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Reuters hours ahead with Cemex cancelling forecasts

Reuters hours ahead with Cemex cancelling forecasts

Reuters Mexico won a more than 12-hour beat over Dow Jones and Bloomberg with the news on March 19 that troubled cement company Cemex had cancelled issuing its greatly anticipated guidance for the first quarter. Shares in Cemex fell 13% on the news in New York and 12% in Mexico City, with the Reuters` story still an exclusive at the time the markets opened.

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