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Stock Market & Financial Investment News

News Breaks
March 7, 2014
13:50 EDTVMCVulcan Materials sees FY14 gain of $1.00 per share from sale of cement busines
Vulcan Materials announced that it has completed the previously announced sale of the company's cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720M. Under a separate supply agreement, Vulcan will continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years. The completion of the asset sale to Cementos Argos and related restructuring and other transaction-related expenses are expected to result in a pretax gain of approximately $210M, or $1.00 per diluted share for 2014.
News For VMC From The Last 14 Days
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July 18, 2014
16:38 EDTVMCVulcan Materials files to sell 689,592 shares of common stock for holders
July 14, 2014
10:00 EDTVMCOn The Fly: Analyst Downgrade Summary
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08:07 EDTVMCVulcan Materials appoints J. Thomas Hill as CEO
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07:00 EDTVMCVulcan Materials downgraded to Sector Perform from Outperform at RBC Capital
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July 11, 2014
12:08 EDTVMCVulcan Materials increases quarterly dividend to 6c per share
The board of Vulcan Materials Company declared a quarterly dividend of 6c per share on its common stock payable September 10 to shareholders of record August 27. CEO Don James said, "This new quarterly dividend represents the second increase this year and reflects our confidence in our business, which continues to generate improving operating earnings and cash flows."

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