...the constructor sector index dropped 2.33 percent or 354.66 points to 14,856.13 points by 9:35 a.m. CST Monday. Shares of Cemex, the third largest constructor company in the world, were down 8.24 percent to $8.80 pesos ($0.6474 usd) a share in the Mexico...
...going to become the developed giants we expect them to be? Well ... partly via cement. It's not glamorous, but it's necessary. Cemex also has some advantages that can help it win lots of this future business. For one thing, it has locations all over the...
...industry, which like the energy sector falls outside the scope of this report, players include local subsidiaries of Holcim, CEMEX and Lafarge. In general, though, major multi-nationals are thin on the ground. Steel maker Sivensa is the only significant...
...of the Rinker IDR was omitted. This amended press release is being published to include that rating action.) Fitch Ratings has downgraded the following ratings of Cemex, S.A.B. de C.V. (Cemex) and related entities: --Cemex foreign currency...
...and is providing all requested information and producing the requested testimonies," it added, without elaborating. Cemex, which reported a 74 percent drop in profits in the third quarter of 2008, last month announced plans to save 500 million dollars by...
Background
Cemex SAB de CV (NYSE: CX, BMV: Cemex) is the world's largest building materials supplier and third largest cement producer. Founded in Mexico in 1906, the company is based in Monterrey, Mexico and has operations extending around the world, including production facilities in 50 countries in North America, the Caribbean, South America, Europe, Asia, and Africa.
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Timeline
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3 days ago from Motley Fool