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Monday 3 August 2015
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Active Stocks Trader’s Round Up: CEMEX, S.A.B. de C.V. (NYSE:CX), CONSOL Energy Inc. (NYSE:CNX), Level 3 Communications, Inc. (NYSE:LVLT)

On Thursday, Shares of CEMEX, S.A.B. de C.V. (NYSE:CX), lost -2.23% to $8.32.

CEMEX, formerly Palo Duro Energy Inc. (TSX VENTURE:PDE.H), is happy to declare that it has accomplished its formerly declared business combination with CarbonOne Holdings Corp. and Tapango Resources Ltd.. CarbonOne’s common shares commenced trading on the TSX Venture Exchange (“TSX-V”) under the symbol “CX” at the opening of trading recently.

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 CONSOL Energy Inc. (NYSE:CNX), inclined 1.02% to $16.85, during its last trading session.

CONSOL Energy Board of Directors declared a regular quarterly dividend of $0.01 per share, payable on August 24, 2015, to shareholders of record on August 10, 2015.

CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers.

Finally, Level 3 Communications, Inc. (NYSE:LVLT), ended its last trade with 1.36% gain, and closed at $50.06.

Level 3 Communications, stated results for the second quarter 2015.

“Level 3 continued to drive profitable growth, as evidenced by our expanding margins,” said Jeff Storey, president and CEO of Level 3. “We executed on our integration plans, while maintaining our focus on the customer experience. Beyond integration, we are also making investments to position the company for long-term growth by advancing our product offerings, expanding our network footprint and simplifying our operating environment.”

Total revenue was $2.061 billion for the second quarter 2015, contrast to $2.030 billion on a pro forma basis, for the second quarter 2014, assuming the tw telecom acquisition took place on January 1, 2014.

In the second quarter 2015, the company generated net income of $150 million and basic earnings per share of $0.42, which excludes a loss on the extinguishment and modification of debt, related to refinancing transactions accomplished during the quarter. That loss was about $163 million or $0.46 per share. Counting this loss, basic and diluted earnings per share were ($0.04). For the second quarter 2014, pro forma net income was $45 million and basic and diluted earnings per share were $0.13.

 

Level 3 Communications, Inc., together with its auxiliaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa.

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