Recently, Mexican cement maker CEMEX S.A.B. de C.V. (CX) posted decent results for the third quarter of 2009, considering the difficult economy.  Net sales decreased to US$4.2 billion versus US$5.8 billion in the comparable period in 2008, representing a decrease of 27% − or a decrease of 19% when adjusting for the exclusion of the Venezuelan operations − on the sale of the assets in the Canary Islands, besides currency fluctuations.  Lower sales in the quarter were primarily attributable to lower volumes, mainly from the U.S. and Spanish operations, as well as the exclusion of Venezuelan operations and the sale of assets in the Canary Islands.  EBITDA decreased 38% in the quarter to US$806 million from US$1.3 billion in the same period of 2008, or 30% when adjusting for the exclusion of abovementioned assets and currency fluctuations.  Cemex earned US$121 million in the quarter, ...

Dr Stock Pick HOT News & Alerts!

_________________________________________

FREE Daily Stock Alerts From DrStockPick.com

_________________________________________

Wednesday October 28, 2009

DrStockPick.com Stock Report!

AQNM, CX, PSFT, AXP, PWRM, NDAQ, CSRH, VZ, CVAT, GE

**************************************************************

AXP, American Express Company

AXP, a payments and travel company, provides charge and credit payment card products, and travel-related services worldwide.

AXP’s division American Express Business Travel announced today the findings of two surveys which offered separate yet similar predictions on the health and future of business travel heading into 2010. The company surveyed its Global Business Partnership (GBP) clients, its largest global clients, as well as 180 client organizations based across Shanghai, Beijing, and Guangzhou in China through its annual China Business Travel Survey (The

...

You've got to hand it to the Spanish - while their friends in France, Germany, and even Italy get twisted up in the bickering with other EU members over common energy policy and relations with Russia, the Iberian peninsula often appears to be blissfully unaware and uninvolved. After all, as they are geographically beyond the reach of Moscow's pipeline arteries, they enjoy a diverse supply of natural gas from Norway, Algeria, and the spot market at LNG terminals. As such Madrid has not really had to worry that much about Gazprom's encroachment on various companies and assets critical to security of supply (not to mention the trafficking of influence). In a recent interview with the Economist, two-term Socialist Prime Minister José Luís Rodríguez Zapatero did not mention Russia or energy even once, ...