NEW YORK, December 31, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including CEMEX S.A.B. (NYSE: CX), Century Communities (NYSE: CCS), China Zenix Auto International (NYSE: ZX), CIRCOR International (NYSE: CIR), and CLARCOR (NYSE: CLC). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
CX Research Report: ( http://get.analystsreview.com/pdf/?c=CEMEX%20S.A.B.&d=31-Dec-2014&s=CX ),
CCSResearch Report: ( http://get.analystsreview.com/pdf/?c=Century%20Communities&d=31-Dec-2014&s=CCS ),
ZXResearch Report: ( http://get.analystsreview.com/pdf/?c=China%20Zenix%20Auto%20International&d=31-Dec-2014&s=ZX ),
CIR Research Report: ( http://get.analystsreview.com/pdf/?c=CIRCOR%20International&d=31-Dec-2014&s=CIR ),
CLC Research Report: ( http://get.analystsreview.com/pdf/?c=CLARCOR&d=31-Dec-2014&s=CLC ).
Analyst Update: New Projects, Strategic Acquisitions, Leadership Changes, and Share Repurchase Programs
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market ended in red on Tuesday with energy stocks being the worst performers of the day. A less than expected December 2014 consumer confidence index (CCI) figure deterred investor confidence further. The U.S. CCI climbed to 92.6 in December from a revised 91.0 last month, below a post-recession high of 94.1 set in October 2014. The DJIA declined 0.31%, S&P 500 dropped 0.49% and the Nasdaq Composite weakened 0.61% during the session. The European stock market also declined, led by weakness in energy companies as Brent oil fell to a five and a half year low on persistent concerns about a global supply glut. The Asian stock market closed broadly lower too. The Japanese government on Tuesday agreed to a tax reform, approving a plan to cut corporate taxes by 2.51 percentage point from April 2015 and then by another 0.78 percentage points in the following year, in an effort to spur economic growth.
CEMEX Latam Holdings, S.A., (CLH) a subsidiary of CEMEX, S.A.B. de C.V. (CEMEX) will start a project to enhance cement production capacity in its plant located in Colorado, Costa Rica by almost 25%, in order to achieve an annual capacity of 1.1 million tons per year by 2017.
Century Communities, Inc. (Century Communities) has completed the acquisition of the operations and assets of Peachtree Communities in Atlanta, Georgia, for approximately $55 million, based on the total assets of Peachtree Communities at the closing of the acquisition, less cash and cash equivalents and less certain assumed trade payables.
China Zenix Auto International Limited (China Zenix Auto International) has appointed Xiandai Zhang to the Board of Directors and the Audit Committee. Zhang has an extensive experience in auditing, tax and accounting of almost 20 years, including 6 years of national auditing, 16 years with accounting and tax firms, and 12 years as an auditor or tax project manager.
CIRCOR International, Inc. (CIRCOR International) announced that its Board of Directors has authorized a new share repurchase program of up to $75 million of the Company's outstanding common stock.
CLARCOR Inc. (CLARCOR) announced the acquisition of three related companies -- Filter Resources, Inc., Filtration Inc. and Fabrication Specialties, Inc. - which manufacture and distribute filters to the petrochemical and refining industries, largely in the Texas Gulf Coast and Louisiana region.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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