HSBC lifts Holcim to overweight from neutral, saying it sees a buying opportunity in cement stocks after a recent falling of share prices. The bank also sees a robust recovery in return on invested capital at Holcim. It reduces target to CHF77 from CHF80.
Cementos Argos to appeal Cartagena environmental ruling
Cementos Argos will appeal a Colombian court ruling ordering it and 11 other entities to compe...