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Stock Market & Financial Investment News

News Breaks
April 6, 2014
14:38 EDTLFRGY, VMC, MLM, TXI, EXP, CXEuropean cement makers Lafarge, Holcim approve $50B merger, WSJ says
Two of the world's largest cement makers, France's Lafarge (LFRGY) and Switzerland's Holcim agreed to a $50B merger, says the Wall Street Journal. The cement companies' boards met separately on Saturday and approved the deal, added the Wall Street Journal. Other names in the cement and buildings materials space include Vulcan Materials (VMC), Martin Marietta (MLM), Texas Industries (TXI), Eagle Materials (EXP) and CEMEX (CX). Reference Link
News For LFRGY;VMC;MLM;TXI;EXP;CX From The Last 14 Days
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August 18, 2014
08:03 EDTMLM, TXI, VMCMartin Marietta completes divestures required by DOJ
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08:00 EDTVMCVulcan Materials acquires aggregates operations in Dallas market
The company has completed the acquisition of one quarry in southern Oklahoma with rail distribution capabilities into Texas and two distribution yards in the Dallas area from Martin Marietta Materials, for cash and real property.
August 14, 2014
12:46 EDTCXCEMEX to invest $340M in new Colombia CLH cement plant
CEMEX announced that its subsidiary, CEMEX Latam Holdings, will begin the construction of a cement plant in Colombia. The total investment is expected to reach approximately $340M and to increase CLHs cement production capacity in Colombia from 4.5M to close to 5.5M tons per year. The first phase of this project includes the construction of a new grinding mill that is expected to start cement production during the second quarter of 2015. The rest of the plant will be completed during the second half of 2016. The plant will operate using modern and efficient technology to comply with high quality and environmental standards.
August 8, 2014
09:39 EDTCXCEMEX management to meet with JPMorgan
Meeting to be held in Boston on August 13 hosted by JPMorgan.

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