Prestigious Recognitions, Infringement Case Reviews, Financial Results, and Appointments - Analyst Notes on CEMEX, General Cable, Texas Industries, AZZ, and Granite Construction

NEW YORK, April 9, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding CEMEX S.A.B. de C.V. (NYSE: CX), General Cable Corp. (NYSE: BGC), Texas Industries Inc. (NYSE: TXI), AZZ Incorporated (NYSE: AZZ), and Granite Construction Incorporated (NYSE: GVA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

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CEMEX S.A.B. de C.V. Analyst Notes 

On April 1, 2014, CEMEX S.A.B. de C.V. (CEMEX) announced that it has awarded the first ecoperating certification to Lucena, an apartment building in San Pedro, Nuevo León, México. The Company accredits buildings with notable sustainable features and performance above market standard, recognizing projects that save energy, water, and reduce environmental impact associated with constructing buildings. According to the Company, Lucena's features such as natural ventilation complementing automatic air conditioning system, optimal solar orientation coupled with thermal insulation, broad natural lighting and artificial lighting, dual-flush devices and automated irrigation system, and reflective materials that deflects heat made the Company recognized Lucena as an eco-friendly structure. The full analyst notes on CEMEX S.A.B. de C.V. will be available to download free of charge at:

http://www.AnalystsReview.com/04092014/CX/report.pdf

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General Cable Corp. Analyst Notes 

On April 2, 2014, General Cable Corp. (General Cable) announced that it is currently evaluating whether or not to appeal the European Commission's decision involving two of its subsidiaries namely, Grupo General Cable Sistemas and Silec Cable, the Spanish and French subsidiary, concerning the power cables case for infringement of European competition law. A claim of infringement against Grupo General Cable Sistemas is dismissed for lack of evidence, while a fine of approximately $2.5 million is imposed on Silec Cable. In June 2011, the power cables case was initiated by a statement of objections or preliminary complaint concerning 12 company groups involving 27 companies, alleging that the companies had participated in a cartel to restrict competition on submarine and underground high voltage projects from 1999 to 2009. It was found out that the Company's subsidiaries participated in cartel for different periods of time, with the Grupo General Cable Sistemas participated from January 2003 to May 2007, while Silec Cable participated for more than 10 months since December 2005. The full analyst notes on General Cable Corp. are available to download free of charge at:

http://www.AnalystsReview.com/04092014/BGC/report.pdf

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Texas Industries Inc. Analyst Notes 

On April 2, 2014, Texas Industries Inc. (Texas Industries) reported its financial results for Q3 FY 2014 (period ended February 28, 2014). Quarterly net sales increased $207.8 million, up 47.0%YoY. However, quarterly net loss increased to $21.8 million, or diluted loss $0.76 per share, compared with $5.8 million, or diluted loss $0.21 per share in Q3 2013. Commenting on the results, Mel Brekhus, CEO, noted that despite the occurrence of bad winter, construction activity continued to improve especially in Texas. "The fact that shipment levels overcame a severe winter is indicative of the continued improvement in our markets. Positive construction trends are tightening the supply of building materials in many of our markets and should support continued price improvement," added Brekhus. The full analyst notes on Texas Industries Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04092014/TXI/report.pdf

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AZZ Incorporated Analyst Notes 

On April 4, 2014, AZZ Incorporated (AZZ) reported its Q4 FY 2014 and full-year FY 2014 financial results (period ended February 28, 2014). Quarterly net sales increased $181.0 million, up 28.9%YoY, while annual net sales also increased $751.7 million, up 31.7%YoY. However, quarterly net income slightly decreased to $10.2 million, or diluted EPS $0.40, compared with $13.2 million, or diluted EPS $0.52 in Q4 FY 2013. Annual net income also followed the same trend, with FY 2014 results down to $59.6 million, or diluted EPS $2.32, compared with $60.5 million, or diluted EPS $2.37 million in full-year FY 2013. Commenting on the Company's performance, Tom Ferguson, President and CEO, AZZ Incorporated, noted that Q4 financial results was impacted by numerous weather delays. Ferguson added that the Company is expecting FY2015 gross revenue to hit approximately $900 million, through leveraging of sales teams across electrical and industrial businesses in North America, aggressive international expansion, operational excellence, and Company acquisitions. The full analyst notes on AZZ Incorporated are available to download free of charge at:

http://www.AnalystsReview.com/04092014/AZZ/report.pdf

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Granite Construction Incorporated Analyst Notes 

On April 3, 2014, Granite Construction Incorporated (Granite Construction) announced the appointment of Joseph M. Mazzulo to the newly-created Senior Vice President of Business Processes position. Mazzulo's responsibilities include driving all aspects of business process improvement including optimizing the business from end-to-end to deliver bottom-line savings in utilizing a fact based data driven approach. Mazzulo will directly report to the Company's President and CEO James H. Roberts. Commenting on the appointment, Roberts said, "Joe brings a wealth of experience in the area of process improvement and is valuable addition to our Granite team," said Roberts. "Over the course of his career, Joe has successfully led organizations through process improvement implementations that improve effectiveness, efficiencies as well as customer and employee satisfaction." The full analyst notes on Granite Construction Incorporated are available to download free of charge at:

http://www.AnalystsReview.com/04092014/GVA/report.pdf

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