Vulcan Materials News

Martin Marietta Materials Inc may have little chance for success when it goes to Delaware's Supreme Court on Thursday for what could be a last-gasp attempt to revive its $4.5 billion hostile bid for Vulcan Materials Co .

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.

JPMorgan , the poorest performing blue chip, had a bad case of the Mondays, falling 2.93% after noted London School of Economics attendee Mick Jagger made fun of the firm on Saturday Night Live .

Several other analysts have also recently commented on the stock. Analysts at RBC Capital upgraded shares of Vulcan Materials Company from a "sector perform" rating to an "outperform" rating in a research note to investors on Thursday, May 10th.

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.

Ted Baker , who made a fortune when he sold his quarry business to Vulcan Materials in 2007 and a former trustee of Davidson College , has given $25 million to the private college near Charlotte for The Davidson Trust.

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)

Martin Marietta Materials Inc's appeal of a lower court ruling that halted its $5 billion hostile tender for Vulcan Materials Co was postponed to May 31, the day before a key Vulcan shareholders meeting.

Shares of North Carolina-based Martin Marietta Materials , a producer of granite, limestone, sand, gravel, and other products used for construction and infrastructure projects, plunged 8.2% today on volume that was roughly eight times the daily average after Greenlight Capital's David Einhorn made negative comments about the company at the Ira Sohn ... (more)

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.

A hostile takeover battle between the nation's two largest suppliers of construction aggregates -- one of the chief ingredients of concrete -- was put on a four-month hiatus by a Delaware court on May 14.

A number of other firms have also recently commented on VMC. Analysts at Zacks reiterated a "neutral" rating on shares of Vulcan Materials Company in a research note to investors on Friday, April 27th.

FromA WoodbridgeA Potomac Communities Civic Association: TheA WoodbridgeA Potomac Communities Civic Association awardedA BeautificationA Awards to four local businesses for their efforts to improve the aesthetics of theA WoodbridgeA District.

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.

DigitalGlobe turns down a hostile bid worth $792 million from GeoEye , describing it as one that both "substantially undervalues the company" and its financial prospects.

Takeovers now seem less likely to work, but investor reaction to stalled premium share bids has been muted.

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 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.