Cemex, S.A.B. de C.V. Sponsored ADR (CX) News

Cemex, S.A.B. de C.V. Sponsored ADR (CX): $5.51

0.15 (+2.80%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Latest CX News From Around the Web

Below are the latest news stories about CEMEX SAB DE CV that investors may wish to consider to help them evaluate CX as an investment opportunity.

Cemex stock downgraded amid US-Mexico trade risks

RBC Capital Markets has downgraded Cemex SAB de CV (NYSE:CX) to "underperform," citing heightened risks tied to the company's heavy reliance on the U.S.-Mexico trade relationship. The downgrade, accompanied by a reduction in the stock's price target to $5 from $6, comes in the wake of the recent U.S. presidential election, which has introduced uncertainty around potential trade tariffs and import policies. Analysts said that the potential for a 25% tariff on Mexican goods, a measure that could significantly disrupt Cemex's operations and revenue streams.

Yahoo | December 11, 2024

Cemex supports $865m Howard Frankland bridge construction in Florida

The bridge will enhance transportation infrastructure for the Tampa and St. Petersburg areas.

Yahoo | December 10, 2024

Cemex SAB Completes $800 Million Philippines Exit

Cemex SAB (CX) has released an update. Cemex SAB has successfully sold its operations in the Philippines, securing approximately $800 million through agreements with DACON Corporation, DMCI Holdings, Inc., and Semirara Mining & Power Corporation. The transaction involves divesting a 100% equity interest in Cemex Asian South East Corporation and other related assets, with the buyers assuming $387 million in financial debt. This move marks Cemex’s strategic exit from the Philippine market, potenti

Yahoo | December 3, 2024

Why CEMEX, S.A.B. de C.V. (CX) Is One of the Best Construction Materials Stocks to Buy Now?

We recently published a list of 10 Best Construction Materials Stocks To Buy Now. In this article, we are going to take a look at where CEMEX, S.A.B. de C.V. (NYSE:CX) stands against the other best construction materials stocks. The New Administration: Implications for the Building Materials and Construction Sector Donald Trump’s policy agenda including […]

Yahoo | November 29, 2024

Cemex Recognized at COP29 for Solar Clinker Breakthrough

MONTERREY, Mexico, November 20, 2024--Cemex received the Net-Zero Industries Award for its Solar Clinker project, launched two years ago in partnership with Synhelion.

Yahoo | November 20, 2024

Cemex SAB de CV (CX) Q3 2024 Earnings Call Highlights: Record Net Income Growth Amid Weather ...

Cemex SAB de CV (CX) reports over 200% net income growth despite weather impacts and strategic asset sales boosting financial performance.

Yahoo | October 29, 2024

Contech startup contest taps 8 finalists

From an AI chatbot plumbing project specs to cosmic rays peering inside infrastructure, the Cemex Ventures-led annual contest surfaced an array of emerging construction tech.

Yahoo | October 23, 2024

EU Backs Pioneering CO2 Capture Project at Cemex’s Rüdersdorf Cement Plant

MONTERREY, Mexico, October 22, 2024--A consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive €157 million in funding from the EU Innovation Fund for a pioneering CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany.

Yahoo | October 22, 2024

Is CEMEX (CX) the Best Affordable Stock Under $10 to Buy?

We recently compiled a list of the 10 Best Affordable Stocks Under $10 to Buy. In this article, we are going to take a look at where CEMEX, S.A.B. de C.V. (NYSE:CX) stands against the other affordable stocks under $10 to buy. The Rate Cut Debate Continues The Fed commenced its easing cycle, however, the debate […]

Yahoo | October 20, 2024

CEMEX, S.A.B. de C.V. (CX): Leader in Best Cement and Construction Materials Stock

We recently published a list of 11 Best Cement and Construction Materials Stocks to Buy Now. In this article, we are going to take a look at where CEMEX, S.A.B. de C.V. (NYSE:CX) stands against other best cement and construction materials stock. Tailwinds for the Construction Materials Sector The construction materials sector is expected to […]

Yahoo | October 14, 2024


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