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Thursday 28 May 2015
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Wednesday’s Stocks to Track: Cemex SAB de CV (ADR) (NYSE:CX), Office Depot Inc (NASDAQ:ODP), Altera Corporation (NASDAQ:ALTR), Danaher Corporation (NYSE:DHR)

On Wednesday, Shares of Cemex SAB de CV (ADR) (NYSE:CX), lost -0.88% to $10.12.

Cemex SAB de CV, declared that it is undertaking a new U.S.$300 million investment in the Philippines. The new investment will comprise the construction of a new 1.5-million-ton, integrated cement-production line at CEMEX’s Solid Plant in Luzon. This will double the capacity of the Solid plant and will represent a 25% enhance in the company’s cement capacity in the Philippines.

With the recent visit of Fernando A. Gonzalez, Chief Executive Officer of CEMEX and his executive team in the country, highlighted by a meeting with His Excellency President Benigno S. Aquino III, CEMEX emphasized its continued commitment to the growth of the country. “We see a positive outlook in the business environment and we are committed to be a reliable cement supplier given the growing need for high quality building materials required for public infrastructure, commercial projects, and housing,” said Fernando A. Gonzalez.

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 Office Depot Inc (NASDAQ:ODP), inclined 0.43% to $9.28, during its last trading session.

Office Depot, Inc. (ODP), declared Serious Ink with a new line of writing instruments by TUL®*, the preferred premium brand of pens and pencils. From the colorful language we comprise in a note to the pen we choose to write it with, Serious Ink makes a bold statement. The new line of TUL writing instruments features high-quality materials and advanced engineering with clean, thoughtful design.

“These innovative pens feature premium construction, exclusive design, optimal balance and effortless ink flow,” explained Rachel Tibor, Office Depot, Inc.’s writing instrument expert. “TUL combines intuitive design and outstanding performance to deliver a quality writing instrument, built with sophistication and durability.”

Office Depot, Inc., together with its auxiliaries, supplies office products and services. The company’s North American Retail division sells an assortment of merchandise, counting office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture under various brands through its chain of office supply stores.

At the end of Wednesday’s trade, Shares of Altera Corporation (NASDAQ:ALTR), lost -0.38% to $46.67.

Altera Corporation (ALTR) declared that its 28 nm Cyclone® V field-programmable gate arrays (FPGAs) have been chosen by Harris Corporation for its newest Falcon® III wideband tactical radio.

The radio, presently in production, has been designated by the U.S. National Security Agency (NSA) to be NSA Type-1 certified, enabling Harris to field the radio for secure voice and data communications.

Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools.

Finally, Danaher Corporation (NYSE:DHR), ended its last trade with 0.61% gain, and closed at $87.02.

Danaher Corporation, declared that its Board of Directors has approved a regular quarterly dividend of $0.135 per share payable on July 31, 2015 to holders of record on June 26, 2015.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance 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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