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Wednesday 19 August 2015
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Stocks Indicating Negative Trends Under Review: Cemex SAB de (NYSE:CX), Wyndham Worldwide (NYSE:WYN), Santander Mexico Fincl Gp SAB deCV (NYSE:BSMX), CoreSite Realty (NYSE:COR)

On Tuesday, Cemex SAB de CV (ADR) (NYSE:CX)’s shares declined -0.37% to $10.03.

Cemex SAB de CV (ADR) (CX) declared that it has filed its annual report for the fiscal year ended December 31, 2014 on Form 20-F with the United States Securities and Exchange Commission (the “SEC”).

CEMEX will provide a hard copy of its annual report on Form 20-F, counting audited financial statements, free of charge to its shareholders and ADS holders upon request. Requests should be directed to CEMEX Investor Relations at (212) 317-6000 or [email protected].

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.

Wyndham Worldwide Corporation (NYSE:WYN)’s shares dropped -4.13% to $86.38.

Wyndham Worldwide Corporation (WYN) declared results for the three months ended March 31, 2015.

First Quarter Highlights:

  • First quarter adjusted diluted earnings per share (EPS) was $1.03, an enhance of 32% from adjusted diluted EPS of $0.78 in the first quarter of 2014. Stated diluted EPS was $1.00 in the first quarter of 2015, an enhance of 45% from stated diluted EPS of $0.69 from the same period in 2014.
  • Revenues raised 6% contrast with the first quarter of 2014. In constant currency, revenues raised 9%.
  • Adjusted EBITDA raised 14% contrast with the first quarter of 2014. In constant currency, adjusted EBITDA raised 18%.

Wyndham Worldwide Corporation provides hospitality services and products to individual consumers and business customers worldwide. It operates three in segments: Lodging, Vacation Exchange, and Rentals, and Vacation Ownership.

At the end of Tuesday’s trade, Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX)‘s shares dipped -4.05% to $10.43.

Santander Mexico Fincl Gp SAB deCV (ADR) (BSMX) declared financial results for the three-month period ending March 31, 2015.

Marcos Martinez, Grupo Financiero Santander Mexico’s Executive President and CEO, stated that this was a good quarter; they continued to expand their loan portfolio leveraging the comprising signs of economic recovery, again beating system growth rates while further enhancing asset quality and maintaining a stringent focus on cost controls. Gross operating income reached a record high surpassing the Ps.14 billion mark.

Grupo Financiero Santander México, S.A.B. de C.V. provides various banking services in Mexico. The company’s deposit products comprise current accounts, savings accounts, and time deposits, in addition to certificates of interbank deposit.

CoreSite Realty Corp (NYSE:COR), ended its Tuesday’s trading session with -3.96% loss, and closed at $48.08.

CoreSite Realty Corp (COR) declared the sale of 4,500,000 shares of its common stock by investment funds associated with The Carlyle Group to Jefferies LLC and Citigroup, as the underwriters in connection with the offering. In addition, the underwriters will have a 30-day option to purchase up to 675,000 additional shares from the selling stockholders.

Upon completion of the offering, investment funds associated with The Carlyle Group will continue to hold 20,775,390 partnership units in the Company’s operating partnership (or 20,100,390 partnership units if the underwriters exercise in full their option to purchase additional shares) that they may elect to redeem in whole or in part for cash or, at the Company’s option, the Company may elect to acquire those operating partnership units presented for redemption in exchange for shares of its common stock on a one-for-one basis.

CoreSite Realty Corporation engages in the ownership, acquisition, construction, and administration of data centers. The data centers are specialized and secure buildings that house networking, storage, and communications technology infrastructure, counting servers, storage devices, switches, routers, and fiber optic transmission equipment.

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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.

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