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Stock Market & Financial Investment News

News Breaks
December 4, 2012
17:07 EDTTRN, TXITrinity Industries subsidiary acquires certain operations of Texas Industries
Trinity Industries (TRN) announced that its subsidiary, Trinity Materials has entered into an agreement to acquire certain operations of Texas Industries (TXI) that are located in Texas, Colorado, and California. The transaction is expected to close before year-end. Further details regarding the transaction will be provided upon closing. As part of the transaction, Transit Mix Concrete and Materials Company, also a subsidiary of Trinity Industries will transfer to Texas Industries its remaining ready mix operations located in the East Region of Texas and parts of Arkansas. Once this transaction is complete, Trinity will no longer own any ready-mix concrete businesses.
News For TRN;TXI From The Last 14 Days
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October 1, 2014
07:38 EDTTRNRailcar, oil groups push back over crude-train deadlines, WSJ says
The Association of American Railroads, which represents oil and freight haulers, and the American Petroleum Institute, the lobbying group for oil companies, told the U.S. Transportation Department that they need more than two years to build safer railcars to haul crude, pushing back against some proposed federal rules, reported The Wall Street Journal. Rail car makers include Trinity Industries (TRN), FreightCar America (RAIL), American Railcar Industries (ARII) and Greenbrier (GBX). Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
September 18, 2014
07:38 EDTTRNTrinity Industries management to meet with UBS
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