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HOLCIM EARNINGS FORECAST
Global Market: European stocks edge lower as Kering slumps, oil prices riseEuropean shares slipped as Kering plunged 10.4% following weak Gucci sales, while rising oil prices and French political uncertainty dampen...- Holcim raises full year guidance, launches buyback after Q3 beats forecastsRecurring group operating profit rose to 1.55 billion francs, slightly ahead of forecasts for 1.48 billion francs. These record results giv...
- Sit on the sidelines and let the volatility play out: Dipan Mehta“For the time being, it is best to stay on the sidelines and let this particular volatility play out. In the past, I have seen that when on...
- ACC, Ambuja Cements under pressure post Q4 earningsDeutsche also cut its price target on ACC to Rs 1,315 from Rs 1,610 while Macquarie sets its target price on Ambuja Cements at Rs Rs 124.
- Cement cos: Weak demand, high input cost may derail rallyThe stocks Holcim-controlled ACC and Ambuja Cements are back on investors’ radar. Each of them has recently touched its 52-week highs despi...
- Europe slides into recessionEuropean Countries likely to opt for more cuts in rates and taxes to ignite recovery.
- Cemex may have to raise $12.8bn bid for RinkerCemex, the world’s third-largest cement maker, may have to increase its unsolicited $12.8 bn bid for Rinker Group, the highest cash offer e...
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