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Enter Symbol:
 
Cemex S.a.b. De C.v. (CX) [hlAlert]

Rating:
Hold CX
down 82.60 %

Cemex S.a.b. De C.v. (CX) downgraded to Hold by BB&T Capital Mkts

Posted on: Monday,  Mar 9, 2009  9:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Cemex S.a.b. De C.v. (NYSE: CX) on 03/09/2009. Previously BB&T Capital Mkts rated Buy Cemex S.a.b. De C.v. (NYSE:
CX) on 07/24/2008., when the stock price was $22.24. Since then, Cemex S.a.b. De C.v. has lost 82.61% as of 03/09/2009's recent price of $3.87.
If you would have followed the previous BB&T Capital Mkts's recommendation on CX, you would have lost 82.6% of your investment in 228 days.

CEMEX, S.A.B. de C.V. (CEMEX) is a Mexico-based holding company of entities whose main activities are oriented to the construction industry, through the production, marketing, distribution and sale of cement, ready-mix concrete, aggregates and other construction materials. CEMEX is a global cement manufacturer with operations in North America, Europe, South America, Central America, the Caribbean, Africa, the Middle East, Australia and Asia. The Company, through its operating subsidiaries, is engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker. As of December 31, 2008, the Company?s main cement production facilities were located in Mexico, the United States, Spain, the United Kingdom, Germany, Poland, Croatia, Latvia, Colombia, Costa Rica, the Dominican Republic, Panama, Nicaragua, Puerto Rico, Egypt, the Philippines and Thailand. On December 26, 2008, the Company sold its Canary Islands operations.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/9/2009 9:25 AM Hold
None
3.87
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -55.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2008 8:25 AM Buy
None
22.24

(*) Stock Price at the time of the recommendation.
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