Martin Marietta Materials News

Vulcan Materials Co . said today that the Delaware Court of Chancery has denied Martin Marietta Materials Co .'s request to lift a ruling that forces the Raleigh, N.C.-based company to suspend its takeover attempt of its Birmingham rival.

The order blocks Raleigh-based Martin Marietta from moving forward with a hostile takeover until at least Sept.

Construction materials maker Vulcan Materials Co said a court has denied smaller rival Martin Marietta Materials Inc's motion for a stay on an order barring it from pursuing a $5.3 billion hostile takeover of Vulcan for the next four months.

The Job Creators Alliance - a coalition of business leaders and entrepreneurs - has started airing ads in North Carolina arguing that "excessive regulations are costing us jobs." "We need reforms that reduce taxes, produce real jobs and reward success," Steve Zelnak , the former CEO of Martin Marietta Materials, says in the ad.

Martin Marietta Materials opened at 77.62 on Thursday. Martin Marietta Materials has a 52-week low of $59.93 and a 52-week high of $90.57. The company has a market cap of $3.547 billion and a price-to-earnings ratio of 61.21. Martin Marietta Materials last posted its quarterly earnings results on Tuesday, May 1st.

A maze of conveyor belts tranports sand, gravel and rocks to different screening towers and crushers at the Vulcan Materials Company's Reliance Plant on the Azusa/Irwindale border on Thursday, February 2, 2006.

U.S. stocks are under pressure after angry voters in Greece and France rejected painful budget cuts demanded by international lenders.

ARM Holdings plc : Piper Jaffray views shares of ARM Holdings as compelling and said it would be aggressive buyers of the stock at current levels.

A Delaware judge's unusual decision to suspend a hostile takeover bid had a strong message for the deals community: Confidentiality agreements count.

Martin Marietta Materials Inc is barred for four months from pursuing its proxy contest and $5.3 billion hostile bid for construction materials maker Vulcan Materials Co, a Delaware judge ruled on Friday.

Martin Marietta Materials Inc was barred for four months from pursuing its proxy contest and $5.3 billion hostile bid for rival construction materials maker Vulcan Materials Co, a Delaware judge ruled on Friday.

Inc. reported higher sales of aggregate materials in the first quarter as a result of an uptick in construction activity.

Vulcan Materials Co . has sent a letter to its shareholders urging them not to vote for board candidates advanced by Martin Marietta Materials , which has launched a hostile takeover bid for the Birmingham company.

Martin Marietta Materials said today it has mailed ballots to shareholders of Birmingham rival Vulcan Materials aimed at ousting directors of the Magic City company.

Martin Marietta Materials and Vulcan Materials are establishing their battle positions ahead of Vulcan's annual shareholders' meeting June 1. In a letter sent Monday to Vulcan shareholders, Martin Marietta CEO Ward Nye says Vulcan's preliminary proxy statement makes unfounded assertions and misleading statements about Martin Marietta's hostile ... (more)

The San Marcos City Council unanimously voted Tuesday to allow a construction materials company to purchase a portion of the city's water from the Edwards Aquifer through the end of the year.

In a letter sent Monday to Vulcan Materials shareholders, Martin Marietta Materials CEO Ward Nye says Vulcan's preliminary proxy statement makes unfounded assertions and misleading statements about Martin Marietta's merger proposal.