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By Reuters Staff
(Adds details from earnings call)
MONTERREY, April 29 (Reuters) - Mexican cement producer Cemex reported on Thursday a more than 15-fold jump in first-quarter profit, beating analyst expectations and sending its stock price surging.
The global cement giant said the results were boosted by higher sales in the United States and in Mexico, as well as by higher cement volumes in most of its markets and higher product prices in Mexico and across Latin Americas plus the Caribbean regions.
In early morning trading, shares of the company rose 4.85% to their highest level since October 2017.
Cemex’s net income during the first three months of the year rose to $665 million in the quarter from $42 million in the same period last year.
By Reuters Staff
(Adds details from earnings call)
MONTERREY, April 29 (Reuters) - Mexican cement producer Cemex reported on Thursday a more than 15-fold jump in first-quarter profit, beating analyst expectations and sending its stock price surging.
The global cement giant said the results were boosted by higher sales in the United States and in Mexico, as well as by higher cement volumes in most of its markets and higher product prices in Mexico and across Latin Americas plus the Caribbean regions.
In early morning trading, shares of the company rose 4.85% to their highest level since October 2017.
Cemex’s net income during the first three months of the year rose to $665 million in the quarter from $42 million in the same period last year.
British researchers will deliberately infect Covid-19 survivors to see what happens cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.
Published April 16, 2021, 1:05 PM
And what this says about our understanding of our colonial history
Philippine history teaches us that we have been under one foreign power and the next for the majority of our societal consciousness as a budding nation. There were the Spaniards, the Americans, and then the Japanese oh, and you might want to add the British who were in Manila for a couple of years, just for good measure. Of these, the longest “reigning,” were the Spaniards, who occupied the Philippines for over 300 years.
A Spanish mestizo family in the Philippines (National Library of Spain)
Now, the question is: Why is the Philippines not a Spanish speaking country? The answer is rather simple, and points to how nuanced our Spanish colonial history is.