Cement News tagged under: corporate
Italcementi reassures investors02 October 2008, Published under Cement NewsThe CEO of Italian cement and concrete group Italcementi, Carlo Pesenti, spoke to investors in Milan yesterday in order to assure them that the business plan set out for the 2008-2012 period was still within reach. Mr Pesenti was circumspect with regard to predictions of second-half results, saying that the market was fluctuating on a daily basis. The figures from the third quarter should provide indicators of the company’s financial status, however. Overall, the construction sector is in re... |
Mysore Cements sells 103,382 CERs02 October 2008, Published under Cement NewsMysore Cements Ltd said on Wednesday it had sold 103,382 certified emission reductions (CER) on Tuesday under the United Nations Framework Convention on Climate Change. Mysore Cements is a subsidiary of Cementrum, incorporated in the Netherlands and totally controlled by Germany’s Heidelberg Cement Group . |
YTL Cement bonds01 October 2008, Published under Cement NewsThe Securities Commission (SC) has given YTL Cement Bhd more time to carry out the proposed issue of a US$200m (RM688m) five-year guaranteed exchangeable bonds. It will now have until April 4 2009 to complete the proposal, YTL Cement said in a statement to Bursa Malaysia yesterday |
Buzzi Unicem SpA dips 0.3 per cent01 October 2008, Published under Cement NewsBuzzi Unicem SpA, Italy’s eighth largest Construction, Engineering & Materials company by market capitalisation, dipped two Eurocents (or 0.3 per cent) to €7. In the Italian market of 372 stocks, the stock has a six-month relative strength of 30 which means it has underperformed 70 per cent of the market. The stock fell for a third day on Tuesday bringing its three day fall to 50.0 Eurocents or 6.7 per cent. Compared with the MIBTEL Index which fell 110.0 points (or 0.6 per cent) on the day,... |
Cementir Holding SpA increases 2.4 per cent on form volume01 October 2008, Published under Cement NewsCementir Holding SpA, Italy’s fifth largest Construction, Engineering & Materials company by market capitalisation, increased 7.75 Eurocents (or 2.4 per cnet) to €3.36, ending a two-day streak of losses. Compared with the MIBTEL Index which fell 110.0 points (or 0.6 per cent) on the day, this represented a relative price change of 2.9 per cent. The volume was 1.2 times average trading of 227,649 shares. Volatility: The stock traded between an intraday low of €3.27 and two-day high of €3.44... |
Dyckerhoff AG price 6.9 per cent below volume weighted price but at 15.8 per cent premium to 52-week low01 October 2008, Published under Cement NewsDyckerhoff AG, Germany’s second largest Construction company by market capitalisation, closed unchanged at €39.50. The price is at a discount of 6.9 per cent to the one-month volume weighted average price of €42.42, which may appeal as a value proposition. Compared with the DAX Index which rose 23.9 points (or 0.4 per cent) on the day, this represented a relative price change of -0.4 per cent. Volatility: The stock traded between an intraday high of €39.50 and a five-month low of €36.62. Th... |
Italcementi- Fabbriche Riunite Cemento SpA Crashes 15.9 per cent on weak volume01 October 2008, Published under Cement NewsItalcementi - Fabbriche Riunite Cemento SpA, Italy’s 2nd largest Basic Materials company by market capitalisation, crashed €1.25 (or 15.9 per cent) to €6.59 in the month ending September 30. Compared with the MIBTEL Index which fell 2,728.0 points (or 12.3 per cent) in the month, this represented a relative price change of -3.6 per cent. The volume was 0.6 times average trading of 7,665,251 shares. Price Trend: The price dropped 4.5 per cent in the last week. In the last nine months the num... |
Adelide Brighton Ltd adds 2.6 per cent, rising for a third day01 October 2008, Published under Cement NewsAdelaide Brighton Ltd, Australia’s fourth largest Construction Materials company by market capitalisation, added 8c (or 2.6 per cent) to AUD3.17. Compared with the All Ordinaries Index which rose 174.2 points (or 3.8per cent) on the day, this represented a relative price change of -1.2 per cent. The volume was 1.2 times average trading of 865,442 shares. The stock rose for a third day on Wednesday bringing its three day rise to 15.0c or five per cent. Volatility: The stock traded between an... |
Titan Cement Co buys back 170 shares01 October 2008, Published under Cement NewsTitan Cement Company SA has, on September 26, 2008, purchased 9,000 common and 170 preference own shares at €23.80 and €19 per share and a total purchase price of €214,238 and €3230 respectively. The share price rose 20 Eurocents (or 0.9 per cent) to €23.20. Compared with the FTSE/Athex 140 Index which rose 18.1 points (or 0.5 per cnet) on the day, this represented a relative price change of 0.3 per cent. Volatility: The stock traded between an intraday high of €23.50 and a two-month low ... |
Prudential fund buys into CIMA30 September 2008, Published under Cement NewsPrudential Fund Management Bhd (PFMB) bought a substantial stake in Cement Industries of Malaysia Bhd (CIMA), whose controlling shareholder UEM Group Bhd is making a conditional takeover offer to buy out all the shares it doesn’t own in the cement maker. According to the filing to Bursa Malaysia, the institutional fund acquired 12.2m shares or 8.7 per cent equity stake in CIMA last Sept 22 from the open market but without stating the price it paid. UEMG was offering RM6.26 a share in CIMA ... |