Texas Industries, Inc. (NYSE:TXI)
The Company is a supplier of heavy building materials in the United States through its three business segments: cement, aggregates and consumer products.
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Decreasing EBITDA is troublesome
High risk industry
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negf1highshareprice
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COSUMER PRODUCTS
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Cement is not US exported commodity, therefore domestic supply doesn't not do well against the weak dollar. Weak demand for US cement supply will continue to accelerate as the bank credit problem get worse. Except a rebounds in cement to be well beyond the rebound of the banks. In the end most concrete is purchased with monies lent out by banks. No loans, no concrete, no need for cement....
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As cost of oil moves up, cost benefit ratio of concrete roads will take over.
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Following the (CX) CMEX concept, this Texas based Building Materials giant, stands to gain huge from the possible Superhighway idea. Even if that doesn't happen, leader within the area.
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The demand for cement is growing while federal regulations limit the ability to build more cement plants
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Recommended by Meryl Witmer in Barron's Roundtable discussion. Produces cement, aggregates, and concrete. Potential for increased earnings if managed correctly. A good bet.
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The Company is a supplier of heavy building materials in the United States through its three business segments: cement, aggregates and consumer products. I thought it would be a good one to track
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There are talks of a takeover
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Texas and California take up 23% of U.S cement. With new plans in repairing california freeways, and to create a texas-mexico corridor(superfreeway), cement production will be in demand.
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