Due to the current U.S. economic crisis, Mexico is likely to report a significant decrease to its gross domestic product which has not been seen since 2003.READ MORE
(CHICAGO)Fitch Ratings reduced its issuer default rating on Cemex SAB to junk status Friday, citing softer-than-expected operating results and higher-than-expected leverage levels due to ec...READ MORE
(WASHINGTON)Mexican building supplies manufacturer Cemex SAB late Thursday forecast a drop in its third-quarter results and cut its 2008 outlook after the Venezuelan government nationalized it...READ MORE
(NEW YORK)Shares of Cemex SAB fell Thursday after an analyst cut his price target on Mexican cement maker and said the company will probably trim its earnings guidance to account for a spino...READ MORE