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Vulcan


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Mexico president wants 'definitive' closure of Vulcan facilities

UPDATE 1-Mexico president wants 'definitive' closure of Vulcan facilities Adds quote and context MEXICO CITY, July 16 (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Tuesday that he wants the closure of U.S. construction company Vulcan Materials' VMC.N facilities in the country to be "definitive." The company has been engaged in a years-long conflict with Mexico's government after officials ordered a halt to limestone quarrying at Vulcan's mining unit in the coastal state of Qu
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Mexico president wants 'definitive' closure of Vulcan facilities

Mexico president wants 'definitive' closure of Vulcan facilities MEXICO CITY, July 16 (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Tuesday in a regular news conference that he wants the closure of U.S. construction company Vulcan Materials' VMC.N facilities in the country to be "definitive." Reporting by Raul Cortes; Writing by
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Citi expects potential for downside revisions to Vulcan Materials FY outlook, lowers PT

BUZZ-Citi expects potential for downside revisions to Vulcan Materials FY outlook, lowers PT ** Citi lowers PT for constructions company Vulcan Materials VMC.N to $297 from $322 ** Brokerage said, "We see potential for modest downside revisions to VMC's FY guide as fully recovering from a softer 1H may prove challenging" ** Citi expects VMC could forecast FY aggregates volumes to the lower end of its prior range, but doesn't expect the wet weather to severely hamper pricing in Q2, and models agg
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Mexico mining investment seen stable at $5 billion in 2024, says industry group

UPDATE 1-Mexico mining investment seen stable at $5 billion in 2024, says industry group Adds detail from presentation, context MEXICO CITY, July 10 (Reuters) - Mining investment in Mexico should remain largely stable in 2024 compared to last year at around $5 billion but new regulation could hamper the development of new mining projects, the country's Camimex mining chamber said on Wednesday.
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U.S. STOCKS Gold miners, Nikola, Cruise stocks

BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, Nikola, Cruise stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Chip stocks boosted the Nasdaq on Monday, while the S&P 500 and the Dow edged lower as investors awaited a key inflation reading, commentary from Federal Reserve Chair Jerome Powell and the start of corporate earnings season for monetary policy cues.
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U.S. STOCKS Ally Financial, Ideaya Biosciences, Brinker

BUZZ-U.S. STOCKS ON THE MOVE-Ally Financial, Ideaya Biosciences, Brinker Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report, Congressional testimony from Federal Reserve Chair Jerome Powell and the start of earnings season this week.
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JP Morgan sees weak Q2 for US construction materials companies, lowers PTs

BUZZ-JP Morgan sees weak Q2 for US construction materials companies, lowers PTs ** J.P. Morgan lowers PTs for U.S. construction materials companies Company New PT Old PT Median PT - LSEG data Martin Marietta Materials MLM.N $580 $600 $660 Vulcan Materials VMC.N $255 $270 $300 Eagle Materials EXP.N $230 $265 $270 Summit Materials SUM.N $42 $47 $50 *
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U.S. Alimera Sciences, Comtech Telecommunications, Eli Lilly

U.S. RESEARCH ROUNDUP-Alimera Sciences, Comtech Telecommunications, Eli Lilly June 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alimera Sciences, Comtech Telecommunications and Eli Lilly, on Tuesday. HIGHLIGHTS * Alimera Sciences Inc ALIM.O : Craig-Hallum cuts to hold from buy * Comtech Telecommunications Corp CMTL.O : Jefferies raises to hold from underperform * Eli Lilly LLY.N : Truist Securities raises targe
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Gilead Sciences Inc GILD.OQ +7.9% Accenture PLC ACN.N +6.9% Advanced Micro Devices Inc AMD.OQ +6.3% Super Micro Computer Inc SMCI.OQ +6.2% Epam Systems Inc EPAM.N +6.1% Bottom Performers Percent Change Jabil Inc JBL.N -8.5% Enphase Ene
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Freeport's Kathleen Quirk becomes CEO as global copper demand surges

Freeport's Kathleen Quirk becomes CEO as global copper demand surges By Ernest Scheyder June 11 (Reuters) - Copper giant Freeport-McMoRan FCX.N officially installed Kathleen Quirk as its next CEO on Tuesday, making her the highest-ranking woman ever in the mining industry at a time of surging demand for the red metal used across the global economy.
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CEO pay is hidden factor in US relisting trend

BREAKINGVIEWS-CEO pay is hidden factor in US relisting trend The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, May 29 (Reuters Breakingviews) - The journey across the pond is getting crowded. Ferguson FERG.N , the $42 billion plumbing supplier, switched its primary listing from London to New York in 2022, and $55 billion cement maker CRH CRH.N followed last year.
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Vulcan rejects Mexico's 'illegal expropriation' of its investments

UPDATE 1-Vulcan rejects Mexico's 'illegal expropriation' of its investments Updates with detail and context throughout MEXICO CITY, May 27 (Reuters) - U.S. construction company Vulcan Materials VMC.N on Monday rejected what it considers the "illegal expropriation" of its investments in Mexico and said it remains open to a negotiated solution with the Mexican government.
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Vulcan rejects Mexico's 'illegal expropriation' of its investments

Vulcan rejects Mexico's 'illegal expropriation' of its investments MEXICO CITY, May 27 (Reuters) - U.S. construction company Vulcan Materials VMC.N on Monday rejected what it considers the "illegal expropriation" of its investments in Mexico and said it remains open to a negotiated solution with the Mexican government. Reporting by Kylie Madry and
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Mexican president rules out expropriating Vulcan's mine but maintains land closure

UPDATE 2-Mexican president rules out expropriating Vulcan's mine but maintains land closure Adds quote from president in paragraph 3 and 9, context from company filing in paragraph 7 MEXICO CITY, May 22 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Wednesday ruled out expropriating U.S. construction company Vulcan Materials' mine but said the land where it operates would remain closed until at least the end of his term.
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Mexican president rules out expropriating Vulcan's mine but maintains land closure

CORRECTED-UPDATE 1-Mexican president rules out expropriating Vulcan's mine but maintains land closure Corrects company name from "Vulcan Minerals" in paragraph 5 MEXICO CITY, May 22 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Wednesday ruled out expropriating U.S. construction company Vulcan Materials' mine but said the land where it operates would remain closed until at least the end of his term.
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Mexican president rules out expropriating Vulcan's mine but maintains land closure

Mexican president rules out expropriating Vulcan's mine but maintains land closure MEXICO CITY, May 22 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Wednesday ruled out the expropriation of U.S. construction company Vulcan Materials' mine but added that land where it operates would remain closed until at least the end of his term. Speaking at his regular press conference, Lopez Obrador accused the company, which extracts limestone in southern part of the country, of environmental
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Walmart Inc WMT.N +5.9% Advanced Micro Devices Inc AMD.OQ +4.9% Chubb Ltd CB.N +3.8% Dollar General Corp DG.N +3.6% Boeing Co BA.N +3.5% Bottom Performers Percent Change Martin Marietta Materials Inc MLM.N -4.6% Globe Life Inc GL.N -3.
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Vulcan Materials Co's Unit Received An Imminent Danger Order Issued By Mine Safety And Health Administration

BRIEF-Vulcan Materials Co's Unit Received An Imminent Danger Order Issued By Mine Safety And Health Administration May 3 (Reuters) - Vulcan Materials Co VMC.N : VULCAN MATERIALS CO - CO'S UNIT RECEIVED AN IMMINENT DANGER ORDER ISSUED BY MINE SAFETY AND HEALTH ADMINISTRATION UNDER SECTION 107(A) VULCAN MATERIALS CO - ORDER WAS ISSUED TO REMOVE AN EM
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Fed QT taper calms the horses, yen pops again

MORNING BID AMERICAS-Fed QT taper calms the horses, yen pops again A look at the day ahead in U.S. and global markets from Mike Dolan Anxious bond traders seem to have taken solace from the Federal Reserve's surprisingly sharp brake on its "quantitative tightening" process on Wednesday, while the yen capitalized on an easier dollar after what seemed like the second bout of Japanese intervention this week.
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Vulcan Materials Co <VMC.N> expected to post earnings of 74 cents a share - Earnings Preview

Vulcan Materials Co expected to post earnings of 74 cents a share - Earnings Preview Vulcan Materials Co VMC.N , VMC is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2024 The Birmingham Alabama-based company is expected to report a 9.8% decrease in revenue to $1.487 billion from $1.65 billion a year ago, according to the mean estimate from 16 analysts, based on LSEG data.
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