Lakeway, NY — 12/19/2014— thenextbigtrade.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on Cemex SAB de CV (ADR)(NYSE:CX), Citigroup Inc. (NYSE:C), Verizon Communications Inc.(NYSE:VZ).
Cemex SAB de CV (ADR)(NYSE:CX)’s shares gained 5.65% to $10.85. The company on Dec. 1 announced the restart of the Tepeaca cement plant expansion. By 2017 the total production capacity will reach 7.6 million tons per year. Total investment is estimated to be approximately US$650 million.
The additional investment, in order to add 4.4 million tons per year to the current capacity, will be approximately US$200 million, since the company had already invested close to US$450 million by 2008.
Citigroup Inc. (NYSE:C)’s shares climbed 3.15% to $54.10. John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct the Citigroup fourth quarter 2014 Fixed Income Investor Review at 11:00 AM (ET) on Jan. 23, 2015. The review will be available live via webcast and teleconference.
Additionally, Citi Private Bank on Dec. 16 has announced that it has selected Fi-Tek, LLC’s Global Wealth Enterprise Solution™ (Global WealthES) as its core securities processing and accounting platform. The firm will now leverage Global WealthES to provide integrated straight through functionality on a single database.
Verizon Communications Inc.(NYSE:VZ)’s shares jumped 1.31% to $47.05. Building on its technology leadership, Verizon on Dec. 18 said it has completed a first office application of 200G technology by successfully deploying Ciena’s WaveLogic coherent optical processors, the latest in optical transceiver technology.
The 200G wavelength was provisioned in early December over approximately 200 miles on Verizon’s ultra-long-haul production network between Boston and New York, proving that 200G technology successfully works with existing network infrastructure without impacting live customer traffic carried on the same network and without making costly modifications to existing fiber or network equipment.
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