Caterpillar Inc. (NYSE:CAT) has suddenly been the centre of attention pending a lawsuit filed in 2009 by an ex employee Daniel Schlicksup. The ex employee alleges that he was demoted for highlighting the tax irregularities in the company’s accounts, basis of which the company avoided an estimated $2 billion in federal income tax. Caterpillar Inc. (NYSE:CAT) shares after opening at $98.91 moved to $99.62 on last trade day and at the end of the day closed at $99.39. Company price to sales ratio in past twelve months was calculated as 1.14 and price to cash ratio as 10.43. Caterpillar Inc. (NYSE:CAT) showed a positive weekly performance of 2.05%.
MasTec (NYSE:MTZ) COO Robert Apple sold 11,324 shares of MasTec stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $42.45, for a total value of $480,703.80. MasTec, Inc. (NYSE:MTZ) shares fell -1.35% in last trading session and ended the day on $42.99. MTZ return on equity ratio is recorded as 14.90% and its return on assets is 5.00%. MasTec, Inc. (NYSE:MTZ) yearly performance is 47.48%.
Martin Marietta Materials (NYSE:MLM) and Idaho timber company Boise Cascade (NYSE:BCC) have seen expanded industrial demand for their products. All in all, the firms that produce needed construction products should start to see rising profits as ABI’s billings actually turn into breaking ground. Martin Marietta Materials, Inc. (NYSE:MLM) shares moved up 1.05% in last trading session and was closed at $126.95, while trading in range of $ 126.11 – 128.81. Martin Marietta Materials, Inc. (NYSE:MLM) year to date (YTD) performance is 27.45%.
Dallas-based Texas Industries, Inc. (TXI) and CBRE’s Industrial Brokerage Services Group (CBG) announced the completed sale of 31 acres of land in TXI’s RailPort Business Park in Midlothian, Texas, to Applied Natural Gas Fuels, Inc. (ANGF), the second largest producer and marketer of Liquefied Natural Gas (LNG) in the United States. Texas Industries, Inc. (NYSE:TXI) weekly performance is 0.98%. On last trading day company shares ended up $88.62. Texas Industries, Inc.(NYSE:TXI) distance from 50-day simple moving average (SMA50) is 10.47%. Analysts mean target price for the company is $73.80.
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