On Thursday, Shares of CEMEX, S.A.B. de C.V. (NYSE:CX), lost -4.59% to $7.48, hitting its lowest level.
CEMEX declared that it has been comprised of in Fortune’s Change the World list, a ranking that recognizes 50 companies worldwide that have made a sizable impact on major global social or environmental problems as part of their competitive strategy. In the 16th place, CEMEX is the only Latin-American based company comprised of and the only company from the construction materials sector.
To assemble the list, Fortune worked together with FSG, a non-profit social impact consulting firm, and business, academic and nonprofit experts around the world. The evaluation considered four criteria: the degree of business innovation involved, the measurable impact at scale on an important social challenge, the contribution of the shared-value activities to the company’s profitability and competitive advantage, and the significance of the shared-value effort to the overall business.
CEMEX, S.A.B. de C.V., a building materials company, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia.
Shares of SeaDrill Limited (NYSE:SDRL), declined -2.82% to $7.24, during its last trading session, hitting its lowest level, as US crude oil prices fell to almost $40 a barrel on Thursday, their lowest since the global financial crisis of 2009, as supplies rose in North America and the Middle East, filling stockpiles to record levels.
Oil has lost a third of its value since June on high US production, record crude pumping in the Middle East and concern about falling demand in Asian economies.
All the main oil futures contracts looked to be heading lower, PVM Oil Associates director and technical analyst Robin Bieber said.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells.
Finally, E. I. du Pont de Nemours and Company (NYSE:DD), ended its last trade with -1.39% loss, and closed at $52.41.
E.I. du Pont de Nemours and Company has named Jeanmarie F. Desmond as its vice president and controller, effective Aug. 17, succeeding Barry J. Niziolek who plans to retire in September following 34 years of service to the company.
Desmond, who joined DuPont in 1989, was most recently the general auditor and chief ethics and compliance leader. Formerly, she spent her career in leadership roles in controllership, investor relations, tax, and financial planning and analysis.
Desmond earned a B.S. in Accounting from Mt. St. Mary’s University in Emmitsburg, Md. She is a member of the American Institute of Certified Public Accountants and Financial Executives International.
E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.