cement

In a significant move, Swiss building materials giant Holcim Ltd (OTC:HCMLY) has announced its plans to list its North American business on the New York Stock Exchange. The company also revealed a new CEO for its operations. The spin-off is expected to value the business at $30 billion. What...

Canadian bulk carrier Trimac Transportation announced late Monday the acquisition of Southern California cement hauler Double Eagle Transportation. Based in Hesperia, California, family-owned Double Eagle operates a fleet of 96 tractors and 124 dry bulk pneumatic trailers. With 132 employees, 105...

Analysts at Bank of America parted ways with their bullish stance on Cemex SAB de CV (ADR) (NYSE: CX), a Mexico-based company that mostly works in the production, distribution, marketing and sale of cement and other products. The firm's Carlos Peyrelongue downgraded Cemex's stock rating from Buy to...