Cemex SAB de CV
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Materials : Construction Materials | Mid Cap Value
Based in Mexico
Company profile

CEMEX, S.A.B. de C.V. (CEMEX) is an operating and holding Mexico-based company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. Its cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Puerto Rico, Thailand, Costa Rica and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.

This security is an American depositary receipt
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Closing Price
$3.23
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
14,150,361
0

FedEx's stock swings to sharp gains, after Express pairs with Ground for residential deliveries

2:09 pm ET February 7, 2020 (MarketWatch)
Print

Shares of FedEx Corp. (FDX) surged 3.6% in afternoon trading Friday, swinging from an earlier loss of as much as 1.5%, after the package delivery company said that beginning in March, FedEx's Express business will contract with its Ground business for select, "day-definite" residential deliveries. The move is aimed at increasing efficiencies and lower costs of residential deliveries, as it will reduce the number of delivery vehicles in residential neighborhoods, as e-commerce continues to grow at an "explosive" rate. "This move makes residential deliveries more efficient by putting the right package in the right network at the right cost to serve our customers," said Chief Operating Officer Raj Subramaniam. Last month, e-commerce giant Amazon.com Inc. (AMZN) told its third-party merchants they can resume use of FedEx's Ground network (http://www.marketwatch.com/story/amazon-lifts-ban-on-fedex-ground-for-third-party-prime-shipments-2020-01-14), about a month after banning its use given the failure to meet on-time delivery standards. FedEx's stock has lost 15.1% over the past 12 months while shares of rival United Parcel Service Inc. (UPS) have slipped 3.1% and Amazon's stock has run up 28.7%. In comparison, the Dow Jones Transportation Average has gained 6.3% the past year and the Dow Jones Industrial Average has advanced 15.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 07, 2020 14:09 ET (19:09 GMT)

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