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-0.00213464956830883 -0.00213464956830883 -0.00204735906551543 0.00190452006094471 0.00449149314372785 0.00708640172676472 0.00860208227526657 0.00852272727272728
Stock impact report

Martin Marietta Stock Poised to Gain From Quikrete Deal [Yahoo! Finance]

Martin Marietta Materials, Inc. (MLM) 
Last martin marietta materials, inc. earnings: 2/11 06:57 am Check Earnings Report
US:NYSE Investor Relations: ir.martinmarietta.com
Company Research Source: Yahoo! Finance
This transaction is designed to sharpen Martin Marietta's core focus on aggregates while bolstering its financial flexibility with a sizable cash infusion. Shares of Martin Marietta have gained 1.3% during the trading session yesterday. MLM's Strategic Shift Toward Aggregates Under the agreement, Martin Marietta will acquire aggregate operations producing roughly 20 million tons annually across Virginia, Missouri, Kansas and Vancouver, British Columbia. These additions will expand the company's geographic reach and deepen its presence in high-growth infrastructure and construction markets. Aggregates are the backbone of Martin Marietta's business, carrying higher margins and longer demand visibility than cement and ready-mixed concrete. The shift underscores management's intent to concentrate resources on areas where it enjoys competitive strength. Strengthened Balance Sheet & Growth Outlook In addition to the new operations, Martin Marietta will receive $450 million in cash Show less Read more
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