During Wednesday’s Current trade, Shares of Cemex SAB de CV (ADR) (NYSE:CX), gain 3.36% to $7.68.
CEMEX, S.A.B. de C.V. (CX) declared the winners of “INTEGRATE your ideas”, the company’s Global Sourcing Suppliers Innovation Program. From a pool of 22 international participants, CEMEX selected three ideas mainly for their innovation, potential financial contribution to the company’s operations, ease of implementation, and degree of scalability in different countries.
The ideas presented by suppliers were critically examined through a two-stage assessment. First, 53 Global Procurement executives and Procurement country heads conducted an in-depth review of the concepts presented. Second, a group of 20 experts from several areas across CEMEX performed a thorough analysis of the projected solutions.
“As part of CEMEX’s forward-looking business strategy, we continually strive to improve our processes through innovative ideas. By capturing our suppliers’ innovation, we identify better solutions for our customers, and strengthen our relationship with all of our stakeholders,” said Juan Romero, President of CEMEX Mexico, Global Procurement and Global R&D.
CEMEX, S.A.B. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in more than 50 countries throughout the world.
Shares of Williams Companies Inc (NYSE:WMB), inclined 2.04% to $42.97, during its current trading session.
Columbia Pipeline Group, Inc. and Columbia Pipeline Partners LP (CPPL) declared that Three Rivers Midstream LLC, an associate of Williams Partners L.P. has become a member of Pennant Midstream, LLC (“Pennant”), a joint venture between associates of Columbia Midstream Group, LLC (an indirect wholly-owned partner of CPG), and Harvest Pipeline Company.
“We are happy to add Three Rivers Midstream as a high-quality partner to this joint venture,” said Columbia Pipeline Group President Glen Kettering, noting that the combination is predictable to significantly enhance Pennant’s long-term infrastructure investment opportunities. “Pennant leverages our extensive asset base and operating experience in the Utica Shale region to create near-term value, in addition to long-term sustainable growth for our customers and shareholders.”
The executed agreement nearly triples the acreage dedicated to Pennant to about 500,000 acres and results in the addition of investment-grade producers, positioning Pennant to be a leading long-term midstream services provider in the Mahoning Valley.
Williams Partners’ initial ownership investment in Pennant is 5 percent, and by funding specified, disproportionate investment amounts for future growth projects, Williams Partners can invest directly in the growth of the joint venture. Such funding will potentially enhance Williams Partners’ Pennant ownership up to 33.33 percent over a defined investment period.
The Williams Companies, Inc. is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins.
General Growth Properties Inc (NYSE:GGP), during its Wednesday’s current trading session gained 0.75% to $26.85.
General Growth Properties, Inc. (GGP) declared that Sandeep Mathrani, Chief Executive Officer, will take part in a panel talk about titled “RETAIL – WHERE ARE THE NEXT OPPORTUNITIES?” at the Evercore ISI 2015 Real Estate Conference in New York on Thursday, October 8, 2015, at 2:45 p.m. Eastern Time.
General Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and operating retail properties to communities, retailers, employees, consumers and shareholders. As of December 31, 2014, the Company owned, either entirely or with joint venture partners, 128 retail properties.
Finally, Zoetis Inc (NYSE:ZTS), gained 1.56%, to $42.03.
The Board of Directors of Zoetis Inc. (ZTS) has declared a fourth quarter 2015 dividend payable to holders of the company’s common stock of $0.083 per share. The dividend is to be paid on Tuesday, Dec. 1, 2015, to holders of record on Thursday, Nov. 5, 2015.
Zoetis Inc. is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals. DISCLAIMER:
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