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Vulcan


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Vulcan pushes back large-scale production date for German lithium plant to 2027

CORRECTED-Vulcan pushes back large-scale production date for German lithium plant to 2027 Corrects paragraph 6 to remove reference to equity, changes wording on EIB involvement from "has promised" to "could contribute" FRANKFURT, Nov 8 (Reuters) - Start-up Vulcan Energy VUL.AX will begin large-scale industrial production of lithium hydroxide in Germany in 2027, two years later than originally planned, the company said on Friday as it started operations at a demonstration plant.
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Vulcan Materials Co reports results for the quarter ended in September 30 - Earnings Summary

Vulcan Materials Co reports results for the quarter ended in September 30 - Earnings Summary Vulcan Materials Co VMC.N reported quarterly adjusted earnings of $2.22​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.29. The mean expectation of nineteen analysts for the quarter was for earnings of $2.32 per share.
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Vulcan Materials' quarterly results miss on weather disruptions

Vulcan Materials' quarterly results miss on weather disruptions Oct 30 - Vulcan Materials VMC.N reported third-quarter results on Wednesday that missed Wall Street estimates as weather disruptions impacted construction activity, affecting demand for the company's products such as concrete and asphalt. The company reported revenue of $2 billion in the quarter, slightly below the average analyst estimate of $2.02 billion, according to data compiled by LSEG.
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Vulcan Q3 Revenue USD 2,004 Million Vs. IBES Estimate USD 2,017 Million

BRIEF-Vulcan Q3 Revenue USD 2,004 Million Vs. IBES Estimate USD 2,017 Million Oct 30 (Reuters) - Vulcan Q3 gross profit USD 565 million. Q3 adjusted EBITDA USD 581 million vs. IBES estimate USD 585.8 million Q3 net income USD 208 million vs. IBES estimate USD 320.3 million outlook FY adjusted EBITDA USD 2,000 million
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Quikrete is in talks to acquire Summit Materials, sources say

UPDATE 2-Quikrete is in talks to acquire Summit Materials, sources say Adds Summit's statement in paragraphs 4-5 By Anirban Sen NEW YORK, Oct 24 (Reuters) - Building materials provider Quikrete has approached rival Summit Materials SUM.N , which has a market value of more than $7 billion, with an acquisition offer, people familiar with the matter said on Thursday.
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Housing, building materials stocks brought down by earnings

LIVE MARKETS-Housing, building materials stocks brought down by earnings Dow, Nasdaq now ~flat; S&P 500 slips Industrials weakest S&P sector; Staples lead gainers Dollar ~flat; gold gains ~1%; crude up ~2.5%; Bitcoin off ~1% U.S. 10-Year Treasury yield edges up to ~4.20% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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U.S. Aflac, Lincoln National, Prudential Financial

U.S. RESEARCH ROUNDUP-Aflac, Lincoln National, Prudential Financial Oct 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Aflac, Lincoln National and Prudential Financial, on Wednesday. HIGHLIGHTS * Aflac Inc AFL.N : TD Cowen initiates coverage with hold rating; price target $102 * Corebridge Financial Inc CRBG.N : TD Cowen initiates coverage with buy rating * Lincoln National Corp LNC.N : TD Cowen initiates coverage
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Vulcan To Acquire Wake Stone Corporation

BRIEF-Vulcan To Acquire Wake Stone Corporation Sept 26 (Reuters) - Vulcan Materials Co VMC.N : VULCAN ANNOUNCES AGREEMENT TO ACQUIRE WAKE STONE CORPORATION Source text for Eikon: ID:nPn5bGmJRa Further company coverage: VMC.N
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US builder Vulcan to challenge expropriation of land in Mexico for nature reserve

UPDATE 2-US builder Vulcan to fight land expropriation in Mexico, ordered in president's final week Adds details throughout Vulcan seeking more than $1 billion in compensation via arbitration Outgoing President Lopez Obrador criticized Vulcan's environmental impact US senators propose bill to retaliate against Mexico's expropriation MEXICO CITY, Sept 24 (Reuters) - U.S.
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Vulcan Materials plans legal action after Mexico expropriates land for nature reserve

Vulcan Materials plans legal action after Mexico expropriates land for nature reserve MEXICO CITY, Sept 24 (Reuters) - U.S. construction firm Vulcan Materials VMC.N said on Tuesday it planned to defend itself using all available legal avenues after Mexico turned land that contains a company-run quarry and port on the Riviera Maya into a nature reserve.
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Homebuilder stocks pull back after U.S. house prices slip in June

BUZZ-Homebuilder stocks pull back after U.S. house prices slip in June ** Shares of U.S. homebuilders slip after data shows U.S. single-family home prices fell 0.1% in June on a monthly basis ** PHLX Housing Index .HGX falls 1.1%, on pace for the worst day in nearly three weeks ** U.S. home prices rise 5.1% on an annual basis in June, slowest annual rise since July 2023, as a large inventory of homes for sale and higher mortgage rates limit price gains ** D.R.
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