|Bid||0.00 x 800|
|Ask||0.00 x 27000|
|Day's Range||5.65 - 5.97|
|52 Week Range||5.65 - 8.51|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||15.69|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.61|
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.
SAB plans a new round of asset sales and debt reduction in a bid to speed up its growth and return to investment-grade ratings. Monterrey-based Cemex, one of the world’s largest cement and building-materials companies, said Thursday it will reposition its portfolio to focus on markets with the greatest long-term growth potential. In the next two-and-a-half years, Cemex aims to sell between $1.5 billion and $2 billion in assets and reduce its total debt by $3.5 billion, while finding cost savings of $150 million.
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.
On Wednesday, June 27, 2018, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. On Wednesday, shares in San Pedro Garza Garcia, Mexico-based CEMEX S.A.B. de C.V. recorded a trading volume of 9.00 million shares, which was above their three months average volume of 7.98 million shares.
CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that its digital platform CEMEX Go, reached close to a quarter of the company’s customer base worldwide, transforming the experience of more than 10,000 customers in three continents, and leading the digital transformation in the global building materials industry. Based on customer’s feedback, CEMEX keeps improving CEMEX Go by adding new capabilities that offer a more personalized experience through better usability and analytics. “As a customer, it is very important to keep the kind of interaction that CEMEX Go offers in terms of efficiency and speed on the spot.
CEMEX, S.A.B. of C.V. ("CEMEX") (CX) today announced the launch of www.construrama.com. This new digital tool for the online sale of construction materials is part of the company’s CEMEX Go digital platform, which is already transforming the global building materials industry. The Construrama Online Store is available on all digital devices and enables quicker, simpler order placement 24 hours a day, along with exclusive promotions and better building materials’ supply management.
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.