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What to Watch Today: Stocks Set to Rise After Last Week's Bitcoin-Driven Swings


Ten years to the day since CNBC s Mark Haines died, the network is honoring him by auctioning an NFT of his historic market call at the depths of the Great Recession. Proceeds from the auction will go to Autism Speaks and to the Council for Economic Education.
IN THE NEWS TODAY
Daily new Covid cases in the U.S. have dropped to their lowest level in 11 months as the nation prepares for the long Memorial Day weekend, the unofficial start of the summer travel season. The seven-day average of initial infections was 25,270 as of Sunday, according to data compiled by Johns Hopkins University. (CNBC) ....

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Martin Marietta Materials To Buy Lehigh Hanson's West Region Business For $2.3 Bln In Cash


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WASHINGTON (dpa-AFX) - Martin Marietta Materials Inc. (MLM) agreed to acquire Lehigh Hanson Inc. s West Region business for $2.3 billion in cash.
Lehigh West Region provides the company with a new upstream materials-led growth platform across several of the nation s largest and fastest growing megaregions in California and Arizona.
The acquisition includes 17 active aggregates quarries, two cement plants with related distribution terminals, and targeted downstream operations.
Martin Marietta expects the transaction to close in the second half of 2021 and to be accretive to earnings per share in the first full year following closing.
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© 2021 AFX News ....

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