Firm makes real-time sell in Avadel Continue reading...
CEMEX publishes its integrated report: "Innovating for a Better World"
CEMEX COMPLIES WITH ALL MEASURES ESTABLISHED BY THE MEXICAN GOVERNMENT TO CONTAIN THE COVID-19
CEMEX RESUMES OPERATIONS IN MEXICO
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Mexican cement maker Cemex SAB de CV on Thursday posted a 4% decline in net sales for the third quarter as it grappled with a slowdown in Mexico's construction market, and the company's shares tumbled even though net profit jumped 11%. Lower financial costs helped boost profits, but those gains were overshadowed by the drop in sales, led by a 16% decrease in Mexico, the sharpest drop by far of the markets where Cemex operates. Mexico's construction sector, which represents 7.5% of gross domestic product, has seen output contract for 14 straight months, according to official figures available through August.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mexican cement company Cemex said on Monday it would resume operations in the country, hours after announcing a pause, as fresh guidelines from the government permitted such a move. "In accordance with the technical guidelines published today in the official Mexican gazette, the company will resume operations in Mexico to support the development and the economy of the country during the COVID-19 contingency," Cemex said. The company, which operates in more than 50 countries, had earlier in the day said owing to government guidelines it would suspend operations until at least April 30.
CEMEX implements 50 new hygiene and safety protocols to address COVID-19
CEMEX announced changes to its senior level organization.
Despite a coronavirus scare, the S&P 500 has held up relatively well do far in 2020 and is trading within a stone’s throw of all-time highs. With the market up so much in recent years, it can be difficult ...
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
CEMEX finalizes divestment of cement plant in Kentucky and related assets in the U.S.
CEMEX tops the list Continue reading...
CX earnings call for the period ending March 31, 2020.
CEMEX (CX) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CEMEX, S.A.B. de C.V. (CX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.