EU awards $170 mln for Cemex-Linde carbon capture plant, Cemex says Oct 22 (Reuters) - The European Union will provide some 157 million euros ($170 million) for a carbon capture project in Germany operated by industrial gas firm Linde LIN.DE and Mexican cement maker Cemex CEMEXCPO.MX , the latter said on Tuesday. "This funding will go towards a pioneering CO2 capture project at Cemex's cement plant in Rudersdorf, Germany," the company said in a statement.
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Microsoft to spend $1.3 bln in Mexico on cloud, AI tech

UPDATE 2-Microsoft to spend $1.3 bln in Mexico on cloud, AI tech Adds quote from Microsoft executive, incoming economy minister MEXICO CITY, Sept 24 (Reuters) - Tech giant Microsoft MSFT.O will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday.
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Swiss stocks - Factors to watch on September 11

Swiss stocks - Factors to watch on September 11 ZURICH/GDANSK, Sept 11(Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: HOLCIM HOLN.S Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million. NESTLE NESN.S According to media reports by Bloomberg News, Nestle is set to pay a 2 million euros fine to end its French mineral water case.
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Cemex Sab De Cv Sold Its Operations In Guatemala To Holcim Group, For About Us$200 Million

BRIEF-Cemex Sab De Cv Sold Its Operations In Guatemala To Holcim Group, For About Us$200 Million Cemex SAB de CV CEMEXCPO.MX : CEMEX SAB DE CV: SOLD ITS OPERATIONS IN GUATEMALA TO HOLCIM GROUP, FOR ABOUT US$200 MILLION Source text for Eikon: [ID:n0001193125-24-216619] Further company coverage: CEMEXCPO.MX
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Cemex sells Guatemala assets to Holcim for $200 million

UPDATE 1-Cemex sells Guatemala assets to Holcim for $200 million Updates with additional detail MEXICO CITY, Sept 10 (Reuters) - Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million, its latest divesture from an emerging market. The sale, signed and closed on Tuesday, includes one grinding mill, three ready-mix plants and five distribution centers, Cemex said in a statement.
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Cemex sells Guatemala assets to Holcim for $200 million

Cemex sells Guatemala assets to Holcim for $200 million MEXICO CITY, Sept 10 (Reuters) - Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million, its latest divesture from an emerging market. The sale, signed and closed on Tuesday, includes one grinding mill, three ready-mix plants and five distribution centers, Cemex said in a statement.
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Rate cuts to benefit building materials sector, HSBC say

BUZZ-Rate cuts to benefit building materials sector, HSBC say ** HSBC says a possible turn in the interest rate cycle should lead to a recovery in residential demand in 2025, boosting building materials producers ** The analysts expect rate cuts of 150 basis points in the U.S. and Europe from September 2024 to end-2025 ** HSBC forecasts light building materials producers' EBIT/EBITDA to grow 8% in 2025, with heavy materials makers lagging behind without energy cost deflation benefits ** It prefe
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U.S. Agree Realty, Global Payments, Snowflake

U.S. RESEARCH ROUNDUP- Agree Realty, Global Payments, Snowflake Aug 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Agree Realty, Global Payments and Snowflake on Wednesday. HIGHLIGHTS * Agree Realty Corp ADC.N : Raymond James raises target price to $81 from $70 * Coinbase Global Inc COIN.O : Jefferies cuts target price to $220 from $245 * Global Payments Inc GPN.N : Jefferies raises target price to $130 from $120
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Cemex to divest Dominican operations for $950 million

UPDATE 1-Cemex to divest Dominican operations for $950 million Adds details in paragraphs 3-4 Aug 5 (Reuters) - Mexican cement maker Cemex CEMEXCPO.MX on Monday announced the sale of its operations in the Dominican Republic to Cementos Progreso and strategic partners for about $950 million. The company added in a statement the transaction also includes export businesses to Haiti.
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Cemex divests Dominican Republic operations for about $950 million

Cemex divests Dominican Republic operations for about $950 million Aug 5 (Reuters) - Cemex CEMEXCPO.MX on Monday announced the sale of its operations in the Dominican Republic to Cementos Progreso and strategic partners for about $950 million. The company added in a statement the transaction also includes export businesses to Haiti. Reporting by Na
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