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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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July 30, 2014
11:16 EDTTRNTrinity Industries sees demand increasing due to new regulations
Comment made on Q2 results conference call.
July 29, 2014
18:35 EDTTRNOn The Fly: After Hours Movers
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16:32 EDTTRNTrinity Industries raises 2014 EPS outlook to $3.90-$4.10 from $3.50-$3.75
Consensus $3.76.
16:31 EDTTRNTrinity Industries reports Q2 EPS $1.01, consensus 77c
Reports Q2 revenue $1.5BM, consensus $1.35B. The company said, "Consolidated revenues increased 39% year-over-year and net earnings nearly doubled, outpacing revenue growth by a wide margin. The amount of operating leverage we obtained and the record $6.5 billion backlog in our major businesses at the end of the second quarter were impressive."
08:28 EDTTXIMartin Marietta sees Texas Industries acquisition accretive to EPS in FY14
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July 23, 2014
11:18 EDTTRNDoT proposes phase out of older DOT 111 tank cars for certain flammable liquids
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