Edition:
India

Martin Marietta Materials Inc (MLM.N)

MLM.N on New York Stock Exchange

219.33USD
23 May 2018
Change (% chg)

$3.20 (+1.48%)
Prev Close
$216.13
Open
$214.53
Day's High
$219.47
Day's Low
$214.53
Volume
187,912
Avg. Vol
148,063
52-wk High
$241.15
52-wk Low
$189.40

Latest Key Developments (Source: Significant Developments)

Martin Marietta Materials - On April 25, Corp Got Order At Its Bedrock Quarry In Center Point, Texas
Friday, 11 May 2018 

May 10 (Reuters) - Martin Marietta Materials Inc ::MARTIN MARIETTA MATERIALS - ON APRIL 25, CORPORATION GOT ORDER ISSUED BY MSHA AT ITS BEDROCK QUARRY IN CENTER POINT, TEXAS.MARTIN MARIETTA MATERIALS - MSHA'S ORDER STATED A CUSTOMER TRUCK DRIVER WAS ON TOP OF THE LOADED TRAILER AT BEDROCK QUARRY WITHOUT WEARING FALL PROTECTION.MARTIN MARIETTA MATERIALS SAYS NO ONE WAS INJURED IN CITED INCIDENT AT ITS BEDROCK QUARRY IN CENTER POINT, TEXAS - SEC FILING.  Full Article

Martin Marietta Materials Issues $300 Mln Floating Rate Senior Notes Due 2019
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - Martin Marietta Materials Inc ::MARTIN MARIETTA MATERIALS SAYS ISSUED $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF FLOATING RATE SENIOR NOTES DUE 2019 - SEC FILING.MARTIN MARIETTA MATERIALS INC SAYS ALSO ISSUED $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.500% SENIOR NOTES DUE 2027.MARTIN MARIETTA MATERIALS INC SAYS ALSO ISSUED $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.250% SENIOR NOTES DUE 2047.MARTIN MARIETTA MATERIALS INC SAYS THE 2019 FLOATING RATE NOTES WILL MATURE ON DECEMBER 20, 2019.MARTIN MARIETTA MATERIALS INC SAYS THE 2027 FIXED RATE NOTES WILL MATURE ON DECEMBER 15, 2027 AND WILL HAVE AN INTEREST RATE OF 3.500%.MARTIN MARIETTA MATERIALS INC SAYS 2047 FIXED RATE NOTES WILL MATURE ON DECEMBER 15, 2047 AND WILL HAVE AN INTEREST RATE OF 4.250%.MARTIN MARIETTA SAYS OFFERING'S PROCEEDS EXPECTED TO BE USED TO REFINANCE IN FULL AT MATURITY $300 MILLION AMOUNT OF CO'S EXISTING 6.60% SENIOR NOTES DUE 2018.  Full Article

Martin Marietta Announces Pricing Terms Of Debt Offering
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Martin Marietta Materials Inc ::MARTIN MARIETTA ANNOUNCES PRICING TERMS OF DEBT OFFERING.MARTIN MARIETTA MATERIALS INC - PRICING OF ITS OFFERING OF $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF FLOATING RATE SENIOR NOTES DUE 2019.MARTIN MARIETTA MATERIALS INC - ‍FLOATING RATE NOTES WILL MATURE ON DECEMBER 20, 2019​.MARTIN MARIETTA MATERIALS - 2047 FIXED RATE NOTES WILL MATURE ON DEC 15, 2047, TO HAVE INTEREST RATE OF 4.250% & WILL BE ISSUED AT 99.681% OF PAR VALUE.MARTIN MARIETTA MATERIALS - 2027 FIXED RATE NOTES WILL MATURE ON DEC 15, 2027, WILL HAVE INTEREST RATE OF 3.500% & TO BE ISSUED AT 99.750% OF PAR VALUE.MARTIN MARIETTA MATERIALS INC - ALSO PRICING OF OFFERING OF $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.250% SENIOR NOTES DUE 2047.MARTIN MARIETTA MATERIALS INC - NET PROCEEDS OF OFFERING EXPECTED TO BE USED TO FINANCE, IN PART, ACQUISITION OF BLUEGRASS MATERIALS CO.MARTIN MARIETTA MATERIALS - ALSO PRICED OFFERING OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.500 PERCENT SENIOR NOTES DUE 2027.  Full Article

Martin Marietta posts Q3 EPS $2.39
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Martin Marietta Materials Inc ::Martin marietta reports third-quarter 2017 results.Q3 earnings per share $2.39.Q3 revenue $1.088 billion versus I/B/E/S view $1.07 billion.Q3 earnings per share view $2.45 -- Thomson Reuters I/B/E/S.Martin marietta materials inc sees ‍ 2017 total revenues $3.87 billion to $3.97 billion​.Martin marietta materials inc - sees 2017 ‍capital expenditures between $450 million to $500m million.Martin marietta materials - co, bluegrass materials are continuing to work closely and cooperatively with doj in its review of proposed transaction​.Martin marietta materials inc - sees ‍2017 net earnings attributable to martin marietta between $400 million and $445 million​.Martin marietta materials inc sees ‍ 2017 net sales $3.64 billion to $3.74 billion​.Martin marietta materials - co, Bluegrass materials currently anticipate that proposed acquisition will be completed in first half of 2018​.Fy2017 revenue view $3.82 billion -- Thomson Reuters I/B/E/S.Martin marietta-prelim view of 2018 anticipates aggregates shipments to increase in mid-single digits if forces with "limited growth" remain in place​.Martin marietta materials inc - ‍ 2017 consolidated net sales and total revenues guidance exclude $355 million related to estimated interproduct sales​.Fy2017 revenue view $3.82 billion -- Thomson Reuters I/B/E/S.  Full Article

MARTIN MARIETTA MATERIALS COMMITS TO CERTAIN TIMELINES WITH U.S. DOJ
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Martin Marietta Materials Inc ::MARTIN MARIETTA MATERIALS SAYS ‍ON OCT 17, CO COMMITTED TO CERTAIN TIMELINES WITH UNITED STATES DEPARTMENT OF JUSTICE​ - SEC FILING.‍CO AND BLUEGRASS MATERIALS CURRENTLY ANTICIPATE THAT PROPOSED ACQUISITION WILL BE COMPLETED IN H1 2018​.AGREED NOT TO CONSUMMATE ACQUISITION OF BLUEGRASS MATERIALS BEFORE JAN 31, 2018, UNLESS DOJ HAS COMPLETED INVESTIGATION.  Full Article

Martin Marietta increases quarterly cash dividend
Friday, 25 Aug 2017 

Aug 24 (Reuters) - Martin Marietta Materials Inc :Martin Marietta increases quarterly cash dividend.Martin Marietta Materials- ‍board of directors approved a five percent increase in quarterly cash dividend to $0.44 per share on company's common stock​.  Full Article

Martin Marietta Materials reports Q4 earnings per share $1.55
Tuesday, 14 Feb 2017 

Martin Marietta Materials Inc : Martin Marietta reports record fourth-quarter and full-year results; sees strong momentum carrying into 2017 and beyond . Q4 sales $889 million versus I/B/E/S view $896.6 million . Q4 earnings per share $1.55 . Q4 earnings per share view $1.62 -- Thomson Reuters I/B/E/S . Sees 2017 capital expenditures of $ 350-400 million . Sees 2017 consolidated net sales of $3.75 billion to $3.95 billion . Sees 2017 consolidated gross profit of $ 1.0 billion to $ 1.1 billion . Sees 2017 outlook reflects durable economic recovery with increasing demand and solid pricing .Fy2017 earnings per share view $9.09, revenue view $4.01 billion -- Thomson Reuters I/B/E/S.  Full Article

Martin Marietta Materials Q3 earnings per share $2.49
Tuesday, 1 Nov 2016 

Martin Marietta Materials Inc : Says for public sector, continued modest growth is expected in 2016 . Qtrly consolidated net sales $ 1.038 billion $ 1.005 billion . Martin marietta delivers record third-quarter performance . Q3 earnings per share $2.49 .Q3 earnings per share view $2.61 -- Thomson Reuters I/B/E/S.  Full Article

Martin Marietta - Co, unit enter into amendment to credit agreement
Saturday, 1 Oct 2016 

: Martin Marietta Materials says co, unit Martin Marietta Funding LLC entered into amendment to credit agreement with suntrust bank as of Apr 19, 2013 . Martin Marietta says credit and security agreement was extended and, as amended, is scheduled to terminate on September 27, 2017 - SEC filing . Martin Marietta Materials Inc says effective with seventh amendment to credit and security agreement, the facility limit was increased to $300 million Source - http://bit.ly/2d1RPi3 ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Martin Marietta Materials increases quarterly cash dividend
Monday, 22 Aug 2016 

Martin Marietta Materials Inc : Martin Marietta increases quarterly cash dividend .Martin Marietta Materials inc says approved a five percent increase in quarterly cash dividend to $0.42 per share.  Full Article

BRIEF-Martin Marietta Materials Reports Qtrly Earnings Per Share Of $0.16

* COMPANY INCREASES 2018 GUIDANCE TO REFLECT CONTRIBUTION FROM BLUEGRASS MATERIALS ACQUISITION