Cemex

Stephen Mandel's Lone Pine Capital Buys a Basket Full of Apple (AAPL)

market folly (Free subscription) | 18/11/2009

This is the third quarter 2009 edition of our hedge fund portfolio tracking series. If you're unfamiliar with tracking hedge fund movements or SEC filings, check out our series preface on hedge fund 13F filings . The third hedge fund we're covering is Stephen Mandel's Lone Pine Capital. The hedge fund, named after a historical lone pine tree at Mandel's alma mater Dartmouth College, has an assets...

Notice to Florida Direct Purchasers of Cement and Concrete of Price Fixing Lawsuit Filed by Gilman and Pastor, LLP

PR News Wire (Free subscription) | 13/11/2009

BONITA SPRINGS, Fla. and BOSTON, Nov. 13 /PRNewswire/ -- Gilman and Pastor, LLP filed a class action lawsuit on October 30, 2009 in the United States District Court for the Southern District of Florida on behalf of all individuals or entities who purchased Portland Cement or Ready Mix Concrete in Florida directly from any of the Defendants, including Cemex Corp., Florida Rock Industries, Inc., Holcim...

CEMEX Receives Approval from the Mexican Securities Authority to Launch Convertible Securities Transaction

Business Wire (Free subscription) | 12/11/2009

MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that it has received approval from the Comisión Nacional Bancaria y de Valores (“CNBV”, or the Mexican securities authority) to launch an offer to issue mandatorily convertible securities (the “Securities”) through an exchange offer directed to holders of Certificados Bursátiles...

Putting a Price Tag on Nature’s Services

Business Wire (Free subscription) | 10/11/2009

MONTERREY, Mexico--(BUSINESS WIRE)--Placing a financial value on the services and goods that nature provides is critical to guarantee that ecosystems stay healthy and continue to provide the benefits that all people depend on to survive, many of the world’s leading scientists and environmentalists have concluded in The Wealth of Nature - a new book launched today. The Wealth of Nature was unveiled...

CEMEX Announces Filing of Mandatorily Convertible Securities Transaction

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...

Profit plummets for Mexican building giant Cemex

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.

CEMEX Reports Third Quarter 2009 Results

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

CEMEX Reports Third Quarter 2009 Results

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...

If you are going to run for County Commission: Start now! By Geniusofdespair

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.

Does Cemex Still Have Room to Run?

Fool.com (Free subscription) | 19/10/2009

Cemex has given it its all since March, but there could be a lot left.

U.S. EPA Orders Northern California Operator Cemex to Comply with Federal Clean Water Act Regulations

Environmental Protection Agency (Free subscription) | 16/10/2009

SAN FRANCISCO – The U.S. Environmental Protection Agency has ordered Marina, Calif-based Cemex to comply with the federal Clean Water Act. Under federal law, sand and gravel mines are required to file for coverage under California’s General Industrial Activities Storm Water Permit

• EPA orders Cemex to comply with Clean Water Act - Market Watch

Cemex (CX) Fell 0.5% Yesterday But Technicals Remain Bullish And Stock Is Still Above Support

MarketIntelligenceCenter.com (Free subscription) | 16/10/2009

Cemex (NYSE: CX) closed yesterday at $13.85. So far the stock has hit a 52-week low of $3.94 and 52-week high of $14.58. Cemex stock has been showing support around 13.47 and resistance in the 14.15 range. Technical indicators for the stock are Bullish. CX appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at an Apr '10 12 covered call (CX DL) for a net debit...

Tweets for the Week #2

Looking For Detachment (Free subscription) | 11/10/2009

Continuing with the blogging of interesting links I tweeted on Twitter this week - as per last week, with oldest at the top, youngest at the bottom (ineverse geological order) : New blogpost " Geology and wine Sunday " (via @mihaela4021 ) Protect yourself & Oregon schoolkids from zombie attacks - with rock hammers ! (via @stressrelated ) Where's your laptop come from ? Everywhere, basically....

Cemex to work with feds on CO2 system

The Houston Business Journal (Free subscription) | 07/10/2009

Cemex Inc. has been tapped by the U.S. Department of Energy to develop technology for capturing and storing carbon dioxide emissions.

U.S. DOE Selects CEMEX USA to Develop Carbon Capture and Sequestration Technology to Cut CO2 Emissions

Business Wire (Free subscription) | 07/10/2009

HOUSTON--(BUSINESS WIRE)--CEMEX Inc., the nation’s largest cement and ready-mix company, announced today that the U.S. Department of Energy (DOE) has selected it to develop technology for capturing and storing carbon dioxide emissions at one of CEMEX’s U.S. cement plants. CEMEX will work with RTI International and others to design a dry sorbent CO2 capture and compression system, a pipeline...