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Venezuela Oil Minister: Payment Deal Expected Soon With Holcim
15 March 2010
CARACAS --A top Venezuelan official said Friday that a payment deal with Holcim Ltd. is expected soon, after the socialist government nationalized the cement company in 2008
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Venezuela mulls legal action against Cemex
15 March 2010
CARACAS, - Oil Minister Rafael Ramirez said on Friday that Venezuela is considering legal action to force Mexican cement firm Cemex to return ships it removed from the country during a nationalization dispute.
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Aggregate Industries transfers pension risk
12 March 2010
Aggregate Industries' two largest pension schemes have entered into insurance transactions to transfer risk to Pension Insurance Corporation (PIC), a provider of risk management solutions to defined-benefit pension funds.
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Lafarge Nigeria unit pre-tax profit drops 30 pct
12 March 2010
afarge Cement WAPCO, the Nigerian unit of the world's biggest cement maker, said on Thursday its 2009 pre-tax profit fell 30 percent to 8.96 billion naira from the previous year.
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Cement pricing news - analysts disagree with Lafarge
12 March 2010
Not all equity analysts agree with producer Lafarge's hopes of a slow 5% recovery; instead, they see cement demand as flat.
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Italcementi to launch bond on Monday
12 March 2010
Italian cement maker Italcementi is expected to launch on Monday a six to 10-year bond of between 750 million euros ($1 billion) and 1 billion, sources close to the operation said on Thursday
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Inside the real Martin Marietta
12 March 2010
Martin Marietta Materials Inc. (MLM) released its earnings announcement on 02/09. The company reported a change in quarter-over-quarter sales of -20.36% and posted an EPS (trailing twelve months) of 1.90.
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Heidelberg Heir Merckle in tussle with banks
11 March 2010
A recovery in financial markets has helped Merckle raise more than 2 billion euros by placing a majority stake in Germany's HeidelbergCement on the stock market.
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U.S. Concrete warns future is in doubt
11 March 2010
U.S. Concrete Inc. on Wednesday reported a narrower fourth-quarter net loss, but warned that without a successful restructuring there's "substantial doubt about our ability to continue to operate as a going concern."
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RMIX wearing concrete shoes
11 March 2010
1. Revenues in both the 4th quarter and year end were down from 2008; 30.9% and 29.1% respectively
2. Net debt of $292.3M
3. Cash and cash equivalents of $4.2M
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