|Bid||0.00 x 63800|
|Ask||0.00 x 8958700|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||21.19|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||18.90|
(Updates prices) By Bruno Federowski BRASILIA, July 16 (Reuters) - Latin American stocks and currencies were mostly flat on Monday, as a slide in global crude prices and softer economic data in China dampened investor appetite for risk following weeks of losses. China's economy grew at a slower pace in the second quarter as efforts to contain debt hurt activity, while June factory output growth weakened to a two-year low in a worrying sign for investment and exporters as Beijing's trade war with the United States intensified. Emerging market assets have taken a beating in recent weeks amid intensifying trade tensions between the United States and China.
CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that, for the third consecutive year, the Mexican Stock Exchange recognized CEMEX as the best-qualified company in the area of sustainability from a total of 79 listed companies. For the seventh consecutive year, the Mexican Stock Exchange selected CEMEX to participate in its Sustainability Index, which recognizes organizations’ performance in the three pillars of sustainability: Corporate Governance, Social Responsibility, and Environment. CEMEX’s recognition is based on work carried out by the Universidad Anáhuac México Sur, an organization that annually analyzes the information and practices of listed companies to determine the composition of the Sustainability Index.
Mexican cement maker Cemex on Thursday posted a 92.3 percent drop in quarterly profit, and its shares tumbled more than 3 percent in morning trading, but company executives said construction of a new Mexico City airport should boost cement volumes this year. Ahead of the July 1 presidential election, the new Mexico City airport has become a thorny political issue. Presidential frontrunner Andres Manuel Lopez Obrador has repeatedly threatened to cancel the multibillion-dollar project.
Mexican cement producer Cemex said on Thursday it would not pursue a proposal for a 3.75 billion CPO capital increase after discussions with its shareholders. Monterrey-based Cemex, which is trying to ...
Mexican cement maker Cemex could be interested in making acquisitions in major high-growth markets like Brazil or India if opportunities arise, the firm's Chief Executive Officer Fernando Gonzalez told ...
Latin American equities markets fell throughout the region on Wednesday, following Wall Street, as U.S. President Donald Trump contemplated broad tariffs against China, adding fuel to fears of a global trade war. Trump is seeking to impose tariffs on up to $60 billion of Chinese imports and will target the technology and telecommunications sectors, sources told Reuters late on Tuesday. Equities in Latin America roughly followed, with Brazil's Bovespa down 0.39 percent, Mexico's IPC falling 0.82 percent and Chile's IPSA down 0.23 percent.
Mexico's Cemex said on Wednesday that it had received information requirements from the U.S. Department of Justice (DOJ) over its operations in Colombia and other jurisdictions. The investigation comes after the company said in December that the Securities Exchange Commission (SEC) had asked it for information to determine whether it violated the Foreign Corrupt Practices Act in the construction of a new plant in Colombia.
Mexico's peso currency and stocks gained on Thursday following reports that U.S. President Donald Trump will exempt Mexico and Canada from new steel and aluminum tariffs. The peso strengthened 0.28 percent, ...
Mexican cement maker Cemex posted a surprise fourth quarter 2017 net loss of $105 million due to lower operating earnings and higher expenses and taxes, despite a jump in sales. Analysts had been expecting the Monterrey-based Cemex, which has been battling to slash debt and regain its investment grade credit rating, to post net profit of $179 million. By comparison, it posted a net profit of $214 million in the fourth quarter of 2016.
Looking for stocks with low share prices? There aren't many worth your attention, with the possible exception of CEMEX, Cleveland-Cliffs, and Calumet Specialty Products Partners.
The Mexican peso strengthened slightly on Thursday, even as U.S. Treasury Secretary Steven Mnuchin acknowledged that the United States may pull out of the North American Free Trade Agreement . The peso ...
Colombia on Tuesday fined cement companies Cementos Argos, Cemex and Holcim, along with some of its managers, more than 200 billion pesos ($66 million) for fixing prices. The companies, which represent 96 percent of Colombia's cement market, allegedly agreed to set prices between January 2010 and December 2012, during which time cement prices increased 29.9 percent while inflation was only 9.3 percent. "Argos, Cemex and Holcim did not offer an economically reasonable or truthful explanation that would justify the price parallels, nor the way prices are set within these companies," the trade and industry regulator said in a statement.
Mexican cement producer Cemex shrugged off earthquakes and hurricanes in its top markets to post a better-than-expected quarterly profit on Thursday, helped by a lower tax burden and lower financial costs. Cemex's third-quarter profit rose to $289.2 million from $285.6 million in the same period a year earlier, it said, prompting shares to rise nearly 2 percent. Cemex, which has been divesting assets to help cut debt and regain its investment grade rating, said it generated some of its third-quarter profit from its $168 million sale of shares in Mexican cement maker Grupo Cementos de Chihuahua in September.
Mexican cement producer Cemex said on Thursday that reconstruction efforts from two major earthquakes that hit Mexico last month will likely require 500,000 tonnes of cement over the next 12 to 18 months. ...
Analysts at Bank of America parted ways with their bullish stance on Cemex SAB de CV (ADR) (NYSE: CX ), a Mexico-based company that mostly works in the production, distribution, marketing and sale of cement ...