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Cemex SAB de CV (CX.N)

CX.N on New York Stock Exchange

9.22USD
28 Apr 2017
Change (% chg)

$-0.01 (-0.11%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Cemex SAB DE CV says net income reached $336 million in Q1
Thursday, 27 Apr 2017 06:15am EDT 

April 27 (Reuters) - Cemex Sab De Cv :Cemex reports close to a tenfold increase in net income during the first quarter of 2017.Cemex sab de cv says net income reached us$336 million in q1 of 2017.Cemex sab de cv - on a like-to-like basis for ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 6% in q1 to us$3.1 billion.Cemex sab de cv - operating ebitda on a like-to-like basis increased by 2% during quarter to us$559 million versus same period in 2016..Cemex sab de cv - net sales in operations in mexico increased 28% on a like-to-like basis in q1 of 2017 to us$725 million.Cemex sab de cv - cemex's operations in united states reported net sales of us$834 million in q1 of 2017, up 2% on a like-to-like basis.  Full Article

Heidelbergcement buys Cemex unit in U.S. for $150 mln
Tuesday, 18 Apr 2017 02:14am EDT 

April 18 (Reuters) - Heidelbergcement AG :Has entered into an agreement with a u.s. Subsidiary of cemex, s.a.b. De c.v. (cemex) to buy cemex’s pacific northwest materials business consisting of aggregate, asphalt and ready mix concrete operations in oregon and washington.The purchase price for the assets amounts to about usd 150 million.Closing of the transaction, which is subject to final approval by regulators, is expected during the second quarter of 2017 or soon thereafter.  Full Article

Cemex reports divestment of Pacific Northwest Materials business in the u.s.
Monday, 17 Apr 2017 05:15pm EDT 

April 17 (Reuters) - Cemex Sab De Cv ::Cemex announces divestment of its Pacific Northwest Materials business in the U.S..Cemex Sab De Cv says one of its subsidiaries in U.S. Has signed a definitive agreement for sale of its pacific northwest materials business.Cemex Sab De Cv-proceeds from transaction to sell its pacific northwest materials business to be used for debt reduction,general corporate purposes.Cemex Sab De Cv says Pacific Northwest Materials business to be sold to Cadman Materials Inc for approximately U.S. $150 million.Cemex Sab De Cv - expect to finalize divestiture during q2 of 2017 or soon thereafter.  Full Article

Cemex Sab De CV reports consolidated net sales during Q4 of 2016
Thursday, 9 Feb 2017 06:15am EST 

Cemex Sab De Cv : Consolidated net sales increased by 4 pct during Q4 of 2016 to US$3.2 billion . Operating earnings before other expenses, net, in Q4 increased by 12 pct, to US$453 million .During Q4 2016, controlling interest net income was US$214 million, an improvement over a gain of US$144 million in same period last year.  Full Article

Marketaxess reports Q4 2016 revenues of $94.4 mln, pre-tax income of $50.3 mln and diluted EPS of $0.88
Wednesday, 25 Jan 2017 06:30am EST 

Marketaxess Holdings Inc : Marketaxess reports fourth quarter 2016 revenues of $94.4 million, pre-tax income of $50.3 million and diluted EPS of $0.88 . Q4 earnings per share $0.88 . Q4 revenue rose 23.2 percent to $94.4 million . Q4 earnings per share view $0.84 -- Thomson Reuters I/B/E/S . Increases quarterly cash dividend by 27 percent to $0.33per share . Capital expenditures for 2017 to be in range of $25.0 million to $30.0 million . Marketaxess Holdings Inc - Expects total expenses for 2017 to be in range of $192.0 million to $208.0 million . Marketaxess Holdings Inc sees capital expenditures for 2017 to be in range of $25.0 million to $30.0 million .Q4 revenue view $93.6 million -- Thomson Reuters I/B/E/S.  Full Article

Cemex and GCC announce offering to sell up to 23 pct stake in Grupo Cementos de Chihuahua
Wednesday, 25 Jan 2017 06:30am EST 

Cemex SAB de CV : Cemex and GCC announce offering to sell up to 23% stake in Grupo Cementos de Chihuahua . Cemex SAB de-Co, Grupo Cementos de Chihuahua, S.A.B. de C.V. to commence offerings that are expected to include up to 76.5 million shares of Grupo Cementos . Cemex SAB de CV-To commence offering of Grupo Cementos de Chihuahua currently owned by Cemex at a range of between Mexican pesos 95.00 to 115.00/share .Cemex SAB de CV - Cemex intends to sell shares in context of Cemex's previously announced asset divestiture plans.  Full Article

CEMEX says announces change and variation to take-over bid for Trinidad Cement
Monday, 9 Jan 2017 06:35am EST 

CEMEX SAB de CV : Cemex announces change and variation to take-over bid for trinidad cement limited . Cemex sab de cv - new offer price of tt$5.07 .Cemex sab de cv - full acceptance of offer in tt$ would result in a cash payment by sierra of approximately tt$672 million (u.s.$101 million).  Full Article

CEMEX to meet $1.5-$2 bln 2017 asset disposal target ahead of schedule
Tuesday, 6 Dec 2016 06:30am EST 

Cemex SAB De CV : Cemex SAB De CV - has reduced total debt plus perpetual securities by more than U.S.$2 billion year to date . Cemex SAB De CV - Cemex is also well on track to reach its debt reduction target of U.S.$3 to U.S.$3.5 billion by end of 2017 . Cemex SAB De CV - Cemex will be able to meet its U.S.$1.5 to U.S.$2 BILLION 2017 asset disposal target ahead of schedule . Cemex SAB De CV - on target to reach its leverage ratio target of about 4.25 times by end of this year. .Cemex SAB De CV - on course to reach its initiatives to increase free-cash-flow by U.S.$670 million by end of this year.  Full Article

Cemex announces tender offer for 7.250% senior secured notes due 2021
Thursday, 29 Sep 2016 09:22pm EDT 

Cemex Sab De Cv : Cemex announces tender offer for 7.250% senior secured notes due 2021 .Says to purchase up to u.s.$500 million of outstanding 7.250% senior secured notes due 2021.  Full Article

Teamsters says Cemex and Central Concrete reach tentative agreement
Monday, 8 Aug 2016 10:26am EDT 

Teamsters: Teamster ready mix drivers reach tentative agreement . Offer includes "significant wage and benefit increases while holding fast on other terms and conditions that employers attempted to modify" .Cemex and Central Concrete reach tentative agreement on Aug. 7.  Full Article

More From Around the Web

BRIEF-CEMEX says a U.S. unit will divest reinforced concrete business to Quikrete

* Cemex and Quikrete agree on terms and conditions for sale of u.s. Reinforced concrete pipe manufacturing business