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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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August 19, 2014
07:42 EDTTRNTrinity Industries has compelling valuation and catalysts, says KeyBanc
KeyBanc said Buy rated Trinity is well positioned coming out of Q2 earnings given compelling industry catalysts that include freight demand driven by energy end markets, regulatory driven extension of the tank car cycle, additional fleet sales, and capital deployments. The firm views Trinity as its highest quality railcar OEM and raises its price target to $55 from $53.
August 18, 2014
08:03 EDTTXIMartin Marietta completes divestures required by DOJ
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August 14, 2014
17:27 EDTTRNAppaloosa gives quarterly update on stakes
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