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2023-03-21 17:13:53 ET Vulcan Materials ( NYSE: VMC ) said Tuesday that CEMEX ( CX ), aided by armed Mexican police and military, forcibly entered its port facilities near Playa del Carmen on March 14 to use its port facilities. The companies had an agreement for...
Statement on the Illegal Occupation of Vulcan's Property in Mexico PR Newswire BIRMINGHAM, Ala. , March 21, 2023 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today issued the following statement: ...
Cemex has an existing contractual relationship with Calica, a Mexican subsidiary of Vulcan Materials, for the use of a marine terminal located in Playa del Carmen, Quintana Roo. This private agreement between both companies began more than 20 years ago, and since then, Cemex has continuously used...
Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company. This press release features multimedia. View the full release here: https://www.businessw...
2023-03-07 18:02:17 ET Summary Loma Negra's fourth quarter results should show still-healthy volumes, effective pricing actions, and EBITDA/ton in the low-$30s, but the weak macro environment in Argentina is going to weigh on 2023. Management has effectively leveraged improved vol...
2023-03-04 12:25:30 ET The materials sector had a dismal week, with the S&P Materials index down -3.49%, and the Materials Select Sector SPDR ETF ( XLB ) -3.33%. The wider market grappled with stronger-than-expected inflation data in the form of the PCE price index report fo...
Summary The Irish building materials provider CRH plc saw a 9% rise in price after it released its 2022 results today. It continues to grow its sales and EBITDA, and its EPS has exceeded analysts' expectations, too. With a relatively reasonable P/E, CRH plc continues to look like a good...
Summary Eagle Materials had a modestly weaker fiscal third quarter, as weather issues offset healthy pricing in cement and wallboard. Calendar 2023 is going to see notable weakness in the residential market, impacting both cement and wallboard demand, but housing should rebound in 2024/...
CEMEX, S.A.B. de C.V. ("CEMEX") announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. This press release features multimedia. View the ...
Summary CEMEX posted another mixed quarter, with a return to profit growth in Mexico, but weaker-than-expected EBITDA overall. Weaker volumes in 2023 don't surprise me, particularly given a weak U.S. housing outlook, but U.S. infrastructure projects and nearshoring in Mexico support a s...
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Cemex announced today that it has signed a Network Partnership agreement with the Ellen MacArthur Foundation to accelerate circular economy efforts in the built environment. The Ellen MacArthur Foundation’s Network is the world’s leading circular economy network, working with ambiti...
2024-07-10 17:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...