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Stock Market & Financial Investment News

News Breaks
December 11, 2012
09:14 EDTMLMMartin Marietta upgraded to Buy from Neutral at Longbow
Longbow upgraded Martin Marietta based on an improving pricing outlook. Price target is $113.
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April 23, 2014
17:40 EDTMLMMartin Marietta receives HSR filing second request in proposed combination
Martin Marietta Materials (MLM), announced today that, as expected, the company received a second request as discussions with the Department of Justice continue regarding a resolution in relation to its Hart-Scott-Rodino Antitrust Improvement Act filing, or HSR, in the proposed combination with Texas Industries (TXI). The company is hopeful a resolution will be reached that does not involve either the companyís or TXIís Texas-based quarries serving the Dallas/Fort Worth, metroplex, and that provides benefit to both our customers and our business. While the company is not in a position to publicly respond to any specific possible resolution, we believe any HSR issues will not be material. Further, the companyís views as to the DOJ resolution remain the same as they were when the transaction was first announced and we remain confident the transaction will proceed on the original timetable with an expected close this summer.

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