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Martin Marietta Complies

MMMVMMay 15, 2012 – Martin Marietta Materials, Inc. announced that in accordance with the decision of the Delaware Court of Chancery on May 4, 2012, the Court of Chancery today issued an order implementing its decision which until Sept. 14, 2012, enjoins Martin Marietta from, among other things, pursuing Martin Marietta's exchange offer for shares of Vulcan Materials Company, prosecuting Martin Marietta's proxy contest at Vulcan's 2012 annual meeting of shareholders, and otherwise taking steps to acquire control of Vulcan shares or assets. 

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Net Sales Up for Martin Marietta

mmmMay 7, 2012 – Martin Marietta Materials reported that revenue in the first quarter rose to $394 million from $327.9 million a year ago, as net sales rose 21 percent to $350.5 million.

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Judge Rules in Martin Marietta-Vulcan Case

vulcanMay 5, 2012 – Big news just in from Delaware. A judge has blocked Martin Marietta Materials Inc. from making a hostile bid for Vulcan Materials Co., ruling Martin Marietta violated a confidentiality agreement it had with Vulcan. 

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Baby it's Coal Outside

mclanahanMay 3, 2012 – Blogging live this week from the Coal Prep show in Lexington, Ky. A few years ago this was called Coal and Agg Prep, but the aggregates portion didn't catch on.

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Construction Growth Projected

pca-longApril 30, 2012 – Good news just in from the Portland Cement Association (PCA). Stronger than expected job creation and the beginning of a construction industry recovery means that gains in real construction spending will materialize this year—after seven years of consecutive declines. Increases in cement consumption will follow. PCA revised its fall forecast upward, anticipating a modest 3.7 percent increase in 2012, followed by a 7.6 percent jump in 2013 and a 14.1 percent increase in 2014. 

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