|Bid||0.00 x 27000|
|Ask||0.00 x 28000|
|Day's Range||4.93 - 5.21|
|52 Week Range||4.79 - 8.51|
|Beta (3Y Monthly)||2.50|
|PE Ratio (TTM)||16.57|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.25|
Energy Vault, an Idealab company that creates renewable energy storage products, today announced the commercial availability of its groundbreaking solution. Based on the principles that underpin traditional gravity-based pumped hydro plants, the new technology combines conventional physics fundamentals of potential and kinetic energy with a proprietary, cloud-based software platform to operate a newly developed six-arm crane. The crane operation is fully automated and orchestrates the positioning of the massive concrete bricks that provide the basis for the efficient storage and discharge of electricity.
CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that its digital platform CEMEX Go is celebrating its first anniversary, transforming the experience of more than 20,000 customers in 18 countries, and leading the digital transformation in the global building materials industry. The 20,000 customers represent approximately 60 percent of CEMEX’s total recurring customers worldwide. Currently, those customers are placing around a third of their orders—or about 20 percent of CEMEX’s global sales—through the platform.
Mexico's Cemex on Thursday reported higher third-quarter revenue, raised its expectation for U.S. concrete sales and said it had cut its debt, sending the cement company's battered shares up almost 5 percent. Cemex's net sales grew 8 percent to $3.7 billion in the quarter when adjusted for exchange rate fluctuations and asset sales, beating analyst expectations. On a conference call, Cemex executives said they had raised their expectations for U.S. concrete sales and for Mexican aggregates for this year.
Mexican cement company Cemex reported a 39.8 percent slump in third-quarter profit on Thursday, hurt by lower demand in its South and Central America and the Caribbean. The company said net profit fell ...
CEMEX, S.A.B. de C.V. ("CEMEX") (CX), announced today that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 8% during the third quarter of 2018 to US$3.7 billion versus the comparable period in 2017. The increase in quarterly consolidated net sales was due to higher prices of our products, in local currency terms in most of our regions, as well as higher volumes in Mexico, the U.S., and our Europe and Asia, Middle East & Africa regions.
CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that it participated in the expansion of BMW Group’s Research and Innovation Center in Germany. Located in northern Munich, the new building offers an innovative working environment where approximately 5,000 BMW Group employees will develop hardware and software for the company’s future vehicles. CEMEX participated in the first phase of the expansion project, supplying over 105,000 cubic meters of concrete through an agile solution: a mobile on-site mixing plant.
Mexico's Cemex has begun restructuring its unit in Spain and plans to close two of its seven plants there, a company spokesman said on Wednesday.
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
The 8th edition of the CEMEX-Tec Center for Sustainable Development Award recognized 17 projects from entrepreneurs and innovators that aim to generate high social impact in communities around the world. The two first place (Mexico and International Prize) award winners will receive US$25,000 each for the implementation of their projects in the "Transforming Communities" category. In the "Social Entrepreneurs" category, 15 additional projects will obtain training, and the three first place award winners will receive US$10,000 each in seed capital.
The announcement of the United States-Mexico Trade Agreement brought relief to many companies. Due to the North American Free Trade Agreement (NAFTA), many companies in both the United States and Mexico had made substantial cross-border investments. The Trump Administration’s moves to push NAFTA aside stoked fear on both sides of the border.
Mexicans stocks fell to a six-week low, hit by losses in cement company Cemex, and Brazilian equities dipped on Thursday, while the pesos of Mexico and Colombia bounced back from steep losses sparked by ...
CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that it completed its largest Roller Compacted Concrete (RCC) project in the United Kingdom, which involved the first use of its powerfloating technology. CEMEX supplied over 40,000 tons of RCC using powerfloating for this project, a purpose-built storage area located in East England. Powerfloating provides our customer with a pavement solution that combines the strength and durability of concrete with the ease of asphalt construction,” said Garry Gregory, Director Asphalt and Paving Solutions, CEMEX UK.
The competition concludes with four times the number of participants’ projects compared to the 2017 competition, including the best solutions to today’s global construction challenges. The seven finalists from six different nations will negotiate with CEMEX Ventures for access to its investment portfolio. CEMEX Ventures commemorates #CXVPitchday, the closing of its 2018 Construction Startup Competition, in which seven finalists presented their projects.
To receive further updates on this Cemex (NYSE:CX) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. Cemex (NYSE:CX), a company that produces and sells cement, ready-mix concrete and other construction materials, reported earnings last week and, on the surface, the news looked pretty good based on the reaction in the stock.
These names are showing technical characteristics of either bullish or bearish reversal patterns over the past week.
Mexican cement company Cemex posted better-than-expected results on Thursday and said it would return capital to shareholders, sending the company's stock up more than 5 percent. Cemex, which lost its investment-grade credit rating almost a decade ago, said net profit was $382 million in the three months to the end of June, up from $288 million a year ago. The company said it would return cash to shareholders through an annual cash dividend, starting with $150 million in 2019.
Executives from Mexico's Cemex said during a call with analysts on Thursday that they expect the company will meet investment grade metrics by the end of 2020.
Mexican cement company Cemex posted higher second-quarter profit on Thursday compared to the year-earlier quarter, and added that it would aim to cut costs and shed assets in the next 2.5 years. The company ...
Net income increased 32% on a year-over-year basis, reaching US$382 million during the second quarter. “A Stronger CEMEX” plan announced to accelerate company’s path to investment grade and deliver increased shareholder value. CEMEX, S.A.B. de C.V. ("CEMEX") (CX), announced today that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 7% during the second quarter of 2018 to US$3.8 billion versus the comparable period in 2017.
Concrete Sensors, an Internet of Things company focused on construction, uses real-time data from wireless sensors, enabling the most accurate solution to accelerate schedules. This is CEMEX Ventures’ first investment in smart concrete technology, which enables customers to save money and reduce schedules by weeks, all while improving quality. CEMEX Ventures announced today an investment in Concrete Sensors, a U.S.-based startup that enables contractors to accelerate their schedules through accurate real-time monitoring of temperature, relative humidity, and strength with any mix design of concrete.
CEMEX, S.A.B. de C.V. announced today that it supplied more than 16,000 cubic meters of custom-made concrete for the Glassell School of Art, the teaching institute of the Museum of Fine Arts, Houston in the USA.