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<item><link>http://www.alacrastore.com/research/creditsights-Euro_Building_Materials_Monthly_October_2009-91624</link><cs:docid xmlns:cs="http://www.alacra.com/cs">91624</cs:docid><guid isPermaLink="false">cs/91624</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In the fourth of a series of regular Monthly articles, we review key events and data releases in the European Building Materials and Construction sector during the lst six weeks, and look ahead to the coming month.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">bouygues</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">cemex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company 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Euro Building Materials Monthly: October #### In the fourth of a series of regular Monthly articles, we review key events and data releases in the European Building Materials and Construction sector during the last six weeks, and look...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bouygues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bouygues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cemex</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cemex</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">crh</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">crh</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">grohe</cs:index_entry_companySector><cs:index_entry_companySector 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xmlns:cs="http://www.alacra.com/cs">vulcan_materials_company</cs:index_entry_companySector><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Construction_Data_Sep_2009_No_Indian_Summer-91604</link><cs:docid xmlns:cs="http://www.alacra.com/cs">91604</cs:docid><guid isPermaLink="false">cs/91604</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In the seventh of a series of regular Monthly articles, we review the latest monthly figures for European Construction and discuss the implications for our European Building Materials and Construction coverage universe.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company 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xmlns:cs="http://www.alacra.com/cs">italy</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">spain</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">91604</cs:csid><pubDate>18 Nov 2009 11:10:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">91604</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionFocus xmlns:cs="http://www.alacra.com/cs">europe</cs:regionFocus><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Construction Data: Sep 2009, No Indian Summer</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroConstructionDataReport</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Construction Data</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">3113</cs:wcnum><description> Euro Construction Data: Sep ####, No Indian Summer September was a mixed month, with total European construction output dropping for the fifth month in a row for the EU## and remaining negative in the eurozone. 
On a year on year basis,...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bouygues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bouygues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cemex</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cemex</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">crh</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">crh</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">grohe</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">grohe</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">holcim</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">holcim</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lafarge</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lafarge</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">martin_marietta</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">martin_marietta</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rsc_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rsc_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_rentals</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_rentals</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">vinci</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">vinci</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">vulcan_materials_company</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">vulcan_materials_company</cs:index_entry_companySector><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Summary_Holcim_Ltd-757272</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">757272</spcred:docid><guid isPermaLink="false">spcred/757272</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>13 Nov 2009 01:10:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Holcim Ltd.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><description>The latest Summary from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Switzerland</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Construction Materials</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Pacific</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">CHE</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">434741</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">15102010 151020 1510 15</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Holcim Ltd.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">121067</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">PAC</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">HOLN@VX</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">CAN</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">436429</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">791060</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">15102010 151020 1510 15</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Holcim (Canada) Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Holcim (U.S.) Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">101166</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">102055</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">CAN</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">ST/A@CN</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Building</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Capital</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Retail</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2213281</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2213281</ccbn:docid><guid isPermaLink="false">ccbn/T2213281</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>11 Nov 2009 03:07:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2213281</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of HOLN.S earnings conference call or presentation, 11-Nov-09 12:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Holcim Ltd.</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Holcim Ltd. Q3 2009 Earnings Presentation Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">HOLN.S</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">12:00pm CET</ccbn:time><title>Holcim Ltd. Q3 2009 Earnings Presentation Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Serge Rotzer Bank Vontobel AG - Analyst John Fraser-Andrews HSBC - Analyst Clyde Lewis Citigroup - Analyst...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Holcim_Q309_The_Best_of_a_Bad_Bunch-91218</link><cs:docid xmlns:cs="http://www.alacra.com/cs">91218</cs:docid><guid isPermaLink="false">cs/91218</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">crh</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">switzerland</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">switzerland</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">91218</cs:csid><pubDate>11 Nov 2009 06:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">91218</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">north_america_other</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">united_states</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:regionMention xmlns:cs="http://www.alacra.com/cs">north_america_other</cs:regionMention><cs:regionMention xmlns:cs="http://www.alacra.com/cs">united_states</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Holcim: Q309 - The Best of a Bad Bunch</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">686</cs:wcnum><description> Holcim: Q### - The Best of a Bad Bunch HolcimÂ this morning provided what is undoubtedly the highlight of the Q### earnings season in European Building Materials, with a robust performance in again very challenging market conditions....</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PBC_120790</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PBC_120790</moodys:docid><guid isPermaLink="false">moodys/PBC_120790</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:index_mode><pubDate>23 Oct 2009 08:24:03 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Holcim Ltd</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Holcim Ltd</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600064125</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">300.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">22 Oct 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">Analysis</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Analysis</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Holcim Ltd</title><description>...Headquartered in Jona, Switzerland, Holcim (rated Baa#/P-#/stable) is one of the world's leading producers of cement and aggregates. It is also involved in further activities, such as ready-mix concrete, asphalt and a range of other services. The company was founded in #### in Switzerland and operates in around ## countries across all continents, where it employs a workforce of around ##,###. Its production capacity is ###.# million tonnes of cement. Turnover in the last twelve months (LTM) as per ##/#### was CHF##.# billion (EUR##.# billion). Holcim's largest shareholder is Thomas Schmidheiny with a share of ##.#% as at # September ####. Market capitalisation as at ## October #### was EUR## billion....

</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Construction_Data_Aug_09_Cruel_Summer-90052</link><cs:docid xmlns:cs="http://www.alacra.com/cs">90052</cs:docid><guid isPermaLink="false">cs/90052</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">Despite recent optimism on global construction trends, which has fuelled a sharp contraction in credit spreads since the second quarter, economic fundamentals for the European construction sector remain weak.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">bouygues</cs:company><cs:company 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xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lafarge</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">vinci</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">czech_republic</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">france</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">germany</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">italy</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">poland</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">spain</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">czech_republic</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">france</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">germany</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">italy</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">poland</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">spain</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">united_kingdom</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">90052</cs:csid><pubDate>21 Oct 2009 03:08:23 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">90052</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionFocus xmlns:cs="http://www.alacra.com/cs">europe</cs:regionFocus><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">home_builders</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">home_builders</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Construction Data Aug 09: Cruel Summer</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroConstructionDataReport</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Construction Data</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">3305</cs:wcnum><description> Euro Construction Data Aug ##: Cruel Summer In theÂ sixth of a series of regular Monthly articles, we review the latest monthly figures for European Union Construction data and discuss the implications for our European Building Materials...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cemex</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">crh</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">grohe</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">holcim</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lafarge</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">martin_marietta</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_rentals</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">vulcan_materials_company</cs:index_entry_companySector><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-HeidelbergCement_High_Yield_Bond_Post_Mortem-89822</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89822</cs:docid><guid isPermaLink="false">cs/89822</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">Following our initial take on HEI's High Yield Bond Issue yesterday (HeidelbergCement: New Bond Issue Report), we provide updated views on the transaction and consider our CDS Relative Value Recommendation.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">cemex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">grohe</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lafarge</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">cemex</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">crh</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">grohe</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lafarge</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">de</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">gb</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89822</cs:csid><pubDate>14 Oct 2009 11:09:25 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89822</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tagMention><title>HeidelbergCement: High Yield Bond Post Mortem</title><cs:type xmlns:cs="http://www.alacra.com/cs">CompanyComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Company Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1149</cs:wcnum><description> HeidelbergCement: High Yield Bond Post Mortem Following our initial take on HEI's High Yield Bond Issue yesterday, we provide updated views on the transaction and consider our CDS Relative Value Recommendation 
The transaction, launched...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Credits_We_Like_In_The_New_Normal-89785</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89785</cs:docid><guid isPermaLink="false">cs/89785</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">We detail credits that we believe are well suited to an environment of slow economic growth, entrenched high levels of unemployment, constrained lending and continued conservatism from consumers in the world's developed economies.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">creditsights_staff</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">berry_plastics</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">cummins</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">fedex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">intelsat</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">itc_holdings</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kellogg</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kroger</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">marriott_international</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">martin_marietta</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">rio_tinto</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">starwood_hotels</cs:company><cs:companyMention xmlns:cs="http://www.alacra.com/cs">berry_plastics</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">cummins</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">deutsche_telekom</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">fedex</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">intelsat</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">itc_holdings</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">kellogg</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">kroger</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">marriott_international</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">martin_marietta</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">rio_tinto</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">starwood_hotels</cs:companyMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89785</cs:csid><pubDate>13 Oct 2009 11:10:13 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89785</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">united_states</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:regionMention xmlns:cs="http://www.alacra.com/cs">united_states</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">utilities</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">utilities</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">strategy</cs:tag><cs:tagFocus xmlns:cs="http://www.alacra.com/cs">strategy</cs:tagFocus><title>Credits We Like In The New Normal</title><cs:type xmlns:cs="http://www.alacra.com/cs">StrategyComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Strategy Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">4236</cs:wcnum><description> Credits We Like In The New Normal We detail a number of credits that we believe are well suited to an environment of slow economic growth, entrenched high levels of unemployment, constrained lending and continued conservatism from consumers...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-HeidelbergCement_New_Bond_Issue_Report-89774</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89774</cs:docid><guid isPermaLink="false">cs/89774</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">We comment on HEI's proposed â‚¬1-1.5 billion High Yield Bond which was announced yesterday morning.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">cemex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">grohe</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lafarge</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">cemex</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">crh</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">grohe</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lafarge</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">de</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">gb</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89774</cs:csid><pubDate>13 Oct 2009 11:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89774</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">500</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tagMention><title>HeidelbergCement: New Bond Issue Report</title><cs:type xmlns:cs="http://www.alacra.com/cs">SpotlightReport</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Spotlight Report</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">3587</cs:wcnum><description> HeidelbergCement: New Bond Issue Report We comment on HEI's proposed â‚¬#-#.# billion High Yield Bond which was announced yesterday morning. 
The deal may be closer to â‚¬#.# billion than â‚¬# billion and now looks likely...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/514558_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">514558_pr_frame</fitch:docid><guid isPermaLink="false">fitch/514558_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Aggregate Industries plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Holcim Capital (Thailand) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Holcim Ltd</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360560</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82306294</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82489309</fitch:companyid><pubDate>05 Oct 2009 10:12:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030900</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HOLN</fitch:ticker><title>Fitch Assigns Holcim's USD1bn Notes Final 'BBB' Rating</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Building_Materials_Monthly_September_2009-89363</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89363</cs:docid><guid isPermaLink="false">cs/89363</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In the third of a series of regular Monthly articles, we review key events and data releases in the Euro Building Materials &amp; Construction sector during the last eight weeks, and look ahead to October. We also update our RV Opinions.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">bouygues</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">cemex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">grohe</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lafarge</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">vinci</cs:company><cs:companyMention xmlns:cs="http://www.alacra.com/cs">bouygues</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">cemex</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">crh</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">grohe</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lafarge</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">vinci</cs:companyMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89363</cs:csid><pubDate>01 Oct 2009 11:09:55 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89363</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">united_states</cs:region><cs:regionFocus xmlns:cs="http://www.alacra.com/cs">europe</cs:regionFocus><cs:regionMention xmlns:cs="http://www.alacra.com/cs">united_states</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tagMention><title>Euro Building Materials Monthly: September 2009</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroBuildingMaterialsMonthly</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Building Materials Monthly</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">5835</cs:wcnum><description> Euro Building Materials Monthly: September #### In the third of a series of regular Monthly articles, we review key events and data releases in the European Building Materials and Construction sector during the last eight weeks, and...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cemex</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">crh</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">holcim</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lafarge</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">martin_marietta</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_rentals</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">vulcan_materials_company</cs:index_entry_companySector><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/511476_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">511476_pr_frame</fitch:docid><guid isPermaLink="false">fitch/511476_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Aggregate Industries plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Holcim Capital (Thailand) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Holcim Ltd</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82489309</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82306294</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360560</fitch:companyid><pubDate>25 Sep 2009 06:36:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030900</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HOLN</fitch:ticker><title>Fitch Assigns Holcim's USD1bn Notes Expected 'BBB' Rating</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Holcim_Taps_the_Market_with_2_New_Issues-89216</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89216</cs:docid><guid isPermaLink="false">cs/89216</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">holcim</cs:companyFocus><cs:country xmlns:cs="http://www.alacra.com/cs">ch</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">ch</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89216</cs:csid><pubDate>25 Sep 2009 06:09:13 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89216</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Holcim: Taps the Market with 2 New Issues</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">271</cs:wcnum><description> Holcim: Taps the Market with # New Issues HolcimÂ the Swiss Cement maker yesterday announced the issue of two new bonds in the US market through a private placement, its seventh and eighth issues of the year. The bonds (a US$### million...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Holcim_2Q09_Tearsheet-88528</link><cs:docid xmlns:cs="http://www.alacra.com/cs">88528</cs:docid><guid isPermaLink="false">cs/88528</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">TearsheetTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:country xmlns:cs="http://www.alacra.com/cs">ch</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">88528</cs:csid><pubDate>21 Sep 2009 03:09:35 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">88528</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><title>Holcim 2Q09 Tearsheet</title><description> Holcim #Q## Tearsheet Holcim has historically been one of the most geographically diverse of our Euro Building Materials coverage,=, Nonetheless the collapse in the US, UK and Spanish construction markets has had a significant impact...</description><cs:type xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">966</cs:wcnum><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Construction_Jul_09_1_Step_Forward_1_Back-88941</link><cs:docid xmlns:cs="http://www.alacra.com/cs">88941</cs:docid><guid isPermaLink="false">cs/88941</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">In the fifth of a series of regular Monthly articles, we review the latest monthly figures for European Union Construction data and discuss the implications for our European Building Materials and Construction coverage universe.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">cemex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">grohe</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lafarge</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">vinci</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bouygues</cs:company><cs:country xmlns:cs="http://www.alacra.com/cs">es</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">it</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">ie</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">cz</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">pl</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">fr</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">88941</cs:csid><pubDate>21 Sep 2009 03:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">88941</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">homebuilding</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">home_builders</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Construction Jul 09: 1 Step Forward, 1 Back</title><cs:type xmlns:cs="http://www.alacra.com/cs">EuroConstructionDataReport</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Construction Data</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2635</cs:wcnum><description> Euro Construction Jul ##: # Step Forward, # Back In theÂ fifth of a series of regular Monthly articles, we review the latest monthly figures for European Union Construction data and discuss the implications for our European Building...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Building_Materials_Stimulating_Fundamentals-88886</link><cs:docid xmlns:cs="http://www.alacra.com/cs">88886</cs:docid><guid isPermaLink="false">cs/88886</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">This article is a transcript of the Presentation we gave on European Building Materials at CreditSights London September 2009 Conference yesterday, in which we discussed the impact on construction of economic stimulus programs worldwide.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">cboivin</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">saint_gobain</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">cemex</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">heidelbergcement</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lafarge</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">crh</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">vinci</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">grohe</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bouygues</cs:company><cs:country xmlns:cs="http://www.alacra.com/cs">mx</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">it</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">es</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">fr</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">88886</cs:csid><pubDate>16 Sep 2009 11:10:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">88886</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">asia_ex_japan</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">united_states</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">manufacturing</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">high_yield</cs:tag><title>Euro Building Materials: Stimulating Fundamentals</title><cs:type xmlns:cs="http://www.alacra.com/cs">Transcript</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Transcript</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">4979</cs:wcnum><description>This Thomson Financial Investext report contains business intelligence generated by analysts at leading research organizations worldwide. Information provided may include trends, sales and earnings forecasts, market share projections, and research and development expenditures. The database supplements and extends the data found in annual and quarterly reports and is particularly useful for market research, corporate development, competitive analysis, business planning, and financial forecasting.</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><title>Aggregate Industries Ltd acquires Rand Road Surfacing</title><description>UK - Aggregate Industries Ltd acquired Rand Road Surfacing, a civil engineering and road surfacing company. Terms of the deal were not disclosed. Aggregate Industries is a member of Holcim Ltd.</description><pubDate>04 Sep 2009 04:36:26 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">00844R</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">73815M</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">43415K</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">73815M</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Aggregate Industries Ltd</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Rand Road Surfacing</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Holcim Ltd</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Rand Road Surfacing</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Aggregate_Industries_Ltd_acquires_Rand_Road_Surfacing-2104650040</link><guid isPermaLink="false">sdc/2104650040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2104650040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United Kingdom</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Asphalt felts and coatings</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>2952</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Subsidiary</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">1429:Crushed and broken stone, nec</sdc:value><sdc:value sdc:p="1">1442:Construction sand and gravel</sdc:value><sdc:value sdc:p="2">1446:Industrial sand</sdc:value><sdc:value sdc:p="3">1499:Miscellaneous nonmetallic minerals, except fuels</sdc:value><sdc:value sdc:p="4">1521:Single-family housing construction</sdc:value><sdc:value sdc:p="5">1522:Residential construction, nec</sdc:value><sdc:value sdc:p="6">1541:Industrial buildings and warehouses</sdc:value><sdc:value sdc:p="7">1542:Nonresidential building construction, nec</sdc:value><sdc:value sdc:p="8">1611:Highway and street construction</sdc:value><sdc:value sdc:p="9">1622:Bridge, tunnel, and elevated highway construction</sdc:value><sdc:value sdc:p="10">1623:Water, sewer, pipeline &amp; utility line construction</sdc:value><sdc:value sdc:p="11">1629:Heavy construction, nec</sdc:value><sdc:value sdc:p="12">1711:Plumbing, heating and air conditioning</sdc:value><sdc:value sdc:p="13">1731:Electrical work</sdc:value><sdc:value sdc:p="14">1741:Masonry, stone setting, and other stone work</sdc:value><sdc:value sdc:p="15">1742:Plastering, drywall, acoustical &amp; insulation work</sdc:value><sdc:value sdc:p="16">1751:Carpentry work</sdc:value><sdc:value sdc:p="17">1752:Floor laying and other floor work, nec</sdc:value><sdc:value sdc:p="18">1761:Roofing, siding, and sheet metal work</sdc:value><sdc:value sdc:p="19">1771:Concrete work</sdc:value><sdc:value sdc:p="20">1799:Special trade contractors, nec</sdc:value><sdc:value sdc:p="21">2951:Asphalt paving mixtures and blocks</sdc:value><sdc:value sdc:p="22">2952:Asphalt felts and coatings</sdc:value><sdc:value sdc:p="23">3271:Concrete block and brick</sdc:value><sdc:value sdc:p="24">3272:Concrete products, except block and brick</sdc:value><sdc:value sdc:p="25">3273:Ready-mixed concrete</sdc:value><sdc:value sdc:p="26">5032:Brick, stone, and related construction materials</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">2951:Asphalt paving mixtures and blocks</sdc:value><sdc:value sdc:p="1">3241:Cement, hydraulic</sdc:value><sdc:value sdc:p="2">3271:Concrete block and brick</sdc:value><sdc:value sdc:p="3">3272:Concrete products, except block and brick</sdc:value><sdc:value sdc:p="4">3275:Gypsum products</sdc:value><sdc:value sdc:p="5">5032:Brick, stone, and related construction materials</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>United Kingdom</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Asphalt felts and coatings</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>2952</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Private</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>400804003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Mnfr,whl cement</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvds construction svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Unspecified</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1102364001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 4 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Aggregate Industries Ltd,</sdc:value><sdc:value sdc:p="1">located in Leicestershire, UK,</sdc:value><sdc:value sdc:p="2">manufactures and wholesales</sdc:value><sdc:value sdc:p="3">construction aggregates,</sdc:value><sdc:value sdc:p="4">asphalt products, ready-mixed</sdc:value><sdc:value sdc:p="5">concrete and other building</sdc:value><sdc:value sdc:p="6">products. It owns and operates</sdc:value><sdc:value sdc:p="7">quarries, a construction</sdc:value><sdc:value sdc:p="8">company including construction</sdc:value><sdc:value sdc:p="9">of drainage systems, and has</sdc:value><sdc:value sdc:p="10">operations in the UK, US,</sdc:value><sdc:value sdc:p="11">Channel Islands, Norway and</sdc:value><sdc:value sdc:p="12">Northern Europe. The company</sdc:value><sdc:value sdc:p="13">was founded in 1922.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Aggregate Industries Ltd, located in Leicestershire, UK,</sdc:value><sdc:value sdc:p="1">manufactures and wholesales construction aggregates, asphalt</sdc:value><sdc:value sdc:p="2">products, ready-mixed concrete and other building products.</sdc:value><sdc:value sdc:p="3">It owns and operates quarries, a construction company</sdc:value><sdc:value sdc:p="4">including construction of drainage systems, and has</sdc:value><sdc:value sdc:p="5">operations in the UK, US, Channel Islands, Norway and</sdc:value><sdc:value sdc:p="6">Northern Europe. The company was founded in 1922.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Aggregate Industries Ltd, located in Leicestershire, UK, manufactures and wholesales construction aggregates, asphalt products, ready-mixed concrete and other building products. It owns and operates quarries, a construction company including construction of drainage systems, and has operations in the UK, US, Channel Islands, Norway and Northern Europe. The company was founded in 1922.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Rand Road Surfacing, located</sdc:value><sdc:value sdc:p="1">in Liverpool, UK provides</sdc:value><sdc:value sdc:p="2">construction and maintenance</sdc:value><sdc:value sdc:p="3">services of highways and other</sdc:value><sdc:value sdc:p="4">paved areas.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Rand Road Surfacing, located in Liverpool, UK provides</sdc:value><sdc:value sdc:p="1">construction and maintenance services of highways and other</sdc:value><sdc:value sdc:p="2">paved areas.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Rand Road Surfacing, located in Liverpool, UK provides construction and maintenance services of highways and other paved areas.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>02 Sep 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 02 Sep 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 09/02/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFF><sdc:value>02 Sep 09</sdc:value></sdc:i_DATEEFF><sdc:i_DATEEFFS><sdc:value>Date Effective: 09/02/2009</sdc:value></sdc:i_DATEEFFS><sdc:i_DATEUNCON><sdc:value>02 Sep 09</sdc:value></sdc:i_DATEUNCON><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>100.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>100.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">UK - Aggregate Industries Ltd</sdc:value><sdc:value sdc:p="1">acquired Rand Road Surfacing,</sdc:value><sdc:value sdc:p="2">a civil engineering and road</sdc:value><sdc:value sdc:p="3">surfacing company. Terms of</sdc:value><sdc:value sdc:p="4">the deal were not disclosed.</sdc:value><sdc:value sdc:p="5">Aggregate Industries is a</sdc:value><sdc:value sdc:p="6">member of Holcim Ltd.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>UK - Aggregate Industries Ltd acquired Rand Road Surfacing, a civil engineering and road surfacing company. Terms of the deal were not disclosed. Aggregate Industries is a member of Holcim Ltd.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">UK - Aggregate Industries Ltd acquired Rand Road Surfacing, a civil engineering and road</sdc:value><sdc:value sdc:p="1">surfacing company. Terms of the deal were not disclosed. Aggregate Industries is a member</sdc:value><sdc:value sdc:p="2">of Holcim Ltd.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>UK - Aggregate Industries Ltd acquired Rand Road Surfacing, a civil engineering and road surfacing company. Terms of the deal were not disclosed. Aggregate Industries is a member of Holcim Ltd.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">UK - Aggregate Industries Ltd acquired Rand Road Surfacing, a civil engineering and road surfacing company. Terms of the deal were not</sdc:value><sdc:value sdc:p="1">disclosed. Aggregate Industries is a member of Holcim Ltd.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Completed</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Completed</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">2951:Asphalt paving mixtures and blocks</sdc:value><sdc:value sdc:p="1">2952:Asphalt felts and coatings</sdc:value><sdc:value sdc:p="2">3273:Ready-mixed concrete</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>2868002</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Swiss Exch</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Switzerland</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>3241</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>HOLN</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">2951:Asphalt paving mixtures and blocks</sdc:value><sdc:value sdc:p="1">2952:Asphalt felts and coatings</sdc:value><sdc:value sdc:p="2">3273:Ready-mixed concrete</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>1102364001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_NATION><sdc:value>United Kingdom</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>2952</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Private</sdc:value></sdc:upt1_STATUS><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2378266</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2378266</ccbn:docid><guid isPermaLink="false">ccbn/T2378266</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>21 Aug 2009 04:06:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2378266</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of HOLN.S earnings conference call or presentation, 20-Aug-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Holcim Ltd.</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Half Year 2009 Holcim Ltd. Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">HOLN.S</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Half Year 2009 Holcim Ltd. Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Clyde Lewis Citi - Analyst Mike Betts JPMorgan - Analyst Morgan Yah Merrill Lynch - Analyst Mark Stockdale UBS - Analyst John Messenger RBS - Analyst Arnaud Pinatel Exane BNP Paribas - Analyst Larry Meders Goldman Sachs - Analyst Tim Cahill Davy - Analyst Patrick Appenzeller Helvea - Analyst Josep Pujal Keplar - Analyst Tobias Woerner MF Global - Analyst P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Holcim_2Q09_Tough_Trading_But_Strong_Cash_Flow-88135</link><cs:docid xmlns:cs="http://www.alacra.com/cs">88135</cs:docid><guid isPermaLink="false">cs/88135</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">abelton</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">holcim</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lafarge</cs:company><cs:country xmlns:cs="http://www.alacra.com/cs">ch</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">88135</cs:csid><pubDate>20 Aug 2009 06:10:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">88135</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">basic_industries</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">construction_aggregates</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><title>Holcim: 2Q09: Tough Trading But Strong Cash Flow</title><description> Holcim: #Q##: Tough Trading But Strong Cash Flow HolcimÂ Â this morning became the third of our Investment Grade European Building Materials coverage to report #Q## earnings, with a strong cash flow performance in a tough trading environment....</description><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">558</cs:wcnum><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item></channel></rss>