Cement News tagged under: corporate
Buzzi Unicem director buys27 November 2008, Published under Cement NewsBuzzi Unicem Rnc director Franco Buzzi bought 2,000 shares worth Euro11,110 on November 21, 2008. The last price was Euro5.56. The share price decreased 7.50 Eurocents (or 1.3%) to Euro5.70, ending a two-day streak of rises. |
Cementir Holding director buys27 November 2008, Published under Cement NewsCementir Holding director Riccardo Nicolini bought 6,335 shares worth Euro12,860 on November 20, 2008. The last price was Euro2.03. The share price weakened 4.75 Eurocents (or 2.3%) to Euro2.05, ending a three-day streak of rises. |
Alexandria Cement reports 9 months financial results26 November 2008, Published under Cement NewsAlexandria Cement -(ALEX) reports 9 months consolidated financial results for the period from 01/01/2008 to 30/09/2008 posting a net profit of L.E 129,782,542. Compared against net profit of L.E 132,292,057 for the period from 01/01/2007 to 30/09/2007. |
Sichuan Cement to buy out peer25 November 2008, Published under Cement NewsSichuan Golden Summit (Group) Joint-Stock, a cement manufacturer in China, said in an announcement that it plans to buy out a small peer in Renshou county named the People’s Special Cement Company in Sichuan province. Sichuan Golden Summit has entered into agreements with three shareholders of the target, including two companies in Fuyang city and Zhejiang province and a natural person, to purchase a 50.84 per cent, 33.36 per cent and 15.80 per cent stake from them at CNY 127.20m, CNY 83.40... |
Costly loan holds back East African Portland Cement25 November 2008, Published under Cement NewsEast African Portland Cement is not making much progress in its negotiations with Treasury over a costly loan the company is currently servicing in Japanese yen. Wary of the effects of the strengthening of the Japanese currency against the Kenya shilling on its revenue, the company’s management is exploring ways of shielding the loan’s repayment programme against currency fluctuations. Among the options that the listed cement manufacturer is exploring include investing in Treasury Bills an... |
Yanbu Cement 9-mo net profit down 20% YoY24 November 2008, Published under Cement NewsThe net profit of Saudi cement producer Yanbu Cement Co (YCC) dropped to SAR 439m (US$117m) for the first nine months of 2008 from SAR 551 million in the same period of 2007, equal to a decrease of 20%, YCC managing director, Abdul Rouf Abu Zanada, said in a filing to the Saudi Stock Exchange. YCC attributed the decrease to lower sales due to planned maintenance activities. The earnings per share (EPS) stood at SAR 4.19 for January to September 2008, down from SAR 5.24 a year ago. The com... |
Holcim slides six per cent on volume21 November 2008, Published under Cement NewsHolcim slid CHF2.76 (or six per cent) to CHF43.52. Compared with the Swiss Market Index SMI® Price Index which fell 196.8 points (or 3.6 per cent) on the day, this represented a relative price change of -2.4 per cent. Price Volume Trend: The price crashed 37.6 per cent in the last month. This has been exacerbated by firm volume of 1.2 times average for the month. In the last three months the number of falls outnumbered rises 39:28 or 1.39:1. |
Dyckerhoff jumps 7.4 per cent21 November 2008, Published under Cement NewsDyckerhoff jumped €2.78 (or 7.4 per cent) to €40.28. Compared with the DAX Index which fell 133.9 points (or 3.1 per cent) on the day, this represented a relative price change of 10.5 per cent. Price Volume Trend: The price increased 2.0 per cent in the last month. This has been propped up by extraordinary volume of 13.1 times average for the month. |
Yanbu Cement nine-month net profit down 20 per cent YoY21 November 2008, Published under Cement NewsThe net profit of Saudi cement producer Yanbu Cement Co (YCC) dropped to SAR439m (US$117m/€93.4m) for the first nine months of 2008 from SAR551m in the same period of 2007, equal to a decrease of 20 per cent, YCC managing director, Abdul Rouf Abu Zanada, said in a filing to the Saudi Stock Exchange. YCC attributed the decrease to lower sales due to planned maintenance activities. The earnings per share (EPS) stood at SAR4.19 for January to September 2008, down from SAR5.24 a year ago. Th... |
Holcim plunges 7.4 per cent, in significant down trend20 November 2008, Published under Cement NewsHolcim plunged CHF3.72 (or 7.4 per cent) to CHF46.28. Compared with the Swiss Market Index SMI® Price Index which fell 41.7 points (or 0.8 per cent) on the day, this represented a relative price change of -6.7 per cent. Price Volume Trend: The price crashed 30.3 per cent in the last month. This was on volume of 1.1 times average for month. In the last three months the number of falls outnumbered rises 39:28 or 1.39:1 |