Heavy rainfall in the Southeast dampened what Martin Marietta Materials CEO Ward Nye still called a record quarter at the Raleigh-based aggregates maker. Following Tuesday’s earnings, Martin Marietta (NYSE: MLM) shares dipped nearly 6.4% to $211.97. Nye tells analysts near-record rainfall in the Southeast – historically among its most profitable geographies – could continue to impact the numbers. “If we have normal weather, we might have trouble meeting some of the volume expectations…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/02/martin-marietta-shares-dip-after-southeast.html?ana=RSS%26s=article_search
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