Construction Materials

Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) gained 6.05% on Wednesday, and it closed at $24.88. This was the fourth trading session in a row that EDC closed higher. Direxion Daily Latin America 3x (NYSE: LBJ) jumped 5.58% today as Banco Bradesco SA (ADR) (NYSE: BBD) gained 2....

Shares of Texas Industries (NYSE: TXI) are higher on the session by 1.24%, currently trading at $37.51. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

KeyBanc is out with its report today on Texas Industries (NYSE: TXI), initiating TXI at Hold. In its report, KeyBanc writes, "We think favorable long-term demographic trends in Texas and California support TXI's ongoing capacity expansions in today's oversupplied markets in time, but low demand...

KeyBanc is out with its report today on Martin Marietta Materials (NYSE: MLM), initiating MLM at Hold. In its report, KeyBanc writes, "We think MLM has a good portfolio of businesses, led by aggregates with well positioned reserves and an established distribution network. Though currently facing...

KeyBanc is out with its report today on Vulcan Materials (NYSE: VMC), initiating VMC at Hold. In its report, KeyBanc writes, "We think VMC has a good overall portfolio of construction material businesses, albeit cyclically depressed, led by its aggregate operations. The Company's focus on reducing...

Analysts at Ticonderoga upgraded PulteGroup Inc (NYSE: PHM) from “neutral” to “buy.” PHM's shares closed at $4.62 yesterday. PulteGroup's trailing-twelve-month revenue is $3.98 billion. Analysts at Jefferies & Company upgraded Texas Industries Inc (NYSE: TXI) from “hold” to “buy.” TXI's shares...

Jefferies & Company has upgraded Texas Industries (NYSE: TXI) from Hold to Buy and has lowered the price target from $43 to $39.

Jefferies & Company has upgraded Eagle Materials (NYSE: EXP) from Hold to Buy and has lowered the price target from $28 to $27.

KeyBanc Capital Markets has initiated coverage on the following companies: Texas Industries (NYSE: TXI), Hold Martin Marietta Materials (NYSE: MLM), Hold U.S. Concrete (NASDAQ: USCR), Hold Vulcan Materials (NYSE: VMC), Hold

At 10:10 am, the Dow rose 1.24% to 10,951.76, the broader Standard & Poor's 500 index moved up 1.26% to 1,137.71 and the NASDAQ composite index gained 1.27% to 2,371.58. The industries that are driving the market today are: Toy & Hobby Stores: This industry jumped 4.23% by 10:10 am. The...

At 10:05 am, the Dow rose 1.13% to 11,396.40, the broader Standard & Poor's 500 index moved up 1.29% to 1,194.01 and the NASDAQ composite index gained 1.03% to 2,533.70. The industries that are driving the market today are: Diversified Communication Services: This industry jumped 6.83% by 10:...

Citi upgraded its rating on Martin Marietta Materials (NYSE: MLM) from Sell to Hold. At the same time, the rating agency reduced its price target on the company's stock from $76 to $68.50. On Friday, MLM closed the day at $67.63.

Jefferies made a number of rating and price target changes in a research report published today. AstraZeneca PLC (NYSE: AZN) had its rating upgraded from Underperform to Hold. On Wednesday, AZN lost 0.34% of its value to finish the day at $47. Its shares continued to slide in today's pre-market...

Morgan Keegan is out with its report today on Martin Marietta (NYSE: MLM), lowering its PT from $95 to $85. In its report, Morgan Keegan writes, "We remain at an Outperform, but uncertainty related to highway spending and rate of recovery in construction will continue to pressure the stock in the...

According to Jefferies, Vulcan Materials (NYSE: VMC) Q2 earnings were better than expected. Jefferies said that this was entirely due to a larger than expected tax credit. “Trading profitability was lower than expected, due to the weaker volumes, down 9% for aggregates in the quarter. Vulcan has...