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...The Ireland-based company announced on Tuesday it was buying assets from US rival Martin Marietta for $2.1bn, and upgraded its profit forecast for the second time this year....
...The gap between US companies and international ones remains significant. As examples, the share prices of Martin Marietta Materials and Vulcan Materials have more than doubled in the past five years....
...the crisp company....
...Smaller US-listed peer Martin Marietta trades at 24 times expected earnings. Vulcan Materials at 31 times. Valued on such multiples, the £32bn CRH might have a market capitalisation of £66bn....
...That bodes well for the likes of Vulcan Materials, Martin Marietta Materials and Mexico’s Cemex....
...She predicts a boom for aggregates companies that provide materials for road building, such as Vulcan Materials and Summit Materials as well as Martin Marietta....
...and Martin Marietta, which ended the session up 9 cent and 7.7 per cent, respectively, in the material sector....
...Clown car maker Aston Martin needs more money....
...Materials stocks enjoyed a 1 per cent bounce but the jump was powered by chemicals companies rather than construction materials companies, such as Martin Marietta Materials and Vulcan Materials, as investors...
...Martin Marietta Materials, which produces materials used in the construction of highways and infrastructure, rose 5.4 per cent to $213.80. Vulcan Materials moved 4.6 per cent higher to $121.86....
...The media company’s Hollywood studio won several awards for Martin McDonagh’s acclaimed film Three Billboards Outside Ebbing, Missouri, including best actress for Frances McDormand....
...Martin Marietta Materials was up 4 per cent, while Vulcan Materials rose 3.5 per cent and USG Corp was up 2.2 per cent....
...The day after Trump’s election, shares in Alabama-based Vulcan Materials posted their biggest one-day price gain since the stock went public in January 1972, up 9.9 per cent; Martin Marietta Materials, based...
...On the US side, we found that CalPortland and Cemex have a strong local presence in cement, ready-mix (RMX) and aggregates, while Martin Marietta and Vulcan have significant aggregate operations in the area...
...Three years ago, Martin tried and failed to merge with arch-rival Vulcan Materials. Martin’s response with this Texas deal is to dive into the adjacent cement market....
...However, investors following his call to sell the stock of Martin Marietta Materials, a construction company boosted by government stimulus spending, would have lost 66 per cent of their money, and a favoured...
...When Delaware Chancery Court judge Leo Strine Jr on Friday night released his long-awaited opinion on the legality of Martin Marietta Materials’ hostile $5.4bn bid for Vulcan Materials, he added another...
...In deal news, Vulcan Materials , producer of construction materials, jumped 10.7 per cent to $46.46 after an analyst at Sterne Agee wrote that the rival Martin Marietta is “fairly likely” to renew its share...
...Martin Marietta, the US construction materials company, increased the pressure in its hostile bid for Vulcan Materials on Tuesday by accusing its rival of mismanaging the company and misleading investors...
...It has been a long and winding road indeed for Martin Marietta and Vulcan Materials....
...Martin Marietta, a US construction company, saw its hostile bid for rival Vulcan Materials blocked. But going hostile is still being recommended....
...If Martin Marietta succeeds in its hostile offer for Vulcan, valuing the construction materials maker at $38 a share, or $4.9bn, it will be picking up such assets at 1.3 times book value, near the lowest...
...Executives at Vulcan Materials, the building materials company, have urged shareholders to reject a $4.9bn bid for the company from rival Martin Marietta, arguing that the hostile offer is illegal, inadequate...
...Martin Marietta, the building materials company, has made an unsolicited $4.7bn stock offer for its larger rival Vulcan Materials, in a bid to create a global leader in the construction aggregates industry...
...Last week Roche made a $5.7bn hostile bid for Illumina, a genetic sequencing specialist, while Martin Marietta remains in pursuit of construction aggregates rival Vulcan Materials, having launched a $4.8bn...
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