Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
Cement and building-products maker Titan America generated a 4.4% gain Friday in its stock-market debut on Friday, as it touted a track record of net income and double-digit annual revenue growth. Titan America’s stock ended its first day of trading at $16.
Cement producer Titan America raises $384 million in US IPO
Titan America has raised $384 million after pricing its U.S. initial public offering at $16 per share, within its targeted range, the cement producer said on Thursday. Sentiment in the U.S. IPO market has improved on expectations of lower corporate taxes and a more business-friendly regulatory environment under the Donald Trump administration.
Titan America's IPO opens modestly higher than initial pricing
Titan America, a subsidiary of Titan Cement International SA, commenced its initial public offering (IPO) today, with shares opening at $16.20, exceeding the IPO price of $16.00 per share. Shares began trading today on the NYSE under the ticker "TTAM".
Titan America prices IPO at $16 per share
Titan America (TTAM), a subsidiary of Titan Cement International and parent company of its U.S. operations, priced its IPO of 24M shares at a price to the public of $16.00 per share. The IPO consists of 9M new common shares to be issued and sold by Titan America and 15M existing shares to be sold by Titan Cement International SA.
Cement Maker Titan’s IPO for US Unit Raises $384 Million
Titan America SA and its owner Titan Cement International SA raised $384 million in an initial public offering, pricing its ...
Mexican cement maker Cemex ekes out profit, starts $350 million savings program
Mexico's Cemex posted a net profit in the fourth quarter on Thursday, as price hikes helped offset a drop in sales, while the ...
Man arrested following pursuit of stolen cement mixer in Vallejo
Police in Vallejo arrested a man Monday evening after he allegedly stole a cement mixer and led officers on a pursuit.
Stolen cement truck triggers Vallejo police chase
A man driving a stolen cement mixer truck led Vallejo police on a chaotic chase Monday. Vallejo Police Department officers ...
Engineering News-Record1d
Clean Energy Grant Spurs Sublime To Build First Zero-Carbon Cement Plant
Sublime Systems is planning a $150M sustainable cement plant in Holyoke, Mass., funded in part by a US Energy Dept. and ...
Indian infra, cement stocks fall on 'modest' capital spending hike in budget
Indian cement companies' shares fell in a special trading session on Saturday after the government announced a 'modest' ...
The Africa Report18h
Chinese cement firms challenge Dangote and PPC for slice of African market
With demand shrinking at home, Chinese cement giants, including West China Cement and Huaxin, are aggressively expanding into Africa.
Healio1d
THA stem design may have a larger impact on periprosthetic fracture risk vs. cement use
According to published results, stem design was the strongest predictor of postoperative periprosthetic femoral fracture ...