CEMEX, S.A.B. de C.V., a building materials company, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. The company also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs.
Mexico's Cemex reports unexpected first-quarter profit MONTERREY, Mexico, April 21 (Reuters) - Mexico's Cemex reported an unexpected $35 million profit in the first quarter of 2016, following a loss of $149 million in the same period a year earlier, helped by increased sales in the United States. Analysts surveyed by Reuters had expected Cemex, one of the world's largest cement producers, to report a net loss of $30 million in the quarter. In the United States, its leading market, Cemex said net sales rose 6 percent to $920 million, helped by a pickup in residential and infrastructure construction as well as better weather than a year earlier. The Monterrey-based company, which has been selling assets to cut debt, reported a 3 percent fall in consolidated net sales to $3.2 billion. More http://finance.yahoo.com/news/mexicos-cemex-reports-unexpected-first-130249095.html
Put sellers look for Cemex to hold gains Cemex has been ripping higher in recent months, and traders are betting that downside potential is limited. optionMONSTER's monitoring programs show that 2,100 May 5 puts were sold for $0.02 on Friday. Volume was more than 1,040 times open interest at the strike, which indicates new money was put to work. Short puts lock in a price where investors must buy a stock, while letting them collect premium. Traders use the technique when they like a stock and think that the risk of a big drop is limited More http://finance.yahoo.com/news/put-sellers-look-cemex-hold-124526749.html
Cemex offers to buy back up to $400 mln in debt http://finance.yahoo.com/news/cemex-offers-buy-back-400-042622096.html
Cemex Philippines Share Sale Said Poised to Raise $465 Million http://finance.yahoo.com/news/cemex-philippines-share-sale-said-094701388.html
I was impressed with CX today as it green all day during a big market drop had a strong close with the Dow and SP down
I plan on taking profits between 6.90 and 7 but there is a gap to fill at 7.40. If CX has added strength as it nears exit one I may hold for the gap fill. All of this due for change the closer it gets to my exit prices
It just keeps getting better with the help of the market rally but note the volume was more than 1 1/2 times the average volume as CX is gaining strength and not near overbought yet.
Getting closer to my exit point and again on strong volume. If the volume persists like this I may move up my exit point up
Mexico's Cemex gets 106 million euro loan from World Bank's IFC MEXICO CITY, July 12 (Reuters) - Mexico's Cemex will receive a 106 million euro ($117.23 million) loan from the World Bank's private sector investment arm to help the cement maker reduce greenhouse gas emissions and boost its emission controls, the company said on Tuesday. The loan from the World Bank's International Finance Corporation (IFC) will finance Cemex's green projects completed in 2014 and 2015 as well as ventures for this year. http://finance.yahoo.com/news/mexicos-cemex-gets-106-million-221303787.html
Company best positioned to benefit from a ‘Trump Wall’ is Mexican Cemex has operations on both sides of the border, putting it in prime position to benefit from a Trump Wall. It is the one thing the otherwise mercurial Donald Trump has been consistent about throughout his presidential campaign—if elected, he’ll create a wall along the U.S.-Mexican border. Analysts at Bernstein Research decided to crunch the numbers to find out which companies would stand to benefit if such a barrier were to be created. And the winner would be: Cemex CX, -0.22% which as the name suggests, is Mexican and one of the world’s largest manufacturers of building materials, including cement and ready-mix concrete. http://www.marketwatch.com/story/co...rump-wall-is-mexican-2016-07-15?siteid=yhoof2
Investors are looking Cemex to rally in the next month optionMONSTER's monitoring program shows that more than 7,000 August 7 calls were purchased for $0.30 to $0.34 late Friday. This represents new positions, as volume surpassed the strike's open interest of 3,221 contracts. http://finance.yahoo.com/news/traders-bet-concrete-gains-cemex-142230325.html
CX is down 8 cents with the markets getting hammered as the bulls are putting their chips down on higher prices Bullish traders build positions in Cemex http://finance.yahoo.com/news/traders-look-rally-cemex-160906148.html
