CHIHUAHUA, Mexico, Dec. 09, 2024 (GLOBE NEWSWIRE) -- GCC, S.A.B. de C.V. GCC the Company", )) , a leading producer of cement and concrete in the United States and Mexico, announces that Fitch Ratings has upgraded the Company's local and foreign currency long-term Issuer Default Ratings (IDRs) and US$500 million senior notes due 2032 to 'BBB' from 'BBB-', both with a stable outlook. The upgrade reflects GCC's strong operating performance, solid organic growth and financial position. Fitch's report highlights five key drivers behind GCC's rating upgrade: Solid operating performance, supported by resilient demand and the Odessa plant expansion. Disciplined financial management, prioritizing a strong balance sheet and financial flexibility. Strategic expansion driven by targeted investments. Strong leadership positions in the United States and Mexico. Vertical integration and an efficient distribution network, mitigating competitive pressures and sustaining cost efficiency. Fitch Ratings also highlights that GCC's rating reflects its solid business position in the cement, concrete and aggregates segments; diversified asset base; as well as a strong free cash flow generation through different economic cycles. This document is submitted in compliance with Article 50 of the Mexican Issuers' Regulation (Circular Única de Emisoras). About GCC GCC is a leading supplier and producer of cement, concrete, aggregates, and construction‐related services in the United States and Mexico, with an annual cement production capacity of 6 million metric tons. Founded in 1941, the Company's shares are listed on the Mexican Stock Exchange under the ticker symbol GCC*. Forward-Looking Statements This press release may contain forward-looking statements. All statements that are not clearly historical in nature are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "intend," "project" and similar expressions are generally intended to identify forward-looking statements. These statements are subject to risks and uncertainties including, among others, changes in macroeconomic, political, legal, public health crises including COVID-19, governmental or business conditions in the markets where GCC operates; changes in interest rates, inflation rates and currency exchange rates; performance of the construction industry; and pricing, business strategy and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from the beliefs, projections, and estimates described herein. GCC assumes no obligation to update the information contained in this press release. For further information, contact: GCC Investor Relations Sahory Ogushi +52 (614) 442 3176 + 1 (303) 739 5943 soguship@gcc.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Passkeys build momentum, enabling access to 15 billion online accountscasino slot 777 mega jackpot 。

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South Coast Repertory founding artistic director Martin Benson dies at 87Struggling Syracuse looks to climb back above .500 when it hosts Albany on Tuesday night. The Orange (4-4) are coming off a conference loss to Notre Dame where they failed to make a 3-pointer in a game for the first time in more than 10 years, going 0-for-9 from behind the arc. They will be without leading scorer J.J. Starling, who broke his hand in practice last Monday. Orange coach Adrian Autry said there was "no timetable" for Starling's return after the loss to the Fighting Irish and lamented his team's struggles with turnovers and free-throw shooting in the defeat. "Too many blown opportunities," Autry said. "We're not shooting the ball well. We have to adjust and go game by game now. Our front court has been pretty secure, but we have to keep working and getting better." Starling was averaging a team-high 19.8 points before his injury. The Orange may need to lean more on freshman Donnie Freeman, who has been a standout for Syracuse this season. He's averaging 12.8 points and 8.8 rebounds and already has four double-doubles. He was co-ACC Rookie of the Week last week. Defensively, the Orange have struggled. They rank No. 329 in scoring defense, giving up 79.4 points per game. Albany is scoring 77.2 ppg so far this season. The Great Danes (6-4) were downed by Boston University 80-74 in overtime on Saturday. They started the season 5-1 but have lost three of their last four. Senior guard Byron Joshua, a transfer from Alcorn State, is the Great Danes' leading scorer at 13.6 ppg. Amar'e Marshall was an All-America East Conference pick last season after averaging 16.7 points, but his field goal shooting has dropped from 43.4 percent last season to 34.5 percent this season. He is scoring 11.7 ppg. "I think we're learning how to compete at the right level," Albany coach Dwyane Killings said after a loss to Georgetown on Nov. 30. "I think the one thing that troubles us a lot is that our identity and our energy comes when the ball goes in the basket. When it doesn't, I don't think we have the grit that we need right now." Albany has been one of the best teams in the country in terms of steals. The Great Danes average 10.2 steals per game, which is tied for No. 12 in the nation. Syracuse is 8-0 against Albany all-time with the teams last meeting in 2011. Syracuse is 4-0 at home and 4-0 against non-power-conference opponents. --Field Level Media

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Defensive tackle Nick Booker-Brown, who received All-Conference USA honorable mention in 2022, is headed to the Spartans. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Chinese student’s drone got stuck in tree near Newport News Shipbuilding, leading to Espionage Act prosecution Chinese student’s drone got stuck in tree near Newport News Shipbuilding, leading to Espionage Act prosecution Longtime Phoebus Auction Gallery to close after New Year’s Day event Longtime Phoebus Auction Gallery to close after New Year’s Day event Juvenile humpback whale washes ashore on Outer Banks Juvenile humpback whale washes ashore on Outer Banks James City County officer, 17-year-old injured in Christmas Eve crash James City County officer, 17-year-old injured in Christmas Eve crash Williamsburg leaders to prioritize funding for regional Trail757 project Williamsburg leaders to prioritize funding for regional Trail757 project Journey of self: Williamsburg-area massage therapist helps others heal Journey of self: Williamsburg-area massage therapist helps others heal Purdue defensive back transfers to ODU Purdue defensive back transfers to ODU Fun to Do: Ice skating, holiday concerts, lights and more Fun to Do: Ice skating, holiday concerts, lights and more Partnership with Riverside Health seeks to improve wellness at area homeless shelters Partnership with Riverside Health seeks to improve wellness at area homeless shelters Get healthier in the new year with these resources in the Williamsburg area Get healthier in the new year with these resources in the Williamsburg area Trending Nationally Body found in wheel well of plane from Chicago to Maui How Diddy and Luigi Mangione spent Christmas in Brooklyn jail Massive invasive python is freed into the Palm Beach County wilderness. Here’s why ‘Baby Driver’ actor Hudson Meek dead at 16 Pregnant woman stabbed multiple times by pizza deliverer disgruntled about tip, sheriff says$10,000 recovered from magazine scam by Logan police

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Hyderabad: BRS leader B Vinod Kumar on Saturday said the case registered by the ED against party working president K T Rama Rao related to alleged payment irregularities and corruption in conducting Formula-E race in Hyderabad in 2023, does not fall under the Prevention of Money Laundering Act (PMLA). He told PTI that the party would legally challenge the case, asserting that no money laundering had occurred and that the charges had no basis under the PMLA. BRS leader Manne Krishank termed the Formula-E case against Rama Rao, also being probed by the Telangana government’s Anti-Corruption Bureau (ACB), as “politically motivated”. The Enforcement Directorate (ED) has summoned Rama Rao and some others for questioning next month in connection with a money laundering case linked to alleged payment irregularities during a Formula-E race held in Hyderabad during previous BRS regime. The federal agency registered an enforcement case information report (ECIR) or FIR last week in the case under various sections of Prevention of Money Laundering Act (PMLA), taking cognisance of a Telangana Police Anti-corruption Bureau (ACB) complaint. Rama Rao, son of former Telangana chief minister K Chandrashekhar Rao, has been asked to depose for recording his statement on January 7. The probe against 48-year-old Rama Rao pertains to alleged payments of about Rs 55 crore, some of it in foreign currency without approvals, to conduct Formula-E race in Hyderabad in February 2023. Rama Rao has rejected the charges. Rama Rao, who was the municipal administration minister in the BRS regime, was instrumental in hosting the race in Hyderabad last year. Though the race was supposed to be held in February this year as well, it was cancelled after the Congress government assumed office in December 2023. Telangana Governor Jishnu Dev Varma recently granted permission to the ACB to register the case against Rama Rao.

49ers' visit gives Packers a chance to damage the playoff hopes of their postseason nemesisCracker Barrel Old Country Store, Inc. ( NASDAQ:CBRL – Get Free Report )’s share price traded up 5.2% during mid-day trading on Thursday . The company traded as high as $57.28 and last traded at $57.03. 119,406 shares traded hands during trading, a decline of 84% from the average session volume of 736,380 shares. The stock had previously closed at $54.22. Analysts Set New Price Targets CBRL has been the subject of a number of recent analyst reports. Loop Capital increased their price target on Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Truist Financial raised their target price on shares of Cracker Barrel Old Country Store from $44.00 to $48.00 and gave the stock a “hold” rating in a report on Friday, November 15th. UBS Group boosted their price target on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Argus raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Monday, November 18th. Finally, Bank of America boosted their target price on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the company an “underperform” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $57.25. View Our Latest Research Report on Cracker Barrel Old Country Store Cracker Barrel Old Country Store Trading Down 0.8 % Cracker Barrel Old Country Store Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Friday, January 17th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, January 17th. This represents a $1.00 annualized dividend and a dividend yield of 1.77%. Cracker Barrel Old Country Store’s dividend payout ratio is 55.25%. Institutional Inflows and Outflows A number of institutional investors and hedge funds have recently bought and sold shares of CBRL. Point72 Asset Management L.P. purchased a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter worth about $2,526,000. Charles Schwab Investment Management Inc. raised its position in Cracker Barrel Old Country Store by 11.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,075,016 shares of the restaurant operator’s stock valued at $48,752,000 after acquiring an additional 111,892 shares in the last quarter. PDT Partners LLC lifted its stake in Cracker Barrel Old Country Store by 199.3% in the third quarter. PDT Partners LLC now owns 29,925 shares of the restaurant operator’s stock valued at $1,357,000 after acquiring an additional 19,925 shares during the last quarter. BNP Paribas Financial Markets grew its position in Cracker Barrel Old Country Store by 74.1% in the third quarter. BNP Paribas Financial Markets now owns 30,636 shares of the restaurant operator’s stock worth $1,389,000 after acquiring an additional 13,040 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Cracker Barrel Old Country Store in the third quarter worth approximately $1,016,000. Hedge funds and other institutional investors own 96.01% of the company’s stock. Cracker Barrel Old Country Store Company Profile ( Get Free Report ) Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner daily, as well as dine-in, pick-up, and delivery services. Featured Stories Receive News & Ratings for Cracker Barrel Old Country Store Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cracker Barrel Old Country Store and related companies with MarketBeat.com's FREE daily email newsletter .A panel joins ‘Fox News @ Night’ to weigh in on a voter sentiment poll about the incoming Trump administration, Chinese President Xi Jinping’s invitation to the presidential inauguration, and efforts by Trump Cabinet nominees to court senators. EXCLUSIVE – Former Sen. Kelly Loeffler of Georgia will make her first visit to Capitol Hill since President-elect Trump nominated her to steer the Small Business Administration (SBA) in his second term in the White House. Fox News has learned that Loeffler will meet on Tuesday with roughly a dozen Republican senators. Among those she'll huddle with are Sen. John Barasso of Wyoming, who ranks third in GOP Senate leadership and is the incoming Majority Whip, and Sen. Joni Ernst of Iowa, the incoming chair of the Senate Small Business Committee. Loeffler, who hails from a family of small business owners and entrepreneurs, was raised working on the family farm in Illinois. After becoming the first in her family to graduate college, she spent nearly three decades working her way up in the private sector. Along with her husband Jeff, Loeffler built a Fortune 500 financial services and technology company from 100 employees to 15,000. CLICK HERE FOR THE LATEST FOX NEWS REPORTING ON THE TRUMP TRANSITION Former Sen. Kelly Loeffler, a Republican from Georgia, speaks during Erick Erickson's The Gathering event in Atlanta, Georgia, on Friday, Aug. 18, 2023. (Alyssa Pointer/Bloomberg via Getty Images) Loeffler later launched another company, named Bakkt, as its founding CEO and first employee. She was also a part owner of the WNBA's Atlanta Dream. HEAD HERE FOR THE FULL LIST OF WHOM TRUMP'S PICKED TO TOP ADMINISTRATION POSITIONS "As an entrepreneur and business leader who founded startups and helped build a Fortune 500 company, Senator Loeffler looks forward to meeting with her former colleagues this week to discuss empowering America’s job creators," Loeffler spokesperson Caitlin O'Dea told Fox News in a statement. "She is honored to be President Trump’s choice to lead the SBA, and, if confirmed, looks forward to advancing his agenda to make the small business economy great again." U.S. President Donald Trump and Sen. Kelly Loeffler (R-Ga.) attend a campaign rally at Dalton Regional Airport on January 4, 2021, in Dalton, Georgia. (Alex Wong/Getty Images) Loeffler and her husband have long been major donors to Republican causes and and candidates, including Trump. Loeffler serves as co-chair of the president-elect's inaugural committee. Trump called Loeffler, a longtime ally, "tremendous fighter" as he announced her nomination as SBA administrator. And Ernst, in a statement, said that "as a successful business owner, Kelly knows what it takes to innovate and create jobs that support American families, and I am confident that she will fight to get Washington bureaucrats off the backs of our nation's small businesses." Then-Republican Senator Kelly Loeffler speaks during a campaign event at Valdosta Regional Airport in Valdosta, Georgia, December 5, 2020. (REUTERS/Dustin Chambers) While successful in the business world, Loeffler was not well known until becoming a politician. CLICK TO GET THE FOX NEWS APP After GOP Sen. Johnny Isakson resigned from the Senate at the end of 2019 due to his deteriorating health, Republican Gov. Brian Kemp of Georgia appointed Loeffler to fill Isakson's unexpired term until the next regular election. Loeffler narrowly lost to Democrat Raphael Warnock in a runoff election in January 2021, after no candidate topped 50% of the vote in a crowded field of contenders in the November 2020 Senate election.

49ers' visit gives Packers a chance to damage the playoff hopes of their postseason nemesisSyria’s prime minister said that most cabinet ministers were back at work on Monday after rebels overthrew President Bashar Assad. However, some state workers failed to return to their jobs and a United Nations official said the country’s public sector had come “to a complete and abrupt halt”. Meanwhile, streams of refugees crossed back into Syria from neighbouring countries, hoping for a more peaceful future and looking for relatives who disappeared during Mr Assad’s brutal rule. There were already signs of the difficulties ahead for the rebel alliance now in control of much of the country. The alliance is led by a former senior al-Qaida militant, who severed ties with the extremist group years ago and has promised representative government and religious tolerance. The rebel command said they would not tell women how to dress. “It is strictly forbidden to interfere with women’s dress or impose any request related to their clothing or appearance, including requests for modesty,” the command said in a statement on social media. Nearly two days after rebels entered the capital, some key government services had shut down after state workers ignored calls to go back to their jobs, the UN official said, causing issues at airports and borders and slowing the flow of humanitarian aid. Rebel leader Ahmad al-Sharaa, who was known by his nom de guerre Abu Mohammed al-Golani, also met with Prime Minister Mohammad Ghazi Jalali for the first time. Mr Jalali stayed in Syria when Mr Assad fled and has sought to project normalcy since. “We are working so that the transitional period is quick and smooth,” he told Sky News Arabia TV on Monday, saying the security situation had already improved from the day before. At the court of Justice in Damascus, which was stormed by the rebels to free detainees, Judge Khitam Haddad, an aide to the justice minister in the outgoing government, said that judges were ready to resume work quickly. “We want to give everyone their rights,” Mr Haddad said outside the courthouse. “We want to build a new Syria and to keep the work, but with new methods.” But a UN official said some government services had been paralysed as worried state employees stayed at home. The public sector “has just come to a complete and abrupt halt,” said Adam Abdelmoula, UN resident and humanitarian co-ordinator for Syria, noting, for example, that an aid flight carrying urgently needed medical supplies had been put on hold after aviation employees abandoned their jobs. “This is a country that has had one government for 53 years and then suddenly all of those who have been demonised by the public media are now in charge in the nation’s capital,” Mr Abdelmoula told The Associated Press. “I think it will take a couple of days and a lot of assurance on the part of the armed groups for these people to return to work again.” In a video shared on a rebel messaging channel, Mr al-Sharaa said: “You will see there are skills” among the rebels. The Kremlin said Russia has granted political asylum to Mr Assad, a decision made by President Vladimir Putin. Kremlin spokesperson Dmitry Peskov declined to comment on Mr Assad’s specific whereabouts and said Mr Putin did not plan to meet with him. Damascus was quiet Monday, with life slowly returning to normal, though most shops and public institutions were closed. In public squares, some people were still celebrating. Civilian traffic resumed, but there was no public transport. Long lines formed in front of bakeries and other food stores. There was little sign of any security presence though in some areas, small groups of armed men were stationed in the streets.

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