Cement News tagged: Corporate
Dyckerhoff AG price 6.9 per cent below volume weighted price but at 15.8 per cent premium to 52-week low
Dyckerhoff AG, Germany’s second largest Construction company by market capitalisation, closed unchanged at €39.50
Italcementi- Fabbriche Riunite Cemento SpA Crashes 15.9 per cent on weak volume
Italcementi - Fabbriche Riunite Cemento SpA, Italy’s 2nd largest Basic Materials company by market capitalisation, crashed €1.25
Adelide Brighton Ltd adds 2.6 per cent, rising for a third day
Adelaide Brighton Ltd, Australia’s fourth largest Construction Materials company by market capitalisation, added 8c
Titan Cement Co buys back 170 shares
Titan Cement Company SA has, on September 26, 2008, purchased 9,000 common and 170 preference own shares at €23.80 and €19 per share
Prudential fund buys into CIMA
Prudential Fund Management Bhd (PFMB) bought a substantial stake in Cement Industries of Malaysia Bhd (CIMA), whose controlling shareholder UEM Group Bhd
Titan Cement Co drops 2.5 per cent on high volatility
Titan Cement Company traded between an intraday low of €18.50 and a high of €19. The share price declined 48 Eurocents (or 2.5 per cent)
Ambuja Cements slides 5.2 per cent, P/E improves to 7.2
Ambuja Cements fell for a second day on Monday bringing its two day fall to INR6.35 or 7.4 per cent.
Grasim Industries falling in a weak market with rising open interest
Grasim Industries fell for a third day on Monday bringing its three day fall to INR175.0 or 9.1 per cent. The share price declined INR48 (or 2.7 per cent) to INR1750.
HedielbergCement AG decreases 1.2 per cent, Trailing 66.3 per cent of stocks
HeidelbergCement AG, decreased 94.0 Eurocents (or 1.2 per cent) to €75.61. In the German market of 1219 stocks,
Dyckerhoff declines 2.9 per cent, P/E improves to 6.3
Dyckerhoff AG declined €1.18 (or 2.9 per cent) to €39.82. Compared with the DAX Index which fell 256.4 points (or 4.2 per cent) on the day,
Tomson to sell 25% stake in cement unit
Tomson Group’s unit has put up 25 per cent stake in Shanghai Tomson Guojian Concrete Co., Ltd. for sale at the Shanghai United Assets
Binani Cement to raise US$90m
Binani Cement has revealed that the company is proposing to raise US$90m through International debt by March 2009
Siberian Cement Holding puts off Turkish assets deal
On September 25, 2008 Siberian Cement Holding was to close the deal on acquisition of Italcementi Group - Set Group
Binani Cement to raise US$90m for expansion
Binani Cement Ltd plans to raise US$90m through overseas debt by next March to double its manufacturing capacities in China and Dubai by 2010, Managing Director Vinod Juneja told Reuters on Friday.
Taiheiyo Cement seen missing FY08 profit target
Analysts’ net profit projection for Taiheiyo Cement Corp for the current fiscal year is 64% lower than the firm’s own projection, the largest discrepancy among firms in a Nikkei study.
Unye to participate in capital increase of Unye Cemento
Cement producer Unye Cimento informs that it will participate in the capital increase of its subsidiary Unye Cem Srl, based in Romania.