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United States

Vulcan Materials Co (VMC)

VMC on New York Consolidated

121.00USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Vulcan Materials - Unit Received Imminent Danger Order At Its Danley Quarry In Antioch, Tennessee
Friday, 8 Dec 2017 05:39pm EST 

Dec 8 (Reuters) - Vulcan Materials Co ::VULCAN MATERIALS - UNIT RECEIVED IMMINENT DANGER ORDER AT ITS DANLEY QUARRY IN ANTIOCH, TENNESSEE.VULCAN MATERIALS - IMMINENT DANGER ORDER ISSUED TO REMOVE CUSTOMER TRUCK DRIVER OBSERVED STANDING UNDER RAISED HYDRAULIC TAILGATE OF TRUCK.  Full Article

Vulcan Materials reports Q3 earnings per share $0.82 from continuing operations
Wednesday, 1 Nov 2017 05:41pm EDT 

Nov 1 (Reuters) - Vulcan Materials Co :Vulcan announces third quarter 2017 results.Q3 earnings per share $0.82 from continuing operations.Q3 earnings per share view $1.05 -- Thomson Reuters I/B/E/S.Vulcan Materials Co qtrly ‍total revenues increased $87 million, or 9 percent, to $1.09 billion​.Vulcan Materials Co - ‍"business remains on track with our longer-term goals and expectations"​.Vulcan Materials Co - ‍company expects to close aggregates usa acquisition during q4 of this year​.  Full Article

US Concrete says, upon termination, fee of C$10 mln will be payable by Polaris under certain circumstances
Monday, 2 Oct 2017 06:24am EDT 

Oct 2 (Reuters) - US Concrete Inc ::US Concrete-arrangement agreement provides that, upon termination, termination fee of c$10 million will be payable by Polaris under certain circumstances.US Concrete- Polaris & co are permitted to terminate deal without payment of a termination fee if deal is not completed on or before Dec 31- sec filing.  Full Article

U.S. CONCRETE TO ACQUIRE POLARIS MATERIALS CORPORATION
Friday, 29 Sep 2017 11:45am EDT 

Sept 29 (Reuters) - U.S. Concrete::U.S. CONCRETE TO ACQUIRE POLARIS MATERIALS CORPORATION.WILL ACQUIRE ALL ISSUED, OUTSTANDING COMMON SHARES OF POLARIS FOR C$3.40 PER SHARE IN CASH BY WAY OF A STATUTORY PLAN OF ARRANGEMENT​.DEAL FOR APPROXIMATELY C$309 MILLION​.‍PRICE PER SHARE IMPLIES AN AGGREGATE FULLY DILUTED EQUITY VALUE FOR POLARIS OF APPROXIMATELY C$309 MILLION​.DEAL REPRESENTS 22% PREMIUM TO C$2.79 PER SHARE TRANSACTION PRICE PURSUANT TO TERMINATED VULCAN AGREEMENT​.‍POLARIS TERMINATED ARRANGEMENT AGREEMENT BETWEEN POLARIS, VULCAN MATERIALS COMPANY AND A WHOLLY-OWNED SUBSIDIARY OF VULCAN​.U.S. CONCRETE TO ACQUIRE POLARIS MATERIALS CORPORATION.POLARIS' BOARD, SPECIAL COMMITTEE HAVE UNANIMOUSLY RECOMMENDED POLARIS SHAREHOLDERS, AMONG OTHERS VOTE IN FAVOUR OF DEAL.  Full Article

POLARIS ANNOUNCES ARRANGEMENT AGREEMENT WITH U.S. CONCRETE
Friday, 29 Sep 2017 11:45am EDT 

Sept 29 (Reuters) - Polaris Materials Corp ::POLARIS ANNOUNCES ARRANGEMENT AGREEMENT WITH U.S. CONCRETE AND TERMINATION OF ARRANGEMENT AGREEMENT WITH VULCAN MATERIALS.IN CONNECTION WITH TERMINATION OF VULCAN ARRANGEMENT AGREEMENT, COMPANY PAID C$10 MILLION TO VULCAN AS A TERMINATION FEE​.‍U.S. CONCRETE HAS ADVANCED FUNDS FOR PAYMENT OF C$10 MILLION TERMINATION FEE PAYABLE PURSUANT TO VULCAN AGREEMENT.‍USCR ARRANGEMENT WILL BE FINANCED WITH CASH ON HAND AND IS NOT SUBJECT TO ANY FINANCING CONTINGENCY​.  Full Article

Vulcan Materials reports Q2 earnings of $0.83/share from cont ops
Wednesday, 2 Aug 2017 08:00am EDT 

Aug 2 (Reuters) - Vulcan Materials Co ::Vulcan announces second quarter 2017 results.Q2 earnings per share $0.83 from continuing operations.Q2 earnings per share view $1.20 -- Thomson Reuters I/B/E/S.Q2 revenue view $1.07 billion -- Thomson Reuters I/B/E/S.Q2 total revenues increased $74 million, or 8 percent, to $1.03 billion .Qtrly adjusted earnings from continuing operations were $0.90 per diluted share.Revised 2017 outlook for shipments to between 182 and 187 million tons.Project full year 2017 adjusted EBITDA of between $1.05 and $1.13 billion.Qtrly aggregates shipments decreased 2 percent versus prior year's quarter and same-store shipments declined 3 percent.  Full Article

Vulcan Materials says priced offering of $250 mln senior unsecured floating rate notes
Monday, 12 Jun 2017 05:34pm EDT 

June 12 (Reuters) - Vulcan Materials Co ::Vulcan Materials Co - on june 12, priced offering of $250 million senior unsecured floating rate notes due 2020 - sec filing.Vulcan Materials Co -also priced $50 million aggregate principal amount of senior unsecured 3.90 pct notes due 2027.Vulcan Materials Co - on june 12, co also priced its offering of $700 million aggregate principal amount of senior unsecured 4.50 pct notes due 2047.  Full Article

Vulcan Materials to buy Aggregates USA LLC for $900 mln
Thursday, 25 May 2017 06:30am EDT 

May 25 (Reuters) - Vulcan Materials Co :Vulcan announces agreement to acquire Aggregates USA LLC.Deal for $900 million in cash.Vulcan Materials Co says expects transaction to be accretive to company's earnings per share in first year following close.Reached a definitive agreement with SPO Partners to acquire its Aggregates business, Aggregates USA LLC.Acquisition complements and expands Vulcan's service offerings in Georgia with three granite quarries.Acquisition includes 12 limestone quarries in Eastern Tennessee and Southwest Virginia.Vulcan may divest several quarries in Tennessee to a third party in order to expedite regulatory approval process.  Full Article

Vulcan reports Q1 earnings per share $0.32 from continuing operations
Wednesday, 10 May 2017 08:00am EDT 

May 10 (Reuters) - Vulcan Materials Co : :Vulcan Materials Co qtrly total revenues increased $33 million, or 4 percent, to $787 million.Vulcan announces first quarter 2017 results.Q1 earnings per share $0.32 from continuing operations.Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Vulcan Materials Co qtrly shipments decreased 2 percent, or 1.0 million tons, to 38.2 million tons.Vulcan Materials Co - our expectation for full year adjusted ebitda of $1.125 to $1.225 billion.Vulcan Materials Co - reaffirms full year earnings outlook.Q1 revenue view $740.2 million -- Thomson Reuters I/B/E/S.Vulcan Materials Co qtrly aggregates segment sales increased $15 million, or 2 percent, to $650 million.Says Q1 adjusted earnings from continuing operations were $0.34 per diluted share.Vulcan Materials Co qtrly aggregates freight-adjusted revenues increased $10 million, or 2 percent, to $497 million.  Full Article

Vulcan Materials CEO Thomas Hill's FY 2016 total compensation was $7.53 mln vs $8.3 mln in FY 2015 - SEC filing
Monday, 27 Mar 2017 04:46pm EDT 

Vulcan Materials Co : CEO Thomas Hill's FY 2016 total compensation was $7.53 million versus $8.3 million in FY 2015 - SEC filing .Vulcan Materials Co - CFO John McPherson's total compensation in 2016 was $5.7 million versus $5.1 million in 2015.  Full Article

BRIEF-Vulcan Materials - Unit Received Imminent Danger Order At Its Danley Quarry In Antioch, Tennessee

* VULCAN MATERIALS - UNIT RECEIVED IMMINENT DANGER ORDER AT ITS DANLEY QUARRY IN ANTIOCH, TENNESSEE