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Microsoft to spend $1.3 bln in Mexico on cloud, AI tech

UPDATE 2-Microsoft to spend $1.3 bln in Mexico on cloud, AI tech Adds quote from Microsoft executive, incoming economy minister MEXICO CITY, Sept 24 (Reuters) - Tech giant Microsoft MSFT.O will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday.
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Swiss stocks - Factors to watch on September 11

Swiss stocks - Factors to watch on September 11 ZURICH/GDANSK, Sept 11(Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: HOLCIM HOLN.S Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million. NESTLE NESN.S According to media reports by Bloomberg News, Nestle is set to pay a 2 million euros fine to end its French mineral water case.
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Cemex Sab De Cv Sold Its Operations In Guatemala To Holcim Group, For About Us$200 Million

BRIEF-Cemex Sab De Cv Sold Its Operations In Guatemala To Holcim Group, For About Us$200 Million Cemex SAB de CV CEMEXCPO.MX : CEMEX SAB DE CV: SOLD ITS OPERATIONS IN GUATEMALA TO HOLCIM GROUP, FOR ABOUT US$200 MILLION Source text for Eikon: [ID:n0001193125-24-216619] Further company coverage: CEMEXCPO.MX
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Cemex sells Guatemala assets to Holcim for $200 million

UPDATE 1-Cemex sells Guatemala assets to Holcim for $200 million Updates with additional detail MEXICO CITY, Sept 10 (Reuters) - Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million, its latest divesture from an emerging market. The sale, signed and closed on Tuesday, includes one grinding mill, three ready-mix plants and five distribution centers, Cemex said in a statement.
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Cemex sells Guatemala assets to Holcim for $200 million

Cemex sells Guatemala assets to Holcim for $200 million MEXICO CITY, Sept 10 (Reuters) - Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million, its latest divesture from an emerging market. The sale, signed and closed on Tuesday, includes one grinding mill, three ready-mix plants and five distribution centers, Cemex said in a statement.
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Rate cuts to benefit building materials sector, HSBC say

BUZZ-Rate cuts to benefit building materials sector, HSBC say ** HSBC says a possible turn in the interest rate cycle should lead to a recovery in residential demand in 2025, boosting building materials producers ** The analysts expect rate cuts of 150 basis points in the U.S. and Europe from September 2024 to end-2025 ** HSBC forecasts light building materials producers' EBIT/EBITDA to grow 8% in 2025, with heavy materials makers lagging behind without energy cost deflation benefits ** It prefe
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U.S. Agree Realty, Global Payments, Snowflake

U.S. RESEARCH ROUNDUP- Agree Realty, Global Payments, Snowflake Aug 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Agree Realty, Global Payments and Snowflake on Wednesday. HIGHLIGHTS * Agree Realty Corp ADC.N : Raymond James raises target price to $81 from $70 * Coinbase Global Inc COIN.O : Jefferies cuts target price to $220 from $245 * Global Payments Inc GPN.N : Jefferies raises target price to $130 from $120
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Cemex to divest Dominican operations for $950 million

UPDATE 1-Cemex to divest Dominican operations for $950 million Adds details in paragraphs 3-4 Aug 5 (Reuters) - Mexican cement maker Cemex CEMEXCPO.MX on Monday announced the sale of its operations in the Dominican Republic to Cementos Progreso and strategic partners for about $950 million. The company added in a statement the transaction also includes export businesses to Haiti.
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Cemex divests Dominican Republic operations for about $950 million

Cemex divests Dominican Republic operations for about $950 million Aug 5 (Reuters) - Cemex CEMEXCPO.MX on Monday announced the sale of its operations in the Dominican Republic to Cementos Progreso and strategic partners for about $950 million. The company added in a statement the transaction also includes export businesses to Haiti. Reporting by Na
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Latam FX down, with copper exporters leading losses

EMERGING MARKETS-Latam FX down, with copper exporters leading losses Brazil inflation speeds up ahead of central bank rate decision Markets monitor election developments in oil-rich Venezuela Latam stocks down 0.3%, FX off 0.6% Updated at 3:33 p.m. ET/ 1933 GMT By Johann M Cherian and Shashwat Chauhan July 25 (Reuters) - C urrencies of copper-producing nations in Latin America fell on Thursday as prices of the red metal remained under pressure, while Brazil's real edged up after an unexpected up
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Quarterly profits dip for cement maker Cemex on weaker Mexican peso, bad weather

UPDATE 1-Quarterly profits dip for cement maker Cemex on weaker Mexican peso, bad weather Adds guidance in paragraph 11, share price in paragraph 12 By Natalia Siniawski July 25 (Reuters) - Mexico's Cemex CEMEXCPO.MX , one of the world's largest cement producers, reported a slight dip in its second-quarter net profit on Thursday, mainly due to currency exchange losses stemming from a weaker Mexican peso.
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Cement maker Cemex's Q2 profit dips amid Mexican Peso depreciation, bad weather

Cement maker Cemex's Q2 profit dips amid Mexican Peso depreciation, bad weather By Natalia Siniawski July 25 (Reuters) - Mexico's Cemex CEMEXCPO.MX , one of the world's largest cement producers, reported a slight dip in its second-quarter net profit on Thursday, mainly due to a negative currency exchange effect from the depreciation of the Mexican Peso.
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Cemex SAB de CV <CX.N> expected to post earnings of 22 cents a share - Earnings Preview

Cemex SAB de CV expected to post earnings of 22 cents a share - Earnings Preview Cemex SAB de CV CX.N , CX is expected to show a rise in quarterly revenue when it reports results on July 25 for the period ending June 30 2024 The San Pedro Garza Garcia Nuevo Leon-based company is expected to report a 1.4% increase in revenue to $4.631 billion from $4.57 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
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Mexico corporate earnings week ahead

DIARY-Mexico corporate earnings week ahead July 19 (Reuters) - Diary of Mexico (.MXX) corporate earnings for the week ahead MEXICO EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 22-Jul-2024 AMC GCARSOA1.MX Grupo Carso SAB de CV Q2 2024 Grupo Carso SAB de CV Earnings Release 23-Jul-2024 AMC GCC.MX GCC SAB de CV Q2 2024 GCC SAB de CV Earnings Release 23-Jul-2024 AMC ALSEA.MX Alsea SAB de CV Q2 2024 Alsea SAB de CV Earnings Release 23-Jul-2024 AMC GFNORTEO.MX Grupo Financiero Bano
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US union organizing, and unions' election win rate, is surging, NLRB says

US union organizing, and unions' election win rate, is surging, NLRB says By Daniel Wiessner July 17 (Reuters) - Unions are filing petitions to hold elections and winning them at rates not seen in decades, according to data released by the National Labor Relations Board on Wednesday, likely a reflection of the agency's adoption of policies favored by unions during the Biden administration.
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