Friday, July 22, 2011

Mexico's Cemex 2Q Net Losses $294 Million Vs $306M >CX

(Updates throughout to add executive comments from conference call, share price in paragraph 7)
By Anthony Harrup and Amy Guthrie
Of DOW JONES NEWSWIRES
MEXICO CITY (Dow Jones)--Mexican cement and building materials company Cemex SAB (CEMEX.MX, CX) said Friday its net loss narrowed slightly in the second quarter to $294 million from $306 million in the year-ago period as sales picked up in northern Europe, Mexico and Latin America, while the U.S. market remained sluggish.

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