Martin Marietta Materials News

Members of the founding family of Vulcan Materials Co. have sued Chief Executive Don James and directors, saying they erred in not accepting a buyout offer made by rival Martin Marietta Materials.

Greenlight Capital's David Einhorn made an impression at the annual Sohn Investment Conference last Wednesday in New York after his bearish mention of Martin Maretta Materials caused shares of the construction-aggregates maker toA plummetA over 10 percent in just minutes.

Martin Marietta Materials appeal of a recent Delaware court ruling will be heard May 31, the day before Vulcan Materials holds its annual shareholders' meeting.

During a three-hour tour, the quarry's most notable characteristic was its sheer vastness, gaping 200 feet downward and three quarters of a mile from east to west.

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The hostile takeover battle between Martin Marietta Materials and Vulcan Materials so far has been mainly a clash of legal issues, but buried in the crushed stone of the recent 138-page opinion of the Delaware Chancery Court on the battle is a little gem that is important to the future of Birmingham's economy: where a combined company would be ... (more)

Stocks fell on Friday, with the NYSE composite stock index turning negative for the year as Facebook Inc stumbled in its market debut and investors were cautious ahead of a G8 summit on the weekend expected to address Europe's debt crisis.

In recent years, traders and investors have increasingly turned to social media to discuss their investments.

Investor David Einhorn built his reputation as a hedge fund industry superstar through targeted presentations that took on companies like Lehman Brothers, MBIA and Green Mountain Coffee Roasters .

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Martin Marietta Materials Inc on Wednesday won an expedited appeal of a Delaware court ruling halting its $5 billion hostile offer to buy Vulcan Materials Inc .

Einhorn says he has a lot of stocks to talk about, starts with Martin Marietta Materials, which he says has "lots of problems." Einhorn calls MLM CEO a "degree in megalomania"Einhorn just pulled out a magic wand and I'm pretty sure made a Harry Potter reference.

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.