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Stock Market & Financial Investment News

News Breaks
October 19, 2012
07:15 EDTCXCEMEX to offer 126.6M shares in CEMEX Latam Holdings unit
CEMEX announced today that CEMEX Latam Holdings, S.A., a wholly-owned subsidiary of CEMEX Espaņa, S.A., will commence offerings that are expected to include an aggregate of 126,569,938 common shares to be issued by CEMEX Latam, which are expected to be comprised of (a) 110,060,816 common shares to be offered in a public offering to investors in Colombia and in a concurrent private placement to eligible investors outside of Colombia, and (b) an additional 16,509,122 common shares to be offered in such private placement that are subject to a 30-day put option granted to the initial purchasers of the private placement. CEMEX Latam's common shares are expected to be listed on the Colombian Stock Exchange.
News For CX From The Last 14 Days
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June 19, 2013
10:01 EDTCXOn The Fly: Analyst Upgrade Summary
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06:01 EDTCXCEMEX upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded CEMEX due to valuation. Price target remains $12.
June 11, 2013
10:03 EDTCXOn The Fly: Analyst Downgrade Summary
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07:40 EDTCXCEMEX downgraded to Sector Perform from Outperform at Scotia Capital
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