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Moody’s downgrades Texas Industries' ratings

Moody’s Investors Service has downgraded the ratings outlook for cement manufacturer Texas Industries from stable to negative, on fears a decline in construction activity and higher energy expenses will hurt the company’s short-term outlook. (TXI)

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Texas Industries 4Q profit falls 15% 8:50 AM CT

Concrete maker Texas Industries Inc. said Thursday its fiscal fourth-quarter profit fell 15 percent as prices decreased and diesel costs increased. Net income for the three months ended May 31 fell to $25.6 million, or 92 cents per share, compared with $30.1 million, or $1.09 per share, in the year-earlier quarter. Excluding one-time after-tax gains, the company posted adjusted fiscal fourth-quarter...

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Texas Industries net income falls 15%

NEW YORK (MarketWatch) -- Texas Industries Inc. on Thursday said fourth-quarter net income fell 15% to $25.6 million, or 92 cents a share, from $30.1 million, or $1.09 a share in the year-ago period. Excluding one-time gains of 43 cents a share for the sale of units, earnings in the latest period were 49 cents a share. Sales rose 2% to $266 million. Analysts surveyed by FactSet forecast earnings of...

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Texas Industries Q4 net 92c vs. $1.09

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

1Vote!

Industrial Info Resources: Texas Industries Reschedules Annual Maintenance Shutdown at Midlothian Cement Plant, an Industrial Info News Alert

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Annually, Texas Industries Incorporated's (NYSE: TXI) (TXI) (Dallas, Texas) plant in Midlothian undergoes two maintenance turnarounds. This year, TXI decided to prolong the plant's production time, so the 2008 maintenance turnarounds were rescheduled. The plant completed a nine day maintenance shutdown in April,...

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Lawsuit Filed in Deadly Cement Truck Crash on Dallas Freeway

DALLAS – Attorneys from the Dallas trial firm of Sayles Werbner, PC, are announcing the filing of a civil lawsuit against Dallas-based Texas Industries Inc. (NYSE: TXI) following a deadly freeway ... read more

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Texas Industries names new CFO

Building materials maker Texas Industries Inc. has named Ken Allen vice president of finance and chief financial officer, effective Aug. 1. (TXI)

2Vote!

The Stockpickers: Principal's Nordhus taps Zoll, Texas Industries, BE Aerospace

SAN FRANCISCO (MarketWatch) -- There's more to a good bargain than just an attractive price tag, and that's a key component to the strategy Phil Nordhus uses when picking stocks for his small-cap stock fund.

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This Texan's Getting Bigger

Texas Industries is already growing earnings in front of its added capacity.

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TXI profits rise 15 percent

Cement company Texas Industries Inc. said its third-quarter profits grew 15 percent, helped by Texas' strong construction sector. (TXI)

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Texas Industries F2Q08 (Qtr End 11/30/07)Earnings Call Transcript

Texas Industries, Inc. ()F2Q08 Earnings CallJanuary 4, 2008 2 pm ETExecutivesKen Allen - TreasurerMel Brekhus – Chief Executive OfficerDick Fowler – Chief Financial OfficerAnalystsKen Zener – Merrill LynchJack Kasprzak – BB&T Capital MarketsTodd Vencil – Davenport[Miten Dehia] – Lehman BrothersAndrew Root – Alkeon CapitalDavid MacGregor – Longbow Research[Chris Emrol – TD Capital Markets]PresentationOperatorWelcome...

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TXI profits up 2 percent

Dallas-based cement company Texas Industries Inc. says its quarterly net income climbed to $29.3 million -- up 2 percent -- in the three months ended Nov. 30.

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Texas Industries' earnings beat estimates 8:55 AM CT

Texas Industries Inc.'s profit jumped 2 percent in the fiscal second quarter as the cement company shipped more cement to customers, the company said Friday. Texas Industries Inc70.589:44:20 AM ET+1.36Previous close: 69.22Texas Industries earned $29.3 million, or $1.05 per share, for the quarter ended Nov. 30, compared with profit of $28.7 million, or $1.09 per share, in the fiscal second quarter of...