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Stock Market & Financial Investment News

News Breaks
January 24, 2014
14:42 EDTVMC, MLM, TXITexas Industries in talks on sale to Martin Marietta, Bloomberg says
Texas Industries (TXI) is in talks to sell itself to Martin Marietta (MLM), reports Bloomberg, citing people with knowledge of the matter. In December 2011, Martin Marietta attempted a hostile bid for Texas Industries peer, Vulcan Materials (VMC). Following the report, shares of Texas Industries are up 10%, while Martin Marietta shares are up 2.2%, and Vulcan shares are off their worst levels of the session, but still down about 1%. Reference Link
News For TXI;MLM;VMC From The Last 14 Days
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December 16, 2014
09:59 EDTVMCOn The Fly: Analyst Upgrade Summary
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05:15 EDTMLMMartin Marietta downgraded to Buy from Conviction Buy at Goldman
Goldman Sachs downgraded Martin Marietta Materials to Buy from Conviction Buy after lowering its pricing and volume estimates in Texas to reflect reduced oil prices. Goldman cut its price target for shares to $130 from $159.
05:13 EDTVMCVulcan Materials upgraded to Conviction Buy from Neutral at Goldman
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