New Products, Extension of Offers, and Conversion of Notes - Analyst Notes on CEMEX, Masco, Vulcan Materials, Martin Marietta, and Owens Corning
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, March 5, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding CEMEX SAB de CV (NYSE: CX),
Masco Corporation (NYSE: MAS), Vulcan Materials Company (NYSE: VMC), Martin Marietta Materials, Inc. (NYSE: MLM), and Owens Corning (NYSE: OC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
CEMEX SAB de CV Analyst Notes
On February 28, 2014, CEMEX SAB de CV (CEMEX) announced the conversions of c. $280 million of its 4.875% Convertible Subordinated Notes due 2015 (Notes). According to the Company, the Notes are expected to be exchanged for an estimated 27.6 million American Depository Shares (ADSs) of CEMEX. CEMEX advised that no cash will be paid to holders of these Notes in connection with these conversions. Fernando A. González, Executive Vice President of Finance and Administration, and CFO of CEMEX, said, "This transaction contributes to the strengthening of our capital structure. It supports our stated objectives of reducing debt and interest costs and reduces our short term contingent refinancing requirements." The full analyst notes on CEMEX SAB de CV are available to download free of charge at:
http://www.AnalystsReview.com/03052014/CX/report.pdf
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Masco Corporation Analyst Notes
On March 3, 2014, Masco Corporation (Masco) announced that Masco Cabinetry has introduced Arbor CreekTMCabinets - a new stand-alone brand of ready-to assemble cabinetry. The Arbor Creek Cabinets are available in four birch door styles and three finishes, and come boxed with all the necessary parts for assembly along with easy-to-follow instructions. Masco stated that the inventory will be stocked at its North Carolina Distribution Center, so that dealers have quick access to products and replacement parts. The full analyst notes on Masco Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03052014/MAS/report.pdf
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Vulcan Materials Company Analyst Notes
On March 3, 2014, Vulcan Materials Company (Vulcan Materials) announced an extension of the expiration date for its previously announced tender offer to purchase up to $500 million aggregate principal amount of its 6.50% senior notes due 2016; 6.40% senior notes due 2017; and 7.00% senior notes due 2018. The Company has now extended the expiration date to 5:00 p.m. New York City time on Friday, March 7, 2014. The full analyst notes on Vulcan Materials Company are available to download free of charge at:
http://www.AnalystsReview.com/03052014/VMC/report.pdf
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Martin Marietta Materials, Inc. Analyst Notes
On March 3, 2014, shares of Martin Marietta Materials, Inc. (Martin Marietta) closed at $122.00, up 0.02%. Over the past three trading sessions, Martin Marietta's shares rose 0.40%, while the Dow Jones Industrial Average declined 0.19% during the same period. The stock is trading near to its 52-week high of $125.01. The full analyst notes on Martin Marietta Materials, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/MLM/report.pdf
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Owens Corning Analyst Notes
On March 3, 2014, Owens Corning's stock declined 0.52% to $45.52 at the end of the trading session. Owens Corning's shares climbed 0.07% over the past three trading days, while the S&P 500 gained 0.03% during the same period. The stock is trading near to its 52-week high of $46.64. The full analyst notes on Owens Corning are available to download free of charge at:
http://www.AnalystsReview.com/03052014/OC/report.pdf
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