Fitch Affirms Votorantim Cimento's Ratings; Outlook Revised to Stable
Cementos Pacasmayo S.A.A. Announces Resolutions Adopted at the Annual Shareholders’ Meeting
The faltering Chinese real estate market is weighing on globally fungible commodities like iron ore, while improving developed-country construction markets aid regionally priced commodities like cement.
It's worthwhile to keep an eye on these Mexican firms.
We are raising our fair value estimate for Cemex CX to $45 per share from $33 for three reasons. The first is Cemex's attempt to acquire Rinker RIN for $12.8 billion in cash, which we expect to be additive to our valuation. This stems largely from the additional cash flows that we think Cemex can ...
The author does not own any of the stocks or funds mentioned above.
The stocks mentioned in this article be holdings in the managed portfolios of Validea Capital Management, a separate asset management firm founded by Validea.com founder John Reese. Validea Capital Management, which an SEC registered investment advisory firm and a separate company from Validea.com, ...