Cement News tagged: Corporate
Cemex: canary Island asset sale completed
Cemex announced this week that it has completed the previously-announced sale of its Canary Islands operations to several Spanish subsidiaries of Cimpor Cimentos
HeidelbergCement makes gains
German stocks rose for the first time in four days, led by MAN AG on speculation Europe’s third- largest truckmaker will raise its stake in Swedish competitor Scania AB.
CRH implements previously announced Board changes
CRH plc, the international building materials group, confirms that the following Board changes, announced during 2008, took effect from 1 January 2009.
Turkish Oyak to cut output
Ordu Yardımlaşma Kurumu, the Turkish army pension fund known as Oyak, expects cement output and sales to fall 10 per cent next year, business daily
Heracles posts dividends
Shareholders of Heracles Cement, majority owned by France’s Lafarge, decided a 32 million euro or 0.405 Euro per share capital return, Greece’s financial daily Imerisia reported
Credit Suisse exits Binani
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
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
Cementos Portland Valderrivas (CPL.MA), Spain’s fourth largest Construction company by market capitalisation, dipped 12 Eurocent
Cemex shares solidly higher; steel outlooks lowered
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
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
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, 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
HeidelbergCement Germany’s largest Building Materials company by market capitalisation,
Heidelberg stake surrender may not hit Mysore Cements just yet
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
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
Steppe Cement Limited has appointed Malcolm Brown to its Board of Directors with immediate effect as a non-executive chairman.