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Stock Market & Financial Investment News

News Breaks
February 22, 2013
08:22 EDTEXPEagle Materials upgraded at Sterne Agee
As previously reported, Sterne Agee upgraded Eagle Materials to Buy from Neutral. The firm upgraded shares citing valuation. Price target is $70.
News For EXP From The Last 14 Days
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May 4, 2015
19:45 EDTEXPHolcim, Lafarge reach divestiture agreement with FTC
The Federal Trade Commission reports that Holcim (HCMLY) and Lafarge (LFRGY) have agreed to divest plants, terminals, and a quarry to settle FTC concerns that their proposed merger could harm competition. The FTC alleged that the merger had the ability to harm competition in 12 markets for portland cement, and in two additional markets for slag cement. Under the terms of the proposed consent agreement, among other agreements with non-public companies, Holcim will divest to Eagle Materials (EXP) its Skyway slag cement plant in Chicago. The proposed agreement includes a "hold separate" order to ensure that Holcim and Lafarge act independently and maintain the relevant assets until they are divested. The proposed agreement allows the Commission to appoint a monitor to oversee the merging parties’ compliance with their obligations. The agreement will be subject to public comment through June 4, after which the Commission will decide whether to make the proposed consent order final. Reference Link
April 29, 2015
10:08 EDTEXPHigh option volume stocks
High option volume stocks: IG R CLNE BWLD XPO RCII MDRX EXP OTEX BRFS

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