New York, NY -- (SBWIRE) -- 03/09/2013 -- CEMEX, S.A.B. de C.V. (NYSE: CX) through its subsidiaries, engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, and other construction materials worldwide.
Reuters reported that U.S.-listed shares of overseas companies rose on Friday, with Latin American shares outperforming the rest of the ADR market for a third day. The BNY Mellon index of leading American depositary receipts ended up 0.3 percent, while the BNY Mellon index of leading Latin American ADRs was up 0.6 percent.
CEMEX serves home and commercial construction industries; improvement and renovation sector for infrastructure, agricultural, industrial, and other specialty applications. CEMEX, S.A.B. de C.V. was founded in 1906 and is based in Garza García, Mexico.
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Analyst believes that Micron Technology Inc. (NASDAQ: MU) may beat estimates for the February and May quarters. Stifel reiterated its rating of Buy for this company and changed its price target from $9 to $13.
Micron Technology, Inc., together with its subsidiaries, engages in manufacturing and marketing semiconductor devices worldwide. Its products for data storage and retrieval comprise dynamic random access memory (DRAM) products, including DDR2 and DDR3 for use as main system memory in computers and servers; and other specialty DRAM memory products, such as DDR and DDR2 mobile low power DRAM, DDR, SDRAM, reduced latency DRAM, and pseudo-static RAM used in laptop computers, tablets, and other consumer devices.
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