Construction Materials
JAPAN PILE CORP Announces Merger between Subsidiaries
JAPAN PILE CORP announced that its Tokyo-based wholly owned subsidiary KISO KOGYO CO., LTD. will merge with another Tokyo-based wholly owned subsidiary, which has been engaged in construction works of concrete pile and steel pipe pile, effective October 1, 2013. As a result, KISO KOGYO CO., LTD. will be the surviving company and the other subsidiary will be dissolved, and the new company will change its company name.
Huaxin Cement Co Ltd Announces Merger between Subsidiary and Sub-subsidiary
Huaxin Cement Co Ltd announced that a Wanyuan-based cement subsidiary will merge with its wholly owned subsidiary, which is also engaged in cement business in Wanyuan.
India Cements Ltd To Restructure Non Core Business To Improve Valuation-Business Standard
Business Standard reported that India Cements Ltd is planning to restructure its non core business, so that it can focus on its core business (cement) and to increase valuation. The Company also said it was not disturbed due to the ongoing controversy in IPL matches. It may be noted, ICL owns one of the IPL teams Chennai Super Kings (CSK).
NSL Ltd Announces De-Registration Of Dormant Subsidiary
NSL Ltd announced that NSL Resorts (HK) Limited, a wholly owned subsidiary (dormant) was de-registered from the Hong Kong Register of Companies on April 12, 2013. Consequently, NSL Resorts (HK) Limited has ceased to be a subsidiary of NSL Ltd.
Buzzi Unicem SpA Approves Project of Merger by Incorporation of Buzzi Unicem Investimenti Srl
Buzzi Unicem SpA announced that the Board of Directors has approved the project for the merger by incorporation of the wholly-owned subsidiary Buzzi Unicem Investimenti Srl. The merger decision will be submitted a further time for approval at the next Board meeting. It is expected that the operation will be concluded in the second half of fiscal year 2013.
Asia Cement Co Ltd to Divest Development, Manufacturing and Sales Business into Subsidiary
Asia Cement Co Ltd announced that it will divest its development, manufacturing and sales business into a newly established wholly owned subsidiary. The transaction effective date and registration date are expected to be October 1, 2013 and October 2, 2013, respectively.
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Sector Summary
| Energy |  -0.15% |
| Basic Materials | -0.98% |
| Industrials | -0.68% |
| Cyclical Goods & Services | -0.04% |
| Non-Cyclical Goods & Services | -0.31% |
| Financials | -0.34% |
| Healthcare | -0.51% |
| Technology | -0.13% |
| Telecoms | -0.04% |
| Utilities | -0.76% |
| DOW | 14,938.29 | -36.67 |
-0.24% |
| S&P 500 | 1,614.46 | -0.50 |
-0.03% |
| NASDAQ | 3,434.19 | -0.30 |
-0.01% |
| TR US Index | 146.29 | -0.36 |
-0.25% |
+246.24Analyst Research
| Report Title | Price |
|---|---|
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Provider: Freedonia Group Inc, The
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$500.00
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Provider: Bohai Securities Co.,Ltd.
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$23.00
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Provider: Auerbach Grayson & Co., Inc.
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$25.00
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Provider: Reuters Investment Profile
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$20.00
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Provider: GlobalData
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$125.00
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