March 12 (Reuters) - Glendon Capital Management has said that private credit lenders such as Blue Owl are obscuring weaknesses in their portfolios and a sharp correction in debt markets is approaching soon, the Financial Times reported on Thursday.  Glendon said that private credit funds managed by Blue Owl and many of its rivals had misrepresented loss rates in their...

Codexis Inc. ( CDXS ) shares surged 37.8% in after-hours trading on Wednesday to $1.75, following the company's fourth-quarter and full-year 2025 earnings release. Q4 Profit Swing and Revenue Beat Codexis ( CDXS ) reported fourth-quarter net income of $9.6 million, or 11 cents per share, reversing a $10.4 million loss, or 13 cents per share, in the same period...

March 11 (Reuters) - Mexican cement maker Cemex on Wednesday said it plans to sell some assets in Colombia in deals it expects to bring in around $555 million, as it continues to shed assets outside of its core markets. Cemex in a statement said peer Holcim will buy a cement plant, a grinding mill and a portfolio of other...

MONTERREY, Mexico--(BUSINESS WIRE)-- Cemex announced today that it is in the process of divesting certain operations in Colombia. The divestment is expected to take place through several separate transactions with different parties, for a combined purchase price of approximately US$555 million, at an approximate 10x multiple of 2025 EBITDA. As a first step, Cemex entered into an agreement with the...