Reuters has series of scoops on Cemex results and follow-up

Reuters scooped the competition on April 27 with Cemexs bigger-than-expected quarterly net loss of $342 million. Shares fell 2.7 percent in Mexico City as markets opened just after the results. Reuters was then ahead of Dow Jones and Bloomberg with a string of forecasts from the conference call with analysts a few hours later that pushed the stock down over 4 percent. Two days later at the Cemex CEOs annual news conference, Reuters was two minutes ahead of Dow Jones with the news that Cemex was looking to move into India, sending Cemex stock up nearly 3 percent. The same day, Reuters was also swift to send out the news of shareholder approval of long-awaited share issues that are crucial to the company’s debt management. Reuters followed up its coverage with a BUY OR SELL piece on the outlook for Cemex`s stock.