|
Jan. 3, 2012 – Cement stocks US Concrete (NASDAQ: USCR), Cemex SAB de CV (NYSE: CX) and Texas Industries (NYSE: TXI) have been showing bullishness recently with USCR rising 14.47%, CX rising 7.47% and TXI rising 1.05% on Thursday. One possible explanation could be the fact that base materials producer Vulcan Materials Company (NYSE: VMC) has just rejected an unsolicited bid from Martin Marietta Materials (NYSE: MLM) that the former’s CEO said undervalued the business in a construction trough (Also see: “Vulcan Materials Spurns Martin Marietta Materials: A Reason to Get Bullish on Building Materials? MLM, VMC, USG, EXP”). | READ MORE
|
