Cement News tagged: Corporate

Credit Suisse exits Binani

29 December 2008, Published under Cement News

Vinod Juneja, Managing Director, Binani Cement, India, said that Credit Suisse has sold its 9.11 per cent stake which it held via a Mauritius

HeidelbergCement increases 2.2 per cent on low volume, rising for a second day, a 2-day rise of 14.4 per cent

24 December 2008, Published under Cement News

HeidelbergCement (HEI.F), Germany’s largest Building Materials company by market capitalisation, increased 66.0 Eurocents (or 2.2 per cent) to €30.90.

Cementos Portland Valderrivas dips 0.5 per cent, trailing 74.8 per cent of stocks

24 December 2008, Published under Cement News

Cementos Portland Valderrivas (CPL.MA), Spain’s fourth largest Construction company by market capitalisation, dipped 12 Eurocent

Cemex shares solidly higher; steel outlooks lowered

24 December 2008, Published under Cement News

Mexican stocks outperformed other Latin American equities Tuesday, with help from cement maker Cemex SA on news that its debt-refinancing troubles are easing.

Cimpor - Cimentos de Portugal gains 3.9 per cent on weak volume, monthly rise of 10.3 per cent

Cimpor - Cimentos de Portugal gains 3.9 per cent on weak volume, monthly rise of 10.3 per cent

24 December 2008, Published under Cement News

Cimentos de Portugal (CPR.LS) gained 13 Eurocents (or 3.9 per cnet) to €3.47 in the week ending Tuesday December 23.

Cemex makes substantial progress in Its Refinancing plan

24 December 2008, Published under Cement News

Cemex announced today that it has made significant progress towards extending debt maturities originally scheduled for 2009.

Holcim decreases 1.9 per cent, P/E improves to four

Holcim decreases 1.9 per cent, P/E improves to four

23 December 2008, Published under Cement News

Holcim, Switzerland’s largest Construction company by market capitalisation, fell for a third day on Monday bringing its three-day fall to CHF3.10 or 5.1 per cent.

HeidelbergCement hit by a 52 week low

23 December 2008, Published under Cement News

HeidelbergCement Germany’s largest Building Materials company by market capitalisation,

Heidelberg stake surrender may not hit Mysore Cements just yet

23 December 2008, Published under Cement News

Germany’s Merckle family may have to surrender a 53 per cent stake in HeidelbergCement to a group of banks, according to agency reports.

UltraTech Cement: Hold

22 December 2008, Published under Cement News

Shareholders of Ultra Tech Cement can continue to hold the stock, as the current valuations have already factored in the prospect of a slowdown in earnings.

Steppe Cement Ltd Director Appointment

19 December 2008, Published under Cement News

Steppe Cement Limited has appointed Malcolm Brown to its Board of Directors with immediate effect as a non-executive chairman.

Investors look beyond Cemex woes to debt

18 December 2008, Published under Cement News

Reuters: Investors looked past slumping sales at Cemex, and snapped up the stock on Tuesday on optimism the company would refinance its looming debt payments.

HeidelbergCement stocks

17 December 2008, Published under Cement News

HeidelbergCement AG gained 5.6 percent to EUR31.92, snapping a three-day drop.

Pakistan: ratings of four cement companies downgraded

16 December 2008, Published under Cement News

The Pakistan Credit Rating Agency Limited (PACRA) has downgraded four cement companies and

Holcim Says Morocco Bond Successfully Placed

16 December 2008, Published under Cement News

Holcim Ltd said Monday its unit Holcim (Maroc) S.A. has issued a 7-year bond over CHF208m in the

Taiheiyo Cement limited price increase

16 December 2008, Published under Cement News

Taiheiyo Cement Corp will raise cement prices by just 10-15% this coming April, backing away from the