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Vulcan Materials Commences Tender Offer for Up to $275M Principal Amount of its Outstanding Notes
Tuesday, May 31, 2011 - 2:53pm | 62Read More...Vulcan Materials Company (NYSE: VMC) announced today that it has commenced a tender offer for up to $275 million aggregate principal amount of its 5.60% senior notes due 2012 and 6.30% senior notes due 2013. The terms and conditions of the tender offer are set forth in an Offer to Purchase and...
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Vulcan Materials Announces $1.0 Billion Senior Note Offering
Tuesday, May 31, 2011 - 2:45pm | 81Read More...Vulcan Materials Company (NYSE: VMC) announced today that it intends to offer, subject to market and other conditions, $1.0 billion in aggregate principal amount of senior unsecured notes due 2016 and senior unsecured notes due 2021. Vulcan Materials intends to use the net proceeds from this...
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Puts Purchased on CEMEX, S.A.B. (CX)
Thursday, May 19, 2011 - 11:42am | 134Read More...Shares of CEMEX, S.A.B. (NYSE: CX) are higher on the session by 0.18%, currently trading at $8.29. The stock has been moving largely lower over the past five months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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On This Day – 5 Stocks For Elizabeth (RHT, FTE, RDS, HW, CHOP)
Tuesday, May 10, 2011 - 11:13am | 329Read More...On May 10, 1794, French Princess Elizabeth, the sister of King Louis XVI, was beheaded. It wasn't, it's probably fair to say, the best day she ever had. A royalist (her being a Princess and all), she viewed the French revolution as the incarnation of evil on Earth and, after bringing in foreign...
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Headwaters (NYSE: HW) Reports EPS of $(0.94) vs. $(0.93) Estimate; Revenues $127.1M vs. $131.1M Estimate
Monday, May 9, 2011 - 6:49am | 114Read More...HEADWATERS (NYSE: HW) today announced results for its March 31, 2011 quarter, the second quarter of fiscal 2011. Second Quarter Fiscal 2011 Summary The Company's second quarter 2011 revenue of $127.1 million decreased 1% compared to $128.2 million for the quarter ended March 31, 2010. Adjusted...
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J.P. Morgan Adjusts EXP F2012 Estimates
Friday, May 6, 2011 - 8:31am | 105Read More...J.P. Morgan is trimming its Eagle Materials Inc. (NYSE: EXP) 2012 estimates primarily “to reflect lower margins as higher fuel, freight, and fiber costs could offset any benefit from newly implemented price increases and continued cost-containment efforts,” J.P. Morgan writes. “Our new estimates...
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J.P. Morgan Comments On VMC Q1 Results
Thursday, May 5, 2011 - 9:11am | 122Read More...J.P. Morgan is providing its initial take on Vulcan Materials Company's (NYSE: VMC) Q1 results. “Q1 EPS was -$0.50, in line with consensus, and below our -$0.38, due to a ~$15mm shortfall on the top line (vs. our estimate), as well as slightly lower EBIT margin (-670bps) than we forecast,...
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Jefferies Discusses Earnings From Vulcan Materials (VMC)
Thursday, May 5, 2011 - 9:09am | 171Read More...Jefferies & Co. has a Buy rating and a $52 price target on shares of Vulcan Materials (NYSE: VMC) following earnings. In a note to investors, Jefferies writes, "The Q1 loss of $0.42 included $0.20 of one-off gains. Excluding these the loss of $0.62 was double Jefferies estimate of $0.31, and $...
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Martin Marietta Materials Reports EPS of $(0.39) vs. $(0.37) Estimate; Revenues $306.2M vs. $338.98M Estimate
Tuesday, May 3, 2011 - 8:15am | 23Read More...Martin Marietta Materials (NYSE: MLM) Reports EPS of $(0.39) vs. $(0.37) Estimate; Revenues $306.2M vs. $338.98M Estimate
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Texas Industries Appoints Jamie Rogers as COO
Thursday, April 28, 2011 - 4:55pm | 67Read More...Texas Industries, Inc. (NYSE: TXI) today announced changes to its executive management team to support the implementation of its long-term strategy. Jamie Rogers has been named Vice President and Chief Operating Officer and will report to Mel Brekhus, President and CEO. Rogers previously served...
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Fast Money Picks For April 26th (X, CX, DIA, GLW, JPM)
Tuesday, April 26, 2011 - 7:49pm | 297Read More...On CNBC's Fast Money, Stephen Weiss recommended a short position in United States Steel Corporation (NYSE: X). He said that United States Steel Corporation (X) posted one of the worst quarters he has ever seen. The price went up, the volume went up, but it still managed to lose money on every...
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Top Performing Industries For April 21 (UNH, POOL, AAPL, CRH)
Thursday, April 21, 2011 - 10:14am | 182Read More...At 10:10 am, the Dow gained 0.05% to 12,459.25, the broader Standard & Poor's 500 index moved up 0.28% to 1,334.02 and the NASDAQ composite index rose 0.32% to 2,811.40. The industries that are driving the market today are: Health Care Plans: This industry jumped 4.12% by 10:10 am. The top...
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Puts Purchased on CEMEX, S.A.B. (CX)
Friday, April 15, 2011 - 11:28am | 127Read More...Shares of CEMEX, S.A.B. (NYSE: CX) are lower on the session by 0.11%, currently trading at $8.75. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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TXI Declares Quarterly Dividend of $0.75
Wednesday, April 13, 2011 - 1:07pm | 34Read More...The Board of Directors of Texas Industries, Inc. (NYSE: TXI) today declared a cash dividend of $.075 per common share payable May 31, 2011 to shareholders of record May 6, 2011.
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Top Performing Industries For April 13 (SIFY, IN, CRH, MGM)
Wednesday, April 13, 2011 - 10:14am | 205Read More...At 10:05 am, the Dow rose 0.28% to 12,297.48, the broader Standard & Poor's 500 index moved up 0.25% to 1,317.45 and the NASDAQ composite index surged 0.61% to 2,761.41. The industries that are driving the market today are: Internet Service Providers: This industry jumped 1.94% by 10:05 am....

