Orlando, FL -- (SBWIRE) -- 09/23/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On CSX Corporation(NYSE:CSX), Cemex SAB de CV (ADR) (NYSE:CX).
CSX Corporation(NYSE:CSX) shares declined 1.23% to $26.42. The company on Sept. 16 announced that the company was named to the Dow Jones Sustainability Index (DJSI) for North America for the third consecutive year. CSX is among three transportation companies recognized by the index for leadership in sustainable business practices. CSX demonstrated strong performance broadly across assessed criteria, specifically in the areas of customer relationship management, climate strategy, and occupational health and safety.
Additionally, the company will release third-quarter financial and operating results on Tuesday, October 15, 2013, after the market close. The company will host an earnings conference call at 8:30 a.m. Eastern Time on Wednesday, October 16, 2013 via teleconference and a live audio webcast.
Are investors worried about the recent updates with CSX? Find out with a free trend analysis HERE
Cemex SAB de CV (ADR) (NYSE:CX) shares declined 2.49% to $11.75. CEMEX (CX) and Concrete Supply Co. on Sept. 9 announce that they have entered into an agreement to form a joint venture company. The joint venture company will be known as Concrete Supply Co., LLC. With a production capacity of 2 million cubic yards, the new joint venture will be a leading concrete producer in North and South Carolina.
The joint venture will be majority owned by Concrete Supply Holdings Co. who will act as the managing member. The transaction is expected to close later this year.
Additionally, the company on August 19 announced that holders of approximately U.S.$1.33 billion of the outstanding 9.50% Senior Secured Notes due 2016 issued by CEMEX Finance LLC tendered their Notes at or prior to the early tender deadline of 5:00 p.m., New York City time, on August 16, 2013, pursuant to CEMEX's previously announced cash tender offer to purchase up to U.S.$925 million (the “Maximum Tender Amount”) of the outstanding Notes. The cash tender offer is being made pursuant to the offer to purchase dated August 5, 2013 and the related letter of transmittal.
Is CX going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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