Cement News tagged: Corporate
Deutshe Bank initiates coverage on cement with a Buy
Deutshe Bank initiates coverage on Cemex with a Buy rating. Deutsche analysts says: “In our view
Pahang to buy YTL Cement shares, Malaysia
The state assembly of Pehang unanimously passed a motion to purchase shares in YTL Cement Bhd.
Cimpor shareholders poised to name incoming board
Shareholders of Cimpor are close to agreement on a new board of directors, Caixa Geral de Depositos
Jefferies initiates coverage of Cemex with Buy rating
Jefferies International is initiating coverage of Cemex with a Buy rating and sets a US$15 target,
Prosperity receives completion notice for disposal, China
Prosperity Minerals Holdings Limited announced that on 29 April 2010, it has received, together with
HeidelbergCement secures liquidity until end-2013
HeidelbergCement said it has signed a new, self-arranged EUR3bn syndicated credit facility with a group
Siam Cement 1Q beats forecasts, Thailand
Siam Cement posted a 32 per cent rise in quarterly net profit on Wednesday after the economic recovery
Cemex increases first quarter loss
Cemex first quarter turnover declined by 10.2% to US$3,042.6m, which represented an underlying reduction of some 16%.
Cemex mulls sale of stakes
Cemex is considering selling off minority stakes in some of its worldwide operations in a bid to cut its debt,
Eagle Materials finished a poor year on a weak note
Including its share of the jointly-owned Texas Lehigh Cement,
Jefferies International give Lafarge Hold rating
Investment banking advisor Jefferies International Ltd is initiating coverage of Lafarge with a Hold rating
Binani Cement Q4 net dips 15%


Binani Cement reported a 15% dip in net profit for the fourth quarter ended March at INR17 crore due to a
Cemex seen posting first quarter loss
Cemex is expected to post a US$140m net loss for the first quarter after a harsh winter in the
Lafarge seeks approval to transfer US$12m, Zimbabwe
Next month, Lafarge will seek shareholder consent to transfer US$12m from its non-distributable
Tarmac targetted by Marwyn
Private equity-backed acquisition vehicle, Marwyn Materials Ltd (UK), is in talks with Anglo American,
Shiva Cement board to issue 10m warrants
Shiva Cement said on Wednesday that the board of directors of the company will meet on April 29 to issue