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Business Wire (Free subscription) | 05/11/2009
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that it intends to issue mandatorily convertible securities (the “Securities”) through an exchange offering directed to holders of Certificados Bursátiles issued by CEMEX. These Securities will be mandatorily convertible into Certificados de Participación Ordinaria (“CPOs”) similar...
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Kurashi - News From Japan (Free subscription) | 30/10/2009
Good news for train lovers as China will buy 140 bullet trains from a Chinese train maker affiliated with Kawasaki Heavy Industries Ltd., according to Kyodo . The deal for the E2 Series Shinkansen trains is worth about ¥604 billion: China will buy the trains that can run at 350 kph from Nanche Sifang Locomotive, which has a technology licensing agreement with Kawasaki Heavy, the sources said. The...
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The Irish Times (Free subscription) | 30/10/2009
BUILDING MATERIALS group CRH is seeking to take a dispute with its joint-venture partner in a Portuguese business to arbitration, it emerged yesterday.
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Business Wire (Free subscription) | 28/10/2009
BURBANK, Calif.--(BUSINESS WIRE)--According to certified voting results, all of the Shamrock Activist Value Fund, L.P.’s director nominees were overwhelmingly elected to the Texas Industries, Inc. (NYSE:TXI) board of directors, and all three of its corporate governance shareholder proposals were decisively approved at the company's Oct. 22, 2009 annual meeting. In what the Shamrock Activist Value...
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Houston Chronicle (Free subscription) | 28/10/2009
Building materials giant Cemex said Tuesday that its net income plunged almost 40 percent in the third quarter on a 27 percent drop in sales.
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The Irish Times (Free subscription) | 28/10/2009
THERE IS speculation that building materials giant CRH is seeking to sell its US distribution business.
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The Earth Times Online Newspaper (Free subscription) | 28/10/2009
MONTERREY, Mexico - CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that consolidated net sales in the three months that ended on September 30, 2009, decreased to US$4.2 billion versus US$5.8 billion in the comparable period in 2008, representing a decrease of 27%, or a decrease of 19% whe
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Business Wire (Free subscription) | 28/10/2009
MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that consolidated net sales in the three months that ended on September 30, 2009, decreased to US$4.2 billion versus US$5.8 billion in the comparable period in 2008, representing a decrease of 27%, or a decrease of 19% when adjusting for the exclusion of our Venezuelan operations, the sale of our assets in the Canary...
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The Irish Times (Free subscription) | 27/10/2009
DUBLIN REPORT: Iseq: 3,093.94 (–51.78) Settlement date: October 29thTHE BANK holiday proved to be a bad start to the week for banking stocks and the overall Iseq index, which slipped 1.65 per cent in a quiet day’s trading yesterday.
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Tax cuts will go ahead: Rudd (Free subscription) | 25/10/2009
A COMPENSATION fund established by James Hardie Industries NV could run out of funds by mid-2010, figures show.
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Eye On Miami (Free subscription) | 25/10/2009
It is even numbered County Commission districts in 2010, are you running? In the graphic are the people in the running thus far. Only Pepe Diaz is raising big dollars. Evident in his report is our old friend lobbyist/self proclaimed redistricting expert Miguel DeGrandy and various family members. He also has the Farm Bureau, Rock Miners (Cemex), and $3,000 from Shoma Homes' various corporations.
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L. A. Times Dodgers Blog (Free subscription) | 23/10/2009
The Disney family investment firm says a preliminary tally shows it won an effort to replace three directors at the cement maker. Shamrock Holdings, the Disney family investment firm, got a step closer to taking control of one of the nation's biggest cement makers Thursday as it won a bid to replace three of the directors of Texas Industries Inc., according to Shamrock's preliminary tally.
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Miami Herald (Free subscription) | 22/10/2009
A shareholder activist group said it believed its board nominees and proposals were approved during a Thursday meeting at cement maker Texas Industries Inc., but the company said final results aren't due until next week.
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The Dallas Business Journal (Free subscription) | 22/10/2009
As Texas Industries holds its annual meeting Thursday, it will be met with some unhappy shareholders.