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MONTERREY, Mexico--(BUSINESS WIRE)---- $cemex #cemex--Cemex announced today that it has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S&P Global Ratings' upgrade announced in March 2024. “Achieving investment grade is a milestone for Cemex,” said Fernando A. González, CEO of Cemex. “This rating is confirmation of both our strategy...
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll, workforce management, and culture solutions for all people, today announced that Rachel Barger, current Senior Vice President of the Americas at Cisco Systems, will join UKG as President, GTM on May 13, 2024. Barger will report to UKG CEO Chris Todd and will lead all go-to-market aspects of UKG, overseeing sa...
Discovering chances with substantial growth potential in the stock market might unearth buried jewels. These three obscure stocks have innovative strategies and tremendous growth potential.
Opportunities frequently appear out of nowhere when underdog businesses triumph against the odds thanks to shrewd planning and forethought. The companies on this list all embody the spirit of the underdog, even though they operate in different industries.
MONTERREY, Mexico--(BUSINESS WIRE)-- #SP--Rating agency Standard & Poor's (S&P) announced today that it has upgraded Cemex's long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. “Achieving an investment-grade credit rating from S&P is a very important milestone for Ce...
Cemex is experiencing strong volume recovery in its Mexican business across most of its products. The company's margin profile has improved significantly, supported by the strong performance of its Urbanization Solutions business and pricing strategies. Cemex's stock is trading at an attractive price point, offering a significant discount compared to its historical average and the sector median.
Small-cap stocks are particularly vulnerable to higher interest rates. So it's not surprising that many of these stocks are struggling in a higher-for-longer rate environment.
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