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Mexico’s Cemex reports 4th-qtr loss, misses expectations

Mexican cement producer Cemex on Thursday reported a loss for the fourth-quarter, missing analyst expectations’ for a profit and sending shares lower.

Monterrey-based Cemex, one of the world’s largest cement producers, reported a net loss of $37 million for the quarter, when analysts had expected a profit of $136 million, according to a Reuters poll.

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