Jan 28- Martin Marietta Materials Inc said it would buy Texas Industries Inc for about $2 billion in stock to strengthen its cement business and increase its presence in high-growth construction markets such as Texas and California. Texas Industries is the largest producer of cement in Texas and a major producer in California.
Jan 28- Construction material supplier Martin Marietta Materials Inc said it would buy Texas Industries Inc for about $2.06 billion in stock. Texas Industries had put itself up for sale as its largest shareholders sought to exit their stakes, Bloomberg had reported in December.
Jan 24- Martin Marietta Materials Inc is in advanced talks to buy construction material supplier Texas Industries Inc, Bloomberg reported, citing people familiar with the matter. The deal could be an all-stock transaction, Bloomberg said, citing a source.
Earnings: A large number of misses this morning. Among industrials and materials, big misses from Cummins, Pitney Bowes, U.S. Steel, and Martin Marietta. Pfizer also missed, though just by a penny.
Take a look at some of Tuesday's morning movers.
Take a look at some of Monday's morning movers.
NEW YORK-- The shares of at least four homebuilders hit new highs and construction materials companies got a boost as well Wednesday from the release of a new report showing that U.S. builders started construction on homes in September at the fastest rate since July 2008, another sign of a recovering housing market.
Oct 8- Martin Marietta Materials Inc:. *Sterne Agee raises Martin Marietta Materials price target to $99 from. Reuters Station users, click. 1568.
Sydney, Oct 3- Metallica Minerals Ltd:. *Mou strategic alliance- KBM Afflilps. *Says strategic alliance with KBM for scandium supply- and aluminium-scandium.
Take a look at some of Friday’s morning movers:
Allscripts Healthcare Solutions is enacting a shareholder rights plan — or “poison pill” — to help it ward off an opportunistic takeover bid, even before an offer emerges.
Everything's closed! It's May Day, there are rallies across Europe, everything except the U.K. and Irish markets are closed.
Martin Marietta Materials landed on the trader radar after the company made an aggressive move to acquire a rival.
A fresh round of concern over European debt combined with some downbeat news out of the technology sector to send U.S. stocks sharply lower Monday.
A leader early, energy stocks have turned sharply negative as crude oil has pulled back, falling 3 percent on the day. That move has helped pull down the broader markets to session lows in the last hour of trading.
Here's why you should keep a close eye on these six stocks.
Stocks closed mixed a day after hitting multiyear highs despite positive economic news and after word the Federal Reserve didn't believe the economy had improved enough by December to alter its economic stimulus program.
Stocks gained some strength in the final hour of trading, but remained mixed after news the Federal Reserve didn't believe the economy had improved enough by December to alter its economic stimulus program. Alcoa and Walt Disney rose, while McDonald's fell.
Stocks declined Tuesday, despite a handful of positive retail earnings reports, as European debt troubles continue to worry investors. Mark Arbeter, chief technical strategist at S&P, and James Dailey, CIO and senior portfolio manager at Team Asset Strategy Fund, shared their insights.
With health care stocks higher on Monday and reform solidly through Congress, is everything all priced in?