Martin Marietta
Martin Marietta releases successful fourth-quarter, full-year results
Martin Marietta released the reports for its fourth quarter and full year ending Dec. 31, 2014. In fourth quarter 2014, earnings per diluted share were 94 cents compared to 77 cents in fourth quarter 2013. Consolidated net sales were $779.5… Keep Reading
2014/15 State of the Industry
Large industry mergers lead the news as the aggregate industry’s outlook continues to climb. The North American aggregates industry is in good shape based on recent aggregate production trends and predictions of near-term construction growth. And the nation’s two largest… Keep Reading
Martin Marietta unveils rebranded name, site
Martin Marietta has been rebranded, including a new name, logo and website, says Ward Nye, president, CEO and chairman at Martin Marietta. The company is now known as “Martin Marietta,” and its new site includes a product calculator, featured safety… Keep Reading
Martin Marietta-Texas Industries merger approved by shareholders
Shareholders from both Martin Marietta Materials Inc. and Texas Industries overwhelmingly approved the proposed combination of the two companies at their respective meetings. According to a press release, more than 99 percent of the shares voting at the Texas Industries… Keep Reading
Weather slows Martin Marietta but quarterly net sales still up
Martin Marietta Materials Inc. reported a 4-percent net sales increase Tuesday, when the company released its second-quarter performance results. Pricing growth of all aggregates products and a quarterly net sales record the company's Specialty Products business established drove Martin Marietta's… Keep Reading
Martin Marietta reports first-quarter results
Martin Marietta Materials Inc. released its first-quarter report today, noting that the company's results were in line with management's expectations for the winter months. “Due to a more normal winter weather pattern, and in fact, more severe and extended in… Keep Reading
The crazy task of reporting quarterly numbers
My wife works at a newspaper, and she was telling me that a young business reporter had written a long story about a local bank's second-quarter earnings -- taking all of the information directly from the bank's earnings report. The… Keep Reading
Martin Marietta-Vulcan ruling explained further
Bloomberg reports that the Delaware Supreme Court has expanded on a May 31 ruling, concluding in a 42-page explanatory opinion that a lower court properly found Martin Marietta Materials Inc. could not proceed with a hostile takeover of Vulcan Materials… Keep Reading
Competitive fires
Martin Marietta Materials' takeover bid for Vulcan Materials has strengthened the competitive fire between the nation's two largest aggregate producers. And understandably so. The companies have been going at each other pretty good lately, since Martin Marietta announced its intentions on Dec.… Keep Reading
