CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 07/27/22

Cemex ( NYSE: CX ) is scheduled to announce Q2 earnings results on Thursday, July 28th, before market open. The consensus EPS Estimate is $0.15 and the consensus Revenue Estimate is $4.06B (+5.3% Y/Y). Over the last 3 months, EPS estimates have seen 1 upward revision...

A recent report by Clean Energy Technology at IHS Markit benchmarked multiple decarbonization pathways currently available for the cement industry. Despite the cost reduction the new technologies could bring, policy support will still be required to incentivize these projects. Eur...

Partnership will strengthen NEORIS’ digital transformation services and international presence CEMEX to remain a key strategic partner and customer of NEORIS, supporting CEMEX's efforts to provide a superior customer experience enabled by digital technologies Under the ...

Eagle Materials sees a good growth outlook, decent capital allocation, and best-in-class ROE. These factors, combined with the recent fall in the share price, make it an appealing opportunity. The company is in a cyclical industry, has levels of debt to be cautious of, and operates in...

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that its subsidiary Pro Ambiente participated in the cleanup of La Ventanilla Beach, as part of "United for the Mexican Beaches," a broad initiative that targets reducing pollution on Mexico's coasts. The initiative also aims...

Materials stocks dropped over 17% in the first half of 2022 , compared with a 21% drop for the SPDR S&P 500 Trust ETF ( SPY ). Materials Select Sector SPDR ETF ( XLB ) was also down over 19% during the period. Industrial metals have had a rough six months, hurt by so...

The new Green Financing Framework is the first of its kind in the building materials sector. The Framework enables CEMEX to issue green financing instruments in alignment to its CO 2 reduction efforts. It increases the reach of the previously announced Sustainability-Linke...

Berenberg has downgraded its rating on Cemex (NYSE:CX) from buy to hold. The price target was set to $5, implying a 22% increase from the last closing price. Berenberg's rating is line with SA Quant Rating rating of hold, but is in contrast to Wall St. Analysts' Rating of buy (6 Very Bullish,...

Prof. Jörg Steinbach, Brandenburg’s Minister of Economy; CEMEX’s CEO, Fernando A. González; Marius Brand, Executive Vice President of Sasol: Sasol 2.0 Transformation; Dr. Helge Sachs, Senior Vice President of Sasol ecoFT, and the Mexican Ambassador for Germany,...

CEMEX completes significant investment in new alternative fuel facility at its Rugby cement plant. Investment aims to eliminate fossil fuel usage at the Rugby cement plant and allow to operate on 100% alternative fuels. New facility is expected to produce carbon saving equival...